NEZHA

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2 Aug 2022
33

What is Nezha?

Nezha is the liquidity engine for prediction markets in which participants wager the yield generated on the pooled principal of all participants rather than the principal investment.
Nezha uses the power of DeFi to drastically change the old industry dynamics through staking liquidity and yield aggregation.


Core Utilities of Nezha

  • STAKING: Staking our native token will grant you access to higher tiers of our owned products. Additional entries into prediction market games and access to special game pools are among the staking benefits.


  • LIQUIDITY MINING: On external exchanges, NEZ holders will be able to provide token liquidity. This will initially be supported by NEZ tokens released from the treasury on a pro-rata basis.


  • BUY BACK & BURN: To ensure optimal token stability and long-term value creation, a portion of the platform's revenues will be used to buy back tokens.


  • WHITELABEL: By locking Nez tokens, third-party operators can Whitelabel the Nezha infrastructure and games.


  • ACCESS: The token utility will be integrated into our VRF in its post-MVP stage to generate LP tickets.


  • GOVERNANCE: Token holders with a significant stake in the project can apply to join the Nezha DAO and propose or vote on protocol proposals.




References

[1] NEZHA, 'SOLANA’S GAMIFIED YIELD AGGREGATOR' (online, 2022) <https://www.nezha.fi/>

[2] NEZHA DECK, 'SOLANA’S GAMIFIED YIELD AGGREGATOR' (online, 2022) <https://api.nezha.fi/wp-content/uploads/2022/04/nezha-pitch-deck-v5-2.pdf>

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