Nara

Nara provides NaraUSD, a synthetic digital dollar, and NaraUSD+, its yield-accruing staking product. Nara says its products are backed by short-term payment-financing assets from cross-border transactions.

NaraUSD+ accepts NaraUSD deposits and mints a proportional share of the product. The share value changes as the product accrues returns. Redemptions follow a holder-initiated cooldown and later claim flow; the live Ethereum contract currently uses a seven-day cooldown. Direct minting and redemption of NaraUSD are restricted to authorised KYC/KYB-completed users, while NaraUSD may otherwise trade on secondary markets.

Nara’s audit page says that public audit reports are still outstanding. The integration therefore leaves technical risk and fee mode unclassified. The NaraUSD+ contract is available on Etherscan.

eth_defi.erc_4626.vault_protocol.nara.constants	NaraUSD+ production deployment metadata.
eth_defi.erc_4626.vault_protocol.nara.vault	NaraUSD+ vault support.
eth_defi.erc_4626.vault_protocol.nara.deposit_redeem	NaraUSD+ synchronous deposits and cooldown-based redemptions.