There are a lot of projects that help you to invest your valuable money. But I am going to tell you about The Nebula Protocol is a community-driven, fairly launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.
Blockchain Overview
1. A blockchain is a database that stores encrypted blocks of data then chains them together to form a chronological single-source-of-truth for the data
2. Digital assets are distributed instead of copied or transferred, creating an immutable record of an asset
3. The asset is decentralized, allowing full real-time access and transparency to the public
4. A transparent ledger of changes preserves the integrity of the document, which creates trust in the asset.
5. Blockchain’s inherent security measures and public ledger make it a prime technology for almost every single sector
Functions of Nebula
Let’s take a closer look at what each of these functions entails:
● Reflection: A purchase, sale or transfer incurs a 2% fee, which goes directly to each user who holds their tokens, in proportion to their holdings with respect to the total subminister.
● LP Acquisition: Each purchase/sale goes through an automatic liquidity generation of 6% to sustain the passive yield and give balance and stability to the token. The idea is that the token becomes a locked liquidity token and remains permanently as LP.
● Burn: the platform collects 2% of the fees on each transaction. This allows the supply to decrease with higher trading volume, which introduces more scarcity and buying pressure into the ecosystem.
Tokenomics
Tokenomics is the study of how cryptocurrencies work within the broader ecosystem. This includes such things as token distribution as well as how they can be used to incentivize positive behaviour in the network. Cryptocurrency has changed this. Individuals can create their own micro-economies
● Total Supply: 838,437 and decreasing
● 2 % Redistribution Tax on every Transaction
● 2 % Burn on every Transaction
● 6 % Liquidity Generation Tax on every Transaction
● 70,000 Limit per Transaction
Why Nebula?
● Fair Launched — Community-driven & Fair Launched. Initial liquidity provided by the team and locked for 6 months
● Automatic LP — Every trade contributes toward automatically generating liquidity inside PancakeSwap LP.
● Static Reward — Holders earn passive rewards through static reflection as they watch their balance of SNBL grow indefinitely.
● Deflationary — Contract verified and published on Binance Smart Chain.
Nebula Token
The Nebula token is driven by the community. In the first instance, the team provides initial liquidity on a blockchain basis for a period of six months. Meanwhile, every transaction, whether buying, selling, staking, or otherwise, generates liquidity in the Pancakeswap Liquidity Pool. Token holders are thus passively rewarded by the transaction fee that is distributed. The smart contract that the team created to avoid the ability to remove all liquidity at once is an important and eye-catching feature. The token is blocked for a set period of time thanks to this contract. The restriction will remain in place until it is completed.
Focusing on Nebula’s performance aggregator and NFT marketplace, Nebula aims to make, as the word seems, a wonderfully mysterious fuzzy astronomical object by being a new protocol that adds features to existing DeFi systems.so, let’s take this advantage.
Visite to know more;
Website: https://nebulaprotocol.org
Github: https://github.com/TechRate/Smart-Contract-Audits/blob/main/SafeNebula.pdf
Telegram: https://t.me/safenebula
Facebook: https://www.facebook.com/nebulasnbl
Twitter: https://twitter.com/safe_nebula
Author
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5339690.msg57148447#msg57148447
Forum Username: jorina_006
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2171158
BSC Wallet Address: 0xe2fDd295E95D81649D336d707C0191D5464d08C9