Wrapping Nuon

Wrapping Nuon is available for particular use cases

Wrapping Nuon Documentation

Wrapping Nuon converts your yield-based rebase asset into a non-rebasing form, better suited for specific use cases such as tax accounting and institutional holdings.

Rebase tokens may also be difficult to process by some DeFi protocols and tools; wrapping Nuon rebase tokens makes them usable across other protocols, DApps, and APIs.

Wrapped Nuon at a Glance

• Prevents wallet balance from increasing

• wNUON pegged to NUON (USDC) + accumulated inflation yield, which means wNUON price increases over time to reflect inflation-adjusted value.

• It can be unwrapped back to NUON at any time.

Use Cases

• Useful in jurisdictions where automatic rebases trigger tax events

• Understandable to DeFi protocols that can't interact with rebase token standards

How It Works

• Prepare Nuon stablecoin and ETH on Base for transaction fees

• Go to "Wrap" section on the advanced Nuon dashboard https://app.nuon.fi/wrap

• Choose the amount of Nuon to wrap

• Press Wrap and follow the instructions of your wallet to exchange NUON → wNUON