Nu is a decentralized autonomous corporation.
As a corporation, my understanding is that Nu needs to make revenues for the shareholders, meaning increasing the value of the shares and distributing dividends.
Which makes me wonder about its balance sheet
We can imagine the following:
- revenues: sales of nbts, transaction fees, others
- costs: custodian grants, others
- assets: nushares, reserves, others
- liabilities: nubits in circulation, others,
First of all, is my understanding correct? Second, what could be “others” in each field?