Liquidity for the only trustless stablecoin bridge in or out of BSC.
What is the fUSDT metapool?
A metapool allows a single coin (in this case, fUSDT) to be pooled with all the coins in another pool (the Nerve 3Pool) without diluting its liquidity. Wrapped USDT, or fUSDT, was developed because the USDT (BEP-20) in circulation on BSC is Binance-pegged, and therefore not genuinely trustless.
You can stake fUSDT, BUSD, USDT or USDC in the metapool. Like the 3Pool, it is not necessary to deposit all 4 tokens at once, but watch the price impact when depositing tokens in an unbalanced fashion to see if you are getting a deposit bonus or penalty.
The Nerve fUSDT-3Pool metapool enables you to:
Bridge up to $5M in USDT (ERC-20) to BSC trustlessly and have liquidity to swap your bridged funds into Binance-pegged stablecoins for use across the network.
Earn yield on your stablecoins by depositing them to the metapool then staking the resulting nrvFUSDT LP for NRV rewards.
Deposit and withdraw without a fee (0%).
Unstake and withdraw liquidity at any time - there is no lock-up period.
As of 13/05/2021, the 0.08% trading fees on swaps within the fUSDT metapool go to the DAO treasury; this revenue will be used as determined via community governance.