Purpose: Clarity on current state vs future (Day 1 vs Day 2)

The NUVA Token

The NUVA token serves as the economic backbone of the NUVA ecosystem—scalable, capital-efficient, community-owned financial infrastructure that offers an alternative to centralized exchanges and stablecoins. User incentives are tightly aligned, ensuring rapid ecosystem scaling and sustainable decentralization. We expect NUVA to be listed on leading crypto exchages in 2026. Highlights include: 

  • Real Revenue Sharing: Many DeFi protocols keep all the profit for themselves. NUVA is different in that it distributes all of its net revenue to staked NUVA token holders. Revenue sharing provides tangible yield—especially valuable when the user base is smaller—and incentivizes staking, which reduces float and strengthens token demand. NUVA splits net revenue between staking rewards and buybacks, balancing yield generation, price support, and ecosystem alignment.

  • Strong Governance: NUVA token holders control the platform's future, including new vault proposals, treasury management, collateral acceptance, reward/buyback ratios, fee adjustments, and more.

  • Dynamic Token Emissions: As the protocol grows, NUVA becomes increasingly scarce. The emission rate of NUVA points relative to total TVL decreases with new deposits, boosting its intrinsic value over time.

  • Community-Focused Distribution: The majority of NUVA tokens will be distributed to the community. Ecosystem incentives reward real users, issuers, liquidity providers, and others for facilitating the adoption and growth of the protocol's products.

6.1 NUVA Governance

The NUVA protocol is managed by the NUVA Foundation, a Cayman Islands exempted limited guarantee foundation company that serves as the cornerstone for long-term project development, governance, and treasury management. The Foundation operates with a robust governance structure designed for regulatory compliance and operational excellence. Its board of directors brings relevant industry expertise and oversees critical services.

The NUVA Foundation is following a carefully structured path toward progressive decentralization, aligned with community interests and regulatory expectations around safety, soundness, and accountability. This journey will be transparent, deliberate, and inclusive—designed to ensure stability during early stages while gradually expanding community governance as the network matures.

6.1.1 Current State

Phase 1

  1. Treasury deployment - how to allocate treasury funds for initiatives like user rewards, ecosystem grants or growth strategies.

  2. Non-binding vault parameters - sets which vaults to receive token emissions/points, community signal for new vault integrations, vault themes (RWA, private-credit, stable yield products) etc.

Phase 2

  1. Electing members to Risk Oversight Committee - votes to appoint trusted members responsible for overseeing risk management.

  2. Fee structure - community decides the structure and rates of platform fees to ensure sustainability and competitiveness.

  3. Value distribution model - vote to determine how revenue is shared with users or buy-back mechanisms are facilitated.

Governance Rights

  • Voting Power: Ability to vote on proposals concerning ecosystem grants and adjustments to specific tunable parameters.

  • Voting Mechanics:

  • Transparency: Transparent access to real-time dashboards containing:

Proposal System

  • Proposals:  During the early stages, NUVA and its strategic development partner(s), also referred to as the “core team”, will kickstart the DAO by submitting formal proposals to set up the framework of the DAO during the early stages.

  • Voting: All active staked NUVA token holders can vote on active proposals during the voting period.

  • Execution:  Approved proposals are implemented by the core team according to published timelines, with execution verifiable on-chain where feasible.

Activities

Community

NUVA Protocol

NUVA Foundation

Protocol Parameters

Proposal vote

Hosts rules & execution mechanisms

Updates rules in alignment with outcome of approved proposal

Grants Approval

Proposal vote

Hosts grant application & application status

Manages keys and ensures distribution of grant funds in alignment with approved proposal

Incentives & Rewards

Proposal vote

Hosts rules & execution mechanics

Updates rules in alignment with outcome of approved proposal

Risk & Security Management

Proposal vote

N/A

Identifies contractor, provides direction, verifies work completion, and issues payment

New Features & Expansion

Proposal vote

N/A

Identifies contractor, provides direction, verifies work completion, and issues payment

Developer Docs

Contribute & proposal vote

Hosts developer docs

N/A

Treasury & Community Fund Management

Proposal vote

Host treasury stats

Modifies treasury management in alignment with approved proposal

Administrative and Maintenance

N/A

N/A

Identifies and maintains contractors, provides direction, verifies work completion, and issues payment (See Appendix)

Community Updates

N/A

Host communications

Arranges & leads community updates

Token Economics

The NUVA token is designed as a self-reinforcing economic flywheel. A vote escrow mechanism anchored by staking NUVA into veNUVA, unlocks governance rights, boosted yields, and a direct share of net protocol revenue. As TVL scales, NUVA becomes progressively scarcer as revenue share and buybacks increase, while emissions decay relative to deposits.

Beyond this core loop, several reinforcing mechanisms strengthen demand; access vault structured products gated by NUVA; an on-chain credit score progression; liquidity gauges that allow veNUVA holders to steer incentives toward preferred vaults, creating a market for governance power; and cross-chain expansion that makes NUVA the coordination asset for RWA yield across ecosystems.

Additional ecosystem incentives funded by the Treasury shall distribute rewards based on seasonal campaigns anchored by the Onchain Credit Score. Working in parallel, a metagame around the NUVA token combines real yield, governance influence, scarcity, and access utility ensuring the token’s value compounds in lockstep with protocol growth.

Fixed Supply

  • Total Supply: 1 billion NUVA tokens

  • Denomination: 6 decimal micro-units

Value Accrual Mechanisms

  • Demand Drivers:

  • Supply Management:

Encouraged Behaviors

Phase 1 (Pre-TGE)

  • Bootstrap early TVL commitments with community token bonus incentives

  • Early participants accrue points reflected on their “On-chain Credit Score” tier based on multiple factors including committed amount and duration

  • Referrals of qualified new users

  • Social engagement

Phase 2 (Post-TGE)

  • Staking NUVA tokens

  • Boosting yield for certain vaults on NUVA, with NUVA tokens incentives

  • Using NUVA tokens to pay for platform fees. Users receive fee discounts

  • Holding tokens over a length of time

  • Providing liquidity on DEXes / DeFi Protocols

  • Participating in governance whilst accruing towards “On-chain Credit Score”

  • Referrals of qualified new users

  • Social engagement

Staking Tiers

The NUVA token features a multi-tiered token staking system, designed to reward long-term commitment.  “Vote escrowed” NUVA or “veNUVA”, is the staked version of the NUVA token. When users stake NUVA, they receive veNUVA, which entitles them to a portion of the protocol fees, voting rights, and premium services. Over time, veNUVA accrues value through NUVA rewards. The number of veNUVA remains the same while its value increases. Instead of distributing rewards to each staker (which is gas-intensive), NUVA will simply increase the amount of NUVA backing each veNUVA. veNUVA also provides a mechanism for the interoperability of the tokens (whereas the underline NUVA doesn't need to be) and ensures that users can continue to participate in DeFi activities without losing their status.

Reward System

  • Leveling Up: Achieve level-up by completing a mix of activities including:

  • Rewards: A share of AUM fees and premium service fees from NUVA distributed proportionally based on metrics such as amount staked and duration staked.

  • Premium Service Access: Access to specific premium fee-based services as they become available.

  • Governance Weight: Voting weight is determined by a function of staked amount and duration.

  • Transparency: Live dashboard tracking reward accrual, eligibility / staking tier.

Distribution of Rewards

The distribution of rewards to veNUVA holders does not follow a fixed schedule. This approach is intentional to prevent predictability and gaming of the system. By making the distribution events random, it ensures a fairer and more secure process for all participants. This strategy helps maintain the integrity of the reward system within the NUVA ecosystem.

Initial Token Distribution

A balanced initial token distribution spreads ownership across a diverse group of stakeholders including communities, contributors, investors, and treasuries. It reduces the risk of monopolization by insiders and fosters genuine decentralization that aligns incentives for long-term sustainability and growth.

Allocation Structure

The initial total token supply is distributed across the following categories

Category

Allocation

Vesting Period

Community

• Incentives

• Servicers

• Stakers

50%

30% unlocked at TGE followed by 3 years of linear monthly vesting

Core Contributors  • NU Digital

15%

2 year linear monthly vesting with a 1 year cliff

Investors • Early financial supporters

13%

2 year linear monthly vesting with a 1 year cliff

Liquidity • market makers and other liquidity pools across CEXs and DEXs

10%

Fully unlocked at TGE

Foundation / Treasury

• Grants

• Future rewards

12%

25% unlocked at TGE followed by 3 years of linear monthly vesting

Key Revenue Streams

As the NUVA Marketplace grows, the protocol will generate real revenue and share an increasing portion with $NUVA token holders. This cash flow funds long-term network security through real yield rather than inflation, ensuring the ecosystem's viability and stability. Revenue streams vary depending on the asset issuer and vault structure but can include:

Revenue Stream

Description

Management /  Vault Fees

Annual fees on AUM in vaults, charged to investors or originators.

Deposit/ Withdrawal Fees

Minimal or zero-fee structure for deposits. Withdrawal minimum to reduce churn.  Higher fees for premium features like accelerated redemptions.

Integration and Partnership Fees

Revenue from on-ramping RWAs via partners; includes tokenization services and distribution.

Origination Fees

Fees charged to asset originators for tokenizing RWAs into NFTs for financing pools.

Performance Fees

Revenue from excess returns from structured products or opportunistic high-yield strategies.

NUVA Points

What are NUVA Points?

  • Definition: Core engagement and reward metric

  • How they represent contribution, activity, participation

  • Connection to future token allocations

How to Earn (5 Faucets)

Faucet 1: Vaulted Points

Faucet 2: DEX Points

Faucet 3: DeFi Protocol Points [coming soon[

Faucet 4: Referral Points

Faucet 5: Social Engagement Points

Point Multipliers & Boost Mechanics

  • Lock duration multipliers

  • Vault type weightings

  • Seasonal adjustments

  • How multipliers compound

Season Structure & Reset Timing

  • What is a "season"?

  • Season duration

  • Points reset mechanism

  • Announcement of new seasons

What NUVA Points Lead To

  • Token airdrop eligibility

  • Governance participation rights

  • Future utility (on-chain credit score)

  • Access to future vaults (post-launch)

  • Borrowing limits (future feature)

  • Reward tier levels