In this week’s protocol walkthrough, we take a deep dive on Napier Finance v2, the newest yield tokenization protocol on EVM that takes the best of Pendle and Spectra—but makes it permissionless, modular, and transparent.
TID’s Senior Analyst Brook Explains the mechanism behind it, how to trade yields, and stack airdrop points in the protocol.
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Chapters:
00:00 - intro
00:26 - Permission Mechanism
02:30 - Weaknesses
03:45 - Curators in Napier
09:00 - User guide
12:25 - Yields Explanation
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