NEST Team plans to launch NEST ABC for the platform of algorithmic stablecoin
NEST Team plans to launch the protocol named NEST ABC for an algorithmic stable coin platform on the official website.
NEST ABC is completely decentralized and open to all projects. It has the following features for fast generation of algorithmic stable coins:
1. One-click to create the oracle without nodes or audit, which is completely open
2. One-click to mint algorithmic stable coin including setting reserve asset (in ETH, BTC, or other tokens), yield, issue size, minting algorithm, etc.
3. One-click to stake and receive revenue of stablecoins
4. Swap based on oracle and used for stablecoins
5. Comparison, display, and purchase of different stable coin yields
6. NEST works as the governance token and NEST holders will receive a certain percentage of the stable coin as incentives