Why aren't you trading on the Nominex exchange yet (where there are a lot of pairs and liquidity from Binance)?
Anonymous Poll
26%
I don't trade anywhere
15%
I trade on Nomiswap, I don't need another
9%
I trade on other exchanges, where everything suits me and I donโt want to change anything
9%
Nominex does not have all the trading pairs I need
3%
There are no order types I need on Nominex (write in the comments which ones)
12%
I trade futures and margin, which is not on Nominex
25%
I trade on Nominex
๐15๐4
Forwarded from Nomiswap News
๐ Boosting is in development for Nomiswap DEX and it is planned to be implemented soon
Are you a holder and plan to invest your funds for the long term? Boosting pool is right for you, as you can get more tokens in the same amount of time if you were holding them in a regular pool.
Also, a large number of users will have additional motivation to hold their assets, which is another solution on the way to improving the rate stabilization.
๐ค Watch roadmap:
https://nomiswap.gitbook.io/home/roadmap
More detailed news will appear in our channels, stay in touch so as not to miss them!
#Definitions
Are you a holder and plan to invest your funds for the long term? Boosting pool is right for you, as you can get more tokens in the same amount of time if you were holding them in a regular pool.
Also, a large number of users will have additional motivation to hold their assets, which is another solution on the way to improving the rate stabilization.
๐ค Watch roadmap:
https://nomiswap.gitbook.io/home/roadmap
More detailed news will appear in our channels, stay in touch so as not to miss them!
#Definitions
โค15๐2
Forwarded from Nomiswap News
๐ฅ 50,000 NMX will be shared by 30 users!
๐ฅ Take a review of the exchange and get a great prize!
Many users worry that they don't have time to make a video, but don't forget that the contest has been extended until August 10th, and you have one more week to get together and record a video review.
If you don't know what to tell, we have prepared shooting instructions and a detailed script for you โ it will be enough, but you can go beyond this and show your imagination.
Your chances of winning are very good, as we have as many as 30 prizes, and there are still not so many applications sent!
And don't worry about the competition, the last contest was won by ordinary users just like you.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ Take a review of the exchange and get a great prize!
Many users worry that they don't have time to make a video, but don't forget that the contest has been extended until August 10th, and you have one more week to get together and record a video review.
If you don't know what to tell, we have prepared shooting instructions and a detailed script for you โ it will be enough, but you can go beyond this and show your imagination.
Your chances of winning are very good, as we have as many as 30 prizes, and there are still not so many applications sent!
And don't worry about the competition, the last contest was won by ordinary users just like you.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐9
Forwarded from Nomiswap News
Nomiswap Pool Liquidity Statistics
๐ Nomiswap.io exchange is in the TOP-5 by TVL among all DEXs operating on the BNB chain network.
โ๏ธ Rating of exchanges:
https://defillama.com/protocols/dexes/BSC
๐ฅ Nomiswap also has the highest APR in stablecoin pools.
Do you want to trade on Nomiswap without commissions? Get the maximum level of farming!
Do you want extra income from farming time? Hold your tokens, don't remove liquidity and the holder bonus will keep increasing!
You can also build a referral team and earn income for farming and trading the team and personal referrals.
Ask questions in the comments if you are interested in the details.
๐ Farming is more profitable at Nomiswap.io/farms
๐ Nomiswap.io exchange is in the TOP-5 by TVL among all DEXs operating on the BNB chain network.
โ๏ธ Rating of exchanges:
https://defillama.com/protocols/dexes/BSC
๐ฅ Nomiswap also has the highest APR in stablecoin pools.
Do you want to trade on Nomiswap without commissions? Get the maximum level of farming!
Do you want extra income from farming time? Hold your tokens, don't remove liquidity and the holder bonus will keep increasing!
You can also build a referral team and earn income for farming and trading the team and personal referrals.
Ask questions in the comments if you are interested in the details.
๐ Farming is more profitable at Nomiswap.io/farms
๐6
Is it worth introducing a trading fee for swap on liquidity pools with NMX tokens up to 1% (currently 0.3%), followed by their redemption and NMX tokens burning? Approximately 5000 NMX per day will be burned.
Anonymous Poll
76%
Yes
24%
No
๐10
Cryptocurrency news digest for the last week
๐ BNB token ranked first in terms of daily growth among the TOP 10 cryptocurrencies.
๐ Meta has expanded its Instagram NFT integration pilot to 100 countries.
โก๏ธ Cryptocurrency market capitalization is in a narrow flat for the third session in a row in the corridor from $1.05 trillion to $1.10 trillion.
๐ Investors have been selling Bitcoin since the beginning of August and redistributing their funds to altcoins running on PoS algorithms.
โ๏ธ Bitcoin mining difficulty increased by 1.7% for the first time in two months.
๐ณ Binance and Mastercard launch Binance Card in Argentina
๐ฅท According to a report by analysts, GameFi (Play-to-Earn) industry projects carry a high risk of hacking for users, as they pay more attention to profit than security.
๐ฎโโ๏ธ South Korea plans to toughen penalties for tax evasion using cryptocurrencies
๐ฒ Anonymous user bought the nfts domain for $15 million through intermediaries
โก๏ธ The Agricultural Commercial Bank of China issued the first digital yuan loan in the history of this country
๐ Exchange cryptocurrency on DEX: Nomiswap.io/swap
๐ Exchange cryptocurrency on CEX: Nominex.io/markets
๐ BNB token ranked first in terms of daily growth among the TOP 10 cryptocurrencies.
๐ Meta has expanded its Instagram NFT integration pilot to 100 countries.
โก๏ธ Cryptocurrency market capitalization is in a narrow flat for the third session in a row in the corridor from $1.05 trillion to $1.10 trillion.
๐ Investors have been selling Bitcoin since the beginning of August and redistributing their funds to altcoins running on PoS algorithms.
โ๏ธ Bitcoin mining difficulty increased by 1.7% for the first time in two months.
๐ณ Binance and Mastercard launch Binance Card in Argentina
๐ฅท According to a report by analysts, GameFi (Play-to-Earn) industry projects carry a high risk of hacking for users, as they pay more attention to profit than security.
๐ฎโโ๏ธ South Korea plans to toughen penalties for tax evasion using cryptocurrencies
๐ฒ Anonymous user bought the nfts domain for $15 million through intermediaries
โก๏ธ The Agricultural Commercial Bank of China issued the first digital yuan loan in the history of this country
๐ Exchange cryptocurrency on DEX: Nomiswap.io/swap
๐ Exchange cryptocurrency on CEX: Nominex.io/markets
๐11
Forwarded from Nomiswap News
๐ฅ 50,000 NMX for 30 users!
๐ฅ Take a review of the exchange and get a great prize!
5 minutes โ and you have a chance to get from 10,000 NMX tokens! But there are no time limits.
You need to talk about the main sections of the exchange, and its advantages, the main requirements for review are below in the rules of the competition.
The more detailed and clear your review is, the more chances you have to win, and a personal example of trading operations in the video will be an advantage.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ Take a review of the exchange and get a great prize!
5 minutes โ and you have a chance to get from 10,000 NMX tokens! But there are no time limits.
You need to talk about the main sections of the exchange, and its advantages, the main requirements for review are below in the rules of the competition.
The more detailed and clear your review is, the more chances you have to win, and a personal example of trading operations in the video will be an advantage.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐9
Forwarded from Nomiswap News
๐ฅ 50,000 NMX will be shared by 30 users!
๐ฅ Take a review of the exchange and get a great prize!
As a reminder, the video review contest will run until August 10th, so you still have time to try and win a great prize.
If you have already made a video, offer to make it to one of your friends and acquaintances, so you will make a contribution to the development of the exchange.
It only takes 5 minutes and you will get a chance to win.
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ Take a review of the exchange and get a great prize!
As a reminder, the video review contest will run until August 10th, so you still have time to try and win a great prize.
If you have already made a video, offer to make it to one of your friends and acquaintances, so you will make a contribution to the development of the exchange.
It only takes 5 minutes and you will get a chance to win.
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐9๐ฅฐ2
Why are there bulls and bears on the exchange?
According to the Library of Congress, the first mention of these terms dates back to 1714.
Are you a bear or a bull?
Weekend category #Memes
According to the Library of Congress, the first mention of these terms dates back to 1714.
Are you a bear or a bull?
Weekend category #Memes
๐15
News summaries from the world of cryptocurrency for the last week
๐ Market Analytics
Bitcoin rose by 2.5% at the beginning of the week, and now its price is more than $23.5 thousand. The capitalization of the cryptocurrency market exceeds $1.1 trillion, while Bitcoin dominance has decreased to 40.4%
๐บ๐ธ US Inflation and the Market
The demand for digital assets now strongly determines the state of the global economy, fundamental news, as well as inflation in the United States. Analysts believe that the situation in the crypto market will be determined by inflation data in America. If a fall in the growth rate of consumer prices is recorded, then the Fed may lower the rate increase. If inflation decreases, then the cryptocurrency market can expect growth
๐ช๐ธ Crypto Spain
The Spanish financial market regulator CNMV surveyed the citizens of the country and found out that almost 7% of them have already invested in cryptocurrency. The survey involved 1,500 people of different ages and social groups.
๐ณ Whales and Dogs ๐ถ
According to WhaleStats, 10% of the total supply of Shiba Inu cryptocurrency is in the hands of whales. More than 2 thousand wallets of large Ethereum holders own a large number of SHIB tokens.
๐ Development of the Metaverses
Latin American Netflix has partnered with the Decentraland metaverse to promote Ryan Gosling's The Gray Man, as well as explore interactive ways for the brand to communicate with fans virtually. Decentraland created a location from the film โ a labyrinth, in order to pass which users need to know the plot of the film.
๐ Trade on CEX: Nominex.io/markets
๐ Trade on DEX: Nomiswap.io/swap
๐ Market Analytics
Bitcoin rose by 2.5% at the beginning of the week, and now its price is more than $23.5 thousand. The capitalization of the cryptocurrency market exceeds $1.1 trillion, while Bitcoin dominance has decreased to 40.4%
๐บ๐ธ US Inflation and the Market
The demand for digital assets now strongly determines the state of the global economy, fundamental news, as well as inflation in the United States. Analysts believe that the situation in the crypto market will be determined by inflation data in America. If a fall in the growth rate of consumer prices is recorded, then the Fed may lower the rate increase. If inflation decreases, then the cryptocurrency market can expect growth
๐ช๐ธ Crypto Spain
The Spanish financial market regulator CNMV surveyed the citizens of the country and found out that almost 7% of them have already invested in cryptocurrency. The survey involved 1,500 people of different ages and social groups.
๐ณ Whales and Dogs ๐ถ
According to WhaleStats, 10% of the total supply of Shiba Inu cryptocurrency is in the hands of whales. More than 2 thousand wallets of large Ethereum holders own a large number of SHIB tokens.
๐ Development of the Metaverses
Latin American Netflix has partnered with the Decentraland metaverse to promote Ryan Gosling's The Gray Man, as well as explore interactive ways for the brand to communicate with fans virtually. Decentraland created a location from the film โ a labyrinth, in order to pass which users need to know the plot of the film.
๐ Trade on CEX: Nominex.io/markets
๐ Trade on DEX: Nomiswap.io/swap
๐13
Forwarded from Nomiswap News
Custom farming pools โ what awaits you on Nomiswap in the near future
A lot of users are waiting for boosting, but what about custom farming pools?
This solution is innovative in many ways. We will give users and companies the ability to create pools with their own token and run farming in them, which should motivate people to add liquidity to the exchange.
This whole process will be intuitive: adding your farming pool to the exchange will take just a couple of clicks and a few minutes, without requiring any programming knowledge at all.
This update is designed to increase the functionality of the exchange and positively affect the entire ecosystem.
Advantages of custom pools:
๐น Token developers do not need to create their own ecosystem, they will be able to promote them on the growing Nomiswap DEX. They will also talk about the exchange to their community.
๐น People who land on Nomiswap for farming will learn about the ecosystem and its benefits.
๐น The ability to create a custom pool opens when you reach the MAX farming level โ users will need to provide $10,000 of liquidity to the exchange.
๐น Custom farming pools can serve to increase trading pairs on the exchange, inflow of liquidity and help Nomiswap rise in the ratings.
Please note that custom pools will not be displayed in the general list on the farming page, but will be available via a direct link.
A lot of users are waiting for boosting, but what about custom farming pools?
This solution is innovative in many ways. We will give users and companies the ability to create pools with their own token and run farming in them, which should motivate people to add liquidity to the exchange.
This whole process will be intuitive: adding your farming pool to the exchange will take just a couple of clicks and a few minutes, without requiring any programming knowledge at all.
This update is designed to increase the functionality of the exchange and positively affect the entire ecosystem.
Advantages of custom pools:
๐น Token developers do not need to create their own ecosystem, they will be able to promote them on the growing Nomiswap DEX. They will also talk about the exchange to their community.
๐น People who land on Nomiswap for farming will learn about the ecosystem and its benefits.
๐น The ability to create a custom pool opens when you reach the MAX farming level โ users will need to provide $10,000 of liquidity to the exchange.
๐น Custom farming pools can serve to increase trading pairs on the exchange, inflow of liquidity and help Nomiswap rise in the ratings.
Please note that custom pools will not be displayed in the general list on the farming page, but will be available via a direct link.
Forward a message to friends๐19โค1
Forwarded from Nomiswap News
๐ฅ 50,000 NMX will be shared by 30 users!
๐ฅ Take a review of the exchange and get a great prize!
An additional task for the contest is the publication of an article about the exchange, this will give you additional chances to win. An article can be, for example, an edited script for a review.
But remember that it is important to publish an article in media resources such as Medium, Reddit, forums, blogs, etc. Social networks is not suitable for posting.
If you have already filled out an application with a link to an article on social networks, publish it on another site and send the link to @marknmx PM along with a link to your video.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ Take a review of the exchange and get a great prize!
An additional task for the contest is the publication of an article about the exchange, this will give you additional chances to win. An article can be, for example, an edited script for a review.
But remember that it is important to publish an article in media resources such as Medium, Reddit, forums, blogs, etc. Social networks is not suitable for posting.
If you have already filled out an application with a link to an article on social networks, publish it on another site and send the link to @marknmx PM along with a link to your video.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐9๐1
๐ฅ 50,000 NMX will be shared by 30 users!
๐ฅ Take a review of the exchange and get a great prize!
Only 2 days left until the end of the competition!
But this is quite enough to make a good review, because we have prepared a complete shooting scenario for you. You just need to follow it and show what is happening on the screen, then you will get a chance to get into the top thirty winners.
The review will not take much time, according to the rules, only 5 minutes of video is enough, in addition, you can capture the screen directly from your smartphone. Below are the video recording instructions.
You can also publish an article in the media (but not in social networks), and then you will get additional chances to win.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ Take a review of the exchange and get a great prize!
Only 2 days left until the end of the competition!
But this is quite enough to make a good review, because we have prepared a complete shooting scenario for you. You just need to follow it and show what is happening on the screen, then you will get a chance to get into the top thirty winners.
The review will not take much time, according to the rules, only 5 minutes of video is enough, in addition, you can capture the screen directly from your smartphone. Below are the video recording instructions.
You can also publish an article in the media (but not in social networks), and then you will get additional chances to win.
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐8๐ฉ2๐ฅ1
Forwarded from Nomiswap News
List of Basic Cryptocurrency Terms
This dictionary will be especially relevant for beginners and those who want to improve their Cryptian language!
What other popular and interesting terms do you know? Write in the comments
๐ Read:
https://telegra.ph/Basic-cryptocurrency-terms-08-09
This dictionary will be especially relevant for beginners and those who want to improve their Cryptian language!
What other popular and interesting terms do you know? Write in the comments
๐ Read:
https://telegra.ph/Basic-cryptocurrency-terms-08-09
๐11๐ฅ1
The most popular fork of Bitcoin is Litecoin (LTC).
As a fork, Litecoin was able to accommodate the following benefits:
๐น It takes an order of magnitude less time to complete transactions. This is due to the reduced block generation time.
๐น Efficiency. The queue of payment transactions is much smaller. The faster the processing of payments in the system, the fewer transactions will be on the waiting list. Operations are carried out much faster with minimal commissions.
๐น Low cost. Transactions are much cheaper for users. Compared to the same Bitcoin, the transfer fee is 30-40 times less.
โ๏ธ Exchange LTC on Nominex:
https://nominex.io/markets/LTC/USDT
As a fork, Litecoin was able to accommodate the following benefits:
๐น It takes an order of magnitude less time to complete transactions. This is due to the reduced block generation time.
๐น Efficiency. The queue of payment transactions is much smaller. The faster the processing of payments in the system, the fewer transactions will be on the waiting list. Operations are carried out much faster with minimal commissions.
๐น Low cost. Transactions are much cheaper for users. Compared to the same Bitcoin, the transfer fee is 30-40 times less.
โ๏ธ Exchange LTC on Nominex:
https://nominex.io/markets/LTC/USDT
๐7โค1
Forwarded from Nomiswap News
โ๏ธ Make assets work for you
Many people keep money in cryptocurrency on their wallets and do not even think about the fact that they can bring additional profit.
Hold is good, but what about more?
If you have invested in crypto assets, then it is a great idea to make them work for you.
Nomiswap DEX offers attractive annual interest rates for providing liquidity through a profitable farming mechanic.
You block funds on smart contracts and receive regular deductions every second with the ability to withdraw everything at any time.
๐ Nomiswap is a decentralized exchange, it does not have a central governing body, all transactions take place between users directly, and the smart contracts of the pools have been audited by the reputable company CertiK.
In addition, if you want to avoid the risks of cryptocurrency price fluctuations, you can store funds in stablecoins. Nomiswap has the most attractive return on dollar-pegged pools.
๐ More profitable farming: Nomiswap.io/farms
Many people keep money in cryptocurrency on their wallets and do not even think about the fact that they can bring additional profit.
Hold is good, but what about more?
If you have invested in crypto assets, then it is a great idea to make them work for you.
Nomiswap DEX offers attractive annual interest rates for providing liquidity through a profitable farming mechanic.
You block funds on smart contracts and receive regular deductions every second with the ability to withdraw everything at any time.
๐ Nomiswap is a decentralized exchange, it does not have a central governing body, all transactions take place between users directly, and the smart contracts of the pools have been audited by the reputable company CertiK.
In addition, if you want to avoid the risks of cryptocurrency price fluctuations, you can store funds in stablecoins. Nomiswap has the most attractive return on dollar-pegged pools.
๐ More profitable farming: Nomiswap.io/farms
๐13
Forwarded from Nomiswap News
Pools with concentrated liquidity
Nomiswap is scheduled to roll out 3 new major updates in August.
1๏ธโฃ Boosting pools โ to reduce the number of circulating NMX tokens in the free market.
2๏ธโฃ Custom farming pools โ to attract liquidity from third-party projects and to increase the utility of the NMX token.
3๏ธโฃ New stablecoin pools based on concentrated liquidity technology โ to increase trading volume and reduce the emission of NMX tokens through farming.
In this post, we will talk about new pools with concentrated liquidity
Concentrated liquidity is a new, more technologically advanced type of liquidity pool that will actually increase the effective liquidity used in swaps/exchanges by up to 100 times. That is, if $9 million is currently in the usdc/usdt pool, then when this liquidity is migrated to a new pool, it will be possible to exchange stablecoins in this pool, as if there were 900 million liquidity in this pool (in the current implementation).
This can automatically increase the volume of trading on Nomiswap for this pool, at least due to arbitrage bots and liquidity aggregators. And as a result, increase trading commissions, which, among other things, are used to pay remuneration to liquidity providers. This is our first step in shifting liquidity provider rewards from NMX token farming to trading fees, which will help reduce issuance.
The first version of this update will affect pools with stablecoins only. But development is already underway for other pools.
What are the advantages of pools with concentrated liquidity?
๐น Trading volume for these pools may increase. This may contribute to a greater influx of traders, and as a result, an increase in the volume of trading commissions, which, among other things, will be used to reward liquidity providers.
๐น Thanks to the payment of liquidity provider rewards through commissions, it is planned to reduce the share of NMX tokens as liquidity provider rewards, which will reduce the issuance of the NMX token.
๐น Concentrated liquidity will make it much more profitable to make exchanges and trades on such pools, and when exchanging one token for another, get more of the second token.
๐น Liquidity in such pools on Nomiswap will be more often "noticed" by liquidity aggregators of decentralized exchanges, which can transfer significantly more exchange transactions of their users to these pools, thereby increasing trading volumes on Nomiswap.
๐นFor liquidity providers, the operation of the new pools will be indistinguishable from the pools in the current implementation.
Among the popular dexes (TOP-5 in terms of TVL-volume of funds blocked on smart contracts) on the BNB blockchain, there are not yet those who have implemented such a technology. Uniswap and Curve are some of the best-known examples of this technology.
IMPORTANT!
You will be able to transfer liquidity from old pools to new ones without losing the holder bonus.
Nomiswap is scheduled to roll out 3 new major updates in August.
1๏ธโฃ Boosting pools โ to reduce the number of circulating NMX tokens in the free market.
2๏ธโฃ Custom farming pools โ to attract liquidity from third-party projects and to increase the utility of the NMX token.
3๏ธโฃ New stablecoin pools based on concentrated liquidity technology โ to increase trading volume and reduce the emission of NMX tokens through farming.
In this post, we will talk about new pools with concentrated liquidity
Concentrated liquidity is a new, more technologically advanced type of liquidity pool that will actually increase the effective liquidity used in swaps/exchanges by up to 100 times. That is, if $9 million is currently in the usdc/usdt pool, then when this liquidity is migrated to a new pool, it will be possible to exchange stablecoins in this pool, as if there were 900 million liquidity in this pool (in the current implementation).
This can automatically increase the volume of trading on Nomiswap for this pool, at least due to arbitrage bots and liquidity aggregators. And as a result, increase trading commissions, which, among other things, are used to pay remuneration to liquidity providers. This is our first step in shifting liquidity provider rewards from NMX token farming to trading fees, which will help reduce issuance.
The first version of this update will affect pools with stablecoins only. But development is already underway for other pools.
What are the advantages of pools with concentrated liquidity?
๐น Trading volume for these pools may increase. This may contribute to a greater influx of traders, and as a result, an increase in the volume of trading commissions, which, among other things, will be used to reward liquidity providers.
๐น Thanks to the payment of liquidity provider rewards through commissions, it is planned to reduce the share of NMX tokens as liquidity provider rewards, which will reduce the issuance of the NMX token.
๐น Concentrated liquidity will make it much more profitable to make exchanges and trades on such pools, and when exchanging one token for another, get more of the second token.
๐น Liquidity in such pools on Nomiswap will be more often "noticed" by liquidity aggregators of decentralized exchanges, which can transfer significantly more exchange transactions of their users to these pools, thereby increasing trading volumes on Nomiswap.
๐นFor liquidity providers, the operation of the new pools will be indistinguishable from the pools in the current implementation.
Among the popular dexes (TOP-5 in terms of TVL-volume of funds blocked on smart contracts) on the BNB blockchain, there are not yet those who have implemented such a technology. Uniswap and Curve are some of the best-known examples of this technology.
IMPORTANT!
You will be able to transfer liquidity from old pools to new ones without losing the holder bonus.
๐18
Forwarded from Nomiswap News
This is the last day of the competition.
๐ฅ But you still have a chance to make a video!
Make a video (from 5 minutes) according to our scenario, review the Nomiswap exchange and get a chance to enter the top thirty.
It's simple and won't take long. In the past, our competition was won by ordinary users, just like you, so you have every chance!
Don't waste time, turn on the screen recording and talk about the sections of the exchange according to the scenario - this is your opportunity ๐
Also, your videos will be published in a special channel: @nmxcreative
And this applies not only to the video for the contest, but also to any reviews of our projects.
For publication, you can write to the PM @marknmx
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐ฅ But you still have a chance to make a video!
Make a video (from 5 minutes) according to our scenario, review the Nomiswap exchange and get a chance to enter the top thirty.
It's simple and won't take long. In the past, our competition was won by ordinary users, just like you, so you have every chance!
Don't waste time, turn on the screen recording and talk about the sections of the exchange according to the scenario - this is your opportunity ๐
Also, your videos will be published in a special channel: @nmxcreative
And this applies not only to the video for the contest, but also to any reviews of our projects.
For publication, you can write to the PM @marknmx
๐ Total prize pool: 50,000 NMX
๐ 30 prizes!
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
How to participate and what to film?
๐ Read the contest rules:
https://docs.google.com/document/d/1b6guZOPbRKV-iTqpkSDMOhSoATA3AdAcl2_9DeLzOVI/edit?usp=sharing
โWhat if I don't know how to record video?
We have prepared 2 instructions for you:
๐ท How to shoot a video using a computer
๐ท How to take a video using a smartphone
The video itself and its description must contain the same referral link.
โ APPLY:
https://forms.gle/zrAR3njiaocRjtzC9
Send a message to your friends, let them also participate in the contest
๐12๐ฅ1
๐ Another video review contest has come to an end!
Wait for the results
Thanks to all users for participating! It was a really productive 3 weeks.
During this time, we were sent about 180 videos in various languages.
โณ Now it's time to wait.
There are quite a lot of videos, and many of them are long, and we watch each video in great detail, so we will need time to evaluate.
Approximately this period is from 2 weeks, but the time may increase.
We will announce the results as soon as all videos are reviewed and evaluated.
๐ Competition Prize Fund: 50,000 NMX
๐ 30 winners
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
Videos will be gradually published in the https://t.me/nmxcreative channel and duplicated in our chats.
If you want to publish your video faster, PM it to @marknmx
You can also send any video reviews of the Nominex ecosystem, not only for the contest, and we will publish them.
Wait for the results
Thanks to all users for participating! It was a really productive 3 weeks.
During this time, we were sent about 180 videos in various languages.
โณ Now it's time to wait.
There are quite a lot of videos, and many of them are long, and we watch each video in great detail, so we will need time to evaluate.
Approximately this period is from 2 weeks, but the time may increase.
We will announce the results as soon as all videos are reviewed and evaluated.
๐ Competition Prize Fund: 50,000 NMX
๐ 30 winners
1st place: 10,000 NMX
2nd place: 7,000 NMX
3rd place: 5,000 NMX
4th place: 3,000 NMX
5th place: 2,000 NMX
6th-10th places: 1,000 NMX
11-20 places: 800 NMX
21st-30th places: 500 NMX
Videos will be gradually published in the https://t.me/nmxcreative channel and duplicated in our chats.
If you want to publish your video faster, PM it to @marknmx
You can also send any video reviews of the Nominex ecosystem, not only for the contest, and we will publish them.
๐8
Digest of the latest news from the cryptocurrency world
โ๏ธ Users is looking forward to the transition of Ethereum to PoS from PoW. The third and final merge on the Goerli testnet has been completed.
๐ On August 10, the number of bitcoin addresses with more than 1 BTC rose to an all-time high of 894.3 thousand.
โฌ US inflation fell to 8.5%, which was the reason for increasing investor appetite for the cryptocurrency market.
๐ Against the backdrop of data on declining inflation in the US, the bitcoin rate rose by 7% and reached a maximum of $24.5 thousand.
๐ Nvidia has released a set of tools for developers of the metaverse. With it, you can make realistic animations and physics of models.
๐ฒ Russian social network VKontakte announced a large-scale update of the mobile application interface to integrate new features, including those related to NFT and Web 3.0.
โ Analysts have recorded an influx of Tether (USDT) stablecoins to exchanges. In 3 months, the total stablecoin supply increased from 19.7% to 42%.
โ๏ธ Members of the UK Parliament have launched an investigation into plans to turn the country into a global hub for crypto investment.
๐ Samsung Electronics has signed a Memorandum of Understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem.
๐ก The Thai authorities are planning to introduce amendments to the legislation aimed at tightening the regulation of the cryptocurrency industry.
๐ Swap tokens on DEX: Nomiswap.io/swap
๐ Exchange tokens on CEX: Nominex.io/markets
โ๏ธ Users is looking forward to the transition of Ethereum to PoS from PoW. The third and final merge on the Goerli testnet has been completed.
๐ On August 10, the number of bitcoin addresses with more than 1 BTC rose to an all-time high of 894.3 thousand.
โฌ US inflation fell to 8.5%, which was the reason for increasing investor appetite for the cryptocurrency market.
๐ Against the backdrop of data on declining inflation in the US, the bitcoin rate rose by 7% and reached a maximum of $24.5 thousand.
๐ Nvidia has released a set of tools for developers of the metaverse. With it, you can make realistic animations and physics of models.
๐ฒ Russian social network VKontakte announced a large-scale update of the mobile application interface to integrate new features, including those related to NFT and Web 3.0.
โ Analysts have recorded an influx of Tether (USDT) stablecoins to exchanges. In 3 months, the total stablecoin supply increased from 19.7% to 42%.
โ๏ธ Members of the UK Parliament have launched an investigation into plans to turn the country into a global hub for crypto investment.
๐ Samsung Electronics has signed a Memorandum of Understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem.
๐ก The Thai authorities are planning to introduce amendments to the legislation aimed at tightening the regulation of the cryptocurrency industry.
๐ Swap tokens on DEX: Nomiswap.io/swap
๐ Exchange tokens on CEX: Nominex.io/markets
๐7