• Nebula front-end website and Dapp Now belongs to the Commons
• Dapp on Terra blockchain
• Dynamic Investment Strategy
• Efficient Passive Asset Management Protocol

Nebula Protocol is a decentralized application which is built on the Terra blockchain.  It will enable users to invest in narratives and strategies expressed as basket instruments.  The basket instruments are also referred to as ‘clusters’.  Clusters are smart contracts which manage a dynamic investment strategy.

Nebula Protocol has been focused on building DeFi’s most flexible & efficient passive asset management protocol.

Nebula Protocol:  Decentralization is a process. It’s a journey from centralized ownership and control to free and open access by anyone on the same terms and on an even footing.

Today we’re doing our part to push this process forward.

While there are many IP licenses that let others use a creation freely, they are all still premised on the fact that someone owns that creation – it is being LICENSED, and the owner is granting permission to others. It is owned. It is controlled.

We believe that the true end state of decentralization is that there is no ownership, there is only access. This is the classic idea of “the commons” – a space that is not owned but can be freely used and accessed by anyone.

With that in mind, today we are dedicating the Nebula front-end website and Dapp to the commons. On the site, you will find a Declaration of Abandonment setting forth this specific dedication.

We are intentionally disclaiming any and all rights or ownership of the front-end, and have no more ability or right to influence, access, or use it than anyone else.

We hope that this next step in progressive decentralization will be evaluated, analyzed, and improved upon by the community as we all work together to build the future we know is possible.

Conclusion:  The DeFi space is ever changing.  Investors need to understand the nitty gritty details to understand how the Protocols in the Defi Space Works.  There are several problems plaguing the ecosystem and builders are working to overcome them.

Passive investment assets like stocks, commodities, bonds, real estate and now cryptocurrency and DeFi are being looked at by investors as a means of growing wealth and a hedge against inflation. When it comes to passive investment, traditional assets are not perfect because they are controlled by centralized institutions and these investment options become inaccessible to those who are unbanked and those outside the financial system.

DeFi is looked at as a clear type of passive investment vehicle suitable for anyone in the world. All they need to have is access to the internet. Nebula Protocol is clearly focused on the fundamental philosophies of “decentralized passive asset management.”

The team behind Nebula have been building a permissionless governance-focused protocol which makes it possible for anyone create and invest in “community-focused strategies” which will provide to cover for a diverse range of assets, which providing for maximum flexibility and endless creativity.

Nebula has been trying to solve two major problems:  1. Inefficiencies of human-managed portfolios leading to inefficiencies.  2.  Operation in centralized custodians.

Nebula Protocol aims to become the key DeFi primitive for passive asset management on the Terra blockchain.