Nektar - Decentralized Infrastructure Marketplace

The maturity of distributed networks like Ethereum and its ecosystem has enabled the effective implementation of a Modular Economy. To properly scale technological capabilities, multiple network systems have been developed, giving rise to the Decentralized Concentration Economy (DCE).

What is Nektar?

Nektar is a Decentralized Infrastructure Marketplace that seamlessly aggregates liquidity by connecting Delegators to Networks through Distributed Asset Managers (DAM). DAMs also enable Operators to manage infrastructure operation for the benefit of Networks.

This implementation offers maximum flexibility when interacting with Nektar, with minimal requirements and concessions from participants. It can be utilized by Operators, Restaking protocols, Liquid Restaking protocols, Networks at large, AVSs, and nearly any participant within the modular decentralized economy, without the need to relegate their tokens or alter their incentive mechanics.

Asset Delegation

Token holders can delegate assets to DAMs to ensure those assets are used in the most productive way, which is why token holders are referred to as Delegators.

Anyone can set up a DAM, from liquid restaking protocols and risk managers to syndicates, operators, or existing networks. The creator of the DAM can define key parameters, such as the lock-up period for assets, fees to be collected, and, most importantly, the intended use of the deposited tokens. In Nektar, using tokens as collateral is an option, not a requirement.

This architecture allows Networks to establish their own parameters and implement their own reward schemes, whether by onboarding new Operators or leveraging their existing operator network to benefit from the network effect through the creation of a DAM.

Benefits

Nektar aims to match infrastructure and liquidity needs:

• Networks incentivize liquidity, attract new operators, boost loyalty of existing ones
• Delegators increase potential rewards from their assets by depositing a wide array of tokens
• Operators maximize capital efficiency of existing infrastructure by accessing top revenue-generating opportunities

Use Cases

Nektar provides Networks with a world of opportunities:

• Infrastructure: Access hardware resources to increase compute power, or decentralize your existing network
• Liquidity: Source liquidity to boost a sustainable decentralized ecosystem
• Growth: Support infrastructure bootstrapping initiatives with custom made incentive models
• Shared Security: Repurpose staked assets to ensure sufficient network collateral