venShare

Understanding the utility of share token;

venShare is a classical voting escrow token that gives the ability to collect platform's earnings for its holders of non-transferable escrow tokens, alongside the ability of participating platform's governance.

Vested nShare option of Nether platform as follows;

  • holders are able to determine their lock period up to 2 years.

  • holders reward multiple is subjected to the determined lock period

  • holders are able to collect the platform’s revenue in order to their vesting period.

  • holders can vote if any proposal comes into consideration of the platform according to Nether

Team’s long-term vision;

When L2s utilization has reached its maturity, cross-layer liquidity is going to be an important subject for the entire roll-ups. In doing so, Nether’s venShare holders could be able to decide where NETHER liquidity will be directed across different L2s to provide seamless meta-transactions. On a wider vision, combined utilities that Nether Protocol provides will be the key element for the Ethereum’s native chain security in parallel with the entire L2 ecosystem, and NetherDAO voters as venShare holders determine which L2 should be utilized with the platform’s deep liquidity to execute its transactions if Nether Team’s vision is accomplished.

Another feature that is planned to boost NETHER’s usability is, using the token as a medium of exchange across multiple layers. According to the project’s roadmap, NETH will be utilized as omni-pool style of AMM in furtherance, while having its own AMM and an intermediary token that actually have a purpose and deeper liquidity is going to improve NETH tokens utilization in theory. After Nether v2 is deployed with an omni-pool style AMM, venShare holder’s value acquiring strategies and options will be multiplied according to TVL of the platform.

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