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Nibiru

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Last updated 11 months ago

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About project

Nibiru Chain is a proof-of-stake blockchain in the Cosmos ecosystem. Nibiru supports three main decentralized applications: Nibi-Perps - an open-ended exchange: on the exchange, users can use borrowed funds and trade many assets Nibi-Swap - Spot AMM: Automated Market Maker for Multichain Assets. This application provides users with access to swaps, pools and related liquidity indicators. NUSD Stablecoin uses a dual-token economic model, where NIBI is the governance and utility token for the protocol, and NUSD is the capital-efficient, partially collateralized algorithmic stablecoin created by the protocol Nibiru combines leveraged derivatives trading, spot trading, staking and bond liquidity into a single user interface, allowing users of more than 40 blockchains to trade leveraged using a set of decentralized, composable applications.

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