Narwhale

Our initial attention was funneled to non USD stablecoins, but given their low market capitalization, we were forced to reassess and came to the conclusion that algo stablecoins were the subject we would like to tackle.

 The Grand Design

• Narwhale.finance will farm the highest yielding algo stablecoins deposited into vaults by users who would like their funds to be taken care of in a non-custodial fashion.
• New strategies will be developed and deployed to keep up with the racing pace that DeFi is currently innovating.
• On top of automatically harvested rewards provided by stablecoins, users will receive an additional incentive in the form of NAWA token.
• NAWA token will eventually migrate to governance, though our view of it is that not everyone should be able to vote on protocol issues on which they do not possess the necessary economic or technical knowledge.
• Users will be able to lend and borrow algo stablecoins.
• 100% of fees generated by the platform will be distributed to NAWA holders through staking.\

NAWA token initial distribution & protocol jumpstart

• Receive NAWA by staking non USD and algo stablecoins.

• 70 000 000 NAWA tokens distributed over 5 years with no hard cap.

• 0 circulating supply at launch.

• NAWA will be minted when staking the following stablecoins or liquidity pool tokens: