2020.10.16~2020.10.23 $NEST Weekly Revenue:
Total revenue of NEST system this week: 1364.1483 ETH
System revenue savings contract: 172.8296 ETH
NEST holder revenue distribution: 1191.3187 ETH
One million NEST holds revenue: 0.677 #ETH
10K NEST holds revenue: 0.00677 #Ethereum
Topic: NEST Protocol (NEST) - a decentralized price oracle based on Ethereum. - page 4. (Read 1783 times)
October 23, 2020, 02:29:06 PM
October 20, 2020, 02:53:50 PM
nYFI Staking Income in NEST Protocol: Sustainable DeFi with High APR
It has been three weeks since YFI-ETH price oracle launched on NEST Protocol. The following chat is a summary of weekly APR calculation of nYFI’ staking income.
Image for post
Summary of nYFI staking weekly APR Calculation
From the first day YFI price oracle was created on NEST Protocol, nYFI has seen tremendous growth in the APR returns for the token stakers. Compared to other flagship DeFi protocols, which only get ~10%-20% APR maximum, nYFI’s staking income has consistent high APR percentage which is sustainable.
For those of you that are new here, each price oracle feed on NEST is produced by a mechanism called “quote mining”, where the miners are rewarded an “nToken” corresponding to the price oracle asset. Once you mine the “nToken”, the best way to earn more rewards is staking them for a weekly ETH income every Friday.
For example, after quote mining YFI-ETH pair, you will be rewarded with nYFI tokens. Or you can also buy it from Uniswap: https://info.uniswap.org/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
Then the most important step: after earning nYFI tokens through quote mining YFI-ETH, you can stake it through nestdapp.io, and receive weekly ETH income every Friday.
It has been three weeks since YFI-ETH price oracle launched on NEST Protocol. The following chat is a summary of weekly APR calculation of nYFI’ staking income.
Image for post
Summary of nYFI staking weekly APR Calculation
From the first day YFI price oracle was created on NEST Protocol, nYFI has seen tremendous growth in the APR returns for the token stakers. Compared to other flagship DeFi protocols, which only get ~10%-20% APR maximum, nYFI’s staking income has consistent high APR percentage which is sustainable.
For those of you that are new here, each price oracle feed on NEST is produced by a mechanism called “quote mining”, where the miners are rewarded an “nToken” corresponding to the price oracle asset. Once you mine the “nToken”, the best way to earn more rewards is staking them for a weekly ETH income every Friday.
For example, after quote mining YFI-ETH pair, you will be rewarded with nYFI tokens. Or you can also buy it from Uniswap: https://info.uniswap.org/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
Then the most important step: after earning nYFI tokens through quote mining YFI-ETH, you can stake it through nestdapp.io, and receive weekly ETH income every Friday.
October 19, 2020, 03:17:42 PM
Liquidity Mining on nYFI, from NEST Protocol
This is a tightly scoped experiment
NestFAN(US) will offer liquidity rewards on one specific pool for a flexible period of time. The goal of doing so is to understand how effective liquidity mining is in achieving these two goals:
Bootstrapping liquidity. In order to do this effectively, the NestFAN(US) needs to understand how the market will respond to incentives.
Distributing $NEST tokens to people who will contribute to NEST protocol’s new YFI/ETH quote mining pool by provide liquidity for nYFI on UniSwap (P.S YFI/ETH quote miners are rewarded with $nYFI). Some token movement is healthy but ideally the majority of tokens go into the right hands the first time.
The Details of the Event
NestFAN(US) will grant $NEST rewards to users who contribute to the nYFI/USDT pool on UniSwap.
The event is ~6 weeks, with a distribution of 777,777 $Nest token in total.
One specific nYFI-USDT pool is whitelisted for rewards: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
Rewards (equal to 3% of the total liquidity of the specific pool) will be distributed weekly via airdrop without lockups or restrictions, proportional to the amount of liquidity provided.
The biggest $nYFI liquidity provider will receive an extra 1% of the total liquidity of the specific pool
The $nYFI liquidity provider who provides the closest number to the average LP contribution amount will win 1% of the Total Liquidity of the specific pool.(P.S. average LP contribution amount=total liquidity amount divided by number of liquidity providers)
Rewards tallying began at 12:00 UTC+8 on Oct 16. The first week of rewards are summed after 23:00 UTC+8 on Oct 18, and continue at that weekly cadence on Mondays.
The address holding the UniSwap V2 LP Token for this pool will receive the rewards. The UniSwap V2 LP Token Address:(https://etherscan.io/token/0xc19dedaba0aba080b73f4ba54b727259bbf26973#balances)
How to Participate
To participate, you need to provide USDT and nYFI to this UniSwap pool: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
NestFan(US) hopes everyone enjoys this liquidity mining event while keep quote mining your favourite pair
This is a tightly scoped experiment
NestFAN(US) will offer liquidity rewards on one specific pool for a flexible period of time. The goal of doing so is to understand how effective liquidity mining is in achieving these two goals:
Bootstrapping liquidity. In order to do this effectively, the NestFAN(US) needs to understand how the market will respond to incentives.
Distributing $NEST tokens to people who will contribute to NEST protocol’s new YFI/ETH quote mining pool by provide liquidity for nYFI on UniSwap (P.S YFI/ETH quote miners are rewarded with $nYFI). Some token movement is healthy but ideally the majority of tokens go into the right hands the first time.
The Details of the Event
NestFAN(US) will grant $NEST rewards to users who contribute to the nYFI/USDT pool on UniSwap.
The event is ~6 weeks, with a distribution of 777,777 $Nest token in total.
One specific nYFI-USDT pool is whitelisted for rewards: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
Rewards (equal to 3% of the total liquidity of the specific pool) will be distributed weekly via airdrop without lockups or restrictions, proportional to the amount of liquidity provided.
The biggest $nYFI liquidity provider will receive an extra 1% of the total liquidity of the specific pool
The $nYFI liquidity provider who provides the closest number to the average LP contribution amount will win 1% of the Total Liquidity of the specific pool.(P.S. average LP contribution amount=total liquidity amount divided by number of liquidity providers)
Rewards tallying began at 12:00 UTC+8 on Oct 16. The first week of rewards are summed after 23:00 UTC+8 on Oct 18, and continue at that weekly cadence on Mondays.
The address holding the UniSwap V2 LP Token for this pool will receive the rewards. The UniSwap V2 LP Token Address:(https://etherscan.io/token/0xc19dedaba0aba080b73f4ba54b727259bbf26973#balances)
How to Participate
To participate, you need to provide USDT and nYFI to this UniSwap pool: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
NestFan(US) hopes everyone enjoys this liquidity mining event while keep quote mining your favourite pair
October 16, 2020, 03:02:17 PM
2020.10.09~2020.10.16 $NEST Weekly Revenue:
Total revenue of NEST system this week: 1677.5468 ETH
System revenue savings contract: 235.5093 ETH
NEST holder revenue distribution: 1442.0375 ETH
One million NEST holds revenue: 0.82351 #ETH
10K NEST holds revenue: 0.0082351 #ETH
Total revenue of NEST system this week: 1677.5468 ETH
System revenue savings contract: 235.5093 ETH
NEST holder revenue distribution: 1442.0375 ETH
One million NEST holds revenue: 0.82351 #ETH
10K NEST holds revenue: 0.0082351 #ETH
October 15, 2020, 02:45:04 PM
Liquidity Mining on nYFI, from NEST Protocol
NestFAN(US) (the Community supporting NEST Protocol ecosystem growth),has launched the $nYFI Liquidity Mining.
This is a tightly scoped experiment
NestFAN(US) will offer liquidity rewards on one specific pool for a flexible period of time. The goal of doing so is to understand how effective liquidity mining is in achieving these two goals:
Bootstrapping liquidity. In order to do this effectively, the NestFAN(US) needs to understand how the market will respond to incentives.
Distributing $NEST tokens to people who will contribute to NEST protocol’s new YFI/ETH quote mining pool by provide liquidity for nYFI on UniSwap (P.S YFI/ETH quote miners are rewarded with $nYFI). Some token movement is healthy but ideally the majority of tokens go into the right hands the first time.
The Details of the Event
NestFAN(US) will grant $NEST rewards to users who contribute to the nYFI/USDT pool on UniSwap.
The event is ~6 weeks, with a distribution of 777,777 $Nest token in total.
One specific nYFI-USDT pool is whitelisted for rewards: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
Rewards (equal to 3% of the total liquidity of the specific pool) will be distributed weekly via airdrop without lockups or restrictions, proportional to the amount of liquidity provided.
The biggest $nYFI liquidity provider will receive an extra 1% of the total liquidity of the specific pool
The $nYFI liquidity provider who provides the closest number to the average LP contribution amount will win 1% of the Total Liquidity of the specific pool.(P.S. average LP contribution amount=total liquidity amount divided by number of liquidity providers)
Rewards tallying began at 12:00 UTC+8 on Oct 16. The first week of rewards are summed after 23:00 UTC+8 on Oct 18, and continue at that weekly cadence on Mondays.
The address holding the UniSwap V2 LP Token for this pool will receive the rewards. The UniSwap V2 LP Token Address:(https://etherscan.io/token/0xc19dedaba0aba080b73f4ba54b727259bbf26973#balances)
How to Participate
To participate, you need to provide USDT and nYFI to this UniSwap pool: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
NestFan(US) hopes everyone enjoys this liquidity mining event while keep quote mining your favourite pair
NestFAN(US) (the Community supporting NEST Protocol ecosystem growth),has launched the $nYFI Liquidity Mining.
This is a tightly scoped experiment
NestFAN(US) will offer liquidity rewards on one specific pool for a flexible period of time. The goal of doing so is to understand how effective liquidity mining is in achieving these two goals:
Bootstrapping liquidity. In order to do this effectively, the NestFAN(US) needs to understand how the market will respond to incentives.
Distributing $NEST tokens to people who will contribute to NEST protocol’s new YFI/ETH quote mining pool by provide liquidity for nYFI on UniSwap (P.S YFI/ETH quote miners are rewarded with $nYFI). Some token movement is healthy but ideally the majority of tokens go into the right hands the first time.
The Details of the Event
NestFAN(US) will grant $NEST rewards to users who contribute to the nYFI/USDT pool on UniSwap.
The event is ~6 weeks, with a distribution of 777,777 $Nest token in total.
One specific nYFI-USDT pool is whitelisted for rewards: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
Rewards (equal to 3% of the total liquidity of the specific pool) will be distributed weekly via airdrop without lockups or restrictions, proportional to the amount of liquidity provided.
The biggest $nYFI liquidity provider will receive an extra 1% of the total liquidity of the specific pool
The $nYFI liquidity provider who provides the closest number to the average LP contribution amount will win 1% of the Total Liquidity of the specific pool.(P.S. average LP contribution amount=total liquidity amount divided by number of liquidity providers)
Rewards tallying began at 12:00 UTC+8 on Oct 16. The first week of rewards are summed after 23:00 UTC+8 on Oct 18, and continue at that weekly cadence on Mondays.
The address holding the UniSwap V2 LP Token for this pool will receive the rewards. The UniSwap V2 LP Token Address:(https://etherscan.io/token/0xc19dedaba0aba080b73f4ba54b727259bbf26973#balances)
How to Participate
To participate, you need to provide USDT and nYFI to this UniSwap pool: https://info.uniswap.org/pair/0xc19dedaba0aba080b73f4ba54b727259bbf26973
NestFan(US) hopes everyone enjoys this liquidity mining event while keep quote mining your favourite pair
October 14, 2020, 03:27:52 PM
nYFI Staking Income in NEST Protocol: Sustainable DeFi with High APR
It has been three weeks since YFI-ETH price oracle launched on NEST Protocol. The following chat is a summary of weekly APR calculation of nYFI’ staking income.
From the first day YFI price oracle was created on NEST Protocol, nYFI has seen tremendous growth in the APR returns for the token stakers. Compared to other flagship DeFi protocols, which only get ~10%-20% APR maximum, nYFI’s staking income has consistent high APR percentage which is sustainable.
For those of you that are new here, each price oracle feed on NEST is produced by a mechanism called “quote mining”, where the miners are rewarded an “nToken” corresponding to the price oracle asset. Once you mine the “nToken”, the best way to earn more rewards is staking them for a weekly ETH income every Friday.
For example, after quote mining YFI-ETH pair, you will be rewarded with nYFI tokens. Or you can also buy it from Uniswap: https://info.uniswap.org/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
Then the most important step: after earning nYFI tokens through quote mining YFI-ETH, you can stake it through nestdapp.io, and receive weekly ETH income every Friday.
It has been three weeks since YFI-ETH price oracle launched on NEST Protocol. The following chat is a summary of weekly APR calculation of nYFI’ staking income.
From the first day YFI price oracle was created on NEST Protocol, nYFI has seen tremendous growth in the APR returns for the token stakers. Compared to other flagship DeFi protocols, which only get ~10%-20% APR maximum, nYFI’s staking income has consistent high APR percentage which is sustainable.
For those of you that are new here, each price oracle feed on NEST is produced by a mechanism called “quote mining”, where the miners are rewarded an “nToken” corresponding to the price oracle asset. Once you mine the “nToken”, the best way to earn more rewards is staking them for a weekly ETH income every Friday.
For example, after quote mining YFI-ETH pair, you will be rewarded with nYFI tokens. Or you can also buy it from Uniswap: https://info.uniswap.org/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
Then the most important step: after earning nYFI tokens through quote mining YFI-ETH, you can stake it through nestdapp.io, and receive weekly ETH income every Friday.
October 13, 2020, 04:41:08 PM
Start liquidity mining on CoFiXProtocol the most efficient AMM DEX, built for #DeFi.
Powered by NEST Oracle, it is backed by industry leaders dragonfly_cap and coinbaseVentures.
Powered by NEST Oracle, it is backed by industry leaders dragonfly_cap and coinbaseVentures.
October 12, 2020, 05:35:30 PM
NEST is very proud to join Asia DeFi Alliance (ADA) , and we will collaborate closely with the alliance and other members to promote the healthy growth of Decentralized Finance and the mass adoption of DeFi.
About Asia DeFi Alliance (ADA)
Asia DeFi Alliance (ADA) was launched by MoonSwap in collaboration with leading blockchain and DeFi institutions including OKLink, BlockGlobe, Loopring, NEST, dForce, Fortube, DeFiner, Golff, etc. Together with leading Asian DeFi projects and DeFi-related blockchain enterprises, ADA aims to bridge Asian DeFi community with the world, become the major DeFi evangelist, promote the study and discussion of the industry as well as the mass adoption of DeFi. ADA strives to push the creation of a complete DeFi ecosystem, leading DeFi to grow in a more healthy way
About Asia DeFi Alliance (ADA)
Asia DeFi Alliance (ADA) was launched by MoonSwap in collaboration with leading blockchain and DeFi institutions including OKLink, BlockGlobe, Loopring, NEST, dForce, Fortube, DeFiner, Golff, etc. Together with leading Asian DeFi projects and DeFi-related blockchain enterprises, ADA aims to bridge Asian DeFi community with the world, become the major DeFi evangelist, promote the study and discussion of the industry as well as the mass adoption of DeFi. ADA strives to push the creation of a complete DeFi ecosystem, leading DeFi to grow in a more healthy way
October 11, 2020, 01:28:16 PM
We are launching CoFiX!
https://medium.com/cofix/we-are-launching-cofix-95d7c056ec63
https://medium.com/cofix/we-are-launching-cofix-95d7c056ec63
October 09, 2020, 03:37:11 PM
2020.10.02-10.09 $nYFI Weekly Revenue:
Total revenue of nYFI Oracle system this week: 238.1033 #ETH
System revenue savings contract: 23.8103ETH
nYFI holder revenue #distribution: 214.2929ETH
10,000 nYFI holds revenue: 2.9470 ETH
1,000 nYFI holds revenue: 0.2947 #Ethereum
Total revenue of nYFI Oracle system this week: 238.1033 #ETH
System revenue savings contract: 23.8103ETH
nYFI holder revenue #distribution: 214.2929ETH
10,000 nYFI holds revenue: 2.9470 ETH
1,000 nYFI holds revenue: 0.2947 #Ethereum
October 07, 2020, 02:07:11 PM
Nest Protocol ( $NEST ) is now on DeFi Swap!
https://blog.crypto.com/nest-on-defi-swap/
NEST Protocol (NEST) is now available on DeFi Swap. Users can swap NEST, be NEST Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.
NEST Protocol is a distributed price oracle network that is on the Ethereum mainnet. It uses a unique "quotation mining" mechanism to ensure that off-chain price facts are generated on the chain synchronously. NEST Protocol provides price data that is directly generated on the chain, which solves the industry problem of a lack of price facts on the blockchain.
NEST joins a growing list of tokens on DeFi Swap, such as REN (REN), UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO).
Start swapping, farming and staking now.
https://blog.crypto.com/nest-on-defi-swap/
NEST Protocol (NEST) is now available on DeFi Swap. Users can swap NEST, be NEST Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO.
NEST Protocol is a distributed price oracle network that is on the Ethereum mainnet. It uses a unique "quotation mining" mechanism to ensure that off-chain price facts are generated on the chain synchronously. NEST Protocol provides price data that is directly generated on the chain, which solves the industry problem of a lack of price facts on the blockchain.
NEST joins a growing list of tokens on DeFi Swap, such as REN (REN), UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO).
Start swapping, farming and staking now.
October 02, 2020, 12:51:39 PM
25/09/2020~02/10/2020
Total #revenue of NEST system this week: 1582.3496 ETH
System revenue savings contract: 216.4699 ETH
NEST holder revenue distribution: 1365.8797 ETH
One million NEST holds revenue: 0.7898 #ETH
10K NEST holds revenue: 0.007898 #ETH
Total #revenue of NEST system this week: 1582.3496 ETH
System revenue savings contract: 216.4699 ETH
NEST holder revenue distribution: 1365.8797 ETH
One million NEST holds revenue: 0.7898 #ETH
10K NEST holds revenue: 0.007898 #ETH
October 01, 2020, 01:15:59 PM
William WANG, [01.10.20 14:09]
705% APY currently on $nYFI #quotemining.
207 ETH pool for weekly dividend for $nYFI holders.
Join in on the hottest DeFi protocol now at: https://nestdapp.io/
$nYFI Uniswap link: https://uniswap.info/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
705% APY currently on $nYFI #quotemining.
207 ETH pool for weekly dividend for $nYFI holders.
Join in on the hottest DeFi protocol now at: https://nestdapp.io/
$nYFI Uniswap link: https://uniswap.info/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
September 30, 2020, 02:41:08 PM
The second Decay countdown for $NEST Mining block rewards:
https://nestfans.com/nest/stat
https://nestfans.com/nest/stat
September 29, 2020, 03:51:09 PM
cofix webite: https://cofix.io/
CoFi: Computable Finance
The public blockchain chain can eliminates the risk of credit, #NEST #Oracle brings a quantifiable information source on the chain and computable financial products can be designed
CoFi: Computable Finance
The public blockchain chain can eliminates the risk of credit, #NEST #Oracle brings a quantifiable information source on the chain and computable financial products can be designed
September 28, 2020, 03:13:54 PM
Nest Protocol Quote Mining Guide
https://medium.com/nest-consensus-labs/nest-protocol-quote-mining-guide-5f67348a9b3f
https://medium.com/nest-consensus-labs/nest-protocol-quote-mining-guide-5f67348a9b3f
September 25, 2020, 02:28:15 PM
2020.9.18-9.25 $NEST Weekly Revenue:
Total income of NEST system this week: 1014.6905 #ETH
System income savings contract: 102.9381ETH
NEST holder income #distribution: 911.7524 ETH
One million NEST holds income: 0.5315 ETH
Total income of NEST system this week: 1014.6905 #ETH
System income savings contract: 102.9381ETH
NEST holder income #distribution: 911.7524 ETH
One million NEST holds income: 0.5315 ETH
September 24, 2020, 05:18:28 PM
BigONE will open NEST (NEST Protocol) trading and launch NEST / USDT trading pair
https://support.bigonechina.com/hc/en-us/articles/900002849923-BigONE-will-open-NEST-NEST-Protocol-trading-and-launch-NEST-USDT-trading-pair
https://support.bigonechina.com/hc/en-us/articles/900002849923-BigONE-will-open-NEST-NEST-Protocol-trading-and-launch-NEST-USDT-trading-pair
September 24, 2020, 05:11:15 PM
Quote miners from #NEST
Providing liquidity for nYFI/USDT pair in #uniswapUnicorn
For those who are too lazy to #quotemining
Check out this link:
https://uniswap.info/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
(Notice: For Uniswap NToken0031 is nYFI)
Contract Address: 0x075190c6130EA0a3A7E40802F1D77F4Ea8f38fE2
Providing liquidity for nYFI/USDT pair in #uniswapUnicorn
For those who are too lazy to #quotemining
Check out this link:
https://uniswap.info/token/0x075190c6130ea0a3a7e40802f1d77f4ea8f38fe2
(Notice: For Uniswap NToken0031 is nYFI)
Contract Address: 0x075190c6130EA0a3A7E40802F1D77F4Ea8f38fE2
September 23, 2020, 03:52:52 PM
NEST Web is Live Now ⛏️
Start quote mining your $nYFI here👉 http://nestdapp.io
#quotemining $YFI $NEST $ETH
Quote mining is a revolutionary new form of staking that is similar to liquidity mining — where users stake assets and receive ecosystem tokens as reward. 🧑🌾
Start quote mining your $nYFI here👉 http://nestdapp.io
#quotemining $YFI $NEST $ETH
Quote mining is a revolutionary new form of staking that is similar to liquidity mining — where users stake assets and receive ecosystem tokens as reward. 🧑🌾
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