What is Nerve Finance?
Nerve is an automated market-maker (AMM) decentralized exchange (DEX) on Binance Smart Chain (BSC) designed for low-slippage trades of stablecoins and other pegged assets. Nerve 3Pool is a basket of dollar-pegged stablecoins consisting of BUSD, USDT and USDC. Nerve protocol provides a fUSDT metapool and pegged BTC and ETH pools in service of the cross-chain Nerve Bridge, as well as an rUSD metapool in collaboration with Ramp DeFi and a UST metapool in collaboration with Terra. Users can mint rcTokens using BEP-20 NRV collateral as a form of interest free loan, or mint rcTokes using BUSD, USDT or USDC stablecoins. rcTokens can be used to farm NRV and RULER rewards, distributed as a percentage of trading fees.