3 Million NAX Has Been Issued！

On October 15th, 2019, Nebulas Lab issued the corresponding amount of NAX to those who participated in the NAX flash token issuance on September 3, 2019. According to the rules of this program, the 3 million NAX issued have been allocated according to the addresses participation weight based on the NAS cap. Those who participated in the event can view the distribution details via the Nebulas explorer (https://explorer.nebulas.io/#/) or their NAS nano Pro wallet.

NAX dStaking statitics as of the 31st cycle

The global NAS dStaking rate has reached 46.70%

25,710,804 NAS have been pledged

134,821,921NAX has been distributed to community users participating in dStaking

What is NAX?

The NAX token is based on the concept of the ecosystem contribution — similar to Nebulas’ PoD consensus mechanism. NAX is generated via Nebulas’ new dStaking method which is not only the process of coin staking within the Nebulas ecosystem but also a redefinition of the blockchain Token Economy. NAX will be used to promote ecosystem development of Nebulas and even the entire Nebulas Token Economy. To learn more about NAX, take a look at the NAX White Paper.