I
Spot & Intuitive Perpetuals
Core venue. Liquidation prices shown before a position opens. Standard verified tier and above.
Account-first. Stablecoin as the operating ledger.
A unified digital-dollar balance, optional ring-fenced envelopes, abstracted regional payment connectivity, and a five-pillar product surface.
§2.1 Default Ledger
Stablecoin as the primary balance
In corridors where the domestic currency fails as a store of value, users arrive wanting a dollar balance and they stay in it. NKEAI takes that model as normative: the primary balance is a stablecoin balance, and it is the unit in which positions, fees, funding, allocations, and P&L are denominated.
A stablecoin is a claim on an issuer, not a deposit with the operating entity. Its stability depends on reserve composition and redemption mechanics — and those mechanics have failed before under stress. That boundary is stated here, not in a footnote.
§2.2 Zero-Idle Collateral
Counted once. Applied wherever accepted.
Capital in a unified account backs perpetual positions, resting spot orders, strategy vault allocations, and primary-market subscriptions through a collateral schedule rather than a single margin number. Users can still designate ring-fenced sub-envelopes that derivatives margin calls can never touch.
When margin health on leveraged positions degrades, protective response is confined to the pledged margin pool — ring-fenced savings and primary subscriptions remain untouched.
Table 2.2
Collateral haircut schedule
| Asset class | Haircut band | Eligible uses |
|---|---|---|
| Tier-1 Regulated USD Stablecoins | 0% – 2% | Spot, Perps, Vaults, Primary Hub |
| Secondary Approved Stablecoins | 3% – 8% | Spot, Perps (capped), Vaults |
| Major Liquid Digital Assets (BTC/ETH) | 10% – 20% | Spot reserve, Perps cross-margin |
| Mid-Cap Listed Assets & Vault Shares | 35% – 60% | Spot reserve only |
| Unsettled Pre-TGE / Primary Claims | 100% (0% credit) | Ineligible as margin collateral |
§3.1 Fiat Connectivity
Abstracted regional payment rails
Core technology and ledger infrastructure are paired with locally authorized third-party payment and fiat-clearing partners across supported corridors. NKEAI does not directly custody user fiat as a domestic bank in every market — gateway readiness and regulatory requirements gate which corridors go live.
§3.2 Product Matrix
Five pillars, unequal by design
II
Agent-Assisted Strategy Vaults
Basis, funding, and volatility strategies behind a subscription interface — with the multi-agent system available to explain holdings and failure conditions.
III
Full-Cycle Primary Hub
Pre-TGE points, fair-curve ignition, and tiered distribution — enhanced verification plus engagement gate.
IV
Event-Driven Outcome Markets
Binary and multi-outcome contracts — strict geo-gated, Tier 2+.
V
Tokenized RWA Interface
Contingent on custody arrangements and jurisdictional treatment the entity is willing to operate under.