Nemesis DAO. Price of cryptocurrency: $ 2.04188588

There is a finance reserve currency protocol built on the BSC. The NMS token is backed by a basket of assets, and is powered by the protocol. There are people in this picture A significant reserve currency on the BSC is truly owned and maintained by a protocol which serves the majority. There are people in this picture Nemesis DAO has a high level of protocol managed treasury and protocol owned liquidity. NMS can only be burned by the protocol as it controls the funds in the treasury. The protocol can back 1 NMS with 1 BUSD. More runway is guaranteed for the stakers as the protocol accumulates PCV. There are people in this picture Staking is the primary value accrual strategy. Stakers can earn rebase rewards by stake their NMS token. Depending on the number of NMS staked in the protocol and the reward rate set by monetary policy, the re base rewards can vary. Staking is not a long-term strategy. There are people in this picture Bonds allow users to mint NMS from the protocol at a discount. Bonding is a cross between a futures contract and a fixed income product. The minter is quoted with terms for a trade at a future date. The amount of NMS the minter will mint is included in the terms. A short-term strategy is bonding. The secondary bond market has a price discovery mechanism. There are people in this picture Reserve bonding allows the protocol to grow its treasury and thus its Backing per NMS quicker.