# Abstract Price inflation remains one of the most understated issues for global stablecoin holders. According to US CPI, in the past 5 years, all assets kept in stablecoin lost 17% of value, and according to Truflation's CPI the loss was larger than 26%. There is \~$80 billion in latent stablecoins in DeFi, seeking protection from accumulated inflation. Those holders desire modest, reliable, low-risk returns but find defi protocols prohibitively risky and complicated. On the other hand, those best to source reliable returns are crypto-natives: risk-seeking investors who demand high yields and are comfortable taking enormous risks to get them. Nuon v2 bridges the gap between stablecoin holders seeking modest returns and crypto-native investors seeking high yields. Nuon v2 ensures stable inflation-hedging yields for NUON holders while rewarding nuMint governance token holders with the accumulated surplus yield generated from strategies that they vote to allocate capital towards. Nuon v2 uses a lightweight veto-based governance system with optimistic security assumptions to enforce risk preferences while allowing any asset as a source of yield. The backstop function protects the protocol and ensures NUON holders at least the inflation-level yields, also during times when inflation is higher than yields. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.nuon.fi/abstract.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.