Shapeshifters are live!

Shapeshifters is the first native cross-chain NFT minting on Ethereum.

Nereus is the first project to utilize deBridge’s new cross-chain framework for NFTs. With deBridge, users can natively burn and remint the same NFT on a different chain. This allows NFTs to be natively minted on the new chain negating the need for any wrapping. This approach also aligns well with Nereus’ cross-chain strategy to bringing NXUSD cross-chain.

Nereus Shapeshifters are a collection of 10,000 randomly generated NFTs. Each Shapeshifter is unique and rewards holders with exclusive benefits and voting rights on the Nereus Finance protocol. These rewards and benefits will be shared as we embark on the journey.

There are 66 traits amongst the Nereus Shapeshifters. While all Shapeshifters are treated equally on Nereus, some much scarcer than the rest. Will you find one of the ten Gods, each with its own unique power?

Mint site is live at: nft.nereus.finance

Check it out on OpenSea: https://opensea.io/collection/nereus-shapeshifters

As a reminder —

There are three phase of the mint:

• September 22nd at 12:00PM UTC: Premium Allow List
• September 23rd at 12:00PM UTC: Allow List
• September 24th at 12:00PM UTC: Public Mint

There’s still time to join the Allow list closes at 6:59AM UTC on September 23rd — https://www.premint.xyz/nereus/

About Nereus Finance

Nereus is a decentralised, non-custodial liquidity market protocol in which users can participate as depositors or borrowers. In addition, Nereus offers NXUSD an over-collateralized ERC-20 standard token on the Avalanche blockchain, pegged to USD. NXUSD uses multiple tokens (wBTC, wETH, Avax, Dai , sAvax, — with more coming soon) as collateral to mint NXUSD, and is over collateralized, meaning the circulating supply is pegged more than 1:1 to the collateral asset. This over-collateralization makes it more secure and ensures the price remains stable. Notably, Nereus offers 0% interest to protocol participants that borrow from the platform. NXUSD will be minted in smart contracts, and there’s an origination fee for borrowing as low as 0.5% with competitive loan-to-value (LTV) ratios.

About deBridge

deBridge is a secure interoperability layer for Web3, making it easy for developers to build scalable cross-chain apps with universal reach. With quick integration, rich developer tooling, and framework-agnostic design, deBridge is a highly scalable interoperability solution with the best developer experience, enabling:

• Cross-chain composability of smart contracts
• Cross-chain swaps between any assets
• Bridging of any arbitrary asset and message in one transaction
• Interoperability and bridging of NFTs