Nerite

Nerite Partners with Privacy Pools on Arbitrum

Nerite has partnered with Privacy Pools for their inaugural Arbitrum launch, enabling users to deposit yUSND (the yield-bearing version of Nerite’s USND stablecoin) while earning Shell Points for the next month. Follow these steps to participate:

1. Acquire yUSND
2. Visit the Privacy Pools deposit page
3. Connect your wallet and deposit yUSND into the privacy pool
4. Withdraw later with yield to a completely private wallet

Depositors will automatically earn Shell Points throughout the campaign period while contributing to the privacy set of depositors.

Nerite LP Boost Now Live with 20X Shell Points

Nerite has launched LP Boost on their primary USDC-USND Balancer pool on Arbitrum, offering 20X Shell Points daily for liquidity providers. Sustainable USND Incentives will begin bribing veBAL voters for additional rewards starting December 17, 2025.

1. Visit the USDC-USND Balancer pool
2. Connect your wallet and deposit USDC, USND, or both assets
3. Hold your LP position to accumulate 20X Shell Points daily

You can purchase USDC directly from Binance. Early liquidity providers benefit from the boosted points multiplier before veBAL bribe incentives begin on December 17.

Nerite Launches Shell Points Loyalty Program

Nerite has introduced Shell Points, a new loyalty reward system that distributes real tokens on Arbitrum daily to users who interact with their protocol and stablecoin USND. Unlike traditional points programs, Shell Points are automatically sent to users’ wallets without requiring claims or registration.

How to Earn Shell Points

Users earn points through various activities with different reward multipliers:

Core Activities:

• Mint USND – Borrow USND from Nerite against any collateral (1x weight)
• Stability Pool Deposits – Deposit USND directly into any Stability Pool (1x weight)
• yUSND – Deposit USND into the Yearn Stability Pool vault (1.5x weight)

Liquidity Provision:

• Spectra – Provide yUSND liquidity to Spectra yield trading pool (3x weight)
• Balancer – Provide USND-USDC liquidity to the primary pool (2x weight)
• Camelot – Provide USND liquidity to the primary pool (2x weight)
• Bunni – Provide USND liquidity (currently paused) (2x weight)
• Teller – Deposit or borrow against USND (coming soon)

Bonus Multipliers

Go Slow Holder Bonus: Users holding at least 1 Go Slow Open Edition NFT receive a +20% multiplier on all daily Shell Points.

Key Features

• Points are distributed automatically at the end of each day
• Fair distribution system prevents large short-term deposits from diluting long-term users
• No registration, claims, or wallet connection required
• Track progress on the leaderboard page in the Nerite app

You can also swap into USDN using DefiLlama Swap to participate in the activities listed above. Make sure you have some ETH on Arbitrum. If you don’t hold any ETH, get some from Binance or bridge assets using Rhino.fi.

Nerite Protocol Launches on Arbitrum

Nerite Protocol, a Liquity V2 fork, has officially launched on Arbitrum with its USND stablecoin now available for borrowing, streaming, and earning.

Participation Steps

1. Provide liquidity to the USND-BOLD pool on Bunni
2. Manage your position over time to ensure it stays in range and earns fees
3. Users will be awarded retroactively once the NERI token goes live
4. Rewards will be proportional to your share of the USND-BOLD liquidity pool

USND Stablecoin Availability

USND can be obtained through two methods:

• Purchase on DEXes including Squid Router, Camelot, or Bunni
• Mint by borrowing directly from Nerite Protocol

Yield Opportunities

• Provide liquidity to the USND-BOLD pool: incentives worth $10,000 USDC until August 1st, 2025. As well as a confirmed NERI airdrop on top of any yield from providing liquidity.

USND also generates native yield when deposited in Stability Pools through multiple revenue sources:

• 75% of all protocol fees from borrowers
• 100% of liquidation fees from collateral branches
• Extra OEV rewards from API3 oracle partnership
• SUP rewards from Superfluid Community Grants

Note: NERI is the future governance token for Nerite Protocol but is not currently live. Be cautious of potential scams claiming to offer NERI tokens.

Additional Opportunities

Supply BOLD to Liquity’s Stability Pools

1. Acquire BOLD tokens
   • Visit DeFiLlama swap
   • Ensure you have ETH on mainnet for gas fees
   • Swap ETH/other tokens for BOLD tokens
2. Deposit BOLD in Liquity’s stability pool
   • Navigate to liquity.app
   • Go to the “Earn” section
   • Select your preferred stability pool
   • Click the “+” symbol to initiate a deposit
   • Enter your desired deposit amount
   • Confirm the transaction
3. Use Liquity DeFi integrations (optional)
   • Check your rank with the Liquity v2 leaderboard on Dune
   • NERI tokens will be distributed according to your score at a later date
   • Explore other DeFi integrations for BOLD to increase your score

Maximizing Your Chances

Best Practices

• Maintain your USND and/or BOLD deposits in the stability pool/liquidity pool for longer periods
• 2.75% of the NERI supply is dedicated to long term incentives for users of Liquity and BOLD on Ethereum mainnet according to their score on the Liquity v2 leaderboard
• Nerite have mentioned in a recent blog post that it’s possible incentives for USND-BOLD liquidity providers could be increased in the future above the current 1.25%
• Follow Nerite’s official X (Twitter) account for important updates