Highlights
- Over 76.24M $NXRA staked on Fundrs, 8.97% of total supply
- Fundrs Tiers are now recognized across all networks
- Locked Staking is now integrated with Fundrs Tiers
We are delighted to share some key product announcements for Nexera Fundrs today! We know the community has been looking forward to seeing what’s next for Nexera’s fundraising platform, and in this article, we’re rounding up some features that will be live soon.
Fundrs has been at the heart of huge milestones in the Nexera ecosystem in recent months. Over US$3M has been raised on the platform, driven largely by the success of the most recent Seekers — Nuklai, Arkefi and Brainstems.
Funders and $NXRA stakers have taken advantage of access to the platforms’ Seeker fundraising rounds, seeing up to 38× returns on tokens launched on the platform. Over 76.24M $NXRA has been staked (8.97% of supply), with 472.85M rALBT minted to 7,859 holders. In addition to exclusive opportunities accessed with rALBT, Funders also receive special bonuses, such as the additional $PEAQ airdrop for users who participated in the $KREST round.
Fundrs has also been instrumental in highlighting the value our ecosystem brings to startups building with Nexera technologies and launching on the platform. Galileo Protocol, one of the early Fundrs Seekers, is slated to pitch at the upcoming Plug and Play Summer Summit in California, presenting to a vast network of industry leaders such as Visa, Amazon, BNP Paribas, and more. Brainstems, our latest Seeker, has announced partnerships with builders within the Nexera network, leveraging Nexera-powered technologies to build their network of secure, decentralized and scalable AI.
The success of Fundrs, with the growth of our Funder community and upcoming Seeker launches in the pipeline, is a testament to the ecosystem value Nexera is continuously cultivating.
Building on this and to pave the way for more opportunities on the platform, we are introducing key feature updates to Fundrs: tier-level support across all networks and tiers for locked stakers.
Tier-Level Support Across Networks
Thanks to feedback from our #NoMercy community, we are introducing important updates to the Fundrs Tiers. These enhancements make it easier for users to stake $NXRA, stake for longer, and participate in opportunities on the platform.
Fundrs Tiers will now be recognized across all supported networks. This means users can see their Tier on the platform regardless of the network they staked their $NXRA.
It is now much easier to participate in different opportunities and events launched across the Ethereum, Avalanche, Polygon and Arbitrum networks on the platform. For both fundraising launches and the upcoming burn & earn events, users will still need to bridge their rALBT tokens to participate.
The Tier system will be further simplified in future updates, considering the total $NXRA staked in regular and locked staking. Regardless of how much $NXRA is staked in regular or locked staking, the Tier level will be determined by the total amount of $NXRA staked. This requires significant work but aligns with our goal to make it easier to stake $NXRA and participate in opportunities on Fundrs.
Tiers for Locked Staking
Locked staking was introduced as a convenient way for users to earn rALBT upfront by locking $NXRA for 90, 180 or 360 days. This allowed users to participate in upcoming opportunities for Fundrs and earn the necessary amount of rALBT immediately.
Locked stakers earn the same amount of rALBT as if they had staked for a selected time period, calculated using the multipliers as specified in Fundrs Tiers, such as 0.625 for those staking between 20k and 50k $NXRA at the Silver Tier or 0.75 for those staking between 50k and 250k $NXRA at the Gold Tier. But while users earn rALBT based on a multiplier based on Fundrs Tiers, the platform does not recognize the Fundrs Tier level for locked stakers.
Locked Staking will be integrated into the Fundrs Tier system in the upcoming update. Users who lock their tokens will now see their appropriate tier level in the platform, depending on how much $NXRA they have locked. Their tier level will also be reflected on all networks that the platform supports.
Note that Tier levels for regular staking and locked staking are separate. For users who have staked in both regular and locked staking, their final tier will be the higher level between the two.
Let’s look at some examples:
- John has staked 220,000 $NXRA through regular staking, earning them a Gold Tier for regular staking. He also locked 30,000 $NXRA, earning them a Silver Tier for locked staking. The platform will recognize his Gold Tier, which will be reflected on his profile.
- Lillie has staked 50,000 $NXRA through regular staking, earning a Silver Tier. She also locked 250,000 $NXRA, earning her a Platinum Tier. Her final tier will be Platinum, which will be reflected on her profile.
- Kate has locked 18,500 $NXRA for 90 days, earning her a Bronze Tier, which will be reflected on her profile. This is an improvement from before, where while she could get the right amount of rALBT, her Fundrs Tier wouldn’t show in the platform.
Looking Ahead
The Fundrs Tiers and Locked Staking updates will be live on the platform shortly after some internal testing. Users with active locked staking will soon see their Tier level reflected on the platform.
There is also an upcoming article on the much-anticipated Burn & Earn events in Fundrs. These events are exclusive opportunities for $NXRA stakers and will allow users to commit and burn their rALBT in exchange for receiving tokens from previous Seeker launches on the platform.
These updates, feature implementations, and the work we’re continuously doing behind the scenes lay the foundation for more exciting opportunities and exclusive future features on the Fundrs platform.
Nexera’s goal for Fundrs is to be at the center of everything for token holders and startups, bringing both worlds together and unlocking $NXRA’s utility, technology and opportunities to further our vision of a participatory economy based on reputation.
We can’t wait to share more about Fundrs’s upcoming plans, and we thank our #NoMercy community for their feedback and support as we build the future of finance!
About Nexera
Nexera is empowering the future of finance with cutting-edge open-source innovation. Nexera infrastructure seamlessly incorporates blockchain technology, facilitating on-chain and off-chain operations for simplified digital, financial, and real-world asset management.
Nexera is focused on nurturing the broader ecosystem and DAO and enhancing the utility of the $NXRA token. It is committed to promoting community growth and driving innovation in the digital asset space, including the growth and development of current and future key ecosystem partners.
Learn about Nexera by following them on X, joining the Telegram Community, or visiting their website.
