I’m an observer at @SuiNetwork & @nemoprotocol. Managing Executive, Nemo Foundation | Overseeing operations for $NEOM. AMA on $SUI & $NEOM
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Joined April 2022
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Hi @SuiNetwork builders, I’m @NemoEugene from @Nemoprotocol.
We’re on the lookout for exciting DeFi projects on @SuiNetwork!
Investment Offer:
We can invest at least $100k in projects with a valuation of no more than $25M. Just prepare a funding plan and leave a comment here. I’ll reach out via DM.
Project Requirements:
- Have a fresh narrative and a clear product market fit for @SuiNetwork.
- Aim to achieve a total locked value (TVL) of over $20M on @SuiNetwork (refer to @DefiLlama @sentioxyz).
Our Support:
Not only will we provide financial backing, but @nemoprotocol and #Nemo ecosystem projects will also collaborate with you. We’ll assist in community building and drive your project’s TVL growth. Additionally, we’ll support you with incentives from the #Nemo Foundation and other partner foundations.
Note: This opportunity is for projects planning a #TGE on @SuiNetwork.
Nemo is cautiously evaluating adding a curator function—an upgrade and expansion of the original Nemo Vault version—while conducting business based on mature smart-contract protocols.
We've wrapped up the product design and MVP validation for Nemo V2, and we're now polishing the finer details. Moving forward, it will be built in the open on @SuiNetwork . Once the first version drops, we will go fully open-source so everyone can follow our progress. #NEMO $NOEM
🚀 A new paradigm for yield & principal trading is here.
We’re combining Nemo v2 + @DeepBookonSui :
Mint fresh PT/YT from any yield‑bearing token via Nemo Protocol.
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Nemo V2 — Object-Native Yield Trading on @SuiNetwork
Preview version of the whitepaper is now available.
📖 Read the full preview:
nemoprotocol-1.gitbook.io/ne…
Follow us: @nemoprotocol
TVL is not limited to value locked in pools; value locked in objects counts as TVL as well. Nemo v2 is coming soon on @SuiNetwork !
Powered by Sui’s native object-oriented architecture, we are replacing shared public pools with a split escrow model to redefine the underlying value storage layer.
A research report focusing on $DEEP is upcoming for publication. @DeepBookonSui
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We are currently cautiously monitoring the impact of AI on DeFi and blockchain, waiting for AI to provide breakthrough assistance in security, and then restoring the Nemo trading market based on AI-enabled security. The main obstacle at present is the excessively high cost of manual auditing. @nemoprotocol
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As AI enhances coding capabilities, standardization, security, and risk control, we will likely choose to conduct AI audits before going live. Please be mindful of risk management. @nemoprotocol
Currently, restoring the trading market requires 1. formal verification, 2. obtaining a final audit report from a secondary security firm, 3. deploying contracts managed by the foundation, 4. conducting contract deployment testing and verification, 5. deploying formal contracts for Hypernative monitoring, and 6. launching related security competitions. @nemoprotocol
Currently, we need at least $300,000 in funding, which is being raised self-funded. We do not rule out the possibility of supplementing the overall amount by incubating new products.
Later I’ll reveal the key reason I’ll never be completely out of touch. I may be down, but I’m not gone.
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We are about to announce the roadmap for the resumption of the trading market.
Learning from past lessons and industry experience, we will hereafter focus on core development with risk control and secure operation as our central priorities.
The hypernative integration has been completed, and we are currently in the process of obtaining the final review report from @AsymptoticTech.
The team is integrating Hypernative into @nemoprotocol and updating related risk management. Once everything is ready, it will be restarted.
discord.gg/AbM9MQMj
I'm a @SuiNetwork and @nemoprotocol researcher. As Chairman of the Nemo Foundation, I lead the Nemo Foundation to manage and serve $NEOM. AMA about $SUI $NEOM.
discord.gg/nemoprotocol
Our expectations remain unchanged; we are mainly waiting for @AsymptoticTech's audit report about Pr61(Residual value claim proposal).
Everything is in progress: the auditing of residual value withdrawal contracts, the launch of new trading markets, and the introduction of new assets. The reason for repeatedly mentioning residual value withdrawal is the importance of ensuring the safe delivery of everyone's money. The reason for discussing new markets and new assets is that the value of Neom and the future value of Nemo depend on these.