FAQ
Last updated
Last updated
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NashPoint is an innovative onchain banking system that bridges traditional finance with decentralized finance (DeFi). It allows credit managers to create and manage interest accounts that can allocate capital across various DeFi and Real World Asset (RWA) opportunities.
NashPoint operates through a network of nodes, each representing a depository interest account. Users can deposit funds into these nodes, and credit managers allocate these funds across different assets. The system uses smart contracts to manage deposits, withdrawals, and asset allocations.
While NashPoint employs smart contracts, it's important to note that our smart contracts have been thoroughly audited. The reports are viewable in our Audit section. You can read more about this in the [Security Section]. As with any DeFi project, users should exercise caution and only invest what they can afford to lose.
NashPoint nodes can invest in various assets, including DeFi protocols, Real World Assets (RWAs), yield-generating strategies, and stablecoins. The specific assets held will depend on the strategy of each node's operator.
Withdrawals in NashPoint follow the ERC-7540 standard for asynchronous withdrawals. You must submit a withdrawal request, which will be processed based on the node's liquidity and the asset manager's strategy.
Swing pricing is a mechanism that adjusts the price of shares during deposits and withdrawals based on the node's current liquidity. It's designed to protect long-term investors by discouraging large, sudden withdrawals and incentivizing deposits when liquidity is low.
You can create a node using the NodeFactory contract. You'll need to specify parameters such as the deposit asset, node name and symbol, rebalancer address, and various settings related to swing pricing and asset allocation.
The rebalancer component executes asset management functions on demand, including investing in assets and processing withdrawals. When creating your node, you set the rebalancer address, and you can update it later if needed. The rebalancer can be a professional market maker, a publicly callable smart, contract or a privately run off-chain service. Node managers can add as many rebalancers as they want.
You can add and manage your node's assets (called components) using functions like `addComponent()`. You'll need to specify target allocation ratios for each component. The rebalancer can then use functions like `investInSyncVault()` and `investInAsyncVault()` to allocate funds.
Synchronous assets (following ERC-4626) allow for immediate deposits and withdrawals. Asynchronous assets (following ERC-7540) have a delay in processing deposits and withdrawals, typically used for less liquid investments.
NashPoint is designed to operate on Ethereum-compatible networks. The current focus is on deployment to the Arbitrum network.
NashPoint implements ERC-4626 for deposits and synchronous asset management and ERC-7540 for asynchronous asset management and withdrawals.
Yes, NashPoint's smart contracts are open-source on our GitHub.
NashPoint does not currently have a native token.
