NXD Protocol Visualized
All $DXN Permanently Locked will burn $NXD, compound $DXN and burn $DXN in perpetuity, distributing value to the $NXD token holders with every compound & burn.
Mint your $NXD here - 4 days left:
These graphs illustrate the effect
Thankful for all the support received from the $DXN and $XEN community as we are looking forward to launching the $NXD Protocol on top of $DXN and $XEN scheduled for the 28th of April
Find our whitepaper here:
Prepare your $DXN
@razvancostin14
As we’re moving closer to announcing further details regarding the $NXD Limited Mint Phase and $NXD Referral Program to launch Phase I of the DXN Hyperstructure Initiative, we wanted to share the following:
The ticker $NXD isn't the inverse of $DXN by mere coincidence
The $NXD
All $DXN Permanently Locked will burn $NXD, compound $DXN and burn $DXN in perpetuity, distributing value to the $NXD token holders with every compound & burn.
We're happy to see the support from the $DXN and $XEN communties in generating value for both ecosystems by minting and
NXD Limited Mint Phase: The First 48h
The NXD Protocol burned ~600 $NXD tokens amounting to 0.136% from the circulating $NXD supply, in the first 48 hours of its Limited Mint Phase being live.
We're building on the shoulders of giants, and aim to deliver deflationary value for
Huh, what's this? $NXD
NXD Protocol is a community-lead initiative focused on $DXN development in partnership with
@DBXen_crypto
First Principles of Crypto focused, fair minted, immutable and open-source
As we are approaching the launch of the
@NXD_Protocol
the 28th of April at 8pm UK Time, we'd like to highlight the game theory that's developed for the Icarus X Protocol, the ICX Protocol, including the $NXD token.
The ICX Protocol concludes the vertical integration of the DXN
The NXD Protocol has already burned ~0.5% of the total NXD supply in its first week. That is a rolling burn-rate of ~25% annually.
This is not taking into account the $Q, $ICX and X1 / $XEN effect on the supply of $DXN and $NXD.
Make sure to mint your $NXD now by locking your
Only FIVE days left until the initial $NXD distribution finishes! Use this link and turn your $DXN to $NXD to earn rewards and allocation!
Check
@NXD_Protocol
on
@DefiLlama
- under $2 Million in TVL could EASILY 10x - if not more!
Preparing the launch of the 14-day NXD Limited Mint Phase starting today at 20.00 pm UK Time.
At launch, all NXD Protocol contracts including the Referral Program will go live, and we welcome everybody to participate and join the DXN Hyperstructure Initiative.
Navigate to our
Our website is live!
Navigate to our Website and create your Referral Link soon, once the contracts go live.
Committed to creating an anti-fragile defi hyperstructure, prepare your DXN for the NXD Limited Mint Phase.
DSN Website:
NXD Limited Mint Phase Statistics
NXD 1:1 collateralized with DXN's earnings power to burn NXD
The total supply of NXD is capped at 750,000 NXD tokens and currently 390,000 NXD tokens have been minted out, amounting to 53.4% of the total available supply.
- Any un-minted NXD
The NXD Limited Mint Phase has ended.
Total NXD Minted: 511.847,98
Total NXD Burned: 3.088,253 (0.652% of the Total NXD Supply)
Total DXN Locked in the NXD Protocol: 465,869.015 DXN.
~17.5% of the circulating DXN supply has been locked forever.
We will release more details
Stay humble, keep learning, enjoy the ride..
Introducing the concept of a Price Floor and the Fundamental Value of combining Locked Liquidity with Deflationary Tokenomics.
We welcome the community to read on:
@DBXen_crypto
@XEN_Crypto
$DXN $XEN
We're having a Space scheduled tomorrow at 18.00 UK Time with
@hexyafcajun
We"ll be looking to go through the Gitbook/Whitepaper and specifically the Limited Mint Phase and Referral Program Arbitrage opportunity.
Gitbook:
Space:
With
#Q
nearing its release and
#X1
just around the corner, the burning of $XEN persists, $DXN continues to be minted, and $NXD rounds out the current landscape.
As you're aware, the DeFi landscape is constantly evolving, and the
#FPOC
community is gaining increasing
It's excited to see active community members adding value to the $DXN:$NXD ecosystem, find a video explainer on
@NXD_Protocol
by
@thegamblingfrog
.
The NXD Limited Mint Phase starts tomorrow at 8pm UK Time.
We will be launching our website where participants can create their
Excited to read the Q Litepaper
@Q_web3_AI
from the
@DBXen_crypto
team - A Decentralized AI Marketplace fueled by Deflationary Tokenomics.
Special thanks to the
@DBXen_crypto
team for their generous role in distributing part of the $ETH rewards to
@NXD_Protocol
.
- 0.2% of the
We're approaching the final hours of the Limited Mint Phase for $NXD ending at 08:00 PM UK Time today.
A staggering ~17.5% DXN has been permanently locked into the NXD Protocol compounding DXN, burning NXD and paying ETH.
In its current stage, already 0.63% of NXD got burned
NXD Limited Mint Phase: The First 4.5h
DXN Hyperstructure Initiative launched its NXD Limited Mint Phase (LMP) today at 8.00 PM UK Time and remains active for 13 days and 19 hours.
Currently, roughly ~370,000 DXN have been staked & locked forever (~15% of the total circulating
We're enlisted with our frens at
@DefiLlama
!
Visit the below link and navigate through the NXD Protocol overview, select "Staking" to show the Total Value Locked.
More updates will follow soon, as we will announce the vertical integration expanding the
@razvancostin14
@Vedi_T_
Exactly. An indirect effect of $NXD is increased $XEN burns, so it does indirectly effect the $XEN burn.
It improves scarcity for $DXN as $NXD acts as a deflationary derivative of $DXN.
The more scarce DXN the stronger the supply shock, the stronger the $XEN burn
Yin Yang
Welcome the $DXN and $XEN community to join the
An environment for the community to share insights and grow together - from daily auctions, to access lists to new launches upon $DXN
Created by
@ptarborist
@DBXen_crypto
@XEN_Crypto
@Xencryptoio
The
@NXD_Protocol
smart contracts have been released for public review as the security audit from the
@TheArcadiaGroup
is finalized.
The team is committed to providing the highest security standards and continuing to release innovative code, together with our community.
Audit:
We're approaching the Launch of the
@NXD_Protocol
Limited Mint Phase the 28th of April at 8pm UK Time.
Audit results from
@TheArcadiaGroup
and our Github will be published in the following days, as well as our website to create the Referral Link.
Prepare your $DXN to mint
Exploring NXD Protocol's Engines of Growth: Compound and Burn Vaults, FOT Liquidity Pool, and Price Floor 🚀🔥💰
The NXD Protocol, known for its innovative approach to decentralized technologies, has introduced a series of features designed to fuel its growth and stability. This
Prepare your $DXN - the Limited Mint Phase initiaties at the 28th of April at 8pm UK Time.
The NXD cryptocurrency is designed to be a deflationary version of the $DXN token and a store of value within the $DXN ecosystem
$NXD Protocol is designed to enhance the defi tokenomics
We've just concluded the Space with
@hexyafcajun
, can find the recording here:
Thanks again for hosting us.
Looking forward to our next Space with
@moreworldpeace
during next week TBA. We're looking to provide a deep dive into the indirect effect from
@monetiqe
Study $DXN and $NXD for additional cash flow assets - immutable infrastructure passive income assets paying ETH daily
- $DXN pays 30% APY in ETH
- $NXD currently pays 4.5% APY in ETH and is a leveraged play on $DXN in terms of it principal value due to continuous burns and
The NXD Limited Mint Phase is over. Future developments on NXD Protocol are announced shortly.
For now, we focus on the integration with the Q AI Protocol from the DBXEN Team.
The AI Miner 3-day registration phase is approaching soon, expected between May 17th and May 21st.
@js_horne
we're currently building a defi hyperstructure, welcome to check it out, we've just launched Phase I: NXD Protocol
Gitbook:
Enjoyed studying your material
@TreeCityWes
The
@NXD_Protocol
's Vaults secure a Total Value Locked of ~$ 2.704.131,00
- Total NXD Staked: 376.591,068 NXD ($ 1.244.977,41)
90% of the NXD Supply is Staked
- Total DXN Locked: 410.911,81 DXN ($ 1.459.154,98)
15,89% of the circulating DXN Supply is Permanently Locked and
@The_XENsei
@DBXen_crypto
@razvancostin14
Much appreciated, we're happy to bring an immutable and sustainable hyperstructure to the $DXN and $XEN community - study the Price Floor dynamics for a better understanding
@ptarborist
All the contracts are deployed, the protocol is fully functioning. As the DXN was staked yesterday by the contract, ETH rewards roll in tomorrow at the end of the daily auction cycle.
@ZoltanFMiklos
Correct. 30% of the ETH rewards are used to compound DXN into the DXN Staking Vault, enhancing the APY for NXD holders and improving scarcity of DXN and NXD.
NXD is a deflationary derivative of DXN, it's yin and yang.
NXD is fully collateralized by DXN locked up by minting it,
@DBXen_crypto
We're also looking forward to the launch of
@Q_web3_AI
team!
Appreciate all the support, there's s bright FPOC summer on the horizon for $DXN and its ecosystem.
@xenpub
Of course, no problem, we’re doing the best we can in getting our first phase of the ground, contributing to $DXN and $XEN deflation 🫡.
Silently wondering if we’re going to get a beautiful stats page on soon
As we are approaching the launch of the
@NXD_Protocol
the 28th of April at 8pm UK Time, we'd like to highlight the game theory that's developed for the Icarus X Protocol, the ICX Protocol, including the $NXD token.
The ICX Protocol concludes the vertical integration of the DXN
@CLOUT_COCKS
Its a deflationary store of value asset for the $DXN ecosystem with an exponentially increasing price floor supported by several automated NXD strategies which also directly impact $DXN. You’re definitely getting warm though…
@TreeCityWes
@DefiLlama
Once the NXD/DXN LP has grown sufficiently, the total TVL will be updated by Defillama amounting to $2,700,000 at current prices of NXD Staked and DXN Locked.
Huh, what's this? $NXD
NXD Protocol is a community-lead initiative focused on $DXN development in partnership with
@DBXen_crypto
First Principles of Crypto focused, fair minted, immutable and open-source
@xenpub
Top token holder sold some NXD for DXN to add liquidity to the base pair NXD/DXN LP.
NXD definitely traded at a discount in the LP relative to the current mint ratio, well spotted.
@ptarborist
Yes, it is, its the Price Floor that will grow exponentially over time once the LMP has concluded
Read the article on the Price Floor to understand this technology better
@Lincoln771233
@razvancostin14
@DBXen_crypto
We believe you have different motives then just "warning" the community, considering your public notification of selling $DXN and calling for a top.
To address your baseless fud:
- The NXD Protocol is designed to be completely immutable, with all
@razvancostin14
@DBXen_crypto
We would like to add for C, mid term:
- ICX Protocol - Deflationary Yield Farming on top of NXD/DXN
Join Us on X to read the latest updates and join the community on Telegram
@ptarborist
Be aware that, as long as the mint phase is ongoing and more NXD get’s minted, this number can also go down, per explained price floor logic.
Once the mint phase has ended, no more NXD is coming to market and it increases over time, with each burn and growth of the liquidity.
@xenpub
No, the team allocations are vested linearly over three months past the LMP and are only determined after the LMP has ended.
Its a 2% floating rate based on the eventual NXD minted determining the total supply.
@dbxeneth
This issue is related to UniV2 TWAP oracles that require an update in times of volatility combined with a low liquidity NXD/DXN LP with two illiquid exotic assets considered by Uniswap.
If this error occurs, anybody can just update the oracle manually with the link provided in
@singapore2828
@dbxeneth
NXD = DXN and DXN = NXD
The one is not better than the other, they’re intrinsically connected and contribute to each other’s existence.
NXD = Deflationary DXN