Hey guys! I'm back after 2 years and my return back is only because I wanted to share this with you people. This is a golden opportunity for us investors and I didn't want to miss it myself and wanted to share with you guys too. So let's get to it!
Nash is a fintech company using blockchain as infrastructure for the digital finance space. Their products form an integrated financial services platform that is fully non-custodial. Users can invest in, trade and make payments with digital assets and at no point will Nash control their funds.
Nash’s main product is a decentralized digital asset exchange (DEX) that competes with the speed and functionality of centralized services. Connected to this are funds management tools and a payment platform that uses our exchange to convert currencies. By combining revolutionary technology with simple, intuitive interfaces, Nash aims to make decentralized finance accessible to everyone.
For an investor, NASH is a gem as it will allow its holders to receive a share of the fees generated by the NEX exchange, and users will have to stake the tokens in a NEX wallet to automatically receive payouts in a similar way to GAS payouts on the NEO network. The fees received will be taken directly from the assets being traded on the exchange.
The fee structure will be divided into maker/taker fees, with makers or users who publish trade orders having a 0% fee, while takers or users who take up orders will face a fee of 0.13 to 0.25% depending on the trading volume they generate.
As the Neon exchange is expected to become the premier destination for NEP5 tokens traders, anyone who holds a minimum of 1000 NEX tokens may receive a monthly payout anywhere from around $10.31 a month all the way up to approximately $3,459.30 if the trading volumes mirror those achieved by the top exchanges currently in operation today. The following table illustrates the income per 1000 tokens based on other exchanges' volumes.
The NEX token is expected to appreciate in value as the NASH platform grows and generate more trading volume. Conversely, as the platform grows, more fees will be generated, and more will be paid out, which will make the NEX more attractive to investors.
Currently NASH is undertaking a referral program that is supposed to end by 26th December, 2019. The more number of active tickets an account has, the more chances of winning 30 different prizes totalling $100000 in Bitcoin and $46000 in NEX. The ticket will be activated once the exchange launches and the account is carrying atleast $25 worth of crypto in it. All those interested in making a NASH account would need a referral code. You can use the following link to sign up.
https://nash.io/referrals?code=2p4FGJ
You can otherwise find referral codes on different social media platforms.
By the looks of it, NASH seems to be a game changer in the industry especially with its staking features and killing returns (varying from 25% to 75% depending upon the duration of stake) and its limited supply, it could turn out to be a huge opportunity for investors. That being said, the amount of returns depend on the amount of volume the DEX captures. This calculator gives a slight idea of how the returns may work depending upon the volume compared to other exchanges.
https://nex-calculator.com
Good Luck to all investors!
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https://coincodex.com/article/1607/neon-outlines-nex-staking-returns/