Nest

nest dex exchange

Project Partners

  • alrebra
  • steer protocol
  • ichi
  • reflex
  • openocean
  • defined

The Challenge

Duration of work: 4 months

People on the project: 7

Forked from Fenix protocol, Nest creates a flywheel of funds that guarantees earnings for both DEX liquidity providers and NEST holders via its ve(3,3) model.

NEST holders can deposit their locks into automated strategies that execute optimised voting every epoch and earn swap fees and incentives from the pools. Liquidity providers can claim emissions in NEST via Blaze – an in-house off-chain emissions distribution system establishing fair rewards provision rewards safe from with JIT-attacks.

nest voting ve33

Project
team

  • Frontend Developer2
  • Backend Developer1
  • Smart Contract Developer1
  • DevOps1
  • QA Engineer1
  • Product Manager1
  • lead frontend developer

    Oleh

    [Frontend Developer]

  • frontend developer

    Oleh

    [Frontend Developer]

  • lead backend developer

    Andrii

    [Backend Developer]

  • smart contract developer

    Bohdan

    [Smart Contract Developer]

  • devops engineer

    Yurii

    [DevOps]

  • oleksandr qa engineer

    Oleksandr

    [QA Engineer]

  • product manager

    Lidiia

    [Product Manager]

nest liquidity provision

What we use

  • Frontend

    Next.js, RainbowKit, Wagmi

  • Backend

    ASP.NET, Nethereum, Hangfire

  • Smart Contracts

    Solidity, Hardhat, Chai, Algebra Protocol, Aerodrome Protocol

  • Blockchain

    HyperEVM

  • Integrations

    Ichi, Steer, OpenOcean, Defined, Coingecko, Defillama, X API

  • DevOps

    Vercel, AWS

Reliability, security and focus on user convenience were the core principles of development.

nest ve33 locks

The Result

$274.16M Volume

$185.18K Protocol Revenue

$15M TVL

NEST is a top trending token on DexScreener months after launch

Nest DEX and token were successfully launched on HyperEVM. Protocol is one of the top on the network with millions of volume daily. NEST token was launched with a public phase and a direct airdrop to the investors and early protocol supporters.

Hype Engine, an automated voting strategy of Nest, is generating thousands of $ weekly for its depositors and executes NEST buybacks strengthening the token.

Aegas keeps building and extending Nest protocol with new user earning strategies and bespoke DeFi experience.

nest airdrop