Comparison:
Details
Nectra is a decentralized borrowing protocol allowing users to borrow nUSD (Nectra USD) against Citrea BTC (cBTC). The nUSD token is a soft-pegged USD stablecoin, over-collateralized with cBTC deposits. The Bitcoin collateral supports the floor price of the stablecoin through the ability to redeem nUSD for $1 equivalent of cBTC directly.
How do you feel about Nectra today?
Total Votes 658
Bullish
Bearish
How about Nectra?
Comments are posted by users and do not constitute financial advice
