Nex Value Flow
$NEX stakers receive real yield in the form of index tokens as a reward for their governance efforts. This is designed to reward users with diverse assets of their choice while also keeping TVL within Nex Protocol. As part of the initial phase following the protocol's launch, index token holders can also stake their tokens to receive $NEX rewards.
This flywheel has been designed to best reward participants closely aligned with the goals of the ecosystem. It allows them to grow their portfolios while also growing their $NEX governance power during the bootstrapping phase.
From the image (view-only) we can breakdown the several steps, moving bottom left to right:
Bottom Left - Users can buy an index product.
An Index token is created (minted), including a 0.3% fee using the user's funds.
Over the holding lifetime of the index token, a management fee of 1-2.5% (TER) is applied based on the type of index product.
Fee distribution:
50% of the revenue is distributed to $NEX stakers. Receivable fees are paid in nominated index tokens or $USDC.
50% is allocated to the treasury, which distributes to the following:
Funding of operations.
Rewards for index token stakers.
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