First Post
This is the first of many posts, of what will be a fun journey. Expect to see updates, thoughts developments on NAB and where we see it heading.
We chose to enable trading early
NAB trading was supposed to open in Feb 2025. However, it started early for the following reasons: NumberAlwaysBigger @AlwaysBigger $NAB transfers are now unlocked. See here for details: x.com/AlwaysBigger/s… Mithril contract will become active end of February. During this time we will ONLY record (but not act on) the highest low. After February we will ACTIVATE Mithril to start acting on $NAB's highest… NumberAlwaysBigger @AlwaysBigger Update from this: x.com/AlwaysBigger/s… The market is mo...
Buy and burn updated mechanics
Rather than buy and burn tokens every 5 minutes continuously, it makes more sense to do it under the following conditions.Right after a RebaseWhen the price is below a certain levelBuy and burn every 5 minutes After the price is above a certain threshold, stop.
First Post
This is the first of many posts, of what will be a fun journey. Expect to see updates, thoughts developments on NAB and where we see it heading.
We chose to enable trading early
NAB trading was supposed to open in Feb 2025. However, it started early for the following reasons: NumberAlwaysBigger @AlwaysBigger $NAB transfers are now unlocked. See here for details: x.com/AlwaysBigger/s… Mithril contract will become active end of February. During this time we will ONLY record (but not act on) the highest low. After February we will ACTIVATE Mithril to start acting on $NAB's highest… NumberAlwaysBigger @AlwaysBigger Update from this: x.com/AlwaysBigger/s… The market is mo...
Buy and burn updated mechanics
Rather than buy and burn tokens every 5 minutes continuously, it makes more sense to do it under the following conditions.Right after a RebaseWhen the price is below a certain levelBuy and burn every 5 minutes After the price is above a certain threshold, stop.
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NAB is minted by staking certain tokens. Each token has a weight that determines the size of reward per staked token. The formula can be improved to be more transparent and dynamic
NAB is minted by staking certain tokens. Each token has a weight that determines the size of reward per staked token. The formula can be improved to be more transparent and dynamic
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