About Nested Airdrop
Nested Airdrop allows users to put many tokens (up to twelve) into a unique non-fungible token (NFT) known as a Nested portfolio. At the end of the creation process, the user receives an NFT that represents all the user’s holdings. Each NFT issued on Nested is then backed by the underlying assets and their real market value.
Nested has already confirmed to launch an own token called “NST” and confirmed to do an airdrop of 2,625,000 NST to the early users of the platform. Creating or joining a portfolio may make you eligible for an airdrop once they launch their token.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| Binance Smart Chain | 2,625,000 NST | Unlimited | Click Here To Visit |
Tokenomics
NST is the Nested platform’s native token. Nested Airdrop NST is primarily a utility token designed to facilitate and incentivize the decentralized governance of the protocol. It is also meant to boost the user experience by unlocking unique features such as a discount on platform fees. Each quarter, a part of the platform’s profit is used to buy back NST tokens in the market. Those tokens, or a part of those tokens, will either be burned or added back to a locked reserve for a fixed period. Those figures are not fixed and can evolve.
Use cases
- Staking rewards Users can stake NST tokens and receive blockly airdrop rewards from the ecosystem’s reserve. This mechanism incentivizes users to hold their NST tokens and participate in our decentralized governance.
- Governance Stakers of NST can change Nested platform parameters as well as vote and submit proposals to improve Nested Protocol. Governance will be live at Rubik launch.
- Liquidity providers (in the first 6 to 18 months) By locking their ETH-NST and USDC-NST liquidity provider (LP) tokens, those holding LP tokens stand to receive blockly airdrop rewards taken from the reserve. This mechanism will enable bootstrapping the liquidity of NST tokens across the DeFi ecosystem during the first months after the launch.
- VIP tiers NST token stakers stand to get a discount on Nested platform fees.
- Premium contents NST token stakers can access some premium portfolios of assets from the best traders.
- Tips Users will be able to tip other users in NST tokens.
Why do we use NFTs?
- Portfolios are as unique as Jack Dorsey’s tweets
An Nested Airdrop represents ownership of a non-fungible asset. Investment portfolios are unique strategies or customizable financial products. The best way to tokenize them is as NFTs. The main difference between Uniswap V2 and V3 is the latter’s ability to support the tokenization of liquidity providers as NFTs. The move must have been informed by the fact that a liquidity provider determines every feature of their strategy (price ratio, fees, etc.). In other words, each liquidity provider token becomes a non-fungible, unique, and even a personal financial product.
- If your portfolio and mine are fungible, you won’t mind swapping yours with mine?
It is illogical to represent portfolios as ERC-20 tokens. ERC-20 tokens represent the ownership of standardized products. While users can replicate the portfolios of others on Nested, at any time, they can update the contents of their portfolios. This makes it diverge or become dissimilar from the one it was copied from.If we had represented those two portfolios in the form of ERC-20 tokens. These tokens would need to have the same underlying assets at all times. There will be a discrepancy between the two portfolios when they diverge.