Nereus plans to evolve the protocol over several phases. The initial launch will be a trusted mechanism to provide returns for protocol users by offering dynamic APR for lending/borrowing.
The intention is to attract a large number of users and maximise liquidity. This active user base will allow Nereus to develop participatory governance models in line with the ever-changing DeFi landscape, engaging with its community to develop the exact model that will be used.
Over-collateralised Stable Coin:
With the launch of NXUSD Nereus is providing new mechanism to create liquidity and use cases for the Nereus ecosystem.