Nektar Network: Multi-layer restaking technology revolutionizes the Ethereum ecosystem

Preface

Nektar Network Token (NET) is an innovative liquidity and infrastructure marketplace that aggregates liquidity through decentralized asset managers (DAM) to enhance asset management efficiency. With the rise of DeFi, Nektar is committed to meeting diverse infrastructure needs and enhancing capital efficiency and potential returns.

What is Nektar Network?

Nektar Network is built on the Ethereum mainnet, a multi-layer restaking network based on Distributed Validator Technology (DVT) originating from the Diva protocol. It extends Diva’s liquidity staking feature, optimizes Ethereum’s security architecture, and provides diverse DeFi solutions.

Team members and financing background

In 2023, Nektar Network, formerly known as the Diva protocol, raised a $3.5 million seed round of financing, led by A&T Capital with participation from Gnosis, Bankless, OKX Ventures, and other institutions. The investment is bullish on the potential of the Ethereum staking market and the technological advantages of DVT.

Mechanism of operation

• Decentralized Asset Manager (DAM): Users can manage assets in a decentralized manner, and operators can improve capital efficiency and earn profits through DAM.
• Asset deposit and profit: Depositors deposit tokens, adjust strategies flexibly, and managers ensure platform stability and security.

architecture composition

1. Stinger Client: A P2P verification network based on DVT, ensuring data integrity and network stability.
2. Diva stake protocol: connecting users with Ethereum validation nodes to lower the participation threshold.
3. Re-staking Protocol: Allows users to re-stake LST or ETH, delegate to nodes or AVS, and earn additional rewards.
4. Market side: Provide a collaboration platform for protocols and applications, support rapid business construction, and reduce security costs.

Token Allocation

NET token total supply is 1 billion, distributed according to a linear cash-out plan, with 36.05% reserved for the protocol to incentivize ecosystem participants.

Risk Warning

Since December 2024, the project has not updated its social media, investors need to pay attention to potential risks.

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Conclusion

Nektar Network focuses on multi-layer staking and DVT technology, optimizing Ethereum’s security and decentralization. Although it requires more partners to expand the ecosystem, with its technical advantages, it is expected to carve out a place in the staking field.