- Promising blockhain initiative
- Limited amount of trading platforms
Nexus (NXS) in a nutshell
Nexus is blockhain technology that aims to rebuild the internet in a next-generation way. The project is community-driven with responsible value and vision of creating a free and safe world of internet for everyone. The platform is designed with the goal of simplifying lives, empowering communities, and streamlining businesses.
Tokenomics for Nexus (NXS)
- Community fund: 10%
- Psi-UST LP Incentives: 10%
- nAsset-Psi LP Incentives: 25%
- nAsset rewards Reservce: 5%
- ANC Gov. Staking Airdrops: 11%
- Other Airdrops: 1%
- Team & Advisors: 20%
- Operation: 3%
- Investment: 15%
As of August 03 2022, the current inflation rate for NXS is 3.75%.
After September 2024, both Proof-of-Work channels combined will increase the supply by a maximum of 1 NXS per minute, resulting in the creation of 525,000 NXS per year or a maximum of 0.67% inflation per annum. The growth in the supply of NXS from the Proof-of-Stake channel will be capped at a maximum of 3.00% per annum. This makes the post-2024 inflation a maximum of 3.67% which can only be realized if the entire NXS supply were staked at the maximum Stake rate. Currently, it takes one year of consistent staking to build up enough Trust to earn a 3.00% rate of return.
Review of Nexus (NXS) token
Nexus is under review and we are thoroughly looking into the token to find everything there is to know about it. Coming Soon.