Nektar Network

About Nektar Network

Nektar is a Liquidity & Infrastructure Marketplace that aggregates liquidity by connecting Delegators to Networks through a Decentralized Asset Manager (DAM). DAMs also enable Operators to manage infrastructure operation for the benefit of Networks.<br/>Nearly any participant in the modular decentralized economy can use Nektar to distribute rewards or source compute power without relinquishing token control or altering incentive mechanics.<br/>Nektar aims to match infrastructure and liquidity needs of Highlight/Vision: Nektar distinguishes itself by its modular approach to facilitating the access to decentralized infrastructure and liquidity flows. Central to the eco_ is the DAM, which aggregates and allocates liquidity to connected Networks while facilitating matchmaking among the marketplace participants. This approach enables customized reward schemes and scalable asset delegation strategies without compromising asset security. Token Economics: By locking NEKTAR tokens in a non-custodial smart contract on the Nektar protocol for predetermined periods, holders can acquire veNET. The longer the lock duration, the more veNET is received, incentivizing long-term commitment and active governance participation. The veNET token is a non-transferable governance token, critical for securing and managing the Nektar protocol: - Whitelisting new Networks - Approving new assets - Dispute resolution - Proposal creation - Governance voting Technical Overview: Networks can implement _ious asset flow scenarios, including: Infrastructure: No assets required. Liquidity: Assets are transferred to a time-locked vault. Once the lock expires, the funds are moved to a designated smart contract for use previously proposed by the Network in a non custodial and transparent manner. At the end of the Network_s interaction in Nektar_s lifecycle, the assets must return to the Delegators. Growth: Assets are transferred to a time-locked vault, and once the lock expires, the Network can withdraw the released assets. These assets do not return to Nektar. Shared security: Assets remain in Nektar as collateral. If Operators behave maliciously, the Network can request assets, which are moved to a time-locked vault for dispute resolution. Token Allocation: Seed and strategic investors: 20.92% Key opinion leaders: 1.125% Advisors: 14.275% Airdrop _community_: 4.7% Airdrop _points holders_: 9% Core contributors: 13.93% Protocol reserve: 36.05%