NIL Protocol

Stablecoin Yield

Users who are looking for a highly competitive return on their stablecoins can deposit on NIL as a Writer to earn yield that is non-correlated with stablecoin borrowing demand, does not express a directional view on token prices, and does not require them to hold anything besides stablecoins.
Similar to several popular decentralized option vault (DOV) products, NIL offers Writers a simple way to earn returns from volatility selling investment strategies.
For a more detailed overview of the Writer use case and user flows, please refer to Writers.