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

🔗 All Nominex useful links and media
https://linktr.ee/Nominex.io
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Important information!

In official chats, it is forbidden to send referral links to chat participants and to try in every possible way to register a person using their link.

Users who are seen in such activity will be permanently banned.
🚜 Do you participate in 3 days of crazy farming? 🍃

📚 Ihodl.com shared with their readers about the 5x increased income from long staking on Nominex. Read more here.

🍰 You too still have time to grab your share of 7000 NMX per day, tick tock ⏰
đŸŽĸ Today already a lot has been said about the market situation, the crypto rates are being adjusted either because of some news, or the overbought market, but we do not despair.

At the same time, we observe the panic that has begun among our followers, and we urge you not to be afraid ī¸đŸ™…â€â™‚ī¸ Despite the circumstances, we are still working on our project, promoting the exchange, organizing NMX promo campaigns among bloggers, PR and listing on other sites ī¸đŸ§—â€â™‚ī¸

đŸŽ¯ We believe that in the near future there will be a price reversal, bitcoin has already bounced off the minimum mark. But perhaps now is the best time to enter the market for those who have been afraid to do so because of the high price of the token, a low share in the pool, or a number of other reasons.

🛑 Reminder: This post is in not an investment advice. Always make decisions about buying or selling cryptocurrencies on your own.
đŸĨž Message to those who do the NMX operations through the PancakeSwap.finance website

🔄 Soon, the PancakeSwap exchange will switch to the V2 update. The V2 version includes new smart contracts and many other useful innovations.

🤔 Many users had concerns that in this regard, previously invested funds under previous smart contracts may burn out or disappear. This won't be.

âš ī¸ There is another nuance.
If you do the operations with NMX tokens precisely through the PancakeSwap interface, you will need to switch to the previous V1 version of the exchange for this.

✅ As for operations through the nominex.io interface: you don't need to worry about charges, NMX will be credited to your account, and smart contracts will still work correctly without any changes. No additional action is required on your part.
đŸ’Ĩ Finally – NMX is listed on CoinMarketCap!

🎉 Listing on CoinMarketCap for us is a new level and recognition of our project. The link to us is here – https://coinmarketcap.com/currencies/nominex-token/.
🔝Listing on CMC became possible thanks to the well-coordinated work of our team and, of course, the support of our community. Now more people will discover our NMX utility coin!

📌Now the NMX token is presented on all top crypto resources:
đŸĻŽ Coingecko
â–Ēī¸ Blockfolio
🛡Trust Wallet
đŸĨž PancakeSwap
🔹DappRadar

👁 Add NMX token to your Watchlist and to your portfolio on CoinMarketCap.
To add the NMX token to the Watchlist, you need to click on the ⭐ to the right of the ticker of our coin.

*ī¸âƒŖ Price data may not be displayed correctly at the moment. Full synchronization will be completed within 24 hours and then all information will be updated correctly.
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âš ī¸ Recalculation of the holder bonus when reinvesting is activated again

🎁 Earlier, as a part of the promotional period, we temporarily suspended the recalculation of the holder bonus.
Since April 23, 17:15 UTC+3, the holder bonus is being calculated again.

â„šī¸ It is important to understand that when the holder bonus is recalculated, you do not farm less.
On the contrary, you farm more: after adding NMX and USDT to liquidity, your pool share in the Primary pool grows, and therefore in the Bonus pool it grows too. Accordingly, your daily reward from the personal farming grows too.

❔Why do we recalculate the holder bonus?

🤓 Firstly, let's figure out what a holder bonus is.
The holder bonus increases farm only from the Bonus pool.
The share in the Primary pool and in the Bonus pool is equal, but the sizes of the pools are different.

For example, if your pool share in the Bonus pool is 1% of 1300 NMX/day and you hold the liquidity for 7+ days, you get +20% to your pool share – that is, you will farm like the Bonus pool is increased by +20% – 1560 NMX/day.
â˜ī¸But this is not +20% to your total income from the Primary pool, or the Primary and Bonus pools. This is important to understand.

🔸Because the share in the Bonus pool is equal to the share in the Primary pool and is accrued during the hold time of your liquidity, then with increased share in the Primary pool, the holder bonus also increases, as your share has increased.

But at the same time, you do not hold the added liquidity during the whole time (as long as you hold your first deposit), you hold it less time, so a recalculation is necessary. This is fair.

â­ī¸ Take a look at the example:
The user staked 10 USDT and held them for 365 days, thereby he increased his share in the Bonus pool by 900%. And then he decided to stake another 1000 USDT.
In this case, the staking time is recalculated proportionally.

The arithmetic weighted average number of staking days for the new amount will be calculated using the formula: (10*365 + 1000*0) / (10+1000) = 3.6 days. Round up to whole days = 3.
That is, with an increased amount in the staking from 10 to 1000 USDT, the profitability increase coefficient in the Bonus pool will change in accordance with the total amount and the number of staking days and become equal to 3.
This means that to activate the multiplier by +20%, but to the 1010 USDT amount in the pool, you will need to hold your liquidity for 4 more days.

🔜 Soon, when we will add automatic reinvestment, it will be possible to reinvest without losing the holder bonus only if you do not sell the farmed NMX and add additional USDT.

â—žī¸We remind you that the holder bonus is completely reset if you connect your wallet to another account, removed any amount of NMX-LP from liquidity, or linked the wallet to your account, if this was not done earlier.
🔝Vote for the NMX listing on DeBank

â„šī¸ DeBank is a popular dashboard for tracking your DeFi portfolio.

✅ You can help us to get listed here. For it, you need to do only 4 actions:

1ī¸âƒŖ Go to the voting page – https://debank.com/vote/627.

❕Important! When performing further steps with Metamask, you won't pay any fees for these actions.

2ī¸âƒŖ Connect your Metamask wallet in the upper-right corner. In the pop-up window, click on Connect Wallet. Confirm the action in Metamask.
3ī¸âƒŖ Now, to the left of the Nominex (NMX) text, click the Up arrow. In the pop-up window, click on Verify. Confirm the action in Metamask.
4ī¸âƒŖ After that, click the Up arrow again. That's it, you've successfully voted!

🤗 Thank you so much for your participation in the development of Nominex!
🚨 An important post for those who are developing their affiliate structure.

đŸ‘Žâ€â™‚ī¸We noticed that some users of the exchange are trying to increase the number of their referrals using paid advertising.

â›”ī¸ Please be aware that the use of our Nominex brand names or NMX token for third party advertising purposes is prohibited. In the future, we will block accounts that are promoting themselves by using keywords like Nominex or NMX in any paid channels.
#NMXFarmingNumbers

đŸ”ĸ NMX farming in numbers

💡Current number of people farming NMX:
4 142 (âŦ†ī¸+101)
💡Pool size: $8 157 209 (-$582 458)
💡Current APY: 1 415%

❕Attention: the indicated APY does not include bonuses for the duration of staking, as well as direct referral and team farming. In reality the income including all the bonuses is much higher!

Number of people receiving bonuses for:
💡Direct referral farming: 591 (-69)
💡Team farming: 444 (-30)
đŸ“Ŗ Important announcement on the Nominex partner program

đŸ‘Ĩ We are changing the conditions for participation in the Nominex affiliate program, lowering the thresholds for obtaining partner statuses.

đŸ’ĩ You still have to have a certain amount of funds in crypto dollar equivalent (USDT) staked to unlock any of the following levels:

🔹 Partner - from 100 USDT
🔹 PRO - from 300 USDT
🔹 VIP - from 1,000 USDT
🔹 ELITE - from 5,000 USDT
🔹 MAX - 10,000 USDT or more

⏱ These changes take effect from now. The current statuses will be recalculated according to the new rules, that is, upwards 🎉
📉Transaction fees reduced in the new version of mobile Metamask wallet

🔸 Previously, Metamask mobile users faced the problem that network fees in the iOS or Android apps were significantly higher than in the PC version of the wallet.
✅This issue has been fixed in the latest version of mobile Metamask 2.1.0.

👀We recommend you to check the Metamask update in AppStore and Google Play and update to the latest version:

🍏Metamask for iOS - https://apps.apple.com/us/app/metamask/id1438144202

🤖Metamask for Android - https://play.google.com/store/apps/details?id=io.metamask
📈 NMX has +232% user growth

📊 The popular website CryptoRank has published new statistics. According to DappRadar, the number of NMX farmer users has grown by an impressive 232% over the month.

🏅The Nominex project took the honorable 3rd place in the user growth rate among all projects on the Binance Smart Chain.

đŸĻSource - https://twitter.com/CryptoRank_io/status/1387448710037184517?s=19.

😎 We will be glad to see your congratulations and retweets!
#NMXFarmingNumbers

đŸ”ĸ NMX farming in numbers

💡Current number of people farming NMX:
4348 (âŦ†ī¸+206)
💡Pool size:
$8 783 104 (âŦ†ī¸+$625 895)
💡Current APY: 1232%

❕Attention: the indicated APY does not include bonuses for the duration of staking, as well as direct referral and team farming. In reality the income including all the bonuses is much higher!

Number of people receiving bonuses for:
💡Direct referral farming: 715 (+124)
💡Team farming: 525 (+81)
đŸ“Ĩ Listing on Cryptocompare

👍 Great news! Another popular portal has updated the information about the NMX token on its website. Cryptocompare helps users follow the cryptocurrency markets with real-time prices, charts, free portfolio, and news.

👇You can subscribe to track our token or leave your feedback at the bottom of the page.
https://www.cryptocompare.com/coins/nmx/overview
#NMXFarmingNumbers

đŸ”ĸ NMX farming in numbers

💡Current number of people farming NMX:
4485 (âŦ†ī¸+137)
💡Pool size:
$9 006 883 (âŦ†ī¸+$223 779)
💡Current APY: 1090%

❕Attention: the indicated APY does not include bonuses for the duration of staking, as well as direct referral and team farming. In reality the income including all the bonuses is much higher!

Number of people receiving bonuses for:
💡Direct referral farming: 724 (+9)
💡Team farming: 527 (+2)
USDT BEP-20 (BSC) is now supported on Nominex 💰

đŸ’ĩ USDT in BEP-20 format is available for deposits and withdrawals in your exchange wallet on Nominex. All transactions now will run smoothly, especially the ones concerning the DeFi NMX.

👨‍🌾 Start farming without leaving Nominex. Now you can buy USDT directly at the exchange (for example, with a card) and transfer money to your Metamask or Trustwallet.
đŸŽ¯ The fees are low so you can easily deposits and withdraw USDT from an exchange wallet to any other platform supporting the BSC network.

🎉 We have been waiting for this opportunity for a long time and it will greatly simplify the life of many users.

🕐 USDT BEP-20 deposits and withdrawals will be fully available soon.
Reinvest button activated

🔄 Long-awaited one-button reinvest of farmed NMX activated.

âš™ī¸ Mechanics of work:

1. Click the "Reinvest" button. You must have the equivalent USDT of the farmed NMX in your wallet.
2. Click the "Confirm" button. After that, NMX + USDT from the wallet are automatically added to the liquidity pool, and NMX-LP tokens are sent to staking.
3. The holder's bonus will be preserved and will not be recalculated.

âš ī¸ Important:

- If you click the "Collect NMX" button, you will not be able to reinvest automatically and the holder's bonus will be recalculated upon manual reinvestment.
- Bonus NMX from exchange account are not used for reinvestment.