Nest BlackOpal LiquidStone II Vault

Nest BlackOpal LiquidStone II Vault, represented by the NOPAL token, is a yield-bearing token within the Nest protocol on the Plume Network, a blockchain ecosystem focused on real-world assets. It is designed to give users access to returns generated by institutional-grade, off-chain financial instruments without requiring them to go through traditional financial intermediaries. The stated aim is to make yield from regulated real-world assets available to anyone with access to decentralized infrastructure, regardless of geography or institutional status.

NOPAL lives within the Plume RWAfi ecosystem, where Nest acts as the flagship staking protocol bridging off-chain yield sources to on-chain users. The token is classified as a yield-bearing instrument, meaning holders are meant to accrue returns tied to the performance of underlying real-world assets rather than through block rewards or protocol emissions. No consensus algorithm or block time is recorded for this asset, which is consistent with it being a token deployed on an existing network rather than a standalone blockchain.

The data stored for NOPAL does not include a fee stream, revenue figures, or protocol income metrics, so no fee-based analysis can be offered here. What is recorded is that nearly all supply is already in circulation, with a circulating supply of 70,884,289.779262 NOPAL representing 99.963323 percent of total issued supply at this point in time, and a dilution overhang of just 0.048171 percent, meaning very little additional supply is pending release. The ratio of fully diluted value to market capitalisation stands at 1.000482, which is arithmetically consistent with almost the entire supply already being circulating. Because no fee data is present, measures such as price-to-fees or revenue multiples that appear on other asset pages on this site are not applicable here.