$NEXUS
The financial backbone of our entire ecosystem
The $NEXUS token is tightly integrated with our entire suite of dApps facilitating payments for various products, services or subscriptions across our various product lines.
ABOUT $NEXUS
What is $NEXUS and what is it used for?
$NEXUS will facilitate discounted transactions for Nexus Folio’s trading tools, limit orders and stop losses. Additionally, $NEXUS will be intertwined with our upcoming KRE8 and EDU products as well. For ease of use & user adoption Nexus will accept other crypto tokens as payment within their platform as well, however other cryptos will not enjoy the discounted price as opposed to $NEXUS holders. Holding and staking $NEXUS will grant you a premium membership depending on the amount staked.
The Basics
$NEXUS Quickview
$NEXUS
Utility
$NEXUS will facilitate discounted transactions for Nexus Folio’s trading tools, limit orders and stop losses. Additionally, $NEXUS will be intertwined with our upcoming KRE8 and EDU product lines.
By CerTik
Audit
The $NEXUS contract has been audited by Certik and has received a score of 95 out of 100. $NEXUS is also Certik SkyNet certified.
Economics of the
Token
The total supply of $NEXUS on all combined blockchains will always be 10,000,000 tokens.
Every buy of $NEXUS is subject to a 5% tax.Â
19% of the total supply of $NEXUS is held by Nexus LLC as a treasury.
cross
Chain
Due to the multi-chain nature of our product offerings, it would only be natural for the $NEXUS token to be cross-chain compatible with itself. Therefore $NEXUS will be available on BSC & CRO chains, adding support for more blockchains as the company grows over time.
But is it safe?
Security, Locks & Transparency
We've learned from other projects, our own past, & our advisors which allowed us to take an approach that aims to protect Nexus LLC & the holders of $NEXUS from malicious actors and human error. We are always transparent and do what's best for the community and holders first, weighing in the long-term aspects of the project.
OUR DATA
Token Distribution
19% of the total supply of $NEXUS is held by Nexus LLC as a treasury to be used for partnerships, team member hiring packages, marketing, giveaways, and supplying the staking pools. These tokens are locked until further notice. When these tokens are unlocked and moved, the community will be informed about the reason and the purpose of this action.
Example a
The Economy of the Nexus Ecosystem
User buys $NEXUS
The user will buy $NEXUS to use within the Nexus ecosystem.
Every buy of $NEXUS is subject to a 5% tax that will go directly towards SuperNova which will decide if the funds go to our LP or to marketing the project. The tax will never exceed 5% but may get lower in the future as the rest of the ecosystem and its revenue streams mature.
User performs action in the ecosystem
This action can be a range of things including but not limited to the following:
- Executing a Stop Loss order
- Executing a Limit Order
- Purchasing an advanced E-learning course
- Executing a cross-chain swap
- Purchasing premium features for NexyBuyBot
Etc.
Nexus dApp charges a fee to the user
for their action within the ecosystem
In case of any type of trade a certain % will be charged as a fee.
This fee can either be paid in the specific blockchains' native token (BSC, ETH, CRO Etc.)
OR this fee can be paid in $NEXUS in return for a lower charge resulting in utility & viability of the $NEXUS token.
For purchasable items like E-learning courses and NexyBuyBot subscriptions a monthly/yearly fee will be charged,
which again can be paid with major crypto's OR with $NEXUS at a discount.
Collected fees go to Nexus Treasury
All fees that are spend by users within the entire Nexus Ecosystem will be collected in the Nexus Treasury wallet.
That means the treasury will not only receive $NEXUS but also other major cryptocurrencies like ETH, BNB, CRO and many more,
including various stablecoins.
The Nexus Treasury will then do a range of things with the collected funds ranngning from the following:
Nexus Treasury supplies
Staking Pools
The $NEXUS staking pools are integral for the ecosystem.
Not only does it provide an
all-in-one subscription model
for the entire platform but it also helps raise the floor price of $NEXUS as circulating tokens continuously get locked in exchange for premium subscription status &
a reasonable APR.
These staking pools will be replenished by the Nexus Treasury as the pools lock & unlock.
Nexus Treasury does
Buy Backs
As time goes by and the platform matures the Nexus Treasury will get a range of different tokens added to it besides just $NEXUS.
These other tokens will occasionally be used to buybacks of the $NEXUS token.
Token buybacks may be initiated for a number of reason which include but are not limited to:
- For a new chain LPs
- For Staking Pools
- Marketing Purposes
Nexus Treasury pays
Employees
A good chunk of the Nexus Treasury will be spend on employees. Good people are hard to come by, especially in the web3 space.
In order for Nexus LLC to keep growing and keep meeting its product launches, it's imperative to grow our employee base and offer competitive salaries in order to retain these employees.
Since employees like to be paid in fiat or stablecoins the majority of collected fees in anything but $NEXUS will be liquidated for employee payment. The goal is to never use $NEXUS to pay employees to alleviate sell pressure.
Nexus Treasury pays Company Expenses
Every company on earth has operating costs.
Nexus is not different.
We have server costs, marketing costs, Research & development costs, etc.
These costs will be paid for in the same way we pay our employees, where the goal is to never have to use $NEXUS to cover costs, but instead use other major crypto's & stablecoins in the Nexus Treasury
Nexus Treasury will grow over time
The remaining funds will be kept in the Nexus Treasury for a later date.
Given our strategy the Nexus Treasury will grow over time with a variety of different assets.
The Nexus Treasury may or may not be filled with VC funds, developer grants, and/or any other forms of income.
THIS IS HOW WE PLAN TO DO IT
The Nexus Timeline
PHASE 0 (Completed)
Market Research
Pre-Launch
Audit
PHASE 1 (Completed)
Launch $NEXUS token
Launch Nexus Folio
PHASE 2 (Completed)
Form Strategic Partnership
Launch Staking Pools
Launch NexyBuyBot
Nexus Folio Updates
Start EDU developent
Implements First Revenue Stream
Build Community
PHASE 3 (Currently in Development)
More supported Chains for Charts
More supported chains for Portfolio
$NEXUS goes cross-chain on CRO
Launch Nexus Swap
Launch Nexus cross-chain Bridge
Launch first Nexus EDU course
Start ‘The Consortium’
PHASE 4 (What the Future Hodls)
Launch EDU Mobile App
Launch KRE8 Public Beta
Marketing Push
List $NEXUS on top 10 CEX or DEX
Expand Nexus Team
PHASE 5
Launch Titan