The Ennead is an optimization layer built upon ve(3,3) protocols. We aim to pool our collective resources to bolster the ecosystems, and to provide a seamless integration for all users. The Ennead is able to provide true Real-Yield without relying on an emissions model artificially pumping the returns. This is done through optimizing existing infrastructure, such as the veRAM fee/bribing model, along with providing boosting support. Returns are passed down to neadRAM stakers, giving natural yield from fee revenue on a service-- which is by definition 'real-yield' as there are no artificial returns.
When users deposit their veNFT or RAM, they automatically receive a proportional amount of neadRAM (neadRAM is minted 1:1 for RAM deposited). neadRAM is a tokenized, fungible representation of 1 veRAM locked in The Ennead. The Ennead automatically converts rebased RAM into neadRAM, and passes this along to neadRAM stakers.
The Ennead automatically converts rebased RAM into neadRAM proportional to the users staked amount. If a user deposits RAM into The Ennead, that RAM is locked into The Ennead veNFT as veRAM, in exchange the user receives proportional neadRAM. Splitting off neadRAM back to RAM/veRAM is not possible.
