A symbiotic relationship with HONEY & other Bera-native assets

NOME Protocol can help bears reduce the velocity of money, which is (in certain proportions) crucial for a currency to be more stable. If a stbale like HONEY only has sell-buy operations, and nobody actually holds it as an asset — then its velocity would be too high to maintain the peg. See an example of DAI where some Ethereum treasuries hold their savings in it, and then sDAI to give it yield. That’s what NOME can do!

A positive feedback loop with deivatives and spot assets.

Our goal is to provide more liquidity and yields to bears, ensuring they can comfyli sleep in their dens while earnings fun semi-passive rewards. It helps HONEY and other stablecoins get more liquid, and:

• more trading fees to the underlying DEX LPs;

• more interesting yield avenues for bears;

• more transaction fees and composability;

• possible peg support and orderbook depth…

Unique positive feedback loop, the true POL+POL algostable flywheel.

Now onto how it works and how stabilization can be held.