Nebula
  • 👉Nebula Testnet
    • Join Nebula Protocol Testnet
    • Testing Nebula Protocol
      • Supply
      • Withdraw
      • Borrowing
      • Repay
  • 👉Nebula Overview
    • Nebula Intro
      • What is Nebula ?
      • The problem
    • Competitive Advantages
      • Innovative Collateralization with DEX LP Tokens
      • Cross-Chain
      • Yield Tranching Mechanism
      • Lending Pools
      • Consensus and Oracle
      • Smart Contract
      • Decentralized Governance
      • Community-Driven Governance
    • Comparison with Competitors (Expanded)
  • ⭐Product Feature
    • User Roles
      • Suppliers
      • Borrowers
      • Governance Participants
      • Developers
    • Protocol Architecture
      • Core Components
      • EVM Compatibility with Enhanced Security
      • Cross-Chain Interoperability via Nibiru’s IBC
      • Advanced Oracle Integration
      • Security and Scalability
        • Security
    • Nebula Product
      • DEX LP Tokens as Collateral
      • Customizable Pool Creation
      • Enhanced Liquidity
      • Cross-Chain CDP Contracts
      • Yield Tranching
    • Use Cases
  • ⭐Tech Overview
    • Nebula Technology Overview
      • Validator-Based Oracle System
      • Consensus and Voting Mechanism
      • Risk Management and Security
        • Collateralization Requirements
        • Liquidation Mechanisms
        • Insurance Fund
        • Decentralized Oracles
        • Interest Rate Risk
        • Smart Contract Security
        • Market Risk
        • Governance Risk
        • Cross-Chain Risks
      • Rewards and Slashing Mechanism
      • Scalable and Resilient Design
      • Interest Rate Model
        • Types of Interest Rates
        • Interest Rate Adjustments
        • Benefits of the Model
        • Example Scenarios
        • Governance Control
        • Competitive Advantage
      • Governance
        • Governance Framework
        • Governance Token Utility
        • Governance Process
        • Key Governance Parameters
        • Governance Security
        • Governance Use Cases
        • Long-Term Decentralization
  • Token
    • Tokenomics
      • Token Utility
      • Revenue Model
      • Supply Dynamics
      • Incentive Alignment
    • Nebula Token Info
      • Token Utility
      • Token Distribution
  • GTM
    • Roadmap
    • Points System
    • Ambassador Program(TBD)
  • Appendix
Powered by GitBook
On this page
  1. Token
  2. Nebula Token Info

Token Utility

The $NEB token is the core of Nebula’s ecosystem, driving user engagement and enhancing the platform's decentralized features. Below are the key utilities of the $NEB token:

1. Governance Participation and Revenue Sharing

Stake $NEB to Participate in Governance Staking $NEB allows users to actively participate in Nebula's decentralized governance process. Stakers gain the ability to vote on key decisions affecting the protocol, including:

  • Adjusting fee ratios for certain pools.

  • Supporting new chains and assets as collateral.

  • Other governance-related proposals and updates.

Earn Revenue from the Treasury By staking $NEB, users are also eligible to receive a share of the protocol’s revenue, which is distributed from the Treasury. This revenue-sharing model rewards active governance participants.


2. Collateral Utility

Use $NEB as Collateral $NEB tokens can be used as collateral within the Nebula lending protocol, allowing users to borrow assets against their staked $NEB. This integration increases the token’s utility across the platform.

Lower Minimum Collateral Ratio with More $NEB Staked The minimum collateral ratio required for borrowing is dynamically tied to the amount of $NEB staked. The more $NEB tokens a user stakes, the lower the minimum collateral ratio, allowing for more favorable borrowing terms.


3. Interest Payment Discounts

Pay Interest Using $NEB Borrowers have the option to pay interest on their loans using $NEB tokens. Choosing to pay with $NEB results in a discount on the interest rate, providing users with a cost-saving benefit and encouraging the circulation of the native token within the ecosystem.


4. Access to Yield Tranching, High-APR Pools, and Social Lending Features

Stake $NEB to Access Unique Feature Certain yield tranching pools or high-APR pools are only available to users who have staked a minimum amount of $NEB. By staking $NEB, users can qualify for these exclusive opportunities, allowing them to maximize their returns. In addition to high-yield pools, $NEB holders will gain access to social lending features.

PreviousNebula Token InfoNextToken Distribution

Last updated 7 months ago