NET is Nektar’s native ERC-20 token on Ethereum, built to power participation and governance across the Marketplace. By holding NET, you can play an active role in shaping Nektar’s future while contributing to its growth. Lock your NET tokens to receive veNET, a non-transferable governance token that rewards long-term commitment and active involvement.

You can read more details about NET and veNET here.

What Makes NET Distribution Different?

We’ve taken a thoughtful approach to token distribution to balance short-term growth with long-term sustainability. NET’s vesting schedules are carefully structured to align all participants — from Delegators to Managers — with Marketplace goals over time. If you’re curious about the full distribution breakdown, visit the Distribution page in our docs.

How the Protocol Reserve Powers Growth

The Protocol Reserve makes up 36% of the total NET supply (311,500,000 tokens). It’s designed to fuel Nektar’s ecosystem growth, with allocations going toward key initiatives:

• 13.50%: Delegator Incentives, supporting liquidity across the ecosystem.
• 3.00%: Network Incentives, encouraging early adoption and participation.
• 1.738%: Foundation Reserve, fostering strategic partnerships and collaborations.
• 1.00%: Marketing and Promotion, helping spread the word and attract new users.
• 11.813%: DAO Treasury, enabling community-driven initiatives.
• 4.949%: Strategic Initiatives, ensuring the protocol adapts and evolves over time.

These allocations ensure sustainable growth, and provide the necessary support for every part of the Nektar ecosystem.

Recognizing Ethereum’s Builders: The Airdrop

We’ve reserved 9% of the total supply (90,000,000 tokens) for an airdrop to early contributors who reflect Ethereum’s values of decentralization and innovation. Full details are available on the Airdrop page.

Here’s who will receive tokens:

• Diva Airdrop Participants: Those who supported the decentralized Diva Protocol.
• Eigenlayer Participants: Champions of Ethereum’s modular economy.
• ETH Pre-Merge Solo Stakers: Early adopters who played a role in Ethereum’s transition to Proof of Stake.
• Active DeFi Users: The 10,000 most active recent participants in Ethereum’s DeFi ecosystem.
• Supporters of Ethereum Public Goods: Including Gitcoin Donors and Octant Patrons.

This distribution recognizes and rewards those who’ve helped build the foundation we all rely on.

Introducing veNET: Governance at the Core

veNET is more than a governance token — it enables you to actively contribute to Nektar’s growth in a new way. By locking NET in a non-custodial contract, you earn veNET, which grows with longer lock-up durations.

With veNET, you can contribute to Nektar in the following ways:

• Whitelist New Networks: Help decide which Networks join the protocol.
• Approve New Assets: Ensure new assets align with Nektar’s goals.
• Propose and Vote: Shape the protocol’s future through proposals and governance decisions.
• Resolve Disputes: Work with other veNET holders to maintain fairness and trust in the ecosystem.
• Earn Rewards: Active participation in governance earns you rewards tied to your veNET balance.

veNET gives everyone a stake in Nektar’s success, while also prioritizing long-term alignment with the future of the Marketplace.

Why NET Distribution Matters

We’re building a community-driven ecosystem that reflects Ethereum’s values of decentralization, collaboration, and innovation. By carefully designing token distribution, Nektar ensures that early supporters and long-term contributors are empowered to help shape the future of the Decentralized Concentration Economy.

Looking Ahead

NET and veNET are at the core of what makes Nektar unique: a commitment to fairness, sustainability, and meaningful participation. By bringing together the best of Ethereum’s contributors and innovators, we’re building a platform that unlocks new value and creates lasting impact in the modular economy.

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Nektar Network’s NET token is now live, following the successful activation of its Mainnet. With the conclusion of the Token Generation Event (TGE), eligible participants can claim their tokens and engage more deeply with Nektar’s ecosystem. This milestone underscores Nektar’s commitment to connecting Networks, Operators, and Delegators in a community-driven platform that simplifies decentralized infrastructure.

This post outlines the distribution criteria, vesting schedules, and step-by-step claiming process, giving you everything you need to know to make the most of your NET tokens.

Community-Focused Token Distribution

Nektar designed the NET token distribution to reward early supporters and strengthen its growing community. Over 50,000 individuals are eligible to claim the NET token airdrop. Of the total NET supply, 13.7% has been allocated directly to the community, distributed as follows:

• 9% for Nektar Drop holders: Rewarding those who actively engaged with Nektar Network in it’s early phases.
• 4.7% for Ethereum-aligned communities: The top 10,000 Gitcoin Grant donors were included, as well as Octant donors, early Ethereum stakers, the most active participants in DeFi during the past month, top EigenLayer restakers, and select DIVA airdrop recipients. For more details, see our documentation.

This thoughtful allocation highlights Nektar’s commitment to acknowledging contributions from both its direct supporters and the broader Ethereum ecosystem.

Balanced Vesting for Sustainability

To ensure alignment between contributors and the protocol’s growth, all token allocations follow structured vesting schedules.

Regarding the airdrop, while aprox. 8.5% of the total allocation has been unlocked immediately, the remainder of NET tokens will gradually unlock over a period extending 11 months, ending on Oct 28, 2025.

This structure balances immediate access and short-term liquidity with long-term incentives, and the ecosystem’s long-term sustainability.

How to Claim Your NET Tokens

If you’re eligible to claim NET tokens, here’s how to get started:

1. Visit the Official Claim Portal: Head to https://claim.nektar.network/ and connect your wallet. Always double-check you’re using the official link.
2. Check Your Eligibility: Connect your wallet, and click on ‘Check eligibility’. Read and agree to the terms by signing the message with your wallet. The system will automatically verify if your address qualifies to claim tokens.
3. Claim Your NFT: Click on ‘Claim NET’ and complete the transaction on Ethereum. This will claim your locked NET tokens as a non-transferable NFT in your wallet. You will still need to claim your actual NET tokens, in the next step.
4. Claim Your Unlocked NET Tokens: Click on ‘Proceed to Step 2’ and click on ‘Check eligibility’. Again accept the terms and sign the message. Click on ‘Claim NET’ and complete the transaction. This claims all available (unlocked) NET tokens to your wallet immediately. You can repeat this step whenever you want to claim newly unlocked tokens.

Important Dates

The claim window will remain open for one year, until November 22, 2025. You need to claim your NFT before then. The subsequent steps can be done at any time, with no time limit.

Vesting happens automatically between November 27, 2024 and October 28, 2025. It is not dependent on when you claim the NFT. You can check the unlock schedule from your personal dashboard on Hedgey at https://app.hedgey.finance/token-claims, after you have claimed the NFT on https://claim.nektar.network/.

Restrictions on Distribution

Due to legal and regulatory restrictions, residents of the United States and certain other jurisdictions cannot participate in the early distribution of NET tokens.

Why the NET Token Matters

NET creates new opportunities within Nektar’s ecosystem. It allows participants to:

• Engage in governance and influence the platform’s future.
• Contribute to the growth and direction of the network.
• Foster deeper community connections and collaboration.
• Become eligible for rewards as an active governance participant

With NET tokens now circulating, Nektar’s focus shifts toward improving user experiences, expanding infrastructure and liquidity use cases, and enabling transparent, community-driven decision-making.

To learn more about NET, read the stand-alone blog post on Medium!

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Nektar is evolving into a decentralized ecosystem where participants actively shape its future while benefiting from long-term alignment. The introduction of the NET token and its counterpart, veNET, establishes a foundation for reliability and community-driven engagement within the Nektar Protocol.

NET Token Overview

Holders can lock NET tokens in a non-custodial smart contract on the Nektar Protocol for predetermined durations to acquire veNET in return. The lock duration determines the conversion rate, with longer durations yielding more veNET.

This structure encourages participants to align with Nektar’s long-term goals and contribute actively to the ecosystem. Initially NET has been released as non-transferable item to allow early participants to assimilate the locking mechanism and governance mechanics before being actually able to mint veNET. This way a solid foundation is ensured by bringing a clear dynamic among network participants. Users will be able to lock their NET for veNET: https://app.nektar.network/lock.

This only will be possible once the token becomes transferable! Transferability will be enabled in the near future.

The Utility of veNET

veNET is a non-transferable token designed to enable participants to play an active role in the Nektar Protocol. By locking NET, participants gain access to veNET, which provides additional capabilities within the ecosystem.

Key Features of veNET:

• Approve Networks and Assets: Participants use veNET to assess and approve new Networks and assets, ensuring compatibility and alignment with the protocol’s objectives.
• Resolve Disputes: veNET holders help maintain fairness across the ecosystem by resolving disputes among Delegators, Managers, and Networks.
• Drive Decisions: veNET can also be used to suggest key updates, integrations, or refinements to improve the protocol’s structure and operations.

Active Participation Incentives

Locking NET to earn veNET comes with benefits for participants:

• Reward Distribution: veNET holders can receive rewards distributed through the NektarDAO treasury or via Network-specific incentives.
• Boosted Influence: Longer NET lock durations result in increased veNET allocations, reflecting a greater influence and commitment to the ecosystem.

Unlocking Nektar’s Potential

The introduction of NET and veNET marks a significant step in creating a more collaborative and resilient ecosystem. These tools empower participants to align with Nektar’s goals and contribute meaningfully to its future. Stay tuned for updates and guides on how to acquire and utilize NET and veNET effectively.

To learn more about Nektar, visit the Nektar Homepage
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As decentralized AI applications gain momentum, the need for scalable, flexible infrastructure is greater than ever. We are pleased to announce that 0G Labs, the developer of the first Decentralized AI Operating System (dAIOS), has joined Nektar Network’s Stage One of Mainnet Launch. This collaboration provides 0G Labs with the necessary infrastructure to enhance their AI services, focusing on scalable data availability, storage, and computation.

In this post, we’ll look at how Nektar’s infrastructure supports 0G Labs’ goals and what this onboarding means for the future of decentralized AI.

What is Nektar Network?

Nektar Network is the first Decentralized Infrastructure Marketplace that connects Networks with essential resources like GPU compute power, skilled operators, and custom incentive models. By streamlining access to these resources, Nektar enables Networks to scale and operate more efficiently without relying on centralized infrastructure.

What is 0G Labs?

0G Labs is focused on building a Decentralized AI Operating System (dAIOS), designed to support AI applications by managing data storage, availability, and computing power across a decentralized network. This system empowers applications to run on a distributed infrastructure, ensuring transparency, data ownership, and access to computation without relying on centralized servers.

How Nektar Supports 0G Labs’ Decentralized AI System

0G Labs requires scalable infrastructure and engaged operators to power its decentralized AI operating system effectively. Here’s how Nektar Network makes this possible:

· Access to High-Performance GPU Resources: Through Nektar, 0G Labs can secure scalable GPU resources necessary for AI inference and model training. This direct access enables 0G Labs to handle the complex calculations needed for AI without the typical limitations of centralized infrastructure, ensuring efficient performance for data-heavy applications.

· Engaging Skilled Node Operators: 0G Labs can onboard specialized node operators through Nektar’s marketplace to manage core tasks like data availability, storage, and computation. This operator support is crucial for maintaining reliable performance across a distributed AI network, enabling 0G Labs to establish an efficient, decentralized system for AI operations.

· Custom Incentives for Operator Retention: Using Nektar’s incentive features, 0G Labs can set up specific rewards for operators, promoting active engagement and long-term commitment. This incentivized approach builds a reliable base of operators who support 0G Labs’ infrastructure needs, helping to create a stable, secure, and sustainable environment for AI.

Implications for Decentralized AI in Blockchain

0G Labs’ use of Nektar highlights how decentralized infrastructure can meet the demands of complex AI systems, providing an effective solution to the resource challenges that traditionally hinder AI development. By leveraging Nektar’s decentralized resources, 0G Labs sets an example for future AI projects aiming to operate independently of central providers.

Conclusion

As one of the first Networks on Nektar’s Mainnet Launch:Stage One, 0G Labs is pioneering a new approach to decentralized AI infrastructure. By tapping into GPU resources, skilled operators, and flexible incentives, 0G Labs has the tools to expand its Decentralized AI Operating System efficiently and effectively. This collaboration underscores the potential of Nektar’s marketplace to support advanced AI applications within a decentralized framework, laying the groundwork for a future where AI can thrive on blockchain-based infrastructure.

We’re excited to announce that GAIB has officially joined Nektar’s Mainnet Stage One as an early Network.

What is Nektar?

Nektar is the first Decentralized Infrastructure and Liquidity Marketplace, connecting Networks, Operators, and Delegators in a unified ecosystem. By aggregating liquidity and enabling resource-sharing, Nektar supports advanced use cases across Blockchain, AI, and other computationally intensive applications. Its flexible design allows participants to align incentives, access critical infrastructure, and drive ecosystem growth while maintaining decentralization.

What is GAIB?

GAIB is a platform that transforms enterprise-grade GPUs into liquid, tradable, yield-bearing assets through financialization and tokenization. By creating a new commodity asset class, GAIB bridges AI and Blockchain technologies, enabling efficient monetization of GPU computing. This innovation supports the growing AI economy while providing solutions for managing and deploying computational resources effectively.

This collaboration introduces innovative opportunities for both platforms, positioning GAIB to leverage Nektar’s decentralized infrastructure and bring advanced AI-driven solutions:

1. Integrating a Diverse Pool of Node Operators

By joining Nektar, GAIB gains access to a large and diverse pool of providers. This provider network allows GAIB to manage its AI functions in a more resilient way.

2. Scalable Access to GPU Resources and opportunities

One of the standout advantages of this partnership is GAIB’s access to scalable GPU resources through Nektar’s marketplace. This access empowers GAIB to handle the complex computational requirements of its AI-based solutions, optimizing performance and adaptability as demand increases. The Nektar marketplace also allows GAIB to have an unbeatable distribution channel for its resources, creating an efficient and transparent ecosystem

3. Enhanced Operator Engagement Through Dual Incentives

Operators working with GAIB on Nektar’s mainnet benefit from dual incentives provided by both platforms. This co-incentive model drives loyalty and sustained engagement, ensuring that GAIB’s network remains well-supported by skilled operators and meets the growing demands of AI-powered solutions.

Advancing Decentralized Security in AI

This partnership sets the foundation for a new wave of decentralized AI innovation. By combining the capabilities of both platforms, GAIB is positioned to create robust and adaptable solutions that redefine AI capabilities.

Olas, a pioneer in decentralized autonomous agents, has joined Nektar at Stage One of our Beta Mainnet launch. Their work building decentralized autonomous agent economies aligns perfectly with Nektar’s infrastructure and liquidity marketplace, where participants gain the tools to scale operations, optimize resources, and engage in innovative ecosystems.

Nektar is enabling the growth of decentralized agent economies by simplifying how OLAS — the native token of Autonolas — is utilized. Participants can delegate OLAS to Nektar’s network of Operators, empowering them to stake and run agents.

Here’s how Nektar supports Olas in advancing Decentralized Autonomous Agent Economies:

Streamlined Onboarding for Operators

Through Nektar’s infrastructure marketplace, Olas gains access to Operators who are ready to run agent-based services. This streamlined approach ensures a faster and more efficient network setup, enhancing the scalability of autonomous agent operations.

Scalable Resource Access

By leveraging Nektar, Olas can source the compute power necessary to meet the demands of their AI-driven applications. From nodes to GPUs, Nektar provides the foundation for running complex and resource-intensive agent economies.

Customized Incentives for Long-Term Engagement

Operators in Nektar’s ecosystem can benefit from tailored incentive structures, fostering loyalty and ensuring the consistent participation needed to maintain and grow Olas’ agent network.

The Future of Decentralized Agent Economies

As OLAS delegation activates on Nektar, autonomous agents will gain the resources and support they need to drive innovation across blockchains. This integration strengthens Nektar’s role as a hub for building scalable, decentralized solutions, while advancing Olas’ work in creating autonomous AI agent economies that benefit everyone.

We’re proud to play a part in enabling this next step for decentralized technology. As we continue to expand our Beta Mainnet, we’re excited to support networks like Olasin building the future of Web3.

Orderly Network is now part of Nektar’s Mainnet launch, joining as one of the first Networks in Stage One. This step sets the stage for Decentralized Trading to reach new levels of efficiency and scalability.

What Is Nektar Network?

Nektar Network is the first Decentralized Infrastructure Marketplace. It connects Networks, Operators, and Delegators in a seamless ecosystem designed to address Infrastructure and Liquidity needs. By enabling access to Decentralized Tools and Incentives, Nektar fosters innovation while supporting the growth of Decentralized Systems.

Orderly Network Overview

Orderly Network is a Permissionless Liquidity Layer built for Web3, empowering Developers and Traders alike. Its Infrastructure is optimized for supporting various Financial Products, creating Modular Solutions that work across multiple Blockchain environments.

Orderly in Nektar’s Marketplace

Orderly has developed strategies to make the most of Nektar’s unique Marketplace setup:

1. USDC-Based Strategy: Users can deposit USDC, with a portion of it used to purchase and stake ORDER Tokens directly on Orderly. This hands-off approach simplifies Staking while still providing Rewards.
2. ORDER-Based Strategy: Users can deposit ORDER Tokens through Nektar, staking them on Orderly to earn Orderly Staking Rewards as well as additional incentives from Nektar.

What’s Next

Orderly plans to expand its activities within Nektar by enabling users to provide Liquidity directly to its Orderbook, creating new opportunities to earn APR. Additionally, Orderly is working on AI-powered Trading Strategies that allow users to allocate funds to automated systems, opening up another avenue for generating returns.

By joining Nektar’s Mainnet, Orderly is taking a bold step toward reshaping the Decentralized Trading landscape and exploring new possibilities for Liquidity and Asset Management.

In the fast-paced world of Web3, security is often left a few steps behind innovation.

The major security products in the industry today are based on static analysis, or manual/ad-hoc review: audits and bug bounties. While necessary, smart contracts and protocols are constantly left vulnerable to exploitation due to a lack of Web3-native security products post deployment. With risks increasing and response times often lagging, Web3 projects face a critical need for faster, decentralized incident response.

Imagine a Web3 ecosystem where security is able to detect and neutralize threats in real time. No more delays, no complicated integrations. Just streamlined, reliable defense for every protocol.

That’s the future Drosera and Nektar are building together.

Today, we’re excited to announce that Drosera has joined Nektar’s Beta Mainnet launch as one of the first networks to leverage its Provider Pool. This partnership empowers Drosera’s Security Automation Layer to operate with increased scale and speed, delivering the protection that Web3 desperately needs.

What is Drosera?

Drosera is building the only permissionless, decentralized security automation technology in Web3 — the Security Automation Layer.

Drosera’s Security Automation Layer facilitates the execution of automated incident response to smart contract exploits and risk events that can be tailored to suit the needs of any project. Compared to existing solutions that require multi-month integration, Drosera’s deployment is the easiest and fastest in the market.

Drosera’s core security product, Traps, enable protocol engineers to build their application security infrastructure using exclusively Solidity code with the same tools they use to build their protocol contracts such as Forge and Foundry. This simplicity enables real-time security testing and deployment in less than one day.

However, to fully realize this potential, these Traps need an active network of operators.

That’s where Nektar comes in.

How does Drosera benefit from Nektar?

Scaling decentralized networks requires expanding the number of active nodes to increase resilience and robustness. Nektar addresses this by acting as an operator availability layer for Drosera, enabling the network to scale seamlessly.

Through Nektar, trap creators can whitelist operators using Drosera’s trap-level operator whitelist. This ensures that only trusted operators participate, strengthening security for all parties involved.

But the benefits don’t stop there.

Operators who perform security tasks for Drosera on Nektar’s mainnet earn dual incentives — rewards from both Drosera and Nektar. This co-incentive model not only boosts operator participation but also creates a loyal, motivated community that actively supports Drosera’s mission.

Shaping the Future of Decentralized Incident Response

Together, Drosera and Nektar are solving one of Web3’s most pressing challenges.

With Drosera’s Security Automation Layer and Nektar’s decentralized infrastructure, protocols can finally move beyond the limitations of Web3 security today.

The result?

1. Expanded Network Resilience: Scaling Drosera’s operator network ensures robust security for all protocols.
2. Optimized Incident Response: With Nektar, Drosera can detect and neutralize threats in real time.
3. Multiple Incentives for Operators: A co-incentive model motivates operators while fortifying Web3’s decentralized infrastructure.

As this collaboration takes shape, the implications are clear: security no longer has to play catch-up with innovation. By joining forces, Drosera and Nektar are ensuring that Web3’s future is built on a foundation of trust and proactive defense.

AI-powered blockchain solutions require infrastructure that is lightweight, efficient, and capable of supporting decentralized operations. ORA Protocol, an AI-driven oracle service, is one of the first Networks to onboard onto Nektar Network’s Beta Mainnet. This integration highlights the potential of decentralized marketplaces to support specialized, data-driven use cases like AI without the need for heavy computational resources.

ORA Protocol connects smart contracts to real-world data through machine learning, enhancing the intelligence of decentralized applications. By leveraging Nektar’s decentralized marketplace, ORA gains access to a streamlined process for onboarding node operators, ensuring its AI services can scale efficiently and securely.

What is Nektar Network?

Nektar Network is a decentralized infrastructure marketplace that simplifies access to essential resources for decentralized applications. It brings together Networks, Operators, Providers, and Managers, facilitating seamless resource flow. Through Nektar, decentralized projects can efficiently scale and grow, leveraging tailored onboarding processes for long-term success.

What is ORA Protocol?

ORA Protocol is an AI-powered oracle system designed to enhance blockchain applications by feeding them accurate, real-time data from the physical world. Its lightweight infrastructure, powered by the TORA Validator Client, eliminates the need for GPUs, making it easy for node operators to run alongside other applications. This efficiency supports broader participation and scalability, ensuring ORA Protocol remains accessible and reliable for developers building smarter decentralized applications.

How ORA Protocol Leverages Nektar’s Marketplace

As one of the first Networks to join Nektar’s Beta Mainnet, ORA Protocol is utilizing Nektar’s marketplace to onboard node operators and expand its oracle services. Key benefits of this collaboration include:

• Node Operator Onboarding: Nektar simplifies the process of recruiting and onboarding node operators for ORA Protocol. These operators run the lightweight TORA Validator Client, ensuring data validation without the need for GPUs, making it easy to integrate with other workflows.
• Streamlined Operations: By leveraging Nektar’s decentralized infrastructure, ORA Protocol can focus on scaling its services without worrying about heavy computational demands. This efficiency enables broader adoption of its AI-powered oracle solutions.

Broader Impact for AI in Blockchain

ORA Protocol’s integration with Nektar’s marketplace demonstrates the potential of decentralized infrastructure to support innovative blockchain platforms. Nektar’s marketplace provides the tools and framework for onboarding operators, ensuring scalability and reliability while reducing operational overhead. This collaboration sets the stage for more AI-driven blockchain applications to thrive in decentralized ecosystems, showcasing the power of lightweight, adaptable infrastructure.

We’re excited to announce Berachain as one of the initial Networks on Nektar Network’s Stage One Mainnet Launch. Known for its innovative Proof-of-Liquidity (PoL) consensus, Berachain is focused on creating a blockchain ecosystem where liquidity and network security go hand in hand. Through Nektar, Berachain gains access to infrastructure resources that support its unique model, enhancing its ability to process transactions, engage operators, and scale effectively.

What is Nektar Network?

Nektar Network is a decentralized infrastructure marketplace that provides Networks with critical resources, such as GPU power, skilled operators, and flexible incentives. By connecting these elements in one platform, Nektar helps Networks scale and operate without relying on centralized services.

What is Berachain?

Berachain is a high-performance blockchain designed with a Proof-of-Liquidity consensus model. This approach aligns liquidity provision with network security, encouraging users to contribute liquidity in exchange for network rewards. Berachain aims to create a robust environment for decentralized applications (dApps), ensuring both security and liquidity.

How Nektar Supports Berachain’s Ecosystem

Berachain’s blockchain relies on reliable infrastructure and skilled operator support to function optimally. Here’s how Nektar’s marketplace enables Berachain to scale and strengthen its operations:

• GPU Power for Transaction Processing: Nektar’s GPU resources allow Berachain to manage the computational load required for high transaction volumes and smart contract execution. This scalable access to GPU power ensures efficient operations as the network grows.
• Operator Support for Stability: By connecting with Nektar’s pool of skilled node operators, Berachain gains reliable support for data storage and transaction verification. These operators maintain data availability and stability, which are crucial for sustaining high-performance blockchain functions.
• Incentives to Build a Committed Operator Network: Through Nektar’s customizable incentive structures, Berachain can attract and retain operators dedicated to supporting its PoL-based ecosystem. This steady operator engagement ensures that Berachain’s network remains robust and responsive.

Expanding the Potential for Decentralized Applications

As one of the first Networks on Nektar’s Beta Mainnet, Berachain demonstrates how decentralized infrastructure can support blockchain innovation. By leveraging Nektar’s resources, Berachain can grow its ecosystem — all within a decentralized framework. This collaboration showcases the potential for scalable blockchain solutions built on a foundation of shared resources.