Node Aggregator Capital: What’s coming this March?

Node Aggregator Capital

4 min readMar 2, 2022

The team will start the month with a community update on what’s coming this month for our project and investors.

Website

First in our list is the full revamp of our website. The following will be integrated to our upcoming V2.0 website:

Live Node Count on our homepage
Live Countdown of the next node reward distribution snapshot for Avalanche Network on our homepage
Total Realized Gains on the dashboard
Integration of Various Calculator on the dashboard

The team will be adding more tools and features on the website after the initial deployment of V2.0 website.

Acquiring allocations from upcoming Node Projects

Second in our list is acquiring allocations from upcoming node projects on Avalanche network. As we all are aware that the node rewards distribution has already started on the network, the investment fund wallet is getting consistent amount of rewards which are used for this purpose. The projects that the development team is looking at right now is Etherstones and @projecteuropa_. The marketing team is contacting the respective projects and is looking to secure deals that would benefit NODAC and its holders. As soon as developments are locked on, the team will be announcing it in their social media platforms and discussion groups.

Coin Flip Game

Third in our list is the introduction of a Coin Flip game. Users will be able to deposit AVAX or NODAC tokens on the Coin Flip contract and participate on a game of Double or Nothing.

The team took on an inspiration on of @TheBreadmakerr post in his own twitter account on how protocols would put around new utilities and use cases on their native token through addition of simple games that will help on the overall sustainability of their project and increase buying pressure thus creating a healthy price action for the token itself.

A simple Coin Flip game also boomed in the Solana Ecosystem under the @degencoinflip project where almost $35,000,000 in volume had already been flipped.

For Node Aggregator Capital, we welcome the passive income enjoyers and the degens so the team decided that the incorporation of a Coin Flip game will bring a wider audience to the protocol.

Let’s deep dive into the implications of this implementation to Node Aggregator Capital.

One of the main purpose of this implementation is to garner profit that will be used to buyback $NODAC tokens in the open market and deposit them in the game contract to make the pool bigger.
As more $NODAC tokens are bought back, the effective percentage $NODAC holdings of holders increases as these tokens are deducted on the computation of Node dividends. Higher effective percentage of holdings leads to bigger rewards every cycle.
The commission taken from each game will be put in our vault which will subject to profit-sharing with $NODAC holders and, buyback and burn of $NODAC tokens.
This will help to burn tokens at a much faster pace thus getting us closer to Post-burn phase where 70% of Node rewards be given as dividends to holders. This is in accordance to our statement in our whitepaper, page 12 Buyback and Burn.
With an additional utility comes additional stream of income for $NODAC holders. The team aims to build around our native token and increasing its value over time while giving sustainable rewards through reflection and node dividends.

More of the technical details about the Coin Flip game will be revealed closer to it’s launch date. ETA is mid of March. This will then be launched as well on Fantom network, and the team hasn’t decided yet if it’ll be pushed through on Ethereum network due to gas fees.