Tina Zhang, Head of NEST LABS: NEST Protocol strives to be a good underlying price protocol for Non-cooperative Game On-chain Economy

On March 25, Cointelegraph Chinese held the “Overlook the Boom / 2021-HOT TRENDS Bull Talk” summit in Chengdu. The conference aims to explore new trends in the blockchain industry in 2021 and the development potential of different fields in the industry to jointly promote the development of the blockchain industry.

In the roundtable “2021, would the DeFi Bull Market Continue?” Head of NESTLABS Tina said that the layout and development of NEST is to create an underlying price protocol of a non-cooperative game on-chain economy and constantly output decentralized price information flow. Based on the price information flow, a series of financial products or financial agreements will be derived.

At present, the financial product based on NEST Protocol which has been launched is a decentralized exchange CoFiX. CoFiX2.0 will be launched soon as well as parallel asset protocol Parasset, decentralized lending protocol Tank, perpetual contract protocol Fort, etc. These protocols based on NEST non-arbitrage price information flow are the real decentralized path to tackle the price problem at its source. The various information that keeps changing every moment, practice, the various parameters and data generated through time and practice and the on-chain economy derived through gaming and calculation are both sustainable and interesting, for which we are very excited.