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.

What is the current price of Nest Protocol?

Nest Protocol (NEST) is trading at £0.000237234348377856000, reflecting a price movement of --% over the last 24 hours. This live data aggregates pricing from global exchanges to give traders an accurate market valuation at any moment.

What role does Nest Protocol play in its ecosystem?

As a core asset within the -- network and a part of the Decentralized Finance (DeFi),Oracle,BNB Chain Ecosystem,Ethereum Ecosystem sector, NEST often powers essential functions such as payments, staking, governance voting, and liquidity incentives. Its design can influence how applications or smart contracts operate across its ecosystem.

How actively is NEST being traded today?

Over the last 24 hours, NEST recorded £-- in trading volume. High volume typically signals strong investor interest, healthier liquidity, and better execution for both small and large traders.

What is the circulating supply of Nest Protocol?

There are 5929658302.90742 tokens in circulation today, which determines the amount accessible for trading. Circulating supply helps investors estimate scarcity, inflation dynamics, and potential long-term token distribution.

What is the market cap and rank of NEST?

Nest Protocol currently holds market rank #3022 with a market capitalization of £1406724.7336225920000, placing it among recognized assets within its sector and helping investors measure its relative scale.

How has Nest Protocol performed in the last 24 hours?

Its price has shown a price movement of --% over the last 24 hours. Short-term movement can be influenced by trading sentiment, liquidity shifts, or developments related to the -- network.

How does Nest Protocol compare to similar assets in the same category?

Within the Decentralized Finance (DeFi),Oracle,BNB Chain Ecosystem,Ethereum Ecosystem segment, NEST demonstrates competitive activity supported by strong trading levels, high liquidity, and its ongoing use cases within its ecosystem.