Documentation
Learn how to use the NOMY protocol
Protocol Overview
Nomy Protocol is a DAO-governed DeFi ecosystem built around a managed on-chain Treasury focused on long-term capital growth and transparent community governance.
The protocol combines Treasury management with decentralized decision-making, allowing the community to participate in governance, Treasury strategy, ecosystem development, and the future direction of the protocol.
For full protocol details, tokenomics, governance, Treasury structure, and ecosystem documentation, visit: https://nomy-dao.gitbook.io/protocol_documentation
Current Protocol Status
Following a governance vote, NOMY DAO has approved a temporary protocol preservation phase while market conditions remain unfavorable.
This decision was made to protect Treasury resources, preserve long-term sustainability, and position the protocol for future growth when market conditions improve.
This is a strategic DAO decision and does not represent a shutdown of Nomy Protocol.
Governance Remains Active
NOMY DAO remains fully operational and continues to oversee:
- Treasury management and protection
- Governance proposals and voting
- Ecosystem strategy and planning
- Community development
- Future protocol restoration decisions
Core infrastructure, governance processes, and community communication channels remain active.
Protocol Reactivation
Protocol operations can only be resumed through a governance proposal approved by NOMY DAO.
The timing of reactivation will be determined by a future DAO vote based on:
- Market conditions
- Treasury readiness
- Growth opportunities
- Ecosystem expansion potential
- Community consensus
Full authority over protocol operations and reactivation remains in the hands of NOMY DAO and its governance process.
Getting Started
To use the Nomy Protocol, follow the steps below.
- 1Install a Web3 wallet (e.g. MetaMask)
- 2Connect your wallet at https://app.nomyfi.com
- 3Ensure correct network and sufficient ETH for gas
- 4Acquire NOMY via Exchange or voucher claim
- 5Navigate to protocol sections (Staking, Vesting, etc.)
Always verify you are using the official domain and never share private keys.
Staking & Rewards
Staking allows participants to engage directly with protocol-generated value.
- Rewards are derived from Treasury performance, including yield strategies and asset appreciation
- Rewards accrue continuously and can be claimed at any time
- Staking reflects real protocol activity rather than fixed emissions
Reward Model
- When Treasury generates sufficient profit → rewards are funded from real returns
- If profit is below target → DAO may support rewards via bonding or market purchases
- If profit exceeds requirements → surplus remains in Treasury, increasing backing per NOMY
After maximum supply is reached:
- rewards are supported through market buybacks, not new issuance
Vesting
NOMY allocations follow a structured 3-year vesting schedule:
- Unlocks occur every 3 months
- Vested tokens can be staked immediately
- Staked vested tokens are not included in circulating supply
- Staking rewards are liquid and claimable
Exchange (Bonding)
The Exchange allows users to convert supported assets into NOMY:
- Operates through a protocol-controlled bonding mechanism supported by Treasury allocation
- Tokens received are assigned to vesting positions
This directly links capital inflow to Treasury growth and protocol expansion.
Governance
Nomy operates under a DAO governance framework, where NOMY holders participate in protocol decisions.
Governance is executed on-chain through the NDAOGovernor smart contract, based on the OpenZeppelin Governor model.
Voting Power
Voting power is determined by:
- NOMY held
- NOMY delegated
- Tokens must be delegated to activate voting power
- Staked tokens contribute to voting power
- Delegation transfers voting rights, not ownership
Participation in governance may require a minimum NOMY threshold defined by DAO parameters.
Proposal Lifecycle
- Pending — created, voting not started
- Active — voting open
- Succeeded — passed and met quorum
- Queued — awaiting execution via timelock
- Executed — completed on-chain
- Defeated — failed or did not meet quorum
How to Vote
- 1Delegate voting power
- 2Navigate to Governance
- 3Select an active proposal
- 4Review details
- 5Vote: For / Against / Abstain
- 6Confirm transaction
Delegation
- Voting power can be delegated to another participant
- Token ownership remains unchanged
- Delegation can be updated at any time
Withdrawal
The Withdrawal mechanism allows users to unstake NOMY and return it to their wallet.
How to Withdraw
- 1Navigate to Withdrawal
- 2Enter amount
- 3Confirm transaction
- 4Tokens are returned to wallet
Claiming Rewards
- Staking rewards can be claimed independently
- Unstaking is not required
- Rewards reflect protocol performance
Claim
The Claim page provides access to all claimable positions.
Claim Process
- 1Navigate to Claim
- 2Review available balances
- 3Claim individually or use Claim All
- 4Confirm transaction
- 5Tokens are transferred to wallet
Claim Types
- Vested Tokens — unlocked from vesting allocations
- Staking Rewards — generated from Treasury performance
Smart Contracts
The protocol is composed of multiple smart contract modules working together.
- verified
- open-source
- transparent
Core Modules
| Contract | Description |
|---|---|
| ProtocolHub | Central coordination layer |
| NOMY | ERC-20 token with EIP-2612 permit |
| StakingModule | Staking and reward logic |
| VestingModule | Vesting and unlock management |
| BondingModule | Asset-to-NOMY conversion |
| NDAOGovernor | Governance execution |
| TimelockController | Delayed execution of proposals |
Contract addresses are available in the Protocol Parameters page.
Glossary
| Term | Definition |
|---|---|
| APY | Annual Percentage Yield including compounding |
| Bonding | Mechanism for converting assets into NOMY |
| Delegation | Assigning voting power without transferring tokens |
| EIP-2612 Permit | Gasless approval via signature |
| Governance | DAO-based decision-making system |
| Quorum | Minimum votes required for proposal validity |
| Staking | Locking tokens to participate in rewards |
| Timelock | Delay between approval and execution |
| Vesting | Gradual token unlock schedule |
| Voting Power | Influence in governance based on holdings |
Final Note
Nomy is designed as a Treasury-driven, DAO-governed financial system where:
- value is generated through structured capital management
- rewards are linked to real performance
- governance is decentralized and transparent
Participation aligns users with a system focused on long-term, sustainable growth.