The Nexum Token presale has already started. The presale is scheduled to continue from 1st of March till 15th of March. Do not miss your chance to join the revolution.
NEXUM is a new generation of cryptocurrency based on a reflection mechanism that rewards ALL holders with constant rewards while they simply hold it in their wallets.
NEXUM is focused on the future, thus our vision is set on investment projects in the sphere of renewable sources of energy. Our ambition is to disrupt the fossil fuel market using innovative technology combined with a decentralised blockchain system.
NEXUM holders are granted dividends on a yearly basis – the more you hold the higher your return. The best part? This is stable, with a constant APY percentage.
Introduction
Decentralized finance is made possible by using decentralized exchanges in collaboration with liquidity pool smart contracts. For any token on the smart chain to have an availability to be swapped on a decentralized exchange, it must have an available liquidity pool of tokens for swapping. The challenge remains on how to properly incentivize users to keep such liquidity pools maintained.
Recognizing this, developers have attempted to satisfy these conditions by using various tokenomic structures with incentives for the user to supply liquidity into the pools. An automatic liquidity acquisition can be featured as an alternative solution compared against the traditional “farming reward” structure. An automatic liquidity acquisition function where users are offered rewards (via reflection) in lieu of traditional farming rewards.
These reflections would act to distribute tokens proportional to volume, and could thus provide a more reasonable incentive for holding. Although reflection and automatic liquidity acquisition may contribute to stability, an inherent burn which can achieve token scarcity with a depreciating token supply. The combination of these tokenomics seeks to eliminate the flaws of various predecessors, while providing useful incentives for use case and adoption. Effectively, any application that is added with these smart contract functions could have the effect of amplifying Nexum’s tokenomics.
Nexum: A Deflationary Reflection Token
A reflection mechanism can be defined as a process in which tokens act as a self-generating mechanism for their holders. As every transaction is taxed you receive tokens automatically simply by holding the token. The reflection mechanism was developed with the hopes of transforming the concept of yield generation in the DeFi ecosystem.
How it works
Nexum token use a static reward system, which means that every transaction made with our token is ‘taxed’. This means that a percentage is added to a liquidity pool for every transaction, and another portion is set aside for redistribution among token holders. As a result, the value of these tokens is self-generating and aims to promote a ‘hold and earn’ culture, which reduces selling pressure. The reflection mechanism is accomplished through smart contracts, which automate the token redistribution, and all those holders need to do is manage the wallet in which their tokens are stored.
About Nexum Token
Nexum has a total supply of 1,000,000,000 (1 billion). The presale supply is 300,000,000 (300 million). Three simple functions occur during each trade:
- Reflections – 3% is redistributed to all existing holders.
- LP Acquisition – 5% is added to liquidity.
- Growth Fund – 2% is added to the Nexum’s Infrastructure – Marketing & Operations.
Learn more about Nexum Token:
Official website: https://nexumtoken.com
Whitepaper: https://nexumtoken.com/whitepaper
Community & Social Media:
Facebook – https://www.facebook.com/NexumToken
Twitter – https://twitter.com/NexumToken
Telegram – https://t.me/thenexumtoken
Instagram – https://www.instagram.com/nexum_token/
Discord – https://discord.gg/5yUAEuKYFZ
