EnreachDAO (NRCH)

EnreachDAO, with the ticker NRCH, is a community-governed DeFi platform that aims to tokenize traditional financial assets or the utility of real-world projects on any blockchain. It gives holders and market makers the necessary tools to deploy liquidity and hedge risk. EnreachDAO leverages user experience through crowdsourcing to create a seamless and borderless interaction in the DeFi space.

EnreachDAO’s core focus includes the development of DeFi instruments, market making, and arbitrage, as well as tokenizing real-world assets and projects on any blockchain. One of its products, the Yaggr decentralized application (dApp), focuses on deposit-based interactions for non-interest yield aggregation and compounding using the Yaggr Multiverse Smart Contracts. The platform also offers a verification platform with different tiers, enabling individuals to obtain a KYCNFT to activate a FIAT ramping solution directly mapped to their identity.

EnreachDAO’s ecosystem features nReserve, the algorithmic central bank. It mints nFIAT tokens (stables) and holds reserves of assets to back them. The platform also offers the ChainSwitch product, facilitating interoperability between supported blockchain networks for tokens with rebase functionality or applied transaction taxes. EnreachDAO has an ambitious roadmap, including plans for recruitment, liquidity mining, KYC NFT launch, tokenized FIAT, governance platform, and more.