What is Nextdao

Article Summary, Automatically Generated By AI

Summary of NextDAO

  • NAX is the governance token for Nebulas community and ecosystem.
  • Dynamic distribution strategy: total circulation related to global pledge rate.
  • NAX obtained per cycle related to NAS pledged and currency age.
  • No initial fund, token sale, or team reservation.
  • NAX aims to allow community participation in public chain governance.
  • Issued by dStaking.

About NextDAO: Empowering the Future of Decentralized Governance

NAX is the governance token for the Nebulas community and ecosystem, employing a dynamic distribution strategy wherein the total circulation is correlated with the global pledge rate, and the quantity of NAX obtained by the user per cycle is determined by the amount of NAS pledged and the age of the currency. Notably, there is no initial funding, no token sale, and no team reservation. As the governance token dedicated to the Nebulas community and ecosystem, issued by dStaking, NAX aims to empower everyone in the community to participate in public chain governance.

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