Introducing Nerve Finance: the first StableSwap AMM on Binance Smart Chain

Nerve is a StableSwap AMM designed to allow trading stablecoins and pegged synthetic assets quickly with minimal slippage.

Why Build Nerve?

We’re launching Nerve on Binance Smart Chain since BSC allows us to achieve the true values of DeFi: the democratization and access of finance without restrictions. Unlike many recent projects focused on optimizing the short-term, we’re building Nerve to create a long-standing centerpiece of the DeFi and BSC ecosystem.

Launching Nerve

Rewards will be paid out in $NRV — Nerve’s native token.

$NRV will be listed for trading on a Pancake Swap pool as of block 5305392, approximately Monday, March 1st at 15:00 UTC.

Initial Liquidity Mining

The NRV token

  • Tokens are rewarded to liquidity providers and stakers
  • NRV can be staked for $xNRV to receive additional NRV, based on trading fees, deposit fees, and emissions
  • The initial emission schedule will mint 50 tokens per block, reducing by 33% each week, until the third week. Following that, each weekly emission will decrease by 10%
  • As the community develops, this emission schedule and total supply can be modified via a decentralized governance vote.
  • Following Sushiswap’s model, 10% of all emissions will be reserved for the community treasury to fund future Nerve development and expansion. This treasury will become governed by the community once enough decentralization is reached.

Smart Contracts and Security

That being said, we’ve taken steps to minimize and reduce potential security issues:

  • Much of our StableSwap AMM implementation was based on Saddle’s Solidity contracts, which was originally based on Curve’s Vyper contracts. Saddle’s contracts were audited here. This does not mean that our contracts were audited, as they were slightly modified. Exercise caution.
  • The $NRV token, staking components, and LP rewards are based on Sushiswap’s contracts, which were also audited.

Join the community

Web app: https://nerve.fi
Discord: https://discord.gg/pDXpXKY
Twitter: https://twitter.com/nervefinance
Github: https://github.com/nerve-finance