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Gate.io will Distribute NAX Airdrop and Enable NAX Trading Service

2019-11-07 16:36:06Read:31994

NAX Airdrop for NAS Users and NAX PoS & Earn


NAX is the governance token for Nebulas community and eco, which can only be obtained by dStaking NAS. Gate.io will distribute a total amount of 8 million NAX airdrop to users who hold over 100 NAS. The distribution amount will be calculated based on the NAS balance snapshot (including the amount in the MAKER orders and asset management tools) at UTC 3:00, November 8, 2019. Users who wish to obtain NAX airdrop can deposit NAS to Gate.io before the snapshot.

In the meantime, Gate.io will launch NAX PoS & Earn on Gate.io HODL & Earn. Web Users can use the link to purchase - https://www.gate.io/hodl/30 , while app users can use HODL & Earn.


NAX Trading Service


To provide more convenient trading services for users, Gate.io will open the NAX/ETH trading pairs at UTC 4:00, November 8, 2019.

Please note that the current liquidity of NAX is low and more NAX will be generated by dStaking NAS. Therefore, the circulation supply will be inflated and the price of NAX may see some pullbacks and volatilities. Please be aware of the market risk and place investment cautiously.

Deposit NAX at: https://www.gate.io/myaccount/deposit/NAX
Trade NAX at: https://www.gate.io/trade/NAX_ETH

Introduction to NAX


1. Introduction
NAX is the governance token for Nebulas community and eco. It’s issued by a fair and transparent way. No initial fund, no token sale and no team reserve. It’s the governance token dedicated designed for Nebulas community and eco, issued by dStaking, allow everyone in the community to participate into the public chain governance.

Official Website: https://nextdao.io/zh
White Paper: https://nextdao.io/static/docs/nax_whitepaper_zh.pdf
Block Explorer: https://explorer.nebulas.io/#/

2. Token Metrics

(1) Token symbol: NAX
(2) Max supply: 10,000,000,000
(3) Circ. Supply: 200,000,000
(4) Token type: NRC20
(5) Decimal places: 18
(6) Price of Token: 1NAX=¥0.03
(7)Token economic model: dStaking as mining
(8) Token reserve: no token reserved, all the NAX token can only be gained by dStaking NAS
(9) Token allocation: 95% issued to users based on dStaking, 5% allocated to NAX

3. Recent news:
August 21, 2019 – Released Whitepaper
September 3, 2019 – Launched NAX Flash Token Issuance, with soft limit 20K & max issuance 300M
Septermber 11, 2019 – Launched dStaking and tarts issuing NAX
Septermber 29, 2019 – held NAX vote to decide on the 1M NAS community reserve token burn
October 18, 2019 – held NAX vote on 2 proposals: 1) 34M NAS community reserve token burn; 2) The future of NAT
November 4, 2019 – held NAX vote on 2 proposals: 1) DPoS transaction income adjustment; 2) unswapped NAS token burn


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Gate.io
November 7, 2019