Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral. Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.
1.00
4,718,106.00
350,298.00
0.07
4,717,559.54
4,717,559.54
1.04
0.95
1.00
1.00
2025-02-07
2025-02-07
1958
4,718,106.00