Hands up ๐ Airdrop is here!
Donโt miss out โ claim your airdrop directly to the Ethereum wallet! REM holders please, prepare the MetaMask wallet where you store your $REM tokens! Guardians, be sure you are connecting the wallet with the address you have provided with this guide.
Guardians and REM Token Holders are you ready?
Claim your airdrop tokens here:
How to claim
Go to the peanut.trade website and connect your MetaMask wallet pressing the Connect Metamask button. Once the MetaMask wallet is connected press the Claim NUX button. Confirm the transaction in the wallet and the NUX tokens will be sent to your address.
Lock conditions for Bonus tokens
The locked tokens are unlocked linearly within 750 days on a block basis starting from the first block after 23d FEB, 2 PM UTC. For convenience, it is better to count on a daily basis. It means that part of the tokens which you receive are already unlocked!
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
Donโt miss out โ claim your airdrop directly to the Ethereum wallet! REM holders please, prepare the MetaMask wallet where you store your $REM tokens! Guardians, be sure you are connecting the wallet with the address you have provided with this guide.
Guardians and REM Token Holders are you ready?
Claim your airdrop tokens here:
How to claim
Go to the peanut.trade website and connect your MetaMask wallet pressing the Connect Metamask button. Once the MetaMask wallet is connected press the Claim NUX button. Confirm the transaction in the wallet and the NUX tokens will be sent to your address.
Lock conditions for Bonus tokens
The locked tokens are unlocked linearly within 750 days on a block basis starting from the first block after 23d FEB, 2 PM UTC. For convenience, it is better to count on a daily basis. It means that part of the tokens which you receive are already unlocked!
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
๐ AMA: 68Trading x Peanut ๐
๐ฅ Peanut is a set of smart contracts that automatically balance prices after each trade to help LPs earn more โand reduce slippage wโith no manual effort
๐ฟ In order to help our community understand more about Peanut insights as well as their development plan in the future, 68trading will held a live AMA session with Alex Momot, CEO of Remme and Peanut
โฐ Time: 20:00 PM (UTC+7) | Mar 30, 2021
๐ Location: Group 68Trading
๐ฐ Airdrop: 150 USDT
1๏ธโฃ 05 pre - selected questions
2๏ธโฃ 05 good questions in the AMA session
3๏ธโฃ Mini game at group Peanut VN
๐ Conditions:
โ Follow Peanut Twitter and Kyros Twitter
โ Follow channel Peanut VN
โ Join group Peanut VN
๐ฅ Peanut is a set of smart contracts that automatically balance prices after each trade to help LPs earn more โand reduce slippage wโith no manual effort
๐ฟ In order to help our community understand more about Peanut insights as well as their development plan in the future, 68trading will held a live AMA session with Alex Momot, CEO of Remme and Peanut
โฐ Time: 20:00 PM (UTC+7) | Mar 30, 2021
๐ Location: Group 68Trading
๐ฐ Airdrop: 150 USDT
1๏ธโฃ 05 pre - selected questions
2๏ธโฃ 05 good questions in the AMA session
3๏ธโฃ Mini game at group Peanut VN
๐ Conditions:
โ Follow Peanut Twitter and Kyros Twitter
โ Follow channel Peanut VN
โ Join group Peanut VN
๐ฅ Community Activities ๐ฅ
โThere's no more appropriate time to say, Thank You!
Our active community members are all a significant part of our success. You bring awareness to the world about our products and our mission.
To show our appreciation, we are happy to announce our special Community loyalty program ยซSquirrels Knowยป where you can get different rewards for activities!
Are you thrilled? Great! Then check out the details below!
https://telegra.ph/Squirrels-Know-03-01
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
โThere's no more appropriate time to say, Thank You!
Our active community members are all a significant part of our success. You bring awareness to the world about our products and our mission.
To show our appreciation, we are happy to announce our special Community loyalty program ยซSquirrels Knowยป where you can get different rewards for activities!
Are you thrilled? Great! Then check out the details below!
https://telegra.ph/Squirrels-Know-03-01
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
Forwarded from undefined
Peanut Hedge & other intermediate news
We continue to work tirelessly and share with you intermediate results.
1. Development of the Hedge platform goes as planned, alpha is ready. Find the screenshots above
๐ฅ On the 1st screenshot you can see the homepage of the Peanut Hedge tool. On this page you can get the maximum amount of information about your account.
๐ฅ On the 3d screenshot is Calculator preview where you can run the math on potential scenarios.
๐ฅ On the 4th screenshot you can see the Hedge Wizard where all the magic starts. Youโll be able to add tokens to liquidity with 100% IL protection.
๐ฅ And the 2nd one is the actual hedge mechanism creation screen where you can hedge the asset going down or up by betting on the opposite.
2. Block Producer Airdrop will be distributed this week. All the BlockProducers should check the pinned message in REMME 25 BPs group.
3. The first video after the Public Sale about Peanut Trade by Data Dash YouTube channel: https://youtu.be/PLsdFc0PFMg?t=901
We continue to work tirelessly and share with you intermediate results.
1. Development of the Hedge platform goes as planned, alpha is ready. Find the screenshots above
๐ฅ On the 1st screenshot you can see the homepage of the Peanut Hedge tool. On this page you can get the maximum amount of information about your account.
๐ฅ On the 3d screenshot is Calculator preview where you can run the math on potential scenarios.
๐ฅ On the 4th screenshot you can see the Hedge Wizard where all the magic starts. Youโll be able to add tokens to liquidity with 100% IL protection.
๐ฅ And the 2nd one is the actual hedge mechanism creation screen where you can hedge the asset going down or up by betting on the opposite.
2. Block Producer Airdrop will be distributed this week. All the BlockProducers should check the pinned message in REMME 25 BPs group.
3. The first video after the Public Sale about Peanut Trade by Data Dash YouTube channel: https://youtu.be/PLsdFc0PFMg?t=901
๐ How do I stop people from adding me to Telegram Groups and Channels ? ๐
If you joined a Telegram group or channel with large audience, chances are somebody will try to add you to other groups that are very likely promoting SCAM/SPAM activities.
To protect yourself from such actions, do the following in your Telegram App:
1๏ธโฃ Go to: Settings
2๏ธโฃ Select: Privacy and Security -> Groups & channels
3๏ธโฃ Select: Who can add me to group chats? -> My Contacts
๐ This will protect you from unknown people adding you to bad groups and channels.
If you joined a Telegram group or channel with large audience, chances are somebody will try to add you to other groups that are very likely promoting SCAM/SPAM activities.
To protect yourself from such actions, do the following in your Telegram App:
1๏ธโฃ Go to: Settings
2๏ธโฃ Select: Privacy and Security -> Groups & channels
3๏ธโฃ Select: Who can add me to group chats? -> My Contacts
๐ This will protect you from unknown people adding you to bad groups and channels.
๐ We are pleased to announce AMA with @BullCrypto_Team ๐ฅณ
21 April _ Wednesday ๐
18 UTC โฐ
๐ Venue : @BullCrypto_Team
๐Reward Pool : 500 $ bonus for 10 users ๐คฉ
โ Requirement task :
๐ธJoin @BullCrypto_Team
๐ธJoin @PeanutTrade
๐ฅ Peanut algorithms will be used to rebalance the amounts of underlying assets from yield which back the additional index for the user.
๐ DeHive will use Peanut protocol to align the portfolio after getting the reward from the yield farming.
๐๐๐๐๐ ๐๐ ๐๐๐ $NUX
๐ฅGate.io NUX/USDT
๐ฅGate.io NUX/ETH
๐ฅMXC.com NUX/USDT
๐ฅHoo.com NUX/USDT
๐ฅUniSwap : https://info.uniswap.org/pair/0x83054b25b21d1f3a2b96e8e3803dbd4921358d52
๐นTwitter : https://twitter.com/peanuttrade
๐นWebsite : https://peanut.trade
๐นGroup : https://t.me/peanuttrade
๐นChannel : https://t.me/peanutann
โ Check out Peanut ( NUX ) Token https://www.coingecko.com/en/coins/peanut
21 April _ Wednesday ๐
18 UTC โฐ
๐ Venue : @BullCrypto_Team
๐Reward Pool : 500 $ bonus for 10 users ๐คฉ
โ Requirement task :
๐ธJoin @BullCrypto_Team
๐ธJoin @PeanutTrade
๐ฅ Peanut algorithms will be used to rebalance the amounts of underlying assets from yield which back the additional index for the user.
๐ DeHive will use Peanut protocol to align the portfolio after getting the reward from the yield farming.
๐๐๐๐๐ ๐๐ ๐๐๐ $NUX
๐ฅGate.io NUX/USDT
๐ฅGate.io NUX/ETH
๐ฅMXC.com NUX/USDT
๐ฅHoo.com NUX/USDT
๐ฅUniSwap : https://info.uniswap.org/pair/0x83054b25b21d1f3a2b96e8e3803dbd4921358d52
๐นTwitter : https://twitter.com/peanuttrade
๐นWebsite : https://peanut.trade
๐นGroup : https://t.me/peanuttrade
๐นChannel : https://t.me/peanutann
โ Check out Peanut ( NUX ) Token https://www.coingecko.com/en/coins/peanut
๐ฅ๐ฅ๐ฅ You can now send @sqwrl_bot your ETH address and it will show you the unlocked number of tokens and their value ๐ฅ๐ฅ๐ฅ
How accurately check the number of unlocked $NUX tokens via Etherscan:
๐ฉ https://telegra.ph/How-to-check-your-Unlocked-tokens-04-26
P.S: Also check our MEGA post about Peanut https://t.me/peanutann/60
How accurately check the number of unlocked $NUX tokens via Etherscan:
๐ฉ https://telegra.ph/How-to-check-your-Unlocked-tokens-04-26
P.S: Also check our MEGA post about Peanut https://t.me/peanutann/60
Telegraph
How to check your Unlocked tokens
Hey guys! We've found that most of you had troubles with counting unlocked NUX tokens. Let's figure it out together. First of all resume in memory the lock conditions in this article. How to check how much NUX has been unlocked? Follow the link https://eโฆ
NUX Token Liquidity on PancakeSwap ๐ฅ
We have added the liquidity pool on ๐ฅ PancakeSwap with a such alignment:
๐ฅ 100000 $NUX
๐ก 200 $BNB
https://poocoin.app/tokens/0x6d8734002fbffe1c86495e32c95f732fc77f6f2a
ERC20 to BSC $NUX bridge: https://nuxbridge.peanut.trade/
โ๏ธ ๐ฅ ๐ โ๏ธ
โ๏ธ โ๏ธ ๐
โ๏ธ * โ๏ธ
*
โ๏ธ *
*
*
* ๐ฅ
๐ฅ
$NUX
We have added the liquidity pool on ๐ฅ PancakeSwap with a such alignment:
๐ฅ 100000 $NUX
๐ก 200 $BNB
https://poocoin.app/tokens/0x6d8734002fbffe1c86495e32c95f732fc77f6f2a
ERC20 to BSC $NUX bridge: https://nuxbridge.peanut.trade/
โ๏ธ ๐ฅ ๐ โ๏ธ
โ๏ธ โ๏ธ ๐
โ๏ธ * โ๏ธ
*
โ๏ธ *
*
*
* ๐ฅ
๐ฅ
$NUX
Updating Tokenomics & 10000$ Contest
Last week we had a very heated ๐ฅdiscussion with some of our supporters since Remme ICO. They expressed a couple of concerns according to the future of the $NUX use cases. We agreed to talk things through with all the members of the Peanut community. It is the topic about the $NUX tokenomics and its upcoming changes.
Upcoming Tokenomics and $NUX utility updates ๐ช
As you all know DeFi space keeps on moving and everything changes within a few weeks or even days. 3 months have passed since the publication of the tokenomics and the DeFi space has advanced in optimizing transactions which as you all may have noticed led to a significant decrease in commissions on the Ethereum network.
During the token sale, weโve presented the $NUX utility concept, which can be found here: https://telegra.ph/Peanut-Tokenomics-02-03. We have never stood aside from the trends and for today we have a fully working and improved hedging mechanism without involving any additional liquidity. In this regard, there is no need for a $NUX token during hedging in old vision, the process becomes cheaper and the mechanics of using the token originally laid down in the documents are automatically lost.
But we are considering adding discount model, where $NUX will reduce commission for LP's.
Peanut team vision ๐
With all this, there remains a system of 10% buyback of $NUX tokens from Peanut revenue.
Our vision here is the most effective tokenomics will be using buyback as step 1, and yield (liquidity mining) for staked $NUX tokens in the form $NUXs from buyback as step 2.
Such a model should bring benefits from both:
1๏ธโฃ Buyback (no actions required from holders, even passive holders get benefits from it)
2๏ธโฃ Liquidity mining (most active part of the community will stake tokens, less tokens on exchanges) and will be good from the legal side as well.
We are waiting for feedback about it from our legal advisors.
10000$ Contest ๐ค
During the first half of May, we will develop the new and improved mechanics for using $NUX tokens in all of our future Peanut products. In this regard, we would like to announce a competition for the best ideas for using $NUX tokens in the amount of $10000 in unlocked $NUX.
Share your vision of using the token in the Peanut system and the authors of those options that we decide to implement will share the main prize. If there is only one winner, this person takes everything.
Share your vision with #nuxonomic #๏ธโฃ hashtag in our main @peanuttrade chat group.
Last week we had a very heated ๐ฅdiscussion with some of our supporters since Remme ICO. They expressed a couple of concerns according to the future of the $NUX use cases. We agreed to talk things through with all the members of the Peanut community. It is the topic about the $NUX tokenomics and its upcoming changes.
Upcoming Tokenomics and $NUX utility updates ๐ช
As you all know DeFi space keeps on moving and everything changes within a few weeks or even days. 3 months have passed since the publication of the tokenomics and the DeFi space has advanced in optimizing transactions which as you all may have noticed led to a significant decrease in commissions on the Ethereum network.
During the token sale, weโve presented the $NUX utility concept, which can be found here: https://telegra.ph/Peanut-Tokenomics-02-03. We have never stood aside from the trends and for today we have a fully working and improved hedging mechanism without involving any additional liquidity. In this regard, there is no need for a $NUX token during hedging in old vision, the process becomes cheaper and the mechanics of using the token originally laid down in the documents are automatically lost.
But we are considering adding discount model, where $NUX will reduce commission for LP's.
Peanut team vision ๐
With all this, there remains a system of 10% buyback of $NUX tokens from Peanut revenue.
Our vision here is the most effective tokenomics will be using buyback as step 1, and yield (liquidity mining) for staked $NUX tokens in the form $NUXs from buyback as step 2.
Such a model should bring benefits from both:
1๏ธโฃ Buyback (no actions required from holders, even passive holders get benefits from it)
2๏ธโฃ Liquidity mining (most active part of the community will stake tokens, less tokens on exchanges) and will be good from the legal side as well.
We are waiting for feedback about it from our legal advisors.
10000$ Contest ๐ค
During the first half of May, we will develop the new and improved mechanics for using $NUX tokens in all of our future Peanut products. In this regard, we would like to announce a competition for the best ideas for using $NUX tokens in the amount of $10000 in unlocked $NUX.
Share your vision of using the token in the Peanut system and the authors of those options that we decide to implement will share the main prize. If there is only one winner, this person takes everything.
Share your vision with #nuxonomic #๏ธโฃ hashtag in our main @peanuttrade chat group.
Main Peanut products
All our algorithms work together. With all our products weโll create an ecosystem for financial services based on the DeFi market. Letโs have a brief description of our main products below:
๐ฅ Hedge platform for high liquidity pools โ providing liquidity on DEX you might be hit with an impermanent loss if one of your liquidity assets goes up or down. There is a tool to hedge that risk. If you think the token goes down you can bet on it going down. Hedge platform works with stablecoinsโ pools much better so we will integrate that with Curve later after launch.
๐ฅ Fair Launch โ protects projects from external sniper bots. It scalps on private transactions and puts the liquidity taking a big amount of tokens in the first transaction right after that. The selling process goes very slowly. It helps to support the token chart and the price of the token. In a classic sniper bot itโs buying the big amount of tokens after the liquidity adding and sells after that in the next transaction all the amount. It means that youโll have a huge spike and a huge dump. It was impossible to use FL absolutely automated and with a concrete token economy in the first versions. But now we have an idea how to make it almost fully automated with the use of private transactions. We can see all the liquidity addings in the world and some of them could be intercepted into automated mode.
Private transactions โ Transactions with 0 Gwei which go directly into blockchain passing the Mempool. With the help of Private transactions tools weโre avoiding any kind of MEV. Weโre using this kind of transactions for our service Peanut Fair Launch during listing projects on Uniswap. We made the first project 2 months ago and now our portfolio is around 20 projects. Revenue per one launch varies from $100k to $1m.
๐ฅ Zero-fee token swap โ Weโre testing now the transactions that can be paid in tokens or to be even free. Youโll be able to transfer your erc20 tokens even without any ether on it and to pay a fee with your erc20 tokens. If your transaction creates slippage youโll get it for free cause our protocol will earn the profit from the slippage and cover your fee.
๐ฅ Automated liquidity price range balancer for Uni v3 โ Concentrated Liquidity is one of the revolutionary features of Uniswap v3, released on May 5, 2021.
Concentrated Liquidity allows to put capital within custom price ranges, providing greater amounts of liquidity at desired prices. In doing so, LPs construct individualized price curves that reflect their own preferences.
However, if market prices move outside an LPโs specified price range, their liquidity is effectively removed from the pool and is no longer earning fees - thatโs where Peanut comes in!
Automated price range balancer from Peanut ensures your liquidity always follows the real-time price.
No need to manually update price ranges - with Peanut all liquidity adjustments are made automatically. Our algorithm will monitor market conditions and make all the changes while you enjoy your cup of coffee.
With automated liquidity price range strategies LPs can maximise profits and always earn highest swap fees. According to internal Peanut research the increase of capital efficiency with automated price range balancer might be as much as up to 7x higher.
Besides increased profits automation also reduces risks of impermanent loss and protects the original proportion of pooled assets.
Take part in our new $NUX tokenomy contest. Main prize is 10000$
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
All our algorithms work together. With all our products weโll create an ecosystem for financial services based on the DeFi market. Letโs have a brief description of our main products below:
๐ฅ Hedge platform for high liquidity pools โ providing liquidity on DEX you might be hit with an impermanent loss if one of your liquidity assets goes up or down. There is a tool to hedge that risk. If you think the token goes down you can bet on it going down. Hedge platform works with stablecoinsโ pools much better so we will integrate that with Curve later after launch.
๐ฅ Fair Launch โ protects projects from external sniper bots. It scalps on private transactions and puts the liquidity taking a big amount of tokens in the first transaction right after that. The selling process goes very slowly. It helps to support the token chart and the price of the token. In a classic sniper bot itโs buying the big amount of tokens after the liquidity adding and sells after that in the next transaction all the amount. It means that youโll have a huge spike and a huge dump. It was impossible to use FL absolutely automated and with a concrete token economy in the first versions. But now we have an idea how to make it almost fully automated with the use of private transactions. We can see all the liquidity addings in the world and some of them could be intercepted into automated mode.
Private transactions โ Transactions with 0 Gwei which go directly into blockchain passing the Mempool. With the help of Private transactions tools weโre avoiding any kind of MEV. Weโre using this kind of transactions for our service Peanut Fair Launch during listing projects on Uniswap. We made the first project 2 months ago and now our portfolio is around 20 projects. Revenue per one launch varies from $100k to $1m.
๐ฅ Zero-fee token swap โ Weโre testing now the transactions that can be paid in tokens or to be even free. Youโll be able to transfer your erc20 tokens even without any ether on it and to pay a fee with your erc20 tokens. If your transaction creates slippage youโll get it for free cause our protocol will earn the profit from the slippage and cover your fee.
๐ฅ Automated liquidity price range balancer for Uni v3 โ Concentrated Liquidity is one of the revolutionary features of Uniswap v3, released on May 5, 2021.
Concentrated Liquidity allows to put capital within custom price ranges, providing greater amounts of liquidity at desired prices. In doing so, LPs construct individualized price curves that reflect their own preferences.
However, if market prices move outside an LPโs specified price range, their liquidity is effectively removed from the pool and is no longer earning fees - thatโs where Peanut comes in!
Automated price range balancer from Peanut ensures your liquidity always follows the real-time price.
No need to manually update price ranges - with Peanut all liquidity adjustments are made automatically. Our algorithm will monitor market conditions and make all the changes while you enjoy your cup of coffee.
With automated liquidity price range strategies LPs can maximise profits and always earn highest swap fees. According to internal Peanut research the increase of capital efficiency with automated price range balancer might be as much as up to 7x higher.
Besides increased profits automation also reduces risks of impermanent loss and protects the original proportion of pooled assets.
Take part in our new $NUX tokenomy contest. Main prize is 10000$
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
#Nuxonomics 1st Update
We are pleased to announce the basic vision of $NUX tokenomics. First of all, we would like to express gratitude to everyone who took part in #Nuxonomics contest. Many of you are on the same wavelength with us and offer options that can serve as the formation of a new $NUX utility in Peanut products. We have the greatest interest in @tmctg vision! We would like to learn it deeper and with confidence to congratulate the first winner of the prize of $ 5,000 in the $NUX equivalent. @tmctg great work!
@CyberStrategy1 option is also still at the stage of familiarization and deeper analysis due to the massiveness of the content. Weโll allocate the remaining $5,000 after the finalization of all the proposed decisions.
So, letโs turn to the key moments of the future tokenomic.
$NUX Token in Peanut Products
Yes, we are going to use $NUX in all products where itโs possible. At the moment one of the option is about providing discounts for a certain amount of staked $NUX.
Want To Use Our Algorithms - Store $NUX
This option will be introduced in future updates after the product release. Initially, discounts for staking a certain number of $NUX tokens are expected.
Reduce $NUX Lock Period
Reducing the token lock period and an increase in the number of unlocked tokens will result in even greater coin volatility. The period of $NUX unlocks remains the same. You can read more details here.
Governance Token
$NUX will be used as a Governance Token. The implementation of DAO is fully scheduled after the release of the products. We selected the following profit distribution system:
5% - DAO, 10% - Buyback, 30% - Developers' team salaries and bonuses, 20% - Bear market treasury, 35% - Other costs and expenses, including Marketing, Biz Dev, Listings and Other Activities.
At the moment we have a monthly buyback and store all these $NUX tokens on one address. All previous and future buyback tokens will be used in the Peanut staking program as a reward. Buyback tokens will go to the yield treasure and will be divided among those who staked their tokens. More stake = more reward. For example, if this month we distribute 200k $NUX and there are only two 100 $NUX stakers it means that each of them will get 100k $NUX. Staking is possible only with unlocked $NUX. More information will be available in the future updates.
Lottery Time
Our team mate has been interested in this idea for so long that we decided not to exclude such an opportunity. But its realization will be possible only after developing DAO and Staking programs.
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
We are pleased to announce the basic vision of $NUX tokenomics. First of all, we would like to express gratitude to everyone who took part in #Nuxonomics contest. Many of you are on the same wavelength with us and offer options that can serve as the formation of a new $NUX utility in Peanut products. We have the greatest interest in @tmctg vision! We would like to learn it deeper and with confidence to congratulate the first winner of the prize of $ 5,000 in the $NUX equivalent. @tmctg great work!
@CyberStrategy1 option is also still at the stage of familiarization and deeper analysis due to the massiveness of the content. Weโll allocate the remaining $5,000 after the finalization of all the proposed decisions.
So, letโs turn to the key moments of the future tokenomic.
$NUX Token in Peanut Products
Yes, we are going to use $NUX in all products where itโs possible. At the moment one of the option is about providing discounts for a certain amount of staked $NUX.
Want To Use Our Algorithms - Store $NUX
This option will be introduced in future updates after the product release. Initially, discounts for staking a certain number of $NUX tokens are expected.
Reduce $NUX Lock Period
Reducing the token lock period and an increase in the number of unlocked tokens will result in even greater coin volatility. The period of $NUX unlocks remains the same. You can read more details here.
Governance Token
$NUX will be used as a Governance Token. The implementation of DAO is fully scheduled after the release of the products. We selected the following profit distribution system:
5% - DAO, 10% - Buyback, 30% - Developers' team salaries and bonuses, 20% - Bear market treasury, 35% - Other costs and expenses, including Marketing, Biz Dev, Listings and Other Activities.
At the moment we have a monthly buyback and store all these $NUX tokens on one address. All previous and future buyback tokens will be used in the Peanut staking program as a reward. Buyback tokens will go to the yield treasure and will be divided among those who staked their tokens. More stake = more reward. For example, if this month we distribute 200k $NUX and there are only two 100 $NUX stakers it means that each of them will get 100k $NUX. Staking is possible only with unlocked $NUX. More information will be available in the future updates.
Lottery Time
Our team mate has been interested in this idea for so long that we decided not to exclude such an opportunity. But its realization will be possible only after developing DAO and Staking programs.
Stay tuned with our official social media channels:
๐ฉTelegramโฟ๐Twitter โฟ๐ฐMediumโฟ๐ทWebsiteโฟ ๐ พ๏ธ Telegram Channel
Our CEO @AMomot is speaking with CoinDesk at #Consensus2021
Consensus session: โConsensus Crypto State: Ukraineโ.
๐ May 27!
Consensus session: โConsensus Crypto State: Ukraineโ.
๐ May 27!
Bi-weekly Highlights #1
Peanut Community. Your willingness to engage and guide us is greatly appreciated. Based on a community feedback and internal review we are taking the following immediate step and would like to start with a biweekly updates! So here is the vol 1 and letโs see what we have for you this week:
โ๏ธ PRODUCTS AND TECHNOLOGY
๐ฏ Products priority
At the moment, we have a priority goal and complete all our products from the pipeline. Weโll add the utility to the products once we will finish building products. To speed up the product development we took the following actions:
- Outsourcing of small developments
- 3 external teams are engaged in the development of the separate products
- Hired an external team of financiers
- Hired an external DevOps team
- Hired an external UI development team
In total we have 8 external partner teams who are engaged almost in all our products. A few months ago there were only two external teams.
๐ฏBuyback 20%
Starting from this month the buyback will be increased to 20% of the company's total revenue. We plan to start Buyback linearly from this week. 25% of Buybacked tokens will be directed into the DAO pool.
๐ฏAuth App
This week our team has completed the development of the Auth application for the Android platform. Apk file you can download here.
๐ฏNUX Utility on the first layer
As we said earlier, where itโs possible we will use a discount system in exchange for a staked NUX tokens. Products that use an automatic contract systems will initially include an additional 20% NUX buyback. At the moment we cannot determine the ratio of the number of staked NUX to the size of the discount. The maximum discount can be up to 90% on the Swapyโs principle.
Products in which it is planned to initially introduce a system of discounts:
Hedge platform
Automated liquidity price range balancer
Products with 20% buyback at NUX:
FeeNo
๐ฏREM to NUX swap
We have already collected more than 90% of ERC20 addresses from REMChain. The preliminary, swap will begin in the first week of June. More details will be provided in a separate announcement.
๐ฏHedge platform for high liquidity pools
Over the past few weeks, the market has given us the opportunity to test our algorithms not only in a bull market, but also in a falling one. The results of the work are very inspiring. Our theory of the independence of our products from the market sentiment has been proven in a practice. And this gives us optimism for at least the next 12 months. Also, We plan to launch an updated calculator next week and test it publicly.
๐ฏFeeNo
We are actively preparing for writing a smart contract. Reached a consensus on the architecture of the product. UI for MVP is also in development.
๐ฏLiquidity Yield
All buyback tokens will be sent to the smart contract and distributed as a reward among users who have staked unlocked NUX tokens. The planned launch date is June. This utility will replace reward Program 1.
๐ฏNew Products
We continue to generate new ideas for existing products and possibly new ones. We do not plan to release any new products until the main product list and NUX tokenomics are ready.
โ๏ธ MARKETING
๐ฏInternal Funds reserves that we do not spend
1) ะกEX/DEX product has $1.2m reserved
2) Flashbot Competitor has $400 reserved
3) Fair Launch has $1.2m reserved
Part of our finance is not in crypto and we fixed most of it right after the token sale and continue to fix a certain part of the revenue. Thanks to our policy and the risk management, the flash crash this Wednesday practically did not affect the financial part of our company, except for the reserved funds in ETH. All our earnings are either in stable coins or fiat.
๐ฏAnother marketing activities
We are going to several conferences next week in Dubai, then Miami and one more city where we have very important partner to make contacts and discuss listings and attracting clients for our products. On May 27 Alex will have a panel discussion with Coindesk on Consensus 2021. Weโre also in touch with a couple of big youtubers and influencers.
Peanut Community. Your willingness to engage and guide us is greatly appreciated. Based on a community feedback and internal review we are taking the following immediate step and would like to start with a biweekly updates! So here is the vol 1 and letโs see what we have for you this week:
โ๏ธ PRODUCTS AND TECHNOLOGY
๐ฏ Products priority
At the moment, we have a priority goal and complete all our products from the pipeline. Weโll add the utility to the products once we will finish building products. To speed up the product development we took the following actions:
- Outsourcing of small developments
- 3 external teams are engaged in the development of the separate products
- Hired an external team of financiers
- Hired an external DevOps team
- Hired an external UI development team
In total we have 8 external partner teams who are engaged almost in all our products. A few months ago there were only two external teams.
๐ฏBuyback 20%
Starting from this month the buyback will be increased to 20% of the company's total revenue. We plan to start Buyback linearly from this week. 25% of Buybacked tokens will be directed into the DAO pool.
๐ฏAuth App
This week our team has completed the development of the Auth application for the Android platform. Apk file you can download here.
๐ฏNUX Utility on the first layer
As we said earlier, where itโs possible we will use a discount system in exchange for a staked NUX tokens. Products that use an automatic contract systems will initially include an additional 20% NUX buyback. At the moment we cannot determine the ratio of the number of staked NUX to the size of the discount. The maximum discount can be up to 90% on the Swapyโs principle.
Products in which it is planned to initially introduce a system of discounts:
Hedge platform
Automated liquidity price range balancer
Products with 20% buyback at NUX:
FeeNo
๐ฏREM to NUX swap
We have already collected more than 90% of ERC20 addresses from REMChain. The preliminary, swap will begin in the first week of June. More details will be provided in a separate announcement.
๐ฏHedge platform for high liquidity pools
Over the past few weeks, the market has given us the opportunity to test our algorithms not only in a bull market, but also in a falling one. The results of the work are very inspiring. Our theory of the independence of our products from the market sentiment has been proven in a practice. And this gives us optimism for at least the next 12 months. Also, We plan to launch an updated calculator next week and test it publicly.
๐ฏFeeNo
We are actively preparing for writing a smart contract. Reached a consensus on the architecture of the product. UI for MVP is also in development.
๐ฏLiquidity Yield
All buyback tokens will be sent to the smart contract and distributed as a reward among users who have staked unlocked NUX tokens. The planned launch date is June. This utility will replace reward Program 1.
๐ฏNew Products
We continue to generate new ideas for existing products and possibly new ones. We do not plan to release any new products until the main product list and NUX tokenomics are ready.
โ๏ธ MARKETING
๐ฏInternal Funds reserves that we do not spend
1) ะกEX/DEX product has $1.2m reserved
2) Flashbot Competitor has $400 reserved
3) Fair Launch has $1.2m reserved
Part of our finance is not in crypto and we fixed most of it right after the token sale and continue to fix a certain part of the revenue. Thanks to our policy and the risk management, the flash crash this Wednesday practically did not affect the financial part of our company, except for the reserved funds in ETH. All our earnings are either in stable coins or fiat.
๐ฏAnother marketing activities
We are going to several conferences next week in Dubai, then Miami and one more city where we have very important partner to make contacts and discuss listings and attracting clients for our products. On May 27 Alex will have a panel discussion with Coindesk on Consensus 2021. Weโre also in touch with a couple of big youtubers and influencers.
Peanut team on AIBC Summit 2021 in Dubai
AIBC UAE will take place on the 25th to 26th May, 2021, in the emirate of Dubai. The event, which is held at the InterContinental Dubai Festival City will bring together key brands and individuals from the converging sectors of AI, blockchain, IoT, Quantum Tech to discuss and shape the future of emerging tech.
Follow the link to know more: https://aibc.world/events/uae/general-info/
AIBC UAE will take place on the 25th to 26th May, 2021, in the emirate of Dubai. The event, which is held at the InterContinental Dubai Festival City will bring together key brands and individuals from the converging sectors of AI, blockchain, IoT, Quantum Tech to discuss and shape the future of emerging tech.
Follow the link to know more: https://aibc.world/events/uae/general-info/
Peanut partners with Bring.Finance to launch $NUX liquidity mining ๐
๐นBring.finance platform releases on May 28 together with the first Ring ๐ฅ
๐นFarm $NUX along with 4 other tokens๐ฐ
๐นAPY 150% paid in $NUX $BRNG $APYS $HAPI $1MIL๐ฐ
๐นRead more details about the launch in the explainer article below ๐โโ
https://bringfinance.medium.com/platform-launch-on-may-28-884771b3bbc6
๐นBring.finance platform releases on May 28 together with the first Ring ๐ฅ
๐นFarm $NUX along with 4 other tokens๐ฐ
๐นAPY 150% paid in $NUX $BRNG $APYS $HAPI $1MIL๐ฐ
๐นRead more details about the launch in the explainer article below ๐โโ
https://bringfinance.medium.com/platform-launch-on-may-28-884771b3bbc6
The first iteration of Peanut Hedge Platform
Now you can test the calculation of the preliminary savings: https://dev-hedge.peanut.trade/calculator
1๏ธโฃ Enter the liquidity amount
2๏ธโฃ Choose the period of time of providing the liquidity
3๏ธโฃ Enter the expected token price and check the results
During week we will share one more product MVP ๐ฅ
Now you can test the calculation of the preliminary savings: https://dev-hedge.peanut.trade/calculator
1๏ธโฃ Enter the liquidity amount
2๏ธโฃ Choose the period of time of providing the liquidity
3๏ธโฃ Enter the expected token price and check the results
During week we will share one more product MVP ๐ฅ