Nominex News Channel
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Nominex - crypto exchange with an internal token NMX, which is distributed via Yield Farming model.

Official website
https://nominex.io?us=tgen

English Chat
@NominexExchange

πŸ”— All Nominex useful links and media
https://linktr.ee/Nominex.io
Download Telegram
This bot sends each NMX price change.

@nmx_price_bot
We have finally added a chart of the price change of the NMX token, without waiting for the creation of a trading pair on the Nominex exchange itself.

The chart is available at the bottom of the page https://nominex.io/my/nmx/

Have fun!
NMX price goes up during last day.
66% growth πŸš€
What is next?
Anonymous Poll
20%
1$
38%
2$
43%
ATH
πŸ”₯ Almost $1 million in the liquidity pool πŸ’° πŸ’° πŸ’°

πŸ•ΊAs uncle Darwin taught us, it only took humanity a few million years to evolve into a sentient being. And the NMX token only needed 3 days to increase the amount of liquidity in the pool to almost $1 million!

πŸ’Έ Let's push it up and get to a million by morning? Invite your friends, tell them about the project, the more people start adding assets to the pool, the higher the price. These people will become part of your farming team and bring in even more money. After all, very soon we will also launch team farming. πŸ‹πŸ»β€β™€οΈπŸ‹πŸ»β€β™€οΈ
πŸ‘€ Track the growth of the NMX price online

πŸ“ŒNow you can easily check if the price on NMX tokens is growing. Specifically for that we have created a chart, you can find it under "My Statistics". πŸ“ˆ

πŸ–‡Together with the changes in the price of our decentralized NMX token, you can still find information on:

πŸ”Ήhow many tokens do you have in your account,
πŸ”Ήhow many NMX-LP tokens are in the staking,
πŸ”Ήhow much is personally farmed.

Team farming will also be available very soon. Don't waste your time, you can invite your friends to have a NMX steak right now!
πŸ‘1
$2 is very near
🌐 Nominex is actively expanding in the global market!

✴️ The well-known YouTube channel CryptosRUs with an audience of 140k subscribers told about us in the new video: https://www.youtube.com/watch?t=1272&v=D3kTJ_x0V1M.
πŸ”₯ Now we will work even more actively with Western bloggers to make Nominex and our unique utility farming program popular all over the world!
Subscribe to the bot to receive real-time notifications when prices rise or fall.

@nmx_price_bot
Forwarded from NMX Price
⬆️ NMX Price $2.07; Total liquidity $1,485,486.04
Today 7 days have passed since the start of farming. This means that the daily pool has decreased from 40,000 NMX to 30,000 NMX.

On the one hand, each person will receive less for personal farming - right now the annual return is 896%.

On the other hand, today we will definitely launch a bonus for the duration of farming. And also in the next 1-2 days - a bonus for direct referral farming and team farming.

It turns out that without active bonuses, the actual daily pool was 22,500 NMX.
And after the activation of all bonuses, the daily pool will be 30,000 NMX - in sum the profitability will increase due to additional bonuses.
It is no secret that we have taken a very responsible approach to the development of smart contracts and their reliability.

To guarantee the safety of your funds and protect contracts from hacking, we have passed a security audit.

Audit was performed by company unhash.io

The company is good, but the most important thing is the people who work in the companies.

Our audit was carried out under the supervision and direct participation of one of the most reputable auditors in the global market at the moment - Alexey Makeev (https://linkedin.com/in/alexey-makeev-98471884).
For example, he previously conducted contract audits for the world's top project Aave.

Link to document with audit results of Nominex contracts: https://github.com/unhash-security/reports/blob/main/Nominex/NMX_Token_and_Staking_Smart_Contracts.pdf
πŸ‘1
We are pleased to announce that today we have activated the bonus accrual for the duration of farming.

Every day at 0:00 UTC, this bonus is automatically credited in the form of additional NMX tokens to each person who participates in personal farming.

The size of the daily pool of this bonus is exactly 20% of the pool of tokens that are distributed through personal farming.

Currently, the daily pool of personal farming is 18,750 NMX.

The daily bonus pool for the duration of farming is 3,750 NMX.

This bonus is awarded to all farmers in proportion to their funds invested in staking, similar to the rules for NMX distribution in personal farming. The only difference is that when calculating the bonus for the duration of farming, increasing coefficient is used, depending on the duration of your continuous farming.

Continued in the next post.
Continuation of the previous post.

For example, if you farm for 7 days or more, then the profitability from this bonus increases by 20%.
If 15+ days - 50%
If 30+ days - 100% (doubling the bonus)
If 60+ days - triple the bonus
If 90+ days - increase the profitability by 4 times
If 180+ days - increase the profitability by 6 times
If 360+ days - increase the profitability by 10 times

Attention!
Tokens in the form of this bonus are credited to your NMX wallet on Nominex, not to metamask. If you want to invest the received tokens in farming, you will first need to send these tokens from the Nominex wallet to your wallet in metamask.

Important!
1. If you unstake (even if partially), then your accumulated days will be reset to zero. You will need to start saving them from scratch.

2. If you decide to add additional funds to staking, then the number of accumulated days will be recalculated according to a certain formula.
Calculation example
You stake 4000 USDT for 6 days, then add another 2500 USDT. In this case, a proportional recalculation of the staking time will take place according to the formula: (4000 * 6) / (4000 + 2500) = 3.7 days. Rounding up to whole days gives the 3 days. That is, when the amount of staking increases from 4000 to 6500 USDT, your accumulated days will decrease from 6 to 3.

You can find information on the received bonuses for the duration of farming in your personal account at the link:
https://nominex.io/my/nmx/personal-staking

All detailed information about the bonus and the rules of accrual can be found in the White Paper:
https://nominex.io/docs/nominex-whitepaper.pdf (5.11. Time Staking Bonus)
New bonus - Direct Referrals Farming Reward πŸš€

Already today, for the first time, bonuses for direct referral farming have been awarded. And now you will receive them every day.

This is the first of two types of bonuses that can be received for farming NMX tokens by other users on the Nominex platform.

You receive this bonus when your direct referrals farm NMX tokens.

In order to start receiving this bonus, it is necessary that at least 1 person who is engaged in the farming of NMX tokens must register using your referral link.

Mechanics
The bonus is paid to all users once a day at 0:00 UTC.
Over the past day, all NMX tokens that have been farmed by all of your direct referrals are summed up. And a certain percentage is taken from the resulting amount, which will be your reward.
The percentage corresponds to the affiliate level, and the affiliate level is determined by the amount of funds that you personally invested in staking for NMX farming.

STARTER (<100 USDT) - 0% bonus
PARTNER (100 USDT) - 5% bonus
PRO (300 USDT) - 8% bonus
VIP (1,000 USDT) - 10% bonus
ELITE (3,000 USDT) - 15% bonus
MAX (10,000 USDT) - 20% bonus

Example
You have invested 5,000 USDT in staking, which means you are automatically assigned an ELITE partner level. Over the past day, all your direct referrals have farmed 2200 NMX. So your bonus for farming direct referrals will be: 15% of 2200 = 330 NMX.
If you personally staked USDT 10,000 or more, your bonus would be 20% of 2200 NMX = 440 NMX.

Also, the more money you invest in staking itself gives you the opportunity to farm more NMX tokens on personal staking.

Attention!
Tokens in the form of this bonus are credited to your NMX wallet on Nominex, not to metamask. If you want to invest the received tokens in farming, you will first need to send these tokens from the Nominex wallet to your wallet in metamask.

You can find information on the received bonuses for the farming of direct referrals in your personal account at the link:
https://nominex.io/my/nmx/team-staking

And also more detailed information on your entire affiliate program and affiliate structure on the page:
https://nominex.io/my/referrals/
πŸ‘1
Team Farming Bonus πŸš€

This is the second of two types of bonuses that can be earned for farming NMX tokens by other users on the Nominex platform.

You receive this bonus when users at any referral level in your affiliate structure farm NMX tokens.

In order to start receiving this bonus, you need to have at least 1 person in your left and right referral structures (teams) who are engaged in the farming of NMX tokens.
However, these people do not have to be your direct referrals.

Mechanics
The bonus is paid to all users once a day at 0:00 UTC.
Over the past day, all NMX tokens that have been farmed by all users in your left and right structure (team) are summed up. Then the team is determined, where the amount of farmed tokens is less. A certain percentage is taken from this amount, which will be your reward. That is, you get a bonus for the team farming of your weak team (which farms fewer tokens compared to the second team)
The percentage corresponds to the affiliate level, and the affiliate level is determined by the amount of funds that you personally invested in staking for NMX farming.

STARTER (<100 USDT) - 0% bonus
PARTNER (100 USDT) - 5% bonus
PRO (300 USDT) - 8% bonus
VIP (1,000 USDT) - 10% bonus
ELITE (3,000 USDT) - 15% bonus
MAX (10,000 USDT) - 20% bonus

Example
You have invested 5,000 USDT in staking, which means you are automatically assigned an ELITE partner level. Over the past day, all the people on your left team have farmed a total of 2,200 NMX. The people on the right team farmed the 3400 NMX. So your team farming bonus is 15% of 2200 = 330 NMX.
If you personally staked USDT 10,000 or more, your bonus would be 20% of 2200 NMX = 440 NMX. But by itself, a larger amount of funds invested in staking gives you the opportunity to farm more NMX tokens on personal staking, as well as receive higher bonuses on all other rewards, including direct referral farming.

Important!
When calculating the total farmed coins, the farming of all people in your structure is taken into account - even those who have not registered using your referral link. The main condition is to be in your structure.

Attention!
Tokens in the form of this bonus are credited to your NMX wallet on Nominex, not to metamask. If you want to invest the received tokens in farming, you will first need to send these tokens from the Nominex wallet to your wallet in metamask.

You can find information on the received bonuses for team farming in your personal account at the link:
https://nominex.io/my/nmx/team-staking

And also more detailed information on your entire affiliate program and affiliate structure on the page:
https://nominex.io/my/referrals/
How are we going to live further?

Today, the daily pool of distribution tokens has decreased from 30,000 to 10,500. What does this mean for you?

We distributed 30,000 tokens a day and it lasted 2 weeks. We called it the promo period for the fastest people. Indeed, it was possible to farm more tokens than now. But this is a reward for our fastest first farmers. Thanks to this, we created a buzz and started off powerfully.

Why can't this continue?
The number of farmers is growing every day, and if everyone has a high profitability in the number of tokens every day, then there seems to be nothing wrong with that. But why do people need a large amount of NMX tokens? That's right, in order to be able to exchange (that is, sell) them for dollars and use this money.
But what happens when a lot of people sell a coin? The price of the coin will inevitably fall. And the more coins you sell, the lower the price of the coin falls.
As a result, we have a situation where people still have a large number of cheaper coins in their hands. This is what is commonly called inflation throughout the world. And everyone knows that inflation must be fought.

Reducing the daily NMX allocation pool is an effective fight against inflation.

You may think that you will manage to sell coins faster than others, but this is illusion. All other people think the same way and in the end everyone is left with nothing. Moreover, the mechanism for changing the price of a token after each purchase or sale by absolutely every person is directly integrated into the mechanism of the liquidity pool.

A simple example

1. You have farmed 1000 NMX, which you can sell for $1 each NMX.
2. Or you farm 500 NMX, which you can sell for $3 each NMX.

In the first case, the total amount will be 1000 NMX * $1 = $1000
In the second: 500 NMX * $3 = $1500.

Which one will you choose?

If you want to understand all the details, then in the near future we will prepare an article, which will describe all the factors affecting the price of NMX, profitability from farming, and how it all fits into a single mathematical and economic model.