$USDbr and $NOME Tokenomics
Overview of Nome Protocol Tokens
Nome Protocol operates with two core tokens:
USDbr: A synthetic algorithmic stablecoin designed to maintain a value close to $1 through elastic supply adjustments.
NOME: The primary asset of Nome Protocol, serving governance and economic functions, similar to BERA.
USDbr Tokenomics & Stability Mechanism
USDbr is an algorithmic stablecoin that dynamically adjusts its supply based on market demand, ensuring price stability while supporting liquidity expansion in the Berachain ecosystem. USDbr is designed to fluctuate around $1, acting as an efficient medium of exchange and a liquidity amplifier for Berachain’s DeFi protocols.
USDbr Supply & Distribution:
Total Supply: Supply is elastic, check it here.
90% of rebase emissions go to the Stabilization Fund
2% to NOME-HONEY LP stakers
4% to NOME stakers (reducing to 3% after gauge launch)
4% to the development fund
The initial 20,000 USDbr was pre-minted to create liquidity, paired with 20,000 HONEY by the team to bootstrap trading. These liquidity tokens do not farm any NOME rewards—they were solely used for initial liquidity bootstrapping.
USDbr rebases every 2/2.5 hours, dynamically adjusting its supply to maintain price stability. The larger the price deviation from $1, the larger the rebase amount, ensuring market equilibrium.
NOME Tokenomics & Emissions Model
NOME is the primary governance and staking asset of Nome Protocol. Unlike most DeFi projects, NOME had no pre-mine, no team allocations, and no VC funding. The entire supply is distributed through liquidity mining and staking, ensuring that 100% of tokens are owned by users.
NOME Supply & Distribution:
Total Circulating Supply: 12,500,000 NOME
100% distributed through liquidity mining
No insider allocations or reserved tokens
A portion held in the Treasury for future liquidity mining incentives (Treasury Address)
Burned Supply
As part of Nome’s commitment to sustainability and fair distribution, 50% of the total NOME supply was burned to ensure healthier tokenomics and long-term scarcity.
Burned Supply: 75% of NOME
Transaction Proof: View on Berascan
Impact: Enhanced scarcity and better long-term value capture for participants
Update as of 03/28/2025: The Nome supply has been reduced to the 12.5M NOME with a second batch of burn transaction. To See the the transaction head over to: View on BeraScan
With this burn, the total burned ratio has been increased from 50% to 75%.
Additionally, the NOME-HONEY LP tokens were burned, ensuring full transparency and preventing any potential liquidity manipulations.
LP Burned: View Transaction on Berascan
Impact: No team access to liquidity, stronger market stability, and protection from rug risks
Following the successful fair launch, the Stabilization Fund and Total Value Locked (TVL) exceeded $100,000, with the system now stabilized at 100% over-collateralization on Berachain Mainnet.
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