> For the complete documentation index, see [llms.txt](https://whitepaper.nuon.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.nuon.fi/introduction.md). # Introduction The incumbent solutions for inflation-protection in traditional markets are Treasury Inflation-Protected Securities (TIPS). With a market cap of $1.8 trillion, TIPS clearly demonstrate the substantial demand for assets that guard against inflation. However, TIPS, which pay out biannually like bonds, provide a suboptimal user experience and are inherently limited by their TradFi rails. In the realm of decentralized finance (DeFi), a new analogous asset class known as flatcoins is emerging. Flatcoins are stable assets that protect their holders from inflation. Unlike TIPS, flatcoins leverage the programmability of smart contracts on platforms like Ethereum, enabling innovative improvements in user experience and functionality. Nuon v2 represents a significant evolution in this space. Many flatcoins, including Nuon v1, have mirrored the model of collateralized debt position (CDP) stablecoins, adjusting their redemption value to keep pace with inflation. Nuon v2 takes a different approach. It continuously streams NUON tokens to holders with each block, which can be redeemed for USDC on a 1:1 basis. This process is supported by Truflation’s truCPI, ensuring that Nuon’s value is closely aligned with actual increases in the cost of living. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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, and the optional `goal` query parameter: ``` GET https://whitepaper.nuon.fi/introduction.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.