Hi there, today we will talk again about the Solanium IDO platform and the project, which will be held in several days.
The Solanium platform is a decentralized platform on the Solana blockchain. The platform will introduce decentralized fundraising, time-weighted token staking and governance voting to the Solana ecosystem.
The next project to be held on the Solanium platform is Nova Finance.
What is Nova Finance?
Nova is a programmable asset structure that allows people to access DeFi without the need to acquire complex financial management skills. With the Nova Finance project users can create a portfolio of assets to automatically generate profits through profitability strategies while performing investment strategies such as dollar value averaging, profit taking and more.
This new type of synthetic asset allows cryptocurrency experts to program assets to follow complex investment strategies and create portfolios that less experienced users can follow and invest in.
Functions
The Nova Finance platform has some useful features that can improve the user experience.
Nova Finance MVP is a blockchain-based technology platform that offers tools for experienced users to automate and optimize their asset allocation, as well as the ability to share their asset portfolios with the community. And less experienced users and newbies will be able to participate in these portfolios created by more experienced cryptocurrency investors.
The Nova Finance platform allows users to publish their portfolios in public and thereby generate income from users who use these portfolios and investment strategies.
Any assets in the portfolio will be eligible to participate in the staking program, in which they will receive NOVA tokens as an incentive to support the protocol's activities.
Benefits
Customisation
The nAsset infrastructure provides greater flexibility and mobility to the asset, allowing users to minimize risks and optimize profits. As the protocol evolves, the variety of control types, functionality, and connectivity that the nAsset platform can provide to users will increase.
Composability
The assets minted on the Solana blockchain are in the form of the SPL token standard. This will enable other protocols to easily and quickly accept and use the values stored in the nAsset platform.
Control
The portfolio provides access to a wide range of functions, ensuring that the user has complete autonomy and transparency about their activities. The user can exit the portfolio at any time without any penalties.
Plans for future
The evolution of the Nova Finance Protocol will be driven by corporate governance, user feedback and the evolution of the DeFi ecosystem. In the future the team will provide a number of features and improvements.
Third party integrations
Nova will continue to expand its capabilities to integrate and interoperate with various asset classes, functionality and protocols. It will also increase the availability of other developers to use and interact with the Nova Finance Protocol to enable them to add value to their user base.
Meritocratic Voting
Meritocracy is the belief that the best ideas are supported regardless of their source and origin. Nova protocol solutions will be judged against several common network criteria. The best ideas will receive high scores on value factors and will be prioritized and implemented as soon as possible. People who offer and support the best ideas will be rewarded for their efforts.
Multi-Chain Functionality
The value of the Nova programmable platform is determined by the set of functions and accessibility that can be provided to users. Therefore, it is absolutely imperative that Nova expand support to a wider range of assets and blockchains in order to provide maximum value to its users.
EVM interoperability and deployment will be a major focus in expanding Nova Finance and the assets that support it. However, due to cost constraints and efficiency on certain EVM-compatible chains with choice of chains and available functions to provide a high quality user experience.
Tokenomics
Nova Token is primarily a management-oriented token. The Nova token will play a significant role in the meritocratic governance system. Token holders will be able to create and vote on chain management proposals to determine the future characteristics and parameters of Nova Finance.
Total Supply: 10 million
The distribution of tokens will take place as follows:
Treasury: 23%
Liquidity & Incentives: 31.75%
Team: 10%
Fund Raising: 28.81%
Marketing 4.13%
Advisors: 2.31%
Investors
Registration
Registration for the whitelist is already open, you can apply for participation by connecting your wallet and choose to register in the whitelist. The sale will be held on December 9.
Pool size: 100 000 NOVA
Hadtcap: 200 000 USDC
Token price: 2,00 USDC
Follow Nova Finance:
Website: https://novafinance.app/
Whitepaper: https://novafinance.app/whitepaper/
Telegram: https://t.me/NovaFinanceGroup
Twitter: https://twitter.com/NovaFinance_
Discord: https://discord.gg/FXSAHNcYqw
To participate in token sales, you need to stake at least 100 xSLIM on the platform in order to receive 1 lottery ticket.
Tier 1 - 100 xSLIM - 1 ticket
Tier 2 - 1000 xSLIM - 12 tickets
Tier 3 - 5000 xSLIM - 100 tickets
Tier 4 - 10000 xSLIM - Guaranteed allocation
Tier 5 - 50000 XSLIM - Guaranteed allocation
Also, the Solanium platform makes it possible to obtain 5 social tickets for the lottery by completing several tasks on social networks. Please use my refferal link: https://usnd.to/d433
Conclusion
In conclusion, I would like to say that the Nova Finance project looks very promising and interesting, as it will provide a quick and easy user interaction with the DeFi world. The platform is developed on the Solana blockchain, which immediately gives it an advantage over competitors for its speed and low fees. I think the project will have a great success among users.
I hope my review was useful for you. Thank you all for your attention and see you soon!
Follow Solanium:
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