cult.today
Open in
urlscan Pro
104.198.112.236
Public Scan
Submitted URL: https://cult.today/nereus-finance-act
Effective URL: https://cult.today/nereus-finance-activates-community-liquidators-enhancing-defi-ecosystem-and-empowering-users/
Submission: On June 06 via api from FI — Scanned from JP
Effective URL: https://cult.today/nereus-finance-activates-community-liquidators-enhancing-defi-ecosystem-and-empowering-users/
Submission: On June 06 via api from FI — Scanned from JP
Form analysis
3 forms found in the DOMGET https://cult.today/
<form method="get" class="td-search-form" action="https://cult.today/">
<!-- close button -->
<div class="td-search-close">
<a href="#"><i class="td-icon-close-mobile"></i></a>
</div>
<div role="search" class="td-search-input">
<span>Search</span>
<input id="td-header-search-mob" type="text" value="" name="s" autocomplete="off">
</div>
</form>
GET https://cult.today/
<form method="get" class="td-search-form" action="https://cult.today/">
<div role="search" class="td-head-form-search-wrap">
<input id="td-header-search" type="text" value="" name="s" autocomplete="off"><input class="wpb_button wpb_btn-inverse btn" type="submit" id="td-header-search-top" value="Search">
</div>
</form>
POST https://cult.today/wp-comments-post.php?wpe-comment-post=culttoday
<form action="https://cult.today/wp-comments-post.php?wpe-comment-post=culttoday" method="post" id="commentform" class="comment-form" novalidate="">
<div class="clearfix"></div>
<div class="comment-form-input-wrap td-form-comment">
<textarea placeholder="Comment:" id="comment" name="comment" cols="45" rows="8" aria-required="true"></textarea>
<div class="td-warning-comment">Please enter your comment!</div>
</div>
<div class="comment-form-input-wrap td-form-author">
<input class="" id="author" name="author" placeholder="Name:*" type="text" value="" size="30" aria-required="true">
<div class="td-warning-author">Please enter your name here</div>
</div>
<div class="comment-form-input-wrap td-form-email">
<input class="" id="email" name="email" placeholder="Email:*" type="text" value="" size="30" aria-required="true">
<div class="td-warning-email-error">You have entered an incorrect email address!</div>
<div class="td-warning-email">Please enter your email address here</div>
</div>
<div class="comment-form-input-wrap td-form-url">
<input class="" id="url" name="url" placeholder="Website:" type="text" value="" size="30">
</div>
<p class="comment-form-cookies-consent"><input id="wp-comment-cookies-consent" name="wp-comment-cookies-consent" type="checkbox" value="yes"><label for="wp-comment-cookies-consent">Save my name, email, and website in this browser for the next time
I comment.</label></p>
<p class="form-submit"><input name="submit" type="submit" id="submit" class="submit" value="Post Comment"> <input type="hidden" name="comment_post_ID" value="3358" id="comment_post_ID">
<input type="hidden" name="comment_parent" id="comment_parent" value="0">
</p>
<p style="display: none;"><input type="hidden" id="akismet_comment_nonce" name="akismet_comment_nonce" value="1acfe79cae"></p>
<p style="display: none !important;"><label>Δ<textarea name="ak_hp_textarea" cols="45" rows="8" maxlength="100"></textarea></label><input type="hidden" id="ak_js_1" name="ak_js" value="1686077999618">
<script>
document.getElementById("ak_js_1").setAttribute("value", (new Date()).getTime());
</script>
</p>
</form>
Text Content
* Home * Macro * News * Banks * Bitcoin * Events * Xchange News * Real Estate * Books * Projects * Opinion * More * Asia Pacific * North America * Real Estate * China Search * Shop * Contact Us * Disclaimer CULT Today * Home * Macro * News * AllBanksBitcoinEventsXchange News ELECTRIC DREAMS: THE LIGHTNING NETWORK’S CHARGE THROUGH CRYPTOCURRENCY BIT-BIT-BOOM! SOLOWAY FLAGS ‘BITTERSWEET’ FUTURE FOR BITCOIN AMID INFLATION JITTERS FROM MEMECOINS TO MINEFIELDS: BRC-20 TOKENS STIRRING UP THE BITCOIN MINING… THE GREAT ORDINALS SKIRMISH: DIGITAL GOLD RUSH OR TECHNOLOGICAL TROJAN HORSE? * Real Estate * Books * Projects * JUST DIGITIZE IT: NIKE’S VIRTUAL COUTURE MEETS EA SPORTS’ GAMING GALAXIES SEC SHOWDOWN: BINANCE, ITS BOLD BOSS, AND THE FIGHT FOR THE… ELECTRIC DREAMS: THE LIGHTNING NETWORK’S CHARGE THROUGH CRYPTOCURRENCY DANCING THE GASOLINE TANGO: A NIMBLE TWO-STEP TO ENERGY INDEPENDENCE IN… THE AUDACIOUS ODYSSEY OF NEURALINK: DECODING OBESITY, CONJURING TELEPATHY, AND EVERYTHING… * Opinion * AUSTRALIA’S RENTAL CRISIS: A TIPPING POINT AMID A PERFECT STORM OF… PORTER DAVIS HOMES COLLAPSE STIRS UNEASE IN AUSTRALIAN HOUSING INDUSTRY AUSTRALIAN JOB MARKET REVEALS MIXED SIGNALS AS VACANCIES DECLINE BUT DEMAND… AUSTRALIA’S INFLATION DIPS AS DEBATES ON ECONOMIC POLICY AND INTEREST RATES… AUSTRALIA’S RENTAL CRISIS INTENSIFIES AMID UNPRECEDENTED POPULATION SURGE * More * Asia Pacific * North America * Real Estate * China Home Projects Nereus Finance Activates Community Liquidators, Enhancing DeFi Ecosystem and Empowering Users * Projects * Top Story NEREUS FINANCE ACTIVATES COMMUNITY LIQUIDATORS, ENHANCING DEFI ECOSYSTEM AND EMPOWERING USERS By nftgirlirene - April 6, 2023 86 0 Facebook Twitter Pinterest WhatsApp MARIA IRENE Nereus Finance, a prominent DeFi platform, has recently taken an innovative step by activating community liquidators to handle necessary liquidations. The platform intends to update new addresses on a monthly basis and invites individuals interested in becoming a liquidator to reach out. To understand the significance of community liquidators in a DeFi setup, it’s crucial to grasp the fundamental workings of DeFi platforms. In a decentralized finance ecosystem, users can lend, borrow, stake, and trade digital assets without the need for traditional intermediaries like banks. DeFi platforms often rely on smart contracts to automate various aspects of the system, such as interest rate adjustments and collateral management. Liquidations are a vital aspect of the DeFi ecosystem, ensuring the system’s stability and solvency. When a borrower’s collateral falls below a predefined threshold, the loan becomes under-collateralized, posing a risk to the platform. In such cases, liquidations occur to protect the platform and its users. Community liquidators play a crucial role in this process. They are users who actively monitor the platform for under-collateralized loans and initiate liquidations when necessary. In return for their service, community liquidators typically receive a percentage of the liquidated assets as a reward. By activating community liquidators, Nereus Finance is effectively distributing this responsibility among its user base, enhancing the platform’s overall efficiency and stability. This move aligns with Nereus Finance’s reputation for offering best-in-class rewards for lending and borrowing. The platform is known for generously rewarding early adopters in all aspects, including lending, borrowing, locking, staking, and liquidity provider (LP) tokens. This latest development further underscores the platform’s commitment to user empowerment and the continued growth of the DeFi space. With the activation of community liquidators and an increased focus on LP tokens in the NXUSD-3CRV pool, Nereus Finance is set to reward its users substantially. A total of 975 million $WXT tokens will be distributed throughout the first three phases. As the platform enters its fourth development phase, users can anticipate even more changes and improvements, reinforcing Nereus Finance’s position as a leader in the DeFi industry. In conclusion, the activation of community liquidators by Nereus Finance is a significant step toward enhancing the DeFi ecosystem and empowering users. By involving community members in the liquidation process, the platform fosters a more efficient and stable environment for all. As Nereus Finance continues to innovate and expand, users can expect a stronger and more dynamic DeFi experience. Facebook Twitter Pinterest WhatsApp Previous articleDefying the Market’s Rigged Game: Practical Guide to Weather the Storm Next articleRecord High Debt-to-Income Ratios Signal Looming Crisis nftgirlirene RELATED ARTICLESMORE FROM AUTHOR JUST DIGITIZE IT: NIKE’S VIRTUAL COUTURE MEETS EA SPORTS’ GAMING GALAXIES SEC SHOWDOWN: BINANCE, ITS BOLD BOSS, AND THE FIGHT FOR THE FUTURE OF FINANCE ELECTRIC DREAMS: THE LIGHTNING NETWORK’S CHARGE THROUGH CRYPTOCURRENCY LEAVE A REPLY CANCEL REPLY Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment. Δ Welcome to CULT - your home for Crypto Urban Libertarian Thought. Our community is dedicated to exploring the latest trends in bitcoin, crypto, defi, banks, economics, geopolitics, and emerging technology. We believe that the world of crypto and emerging technologies is more than just a hobby or an investment opportunity - it's a way of life. By calling ourselves CULT, we're embracing the unconventional and pushing the boundaries of what's possible. Our daily reports, videos, and tweets are curated, edited, written, and produced by Maria Irene, who provides valuable insights and analysis on the latest industry trends. Disclaimer Please note that the information provided on CULT.Today is not intended to be investment advice, financial advice, or trading advice. Cryptocurrencies are known for their high volatility and may lose their value at any time. Therefore, we do not recommend that you buy, sell, or hold any cryptocurrency. Before making any investment decisions, it is essential to conduct your own due diligence and consult your financial advisor. Additionally, it's important to understand that investing in NFTs and cryptocurrencies is highly speculative and carries a high level of risk that may not be suitable for all investors. By accessing and using CULT.Today, you acknowledge that you are aware of these risks and that you are solely responsible for your investment decisions. Contact us: irene@cult.today * Contact © © Copyright 20 - 21 Designed by AI Pro Edit with Live CSS Save Write CSS OR LESS and hit save. CTRL + SPACE for auto-complete.