Nest Protocol Price (NEST)

Unlisted

What is Nest Protocol?

Nest Protocol is a web3 infrastructure, enabling the generation and programming of stochastic assets, and NEST protocol is the pioneer in Stochastic Assets mechanism that improves the web3 security by approaching crypto assets as information and managing the expected $NEST value.

What are NEST tokens?

Nest Protocol’s native token, NEST, is the protocol’s reward token which incentivizes users to provide accurate price quotes. It also carries a variety of applications: Value unit - NEST is used as the value unit of Stochastic Assets. $NEST can be burned or generated according to the on-chain's instructions. NEST will be destroyed as the cost of generating stochastic assets, while NEST could be generated when the stochastic assets are settled.

Income - NEST holders are eligible to receive weekly ETH dividends from the protocol’s fees, based on the proportion of NEST staked.

Participation - NEST tokens are required to participate in nToken bidding (more on nTokens below).

Governance - NEST allows users to vote on the protocol’s direction, where 1 NEST is equivalent to 1 vote. How does Nest Protocol work? 1.NEST is issued and destroyed by instructions, and it can solve the problem of atomic settlement and market clearing that ETH cannot. Furthermore, NEST utilizes the OMM (Omnipotent Market Maker) mechanism, which allows anyone to trade with the NEST system directly and can theoretically provide users with infinite liquidity. 2.NEST has been listed on 15 exchanges and has over 1.2 million community members; using NEST tokens can solve the problems of low credibility, high volatility of token supply, and a lack of liquidity when using the project's own tokens. 3. NEST's PVM allows for the generation and programming of on-chain stochastic assets, which can generate on-chain assets with any risk-return structure that users require. Because all on-chain applications involve the purchase of stochastic assets, NEST's potential market is to provide services for all on-chain applications. To know more about how the Nest Protocol works, you may refer to their whitepaper.

How much is Nest Protocol worth right now?

Nest Protocol is currently trading at ₱0.0187162120738759920000, with a price movement of --% over the last 24 hours. This live price offers a snapshot of real-time market activity and investor sentiment.

Is NEST going up or down today?

NEST has shown a price movement over the last 24 hours, reflecting how the market is reacting to recent news, trading volume, and developments within the Decentralized Finance (DeFi),Oracle,BNB Chain Ecosystem,Ethereum Ecosystem ecosystem.

How popular is Nest Protocol today?

The token has recorded ₱-- in 24-hour trading volume, indicating how many traders are actively buying or selling NEST.

What makes Nest Protocol different from other crypto assets?

As part of the Decentralized Finance (DeFi),Oracle,BNB Chain Ecosystem,Ethereum Ecosystem category and built on the -- network, NEST offers a specific utility and role within its ecosystem, which may include payments, staking, governance, or application-specific use cases.

How much NEST exists in the market?

There are 5929658302.90742 tokens in circulation today, which helps determine the token's scarcity and overall market value.

What is Nest Protocol's all-time high and low price?

The token's highest recorded price (ATH) is ₱13.99663808521747080000, while its lowest point (ATL) is ₱0.00064786434896040000, offering important context for long-term investors evaluating price cycles.