NAOS Finance Community Newsletter: Tokenomics
$NAOS Tokenomics Revealed!
We’re Finally Disclosing The Details Surrounding The Tokenomics of the $NAOS Token
Major news and events have been popping up left and right for NAOS Finance, with even more to come! One of the major highlights is our upcoming Polkastarter IDO coming up on April 30th, which is happening in the midst of this breathtaking crypto bull run!
The IDO will officially release the $NAOS token to the public — from there, things will really begin to take off, as holders will be able to begin utilizing the token to help run the NAOS ecosystem and community.
After the event, you will finally get your hands on $NAOS tokens on the open market — so we thought this would be perfect timing to share some additional informative details about our token.
NAOS Tokenomics
We’re delighted to reveal the tokenomics surrounding $NAOS for the very first time!
One of our biggest priorities is transparency, and we want to ensure our community and fans have all the information they need at their fingertips to make sure that investing in our token is the right move for you.
The $NAOS token has a total token supply of 300M tokens and its distribution will be divided out as follows:
We have also allocated an ecosystem fund, which will be distributed to provide liquidity provisioning, ensure smooth operations, effective marketing, building an engaged community and meaningful partnerships.
Reemphasizing on Trust, Integrity and to show how committed we are to our vision, the core team of NAOS and advisors, have agreed to a vesting schedule to align incentives. Some of our early investors will have a small portion of their tokens unlocked after the liquidity bootstrapping event, with the vast majority of the token subjected to 1.5 year of quarterly vesting schedule.
- Team: Vest over 2 years with quarterly release
- Advisors: Vest over 2 years with quarterly release
- Private investors: Vest over 1.5 years with quarterly release
- Ecosystem: 50% vest immediately, and remaining unlock after 1 year
NAOS Staking Pools
In order to ensure the smooth operation of the NAOS Lending Protocol, Staking Pools and Effective Governance within the NAOS Protocol, the team has decided that any additional token release to support the ecosystem will come from the liquidity incentives pool.
The liquidity incentives pool will also play a huge role to support the upcoming staking pools, which can be expected shortly after the DEX listing.
Additional information on the $NAOS token and the staking pool launch will be released on our website and social media including financial and use case details.
$NAOS will be available on popular DEX Uniswap for trading on the secondary market. You can learn how to purchase our token here.
About NAOS Finance
NAOS Finance is a DeFi lending protocol allowing lenders and SME borrowers to facilitate permissionless and borderless loaning/borrowing transactions on the blockchain. Built on Ethereum, our platform lets users tokenize real-world assets and subsequent lending.
$NAOS is the governance token and can be used to interact with the protocol and earn rewards. Users have the option to lend, borrow, stake, and mine to transact with others around the globe and earn additional rewards with our token.
Additionally, we give users the ability to earn the highest interest rates on loans with identical terms and participate in private capital markets.
We operate compliantly and legally in top markets around the globe, maintaining safety as a top priority and fostering enhanced trust in the lending/borrowing process.
To remain informed on everything about our project, be sure to visit our website and join the family by following our social media platforms:
Website | Whitepaper | Telegram Announcements Channel | Telegram Community | Twitter
