NIX Bridge Token (NBT) rewards participants with DAO governance rights over the NIX Bridge private DeFi protocol

What is the NIX Bridge?

NIX Platform (NIX) is a mature, innovative privacy platform with its own blockchain offering a bespoke privacy protocol on its’ Bitcoin Core codebase. The NIX Bridge is the interoperability infrastructure that allows the privacy features of NIX Bridge to extend to external blockchains, tokens and assets in an instant, secure and decentralized way.

Initially the NIX Bridge will enable full anonymity of any ERC20 token on the NIX network. Due to the modular design, competing asset chains such as Polkadot, Cardano and Tezos will be brought into the ecosystem soon after.

Key Info

– NIX Ghost Tokens (NGT) are the privatized tokenized assets internal to the NIX chain.

– NIX Bridge Tokens (NBT) are the governance tokens for the NIX Bridge DAO, allowing holders to vote on development and receive incentives for providing liquidity.

NBT (NIX Bridge Token) funds DApp development on the NIX Bridge infrastructure
Power is delegated to NBT holders to ensure protocol consensus and engagement
Users are incentivised to create proposals and a number of voters are rewarded randomly
Privacy fees are distributed to Ghostnode holders and liquidity providers
Read our introduction to the NIX Bridge and learn about our decentralized DeFi privacy protocol:
The NIX Bridge is being developed in partnership with Blockchain Foundry. Read the announcement here:
For further details on the NIX Bridge architecture please refer to this Litepaper document:

Tokenomics

  • Initial liquidity of 5% is locked immediately and permanently on Uniswap listing 
  • Development funds and liquidity incentives are available to be used to develop the project as required
  • Team allocation consists of initial release of 2.5%, another 2.5% on release of NIX Bridge and 5% reserved

Presale Info

CONTRACT ADDRESS:

0xF287DE2ae9c655ab9C10dDDc8eED4e61969D4a5B

WARNING! 

1) DO NOT SEND FUNDS TO THE CONTRACT ADDRESS!

2) THERE ARE FAKE/PHISHING PRESALES OPERATING, USE OFFICIAL LINKS ONLY – THE CORRECT PRESALE CAN ONLY BE ACCESSED USING THE BUTTON ABOVE OR VIA THIS LINK:   https://bounce.finance/join/swap/3722 

DISCLAIMER:  Investing in NBT offers no financial remuneration or reward. Any value attributed is dictated by the market and outside the control of this project. This token, its utility and future applications are experimental. The team working on this project offer no guarantees and are launching the token solely to give participants a say in the governance of the NIX Bridge protocol. Check your local laws before participating, particularly if you are a US citizen.

Fundamentals

All transactions (apart from buying on Uniswap pairs) render a 1% tax of the total NBT amount, funding liquidity & governance incentives.

Proposal creators are incentivised and non-voting addresses forfeit a non-participation tax to encourage participation in the protocol.

NBT has a maximum total supply of 60,000. A proportional supply burn will occur should the hard cap not be reached. 

Liquidity providers can stake their NBT and ETH to receive additional NBT tokens from the Treasury funding allocation.

More details on NBT and the NIX Bridge Presale can be found in the following article: