Nebular Protocol - Focuses on Yield Aggregators and the NFT Market

 

Blockchain and Smart Contracts open many doors to new, decentralized businesses and eliminate the need for expensive third parties. Many new companies are currently working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. Apart from that, another major reason why cryptocurrencies are more fashionable is because we know that traditional banks, as modern as they want them to be, have an ancient culture and mentality. Beyond ordinary financial instruments, they have only evolved to provide a few online services. Now, with the advent of DeFi (decentralized finance), the world of financial instruments is open, accessible, open and without permission for anyone with a mobile phone or computer connected to the Internet.

Next, the project I'm going to present to you is Nebula Protocol (https://nebulaprotocol.org/), a Binance Smart Chain based project that uses decentralized finance.

Definition

More specifically, Nebula Protocol (https://nebulaprotocol.org/) is a community-based DeFi Token launched at the event that offers three functions during each exchange: Reflection, LP Acquisition, and Burning.

Let's take a closer look at what each of these functions entail:

Reflection: A purchase, sale or transfer is subject to a 2% fee, which goes directly to each user who holds their token, proportional to their holdings in relation to the total subminister.

LP Acquisition: Every purchase / sale goes through 6% automatic liquidity generation to maintain passive yields and provide balance and stability to tokens. The idea is that the token becomes a locked liquidity token and remains permanently an LP.

Burn: the platform collects 2% of the fee on each transaction. This allows supply to decrease with higher trading volumes, leading to more scarcity and buying pressure into the ecosystem.

Focusing on its performance aggregators and the NFT market, SafeNebula aims to create, that said, a very mysterious fuzzy astronomical object by becoming a new protocol that adds features to existing DeFi systems.

How does it work?

The Nebula token is community driven. First, the initial liquidity is provided by the team on a blockchain basis for half a year. Meanwhile, every transaction made, be it buying, selling, betting, etc., will automatically generate liquidity in the Pancakeswap Liquidity Pool.

In this way, token holders are rewarded passively through distributed transaction fees.

During the next phase, Nebula focuses on developing its performance aggregator, which allows investors to earn more rewards through our participation and liquidity pool.

Finally, the intention is also to create their own market from selected NFTs, allowing Nebula holders to bet and get special NFT digital art cards.

Rewards program

This project provides an opportunity to earn SafeNebula tokens that perform some social media tasks and perform simple steps of the bounty program which are explained in the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5339690.0), where you can access the link to see what are the requirements to become an early Nebula Protocol contributor and start earning tokens.

For more information on this project, you can visit and read their WhitePaper which is available here (NebulaProtocol_WP). You can also follow their official Telegram channel (https://t.me/safenebula). I hope you liked this post and I'll send you a new one soon.

Token details

The SfeNebula token will become $ SNBL, which will serve to provide price stability and be used as a burning mechanism. The idea is to add value to the project ecosystem and be able to create a sustainable environment for the projects launched within it.

This token is based on the Binance Smart Chain (BSC) network, which is a blockchain network built to run smart contract-based applications, allowing users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of the BSC. What is special about the Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported to the Binance Smart Chain as is), and Ethereum wallets such as Metamask can be used as-is.

Roadmap

We started with contract enforcement, building a website, setting up social media profiles, and creating a PancakeSwap list. After successful project launches, we have launched initial marketing campaigns, including listing submissions (including CoinMarketCap, CoinGecko, Blockfolio and Livecoinwatch), AMA events, collaborations with digital influencers, various promotions of Telegram channels, and finally, establishing legal entities.

During the next phase, Nebula focuses on developing a yield aggregator, which allows investors to earn more rewards through our betting and liquidity pool. Additionally, the team is working on a centralized listing of exchanges (CEX) and has started raising the funds needed for the HotBit listing. Likewise, we plan to build a marketplace with our preferred NFT traders, and we are happy to invite individuals or even companies to explore NFT initiatives with the Nebula community. The market will allow Nebula holders to stake and get special NFT digital art cards.

ACCURATE INFORMATION

Website: https://nebulaprotocol.org/

Github: https://github.com/TechRate/Smart-Contract-Audits/blob/main/SafeNebula.pdf

Twitter: https://twitter.com/safe_nebula

Telegram: https://t.me/safenebula

Facebook: https://www.facebook.com/nebulasnbl/


Author: Amild

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828

My BSC Wallet Address: 0xbf00577895715883E63C6694D33dA51b1cDEBDa8

Comments

Post a Comment

Popular posts from this blog

Extons - Cryptocurrency Trading Platform

Image
Bitcoin is the first cryptocurrency to be accepted on the blockchain and has been obtained by thousands of other forms of crypto (called "altcoin", short for "alternative coins"). It was made in 2008 by a difficult person (or group of people) named Satoshi Nakamoto who has yet to be approved. Crypto currencies are digital coins that are designed to be transferred between virtual transactions. Crypto currencies are only available as data and not physical objects; You cannot hold Bitcoin or store Ethereum in your safe. Having Bitcoin means you have a collective agreement from every computer on the Bitcoin network that you currently have and - more importantly - that it was created legally by a miner. Extons is a good Binary market for Forex, Stocks and good Crypto Trading, with excellent security for the convenience of member users, Extons introduces multi-currency support. continues to introduce and register quality digital currencies throughout the country, providin...
Read more

Floki Finance is an NFT Marketplace That Supports Multiple-chain

Image
  About Flocki Finance Flocki Finance is the first multi-chain NFT business focus. Create, buy, sell, trade and exchange any NFT on any blockchain, all from a single stage. The following is a progressive symbol that accompanies various things. Shipping with NFT Artist and NFT Marketplace, where you can print and sell NFT. Flocki Finance is a multi-chain NFT commercial hub where financial backers can safely and securely create, exchange and trade any NFT on any blockchain, anywhere, and was one of the first to do so. The stage local token, FFT, can also be used to pay fees in commercial centers. To help get more promising times to come, Flocki Finance intends to use 20% of its profits every quarter to subsidize buybacks and consumption events to help keep its stock low, in this way boosting its self-esteem. NFT Market Today, many people are using the NFT protocol globally. And they need an NFT marketplace that can facilitate their trading more quickly and securely. However, the NFT ...
Read more

Nayuta Coin

Image
We invite you to join the fast growing South Korean company, Nayuta Global. The company has proven its reliability and prospects for 2 years. The marketing plan provides 78% of the turnover to the network. High quality product. Own digital assets with the ability to mine. Effective training system. Reliable leadership. Great development prospects. We invite you to become part of our international family. Before mining starts on the Enecuum app, Nayuta Coin will be mined in the Crowdsale Network wallet. This is enough to add to your NC balance and your balance will increase every hour. At the end of May 2020, you will be able to withdraw NC from Crowdsale Network wallet to your balance in the attached nimtodoli Enecuum Inmtodol "Promotion + 44%" will last until the end of quarantine in CIS countries With popular demand, when buying NC, bonus 44% will be lasts until 15 May 2020 News of the global Nayuta consortium starting to prepare a franchise for the multifunctional health c...
Read more