Nebula Strong Hold - NSH

Referred to as Nebula or NSH

NSH represents the rewards in the Nebula ecosystem, holding a critical role in managing and maintaining the stability and growth of our network. With a total supply of 10 billion tokens, NSH is designed to be flexible, being minted and burned in response to various activities within the system.

The value of NSH lies in its dynamic nature. Depending on the action phases and level of collateralization in the Nebula ecosystem, NSH can be minted as rebates for certain activities or burned as tax. This dynamic minting and burning mechanism allows us to effectively manage the supply of NSH, thus supporting the overall stability of the ecosystem.

Moreover, NSH is integral to the operation of our Decentralized Exchange (DEX). Fees generated from the DEX are split between increasing the collateralization and buying back and burning NSH. In cases of overcollateralization, all DEX fees will be directed towards burning NSH. This mechanism not only supports the value of NSH but also contributes to the health of the entire Nebula ecosystem.

In summary, NSH is more than just a share token. It's a dynamic and adaptable asset, playing a vital role in balancing our ecosystem, encouraging participation, and promoting growth. NSH provides holders with a stake in our innovative platform, allowing them to contribute to and benefit from the evolution of the Nebula ecosystem.