Wednesday, October 21, 2020

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Endowment: $21,119,236

What are the use cases for ndau?

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Staking Income & Inflation Protection

Holding ndau in the ndau wallet app allows for the earning of extra ndau through Ecosystem Alignment Incentives (EAI) and an additional bonus for locking ndau over a specified period of time. For example, you could be earning +13% ndau on 1-year locked account in your wallet. Inflation erodes the real value of savings held in local fiat. While holding non-local fiat currencies and inflation protected assets can help counteract to some extent, there are often limitations about which currencies can be purchased within a country and the amount that can be held. The borderless nature of ndau, and its ability to serve as a long-term store of value, can counteract the effects of inflation in a more effective way than digital assets or traditional inflation protected instruments.

Institutional & Retail Value Storage

ndau can be used to diversify both public and private long-term institutional holdings such as university endowments, employee pension funds and federal bank reserves. Systemic volatility dampeners and the ability to store value over time in a managed way may help to mitigate overall portfolio risk inherent in retirement accounts such as 401(k)s, IRAs as well as other long-term savings vehicles. Generally, ndau can also be thought of as a means of storing value over a long period of time.

Diversification & Risk Mitigation

Virtual currencies have become a category included within a fund’s holdings alongside traditional assets such as stocks and bonds. ndau’s design for low correlation to traditional markets and dampened volatility can be applied as an instrument to assist with portfolio diversification and risk mitigation. Unlike other virtual currencies that exhibit high degrees of price volatility, ndau’s buoyant attributes is well suited for a passive strategy within portfolios designed for long-term event horizons.

DeFi: Escrow & Collateral

Digital assets leveraging blockchain’s irreversible nature provide a simple and cost-effective means for holding funds in escrow. By leveraging ndau as the underlying collateral within a third party escrow service or smart contract, the intended purchasing power of the transaction can be preserved in a way that can’t be achieved with either freefloating cryptocurrencies or most stablecoins. With ndau, the buyer and seller can fulfill their obligations without worry regardless of the duration.

DeFi: Decentralized Apps (dApps)

ndau’s buoyant and dependable nature is fostering the development of new lending, financial and B2B dApps across a wide range of industries. Leveraging reference code, dApps can be built with the full capabilities of writing and executing smart contracts in Ethereum – while using ndau instead of ETH as the underlying collateral. The ease and familiarity of Solidity programming remains intact for rapid development and deployment.

Central Bank Digital Currencies (CBDCs)

ndau is scalable for retail transactions with near instant transaction finality. It is configurable to support customized monetary policy, staking
incentives and transaction fees, and it’s secure with multi
-sig authentication and transaction recourse. ndau is also ready for new interest bearing products with definable interest rates, interest compounding and accrual, account locking bonus and
staking.

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