Nest PRIME
Yield Bearing Stablecoin
Audited
Target APY
TVL
$13.0M
About
nPRIME provides access to Hastra PRIME, which packages exposure to Figure's Democratized Prime lending marketplace. The underlying strategy provides capital to finance pools of Figure-originated home ...Read more
Hourly on Weekdays
Security reviews
Yield type
No. of holders
7
Redemption fees
How the price grows
Yield is automatically reinvested and reflected in growing token price
Who it's designed for
1
Real-world lending income
Access variable yield from financing Figure-originated home equity lines of credit through Hastra PRIME.
Yield is generated by financing Figure-originated home equity lending through Democratized Prime. Hastra deploys staked wYLDS into this lending strategy and packages the position as PRIME. Accrued returns are reflected in PRIME's value relative to wYLDS. Yield varies with lending-market conditions, utilization, underlying performance, fees and the vault's asset allocation.
Fee structure
Management
Yearly, incl. in APY
Performance
On yield earned, incl. in APY
Redemption
Once, per redemption
Instant
Under 1 min
Standard
Typically 1-4 days
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
