Overview

How does it work?

Users buy $NUMA from an LP or mint $NUMA via the rETH vault.

Users burn $NUMA tokens to mint nuMoney, such as $nuGOLD: burn $500 worth of $NUMA token to mint $500 of $nuGOLD.

The burned $NUMA serves as collateral for the minted nuMoney—backed by rETH: on-chain, decentralized, trustless, and permissionless.

Users can single-stake nuMoney synthetics to earn sustainable, real yield—powered by rETH.

Users are able to trade directly between nuMoney synthetics—such as $nuUSD and $nuBTC and $nuGOLD—without slippage.

The $NUMA token represents a non-liquidatable, leveraged long on ETH.

Users can borrow the rETH-backing of their $NUMA tokens or open leveraged long and short positions, interest-free.

nuMoney price pegs are maintained through a combination of transparent proof-of-reserves and free market arbitrage trading.