NUTBOX DECENTRALIZED PROTOCOL

pona (50)in #nutbox • 2 years ago

WHAT IS NUTBOX? Website
Nutbox is a decentralized protocol that enables staking airdrops and a decentralized application toolkit which includes DeFi, community blogging, and community governance, among other things. The Nutbox assisted the community in establishing a communal token economy based on "Staking +DeFi."

OVERVIEW
The Nutbox blockchain, which is based on Substrate, serves as the company's mainframe. It will pair up with Polkadot and become a part of its chain. TokenFactory (to provide generating-community-token function), Staking Airdrop (to provide staking-yield-mining function), Farming (to provide liquidity-yield-farming function), DutchAuction (to provide Dutch-auction function), Goverance (to provide community-goverance function), and DApp launcher are among Nutbox's smart contracts.
With the constant improvement of DeFi technology, anybody with hundreds of lines of code can provide clients with decentralized financial services. The PoS chain's Staking reward and Liquidity Staking token offer up new application possibilities.
Liquidity the "Staking + DeFi" combination is achievable because to the Staking token. Non-technical founders can just use Nutbox to collect revenue for their community while also delivering "Staking + DeFi" services.

Staking rewards for NUTBOX USERS Website
Nutbox delivers two basic services based on the Staking reward and Liquidity Staking token of the PoS consensus blockchain:

Airdrop service for staking;
Liquidity Staking Token Service
To gather funds for the community, the project founder can use the "code-free" interface to build a pledge mining and distribution community token (cToken) contract. Nutbox is also building a Donut protocol cross-chain bridge between Steem and Polkadot.
The Liquidity Staking token platform allows the PoS consensus blockchain's Staking assets to be disseminated in the format of voidable vouchers (pledged asset liquidity tokens, tToken), and use tToken to build transactions, lending, derivatives, and synthesis.

tToken's usefulness
The tToken is a standardized asset voucher that may be used across several communities. Only one sort of coucher token, such as tDOT or tETH, will be used to represent any specific type of staking token, such as DOT or ETH.

This model enables all communities to share the same staking asset pools, increasing the liquidity and value of vouchers, minimizing liquidity risks, and enhancing community member experiences.

NUTBOX STAKING AIRDROP Website
Staking Airdrop is a whole new way of token distribution. In a typical ICO, the project creator persuades investors to purchase a new token all at once; in a Staking Airdrop, the project founder persuades investors to preserve staking assets at the coin-offering institute and purchase a new token with staking incentives.
Staking Airdrop is a fascinating invention because of the staking reward. Staking Airdrop protocol allows non-technical project founders to issue project tokens (community Token, “cToken”) on the blockchain and distribute them according to distribution criteria.
Users can earn cToken by pledging PoS chain assets to the project's on-chain nodes (voting, proxy, etc.). The project party will receive the Staking reward. Staking Airdrop, as a method of funding cryptocurrency initiatives, can also tackle some of the difficulties that have plagued the industry in the past, such as a lack of accountability and liquidity, as well as an imperfect price diStaking Airdropvery mechanism during the token launch Stage . Website