# Nested **Published by:** [defivoyager.eth](https://paragraph.com/@defivoyager-2/) **Published on:** 2023-06-25 **URL:** https://paragraph.com/@defivoyager-2/nested ## Content How it worksAfter creating a portfolio, the user will own a NestedNFT that represents up to twelve tokens in a single NFT, all backed by the underlying assets and their real market value. The portfolio can be modified by the owner and copied by other users. Every copy of a portfolio earns its creator royalties, which encourages traders to create successful portfolios that are profitable for others as well.TokenomicsNST is a token used by the Nested platform to incentivize decentralized governance and unlock features for users.Use CasesGovernance: NST stakers can change platform parameters and vote on proposals to improve Nested Protocol. Governance will be live at Rubik launch.Staking Rewards: Two types of rewards - $NST tokens from the ecosystem's reserve and a portion of protocol fees. Compliance approval is pending.Bribes: Users can bribe governance to feature portfolios on top of the explorer.VIP Tiers: $NST token stakers receive discounted platform fees.Premium Content: Users can unlock private portfolios by paying a monthly fee to their owners, similar to Onlyfans.Tips: Users can tip each other in $NST tokens.Staking Rewards The more $NST a user stakes and the longer they do it, the higher their rewards will be. $NST rewards will compound, but they will be held in escrow for a year after the user claims them. If a user wants to receive them immediately, they will be penalized with a 60% fee. These tokens will be added to the rewards of the next epoch. Protocol fees will be received in the native token of the chain where the user is staking the $NST tokens. They will be claimable at the end of each epoch.Fees distributionNested charges a 0.3% fee on each operation that does not reduce our TVL. This fee applies to the following functions:Creation of portfoliosCopying portfoliosUpdatesEditing allocationsSimple depositProportional depositBuy/Sell/Convert operationsNested charges a 0.8% fee on each operation that reduces our TVL. This fee applies to the following functions:Simple withdrawalProportional withdrawalFees are shared with Nested Finance Ltd. and the initial creator of the Nested portfolio. Once the DAO is live, its members will continually adjust this fee.Roadmap (most interesting)Generating passive income The underlying assets of each user’s portfolio will be invested in various DeFi platforms to generate yield. Simply holding a portfolio will generate passive income. Dollar-Cost Averaging (DCA) Users can purchase a specific token ****on a regular basis, regardless of the token price. This process will be implemented through Gelato. Borrowing money Users will be able to use their Nested portfolio as collateral to borrow money. Nested will interact with the most trusted borrowing platforms such as Aave and Compound.For higher rewards on the Airdrop:How to score the highest possible? The formula that computes your score for every event/snapshot looks at the following factors:1.The total value of all your portfolios.2.The total number of copies and their total value.3.The diversity of networks used to build your portfolios: Ethereum, BNB Chain, Optimism, Arbitrum, Avalanche, etc.4.The volume of activities – create, manage, copy, deposit, edit allocations, etc. – on Nested.So if you were active + used all networks + had a high number of copies, + a high total value of all portfolios over the whole competition/epoch – this means that you did well, and your reward should be HIGH. ## Publication Information - [defivoyager.eth](https://paragraph.com/@defivoyager-2/): Publication homepage - [All Posts](https://paragraph.com/@defivoyager-2/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@defivoyager-2): Subscribe to updates - [Twitter](https://twitter.com/icoswix): Follow on Twitter