Risk

Nest is a set of live financial programs. Transactions are enforced on-chain, but on-chain enforcement does not remove market, liquidity, oracle, smart contract, or operational risk.

Borrowing risk

Collateral prices can fall and stability fees continue to accrue. A position that crosses its liquidation threshold can lose collateral and pay a liquidation penalty. Keep a buffer below the maximum borrow LTV.

Stablecoin and liquidity risk

nUSD targets a dollar value, but convertibility depends on protocol backing, available liquidity, risk controls, and functioning external venues. USDC and other backing assets carry their own issuer and market risks.

snUSD risk

snUSD is a share of accounted staking assets, not a guaranteed fixed-rate deposit. Its redemption value can reflect distributed revenue, vesting rules, fees, and realized protocol losses.

NEST staking risk

NEST price can change while tokens are staked or cooling down. nUSD rewards must be funded into the pool and can vary. A cooldown means the token cannot be withdrawn immediately after an unstake request.

Leveraged vault risk

Leveraged products amplify gains and losses. Their results also depend on rebalancing, borrowing costs, execution quality, market access, and the path of the underlying price.

Oracle and infrastructure risk

Borrowing and liquidation rely on configured oracle sources, freshness, and confidence limits. The frontend and backend provide quotes and indexed views, but the Solana transaction and current program state are authoritative.

Verify before signing

Check the wallet's transaction details, token amounts, and destination accounts before approval. Use only official Nest links and never share a seed phrase or private key with Nest support or any website.