Nutcash (NCASH)

“What Is Nutcash (NCASH)?

NCASH is a staking memecoin deployed on Arbitrum One with a fixed capped supply. The cryptocurrency was created for entertainment purposes, to reward Nutcoin Ecosystem crypto communities by staking assets, and to grant access to Nutcoin Ecosystem dApps (as a burning fee token).

The token has been launched with no presale, buy/sell taxes, or contract owner. 50% of the supply has to be claimed by crypto communities eligible for the airdrop. Nutcash has also been bridged to Ethereum.

Who Are the Founders of Nutcash?

For now, the founders of NCASH remain anonymous, which is pretty usual in the cryptocurrency world. Although information about the team behind the project is scarce, they have the potential to promote their staking memecoin using famous social media platforms with strong audiences, such as X and Telegram.

What Makes NCASH Unique?

Nutcash is one of the first tokens related to both DeFi staking and “NUT” memes, launched on Arbitrum One.

Its uniqueness also lies in tokenomics. A halving every 4 years (like Bitcoin) is programmatically set and cannot be removed as the smart contract is immutable.

Due to its fixed capped supply, recurrent halving events and NCASH burning mechanisms in Nutcoin Ecosystem dApps, Nutcash is a deflationary staking memecoin.

How Many Nutcash (NCASH) Coins Are There in Circulation?

The max supply is 21 million (21,000,000) coins, and there will never be more than that number. The token is also burnable when sent to the null address.

10,500,000 coins have been locked in an airdrop smart contract using Merkle Tree. These coins are claimable by around 2 million addresses during one year (until Tuesday, 1 April 2025, 16:20:00 GMT).

On CoinMarketCap DexScan, users can track the NCASH/WETH pair launched on Arbitrum One thanks to this NCASH contract: 0x88266f9eb705F5282a2507A9c418821a2AC9f8BD and they can do the same for the pair NCASH/WETH launched on Ethereum thanks to this NCASH contract: 0xd105c45bcc7211f847ae73b187a41b7d8184ade2.

How Is NCASH Secured?

NCASH is an ERC-20 token on the Ethereum blockchain and on Arbitrum One layer-2. Ethereum is secured by the Proof-of-Stake (PoS) consensus mechanism, like other ERC-20.

Arbitrum One is an Ethereum layer-two (L2) scaling solution that benefits from the security and compatibility of Ethereum.

The Arbitrum staking contract has been generated using the secured sources contract libraries of OpenZeppelin with some minor changes to add staking functions. The security also lies in the fact there is and will never be an owner of the staking contract.

Where Can You Buy NCASH?

NCASH can be traded on Uniswap, Ethereum, and Arbitrum. More exchanges are to come.”