THE BOARDROOM IS NOW LIVE · PLAY.NETNET.CAPITAL
NetNet Capital Management
SHAREHOLDER SERVICES TERMINAL · EST. 1999 · MEMBER, ON-CHAIN RESERVE ASSOCIATION
NET price
502.94 USDG
Backed by 148.84 USDG per NET
Distribution rate
0.450% / 8h
At the formula maximum
Next distribution
04:47:49
Epoch 169
NET
You earn
+0.00 NET / day

Unstake 1:1 at any time, no lockup. Manage your stake in Portfolio.

How the rate is set, and why it can fall

The distribution rate is computed on-chain from the market premium over backing: R_MAX × clamp((P − 1)/(K − 1), 0, 1), with R_MAX at 0.45% per 8-hour epoch and K = 1.75. When the premium narrows, the rate falls, and it throttles to zero before any NET could become backed by less than 1 USDG. Nobody can override it in either direction.

All metrics
Reserve portfolio (RFV)
11,915,879 USDG
Liquid USDG, the Morpho position after its haircut, and protocol-owned liquidity.
Supply
80,057 NET
Shares outstanding, including staked and vesting NET.
Backing per NET
148.84 USDG
Reserve value standing behind each NET. The floor is 1 USDG.
Premium
3.38×
Market price over backing per NET. The distribution rate follows it.
Trading levy split
0.00% / 5.00%
Team / reserve shares of the 5% levy. The team share decays to zero.
Distribution index
2.97
Cumulative growth of one staked NET since inception.
Staked share
89.9%
Share of supply currently staked.
Annualized rate
13,551.66%
The 8-hour rate compounded over a year. An upper bound: the rate re-throttles every epoch, so this figure will not hold.
NOT CONNECTEDLIVE FEEDROBINHOOD CHAIN · 4663EPOCH 16919:45:42