Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral.
Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.
Nectar Price Analysis
As of May 9 2025 Nectar has a marketcap of $4.7M.
This is {{percentagefromath}} from its all time high of $1.035.
In terms of its tokenomics, there's a total supply of 4.7M with 100% currently outstanding.
Keep in mind Nectar has a fully diluted value of $4.7M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
