The Scope of $NSTP — The token for the Degens!
The world of investing is changing at a rapid pace. The introduction of Decentralized Finance in the trading and investment world has opened a new avenue for TradFi that offers investors increased utility and opportunity to grow their digital portfolios.
However, the TradFi industry faces serious challenges, such as new and low-scale investors being locked out of high-quality opportunities, and existing asset management infrastructure favours wealthy and institutional investors.
However, Nest aims to make the asset management industry fair for all investors by using a decentralized asset management model. Nest aims to solve the challenges in the crypto investment industry, such as discovering new opportunities and providing a safe and decentralized environment for investors.
While Nest progresses on its aim to make the asset management industry decentralized, NEST Token (NSTP) will be used to keep the project decentralized and community-focused, apart from its other use cases.
NSTP is a utility token based on the Polygon network that is a layer 2 Ethereum protocol chosen because of its high speed and low-cost transactions. Moreover, the scalable network of Polygon with its expansive scope of DeFi functionality makes it the ideal native chain for NSTP.
NSTP Token is a utility token, has a spectrum of use cases within the ecosystem, such as:
- Transaction and trading fees
- Nest subscription fees
- Media buy and advertisement
- Rewards for stakers
- Premium benefits (exclusive access to the best nests)
- Exclusive access to investors & managers community
- NFT drops for holders
- Access to the Metaverse DAO & investing
- Governance of the platform development
- Governance of the DAO fund
NSTP is an ERC20 standard token with a fixed supply of 100 million that enables the variety of services within the ecosystem.
Nest is a multi-chain platform that leverages cutting edge technology and the latest DeFi innovations to offer expert asset management platforms governed by the community. The project’s mission is to streamline crypto financial markets and promote investments by offering an easy-to-use and lucrative platform for asset management.
Nest Protocol is a social-first asset management protocol that helps to create, trade, and manage multi-chain crypto portfolios seamlessly. The project believes that the pace of the crypto market can be overwhelming for investors and simplifies investments by using the collective wisdom of experts to ensure a lucrative growth of multi-chain crypto assets.
Learn more about Nest Protocol at https://www.nestpro.io/.