The Nebula Protocol is a community DeFi Token.
Introduction
Recently, DeFi has become increasingly popular, especially in the crypto community. Decentralized Finance DeFi (decentralized finance) is an economic and financial paradigm that has breathed new life into the digital currency industry. DeFi blockchain technology is a financial ecosystem without central control and intermediaries, where users interact via peer-to-peer and DAPP networks.
DeFi blockchain technology is a financial ecosystem which is the single most significant technology. Decentralized exchanges are gaining popularity every year and this is easy to explain. The fact is that trading on the DEX is carried out without the participation of a broker, as in classical exchanges. Transactions take place directly between the wallets of both parties using smart contracts. Thus, it is possible to avoid unnecessary trading commissions, and the exchange itself does not require complicated maintenance.
Additionally, DeFi can be used to issue security tokens, create derivatives, forecasts, track transactions (KYT), launch asset management, mortgage and insurance funds.
What's coming to Nebula Protocol in May 2021 ?
Nebula Protocol is growing and becoming a big family and we're so glad that everyone is staying with us. We are really one of the best community in the crypto world. You can check out the update as below
Nebula Protocol
The Nebula Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade:
Reflection
LP Acquisition
Burn.
1. Reflection:
A buy, sell or transfer incurs a fee charge of 2% and the entire portion of this is re-allocated to every holder (“the yield”). The rebase mechanism works like an airdrop, but it’s not because it does not require you to “collect” it — quite literally, it just appears as an increase in your balance. The reward amount is conditioned upon the proportion of your holdings to the total supply and volume of the token being traded.
2. LP Acquisition:
On top of the previous point, each buy/sell/transfer goes through an “automatic liquidity generation” event, an acquisition of 6%. This makes passive yield farming sustainable and constantly raises the token price floor. Here’s a simple explanation of the last point: the mechanism harvests the BNB and $SNBL, converts them to a liquidity pool token, and permanently locks it into the contract. Once in the contract, the LP token can never be moved due to SNBL’s contract ownership has been renounced, making the acquired liquidity a permanently locked feature of the contract. This entire process ends on a sell transaction with the tokens being harvested on every buy and any transfer transaction.
3. Burn:
It’s the black hole in the space that forever takes 2% of fees on every transaction. Based on the past records, 2600–1000 tokens were burned daily subjected to the daily transaction volume. This allows the supply to decrease with more trading volume, introducing more scarcity and buying pressure into the ecosystem.
Nebula Features
Community driven & Fair Launched. Initial liquidity provided by the team and locked for 6 months
Every trade contributes toward automatically generating liquidity inside PancakeSwap LP.
Holders earn passive rewards through static reflection as they watch their balance of SNBL grow indefinitely.
Contract verified and published on Binance Smart Chain
Protection locked liquidity
By depositing an equal value of SNBL-BNB tokens to create a pair on PancakeSwap, the Nebula Protocol's team was granted LP tokens upon pool initiation. These LP tokens are in the team's possession, can be transferred like any other tokens on the blockchain, and may be redeemed at any time for an equal value amount of both tokens based on the value at the time of redemption. To eliminate any problem that may arise from the ability to remove all the liquidity at any time (even if the team has no intention to do so), the team has locked and restricted the pool token’s movement via contract by a time-based function. This means that once the restriction is set, the tokens cannot be moved or redeemed until the pre-selected time has passed. This gives our users more confidence as the market must exist in some form within the locked period.
Staking Pool
Staking Pool 1 - Active
✔ Stake SNBL to farm SVT, 100 % APY, 10.5 % Withdrawal fee, 5 % fee compensated via NVT airdrop
Staking Pool 2 - Active
✔ Stake SNBL to NVT, 365 % APY, 10.5 % Withdrawal fee
Staking Pool 3 - Coming soon
✔ Stake SVT to farm NVT,, 365 % APY, 5 % Withdrawal fee
Staking Pool 4 - Coming soon
✔ Stake NVT to farm BUSD
Apart from the passive yield farming, Nebula Protocol has created its own synthetic asset with a total distribution of 50,000 SNVault tokens (SVT). For SVT distribution, we are using a modified version of the PancakeSwap farming infrastructure. Since Nebula Protocol does not intend to create its own competitor against PancakeSwap, we did not migrate to our own pools. Instead, we just used the staking/farming model for distribution.
Tokenomics
1,000,000 Fixed Supply
2% Redistribution Tax On Each.Transaction
2%. Burn on Each Transaction
6"'/o Liquidity Generation Tax On Each:Transact1on
70,000 Limit per Transaction
SVT Tokenomics :
Total supply : 50,000 SVT
lnitial Circulating supply : 10,000 SVT
RFI static reward per transaction (automatically distributed to holders) : 4%
Treasury per transaction : 1% (Temporary stored in the form of LP)
Maximum buy/sell limit per tx : 250 SVT
2021 Product Roadmap
2021 Product Roadmap
We began with contract deployment, building the website, setting up social media profiles, and PancakeSwap listing. After the successful launch of the project, we have rolled out the initial marketing campaigns, including listing submissions (CoinMarketCap, CoinGecko, Blockfolio, and Livecoinwatch, among others), AMA events, collaborations with digital influencers, various Telegram channel promotions, and finally, establishing a legal entity.
During the next phase, Nebula focuses on developing its yield aggregator, which allows investors to earn more rewards through our staking and liquidity pools. Moreover, the team is working on centralized exchanges (CEX) listings and has started raising the funds needed for HotBit listing. Likewise, we plan to build a marketplace with our selected NFT merchants, and we are excited to invite individuals or even companies to explore NFT initiatives with the Nebula community. The marketplace will allow Nebula holders to stake and earn dedicated NFT digital art cards.
To conclude
Nebula Protocol is growing and becoming a big family and we're so glad that everyone is staying with us. We are really one of the best community in the crypto world. The Nebula Protocol is a community driven, fair launched DeFi Token.
For More Information Nebula project:
Website: https://nebulaprotocol.org/
Twitter: https://twitter.com/safe_nebula
Telegram: https://t.me/safenebula
Facebook: https://www.facebook.com/nebulasnbl/
Bitcointalk Username:Macani1980
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