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Submitted URL: http://nuon.fi/
Effective URL: https://nuon.fi/
Submission: On January 05 via api from US — Scanned from FI
Effective URL: https://nuon.fi/
Submission: On January 05 via api from US — Scanned from FI
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DashboardBridgeEarnAnalyticsNews DefillamaDune Analytics Connect Wallet Meet Nuon. Stable Money. Protects Your Wealth| Overcollateralised Pegged to Inflation 100% Audited Meet Nuon, a decentralised flatcoin that protects your wealth against inflation. Get started in seconds. Mint NUONBuy NUONView Docs TVL $229.04K+ Current Price $1.013 Peg Price $1.014 Backed by HOW IT WORKS 0% Interest Loans Unlike interest-based borrowing, minting NUON requires only a nominal one-time fee, making it a cost-efficient, predictable alternative to fluctuating interest rate loans. Mint NUON Supported Assets WETH LINK ARB wstETH rETH NUON CONTRACTS HAVE BEEN AUDITED BY COINFABRIK Read the full audit report Frequently Asked Questions Read all FAQs WHAT IS THE RISK/RETURN CONCEPT OF THE NUON FLATCOIN AND HOW DOES IT WORK? The Nuon flatcoin's protocol algorithm is designed in such a way that the market value of Nuon increases over time in line with inflation. This guarantees a return equivalent to the Truflation Consumer Price Index (CPI). This is possible because Nuon is pegged to truflation as the source of inflation, and as long as Nuon maintains this peg, the price will continue to increase, effectively minimizing risk to the buyer. HOW DOES NUON MITIGATE THE RISK FOR A HOLDER WHO PURCHASES IT FROM THE MARKET? The underlying risk for a Nuon holder who buys it from the market is minimized because Nuon is pegged to truflation, and its price will increase accordingly. This is supported by the unique Quadruple Redundancy Peg Stability Mechanism that guarantees the peg to inflation in four different ways. WHAT IS THE QUADRUPLE REDUNDANCY PEG STABILITY MECHANISM? The Quadruple Redundancy Peg Stability Mechanism is a unique feature of the Nuon protocol that ensures the peg to inflation is locked in four different ways: 1. The Nuon protocol algorithmically incentivizes users to mint or burn Nuon depending on market conditions, managing supply, demand, and the price of Nuon. 2. Overcollateralization protects the protocol and the peg. Each Nuon is always backed by collateral, with the protocol managing last-resort collateral liquidations. 3. An automatic Liquidity Pool feature protects the price of Nuon by preventing bad actors from draining the liquidity in the protocol ecosystem. 4. Arbitrage opportunities when the market price of Nuon diverges from the peg price accelerates the re-pegging process. For more details, please watch this [video](https://www.youtube.com/watch?v=P3JNMZS65h8). WHERE DOES THE VALUE OF THE INCREASE FOR NUON COME FROM? The increase in value for Nuon comes from the overcollateralization when it is minted by the collateral providers. They are compensated for the Nuon price increase from inflation through rewards of the governance and fee token nuMINT and fees from the protocol treasury. Read all FAQs MINT THE WORLD'S FIRST FLATCOIN Protect your wealth and manage your WETH positions. Total NUON Minted 121.74K+ Current US Truflation Rate 2.13% Mint NUON INSTANT SWAP FOR NUON NOW Swap your USDT to start using Nuon right away. Current price $1.01 Peg Price $1.0138 Swap USDT for NUON Protect your wealth for the future. Mint NUON Supported Tokens Resources WhitepaperNewsMedia Kit About NuonTruflation