Napier V2

Napier v2: A Modular Yield Tokenization

Napier v2 is licensed under GPLv3 which you can find github.com/napierfi/napier-v2. Once deployed, Napier will function in perpetuity, provided the existence of the Ethereum blockchain.

What does Napier v2 do?

Napier takes a different approach from existing yield tokenization platforms, with two key actors involved:

• Users: User accesses yield trading, fixing, and advanced yield management strategies through Napier and other DeFi protocols.

• Curators Curator issues and manages PT and YT through Napier and other DeFi protocols, creating diverse yield management strategies to create unparalleled use cases.

We provide a highly customizable technological foundation and economics to ensure that curators can meet the needs of all users:

• Yield Tokenization: Napier’s yield tokenization splits the yield-bearing tokens into two components: PT (Principal Token) and YT (Yield Token), without wrapping the underlying asset. This process is structured in a modular manner with customizable technology to accommodate various use cases, personas, integrations and business models, without permissions.

• Trading Systems: Trading Systems consist of AMM and AMM routers. The AMM currently uses Curve's Crypto-ng, while the AMM router uses a custom technology developed by Napier Labs to extend the functionality of existing AMMs and streamline the UX.

• NPR Token: NPR Token is the governance token of the Napier protocol and plays a crucial role in ensuring the sustainable scaling of the Napier ecosystem.

By combining these elements, curators can freely build on the foundation of Napier's technology in an economically rational manner without limits.

This enables the creation of a robust and sustainable ecosystem capable of handling the increasing workload and costs associated with various aspects such as risk, business, marketing, and others as the market and user base grow.