Gate.io to open NAX/USDT trading with voting support from the community!
By 12:00 noon on May 20th, 205 people had voted 2,095,581 in favor of a NAX/USDT market on Gate.io with over 500,000 votes being submitted within two hours.
Previously, Gate.io has supported NAX/ETH pairs and now users will have the opportunity to trade both ETH and USDT for NAX on Gate.io. The NAX/USDT trading will open on May 21st at 04:00 GMT on Gate.io. The withdrawal service will be available afterward.
- Deposit NAX at: https://www.gate.io/myaccount/deposit/NAX
- Trade NAX at: https://www.gate.io/trade/NAX_USDT
For details about the voting details and results, visit the Gate.io announcement: https://www.gate.io/en/article/17496
What is NAX?
NAX is the Nebulas community and ecosystem governance currency obtained through a fair and open method, without institutional financing, public financing or team reserves. It is the governance currency customized by the Nebulas blockchain according to the needs of the community and the ecosystem governance of the public chain. NAX is issued via decentralized staking (dStaking) NAS, so that the community can participate in the public chain governance in a fair and open manner. If you are not yet dStaking, learn more about it at nextdao.io.
The current total circulation supply of NAX is 1,034,880,329. The daily distribution volume varies based on the participation rate of the entire network with NAX autonomously being destroyed every cycle. However, the total distribution has a cap of 10 billion NAX and based on the current pledge rate of 45%, the total distribution rate is expected to be around 4.4bn NAX.
There are three ways to obtain NAX today:
- Participate in the decentralized staking of NAS via NAS nano pro to obtain NAX daily. In addition, cold/offline wallets can also be dStaked via the Nebulas Chrome extension.
- NAX is available for trade on exchanges gate.io and MXC.com
- NAX is available in SWFT.pro Blockchain via Instant cross-chain swaps.
Learn more about Nebulas:
Official website: Nebulas.io
Node Platform: node.nebulas.io
Smart asset platform nextDAO: nextDAO.io
New Telegram(EN): t.me/nebulasen
Telegram Node Operating Group: t.me/nasnode
Community Forum: community.nebulas.io