Nereus Protocol Updates — WXT Market and WXT Incentive Reallocation
Published in
May 25, 2022
WXT Market
Within the next 24 hours, the Nereus Team will add WXT on Nereus Liquidity Markets.
WXT will be added only as a deposit asset and will not be borrowable or used as collateral at this time.
WXT Incentive Reallocation
With the addition of WXT, the WXT Incentive Reward allocation will be updated to incentivize deposit of WXT.
Given reduced utilization of the early-claim feature of WXT rewards the Nereus Team believes it is important to allocate some reward emissions toward liquid WXT as the team develops an updated locking mechanism. The team will release more details about the updated locking mechanism in the next few weeks.
Other assets will have reduction in allocation points as indicated below.
