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The nHBTC (NHBTC) is a token operating on the NEST Protocol, a decentralized martingale network for trading with smart contracts. Unlike traditional trading systems, the NEST Protocol eliminates the need for market makers and liquidity providers, offering traders practically infinite liquidity through risk sharing. The protocol also provides a stable decentralized price stream through its NEST Oracle, which requires a majority ownership of network assets to manipulate prices. Additionally, the protocol has a deflationary economic model where users burn NEST tokens to purchase financial assets, causing the price of NEST to rise.
Within the NEST Protocol ecosystem, the native token is the $NEST token, listed on over 15 exchanges, allowing users to access and participate in the protocol. The ecosystem also includes services such as NEST Fi, a decentralized perpetual exchange, and Cyber Ink, a collection of 10,000 NFTs that unlock NEST Fi membership and benefits. NEST Craft is another component that utilizes martingale functions similar to the Ethereum virtual machine, enabling anyone to create NEST-based apps. The NEST community prioritizes decentralization and innovation, continually upgrading and expanding the protocol’s capabilities.
The NEST Protocol has been widely recognized for its innovative approach to decentralized trading and oracles. It has garnered a strong user base, with over one million community members joining the protocol. The protocol has also received attention from notable institutions such as Coinbase, which announced the planned listing of tokens and added $NEST to its experimental asset label. Furthermore, the protocol’s RSS feed has been integrated with Crypto.com’s NEST Price Page, providing users with direct access to NEST price information. With its continual growth and integration with multiple platforms, NEST Protocol is poised to redefine the paradigm of game theoretic oracles.
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