The rise of cryptocurrencies has ushered in a new era of finance, technology, and social paradigms. While the risks associated with investing in crypto are often highlighted, there's another side to the coin: the risks of not participating in this transformative movement.

Missing Out on Technological Advancements

Decentralization: Cryptocurrencies and blockchain technology are pioneering a shift towards decentralized systems. By not engaging with crypto, one might miss out on understanding and benefiting from this significant technological shift.

Smart Contracts: Platforms like ETH have introduced the concept of smart contracts, which have the potential to revolutionize industries from finance to supply chain. Ignoring crypto means missing out on these innovations.

Lack of Financial Sovereignty

Control Over Assets: Cryptocurrencies offer users complete control over their assets without intermediaries. By not participating, individuals might miss out on achieving true financial independence.

Global Transactions: Crypto allows for seamless global transactions without the need for currency conversions or hefty fees. Those not in the space might find themselves limited in a globalized economy.

Opportunity Cost

Potential Gains: While crypto investments come with risks, they also offer the potential for significant returns. Not being in crypto means missing out on these potential gains.

Diversification: Cryptocurrencies provide a new asset class that can be a diversification tool for traditional investment portfolios.

Being Left Behind in a Changing Economy

New Economic Models: The rise of DeFi is challenging traditional financial systems. Those not engaged with crypto might find themselves unprepared for these shifts.

Job Opportunities: The crypto industry is rapidly growing, offering opportunities in tech, finance, marketing, and more. Ignoring this space might mean missing out on career opportunities.

Lack of Participation in Social and Economic

Movements Empowerment: Cryptocurrencies, especially in regions with unstable currencies or limited banking infrastructure, can empower individuals. Not being in crypto might mean missing out on being part of these empowering movements.

Community Building: The crypto space is not just about technology; it's also about communities coming together to build and support projects. Staying out means missing out on being part of these vibrant communities.

While it's essential to approach the crypto space with caution and due diligence, it's equally crucial to recognize the risks of not participating.

The world is rapidly evolving, with cryptocurrencies and blockchain technology at the forefront of many of these changes. Staying out of the crypto space might mean more than just lost financial opportunities; it might mean being left behind in a rapidly changing world.

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Most browser extensions request the following permission: "Allow this extension to read and change all your data on websites you visit." Quite alarming, isn't it?

This means that extensions are aware of the information you enter on all websites. Here's how to address this concern.

Go to the extension settings and change option from "On all sites" to "On click" permission.

Now, the extension will only access the website after you give your explicit permission.

After creating a portfolio, the user will own a NestedNFT that represents up to twelve tokens in a single NFT, all backed by the underlying assets and their real market value. The portfolio can be modified by the owner and copied by other users. Every copy of a portfolio earns its creator royalties, which encourages traders to create successful portfolios that are profitable for others as well.

Tokenomics

NST is a token used by the Nested platform to incentivize decentralized governance and unlock features for users.

Use Cases

• Governance: NST stakers can change platform parameters and vote on proposals to improve Nested Protocol. Governance will be live at Rubik launch.

• Staking Rewards: Two types of rewards - $NST tokens from the ecosystem's reserve and a portion of protocol fees. Compliance approval is pending.

• Bribes: Users can bribe governance to feature portfolios on top of the explorer.

• VIP Tiers: $NST token stakers receive discounted platform fees.

• Premium Content: Users can unlock private portfolios by paying a monthly fee to their owners, similar to Onlyfans.

• Tips: Users can tip each other in $NST tokens.

Staking Rewards

The more $NST a user stakes and the longer they do it, the higher their rewards will be. $NST rewards will compound, but they will be held in escrow for a year after the user claims them. If a user wants to receive them immediately, they will be penalized with a 60% fee. These tokens will be added to the rewards of the next epoch.

Protocol fees will be received in the native token of the chain where the user is staking the $NST tokens. They will be claimable at the end of each epoch.

Fees distribution

Nested charges a 0.3% fee on each operation that does not reduce our TVL. This fee applies to the following functions:

• Creation of portfolios

• Copying portfolios

• Updates

• Editing allocations

• Simple deposit

• Proportional deposit

• Buy/Sell/Convert operations

Nested charges a 0.8% fee on each operation that reduces our TVL. This fee applies to the following functions:

• Simple withdrawal

• Proportional withdrawal

Fees are shared with Nested Finance Ltd. and the initial creator of the Nested portfolio. Once the DAO is live, its members will continually adjust this fee.

Roadmap (most interesting)

Generating passive income

The underlying assets of each user’s portfolio will be invested in various DeFi platforms to generate yield.

Simply holding a portfolio will generate passive income.

Dollar-Cost Averaging (DCA)

Users can purchase a specific token ****on a regular basis, regardless of the token price. This process will be implemented through Gelato.

Borrowing money

Users will be able to use their Nested portfolio as collateral to borrow money.

Nested will interact with the most trusted borrowing platforms such as Aave and Compound.

For higher rewards on the Airdrop:

How to score the highest possible?

The formula that computes your score for every event/snapshot looks at the following factors:

1. 1.The total value of all your portfolios.

2. 2.The total number of copies and their total value.

3. 3.The diversity of networks used to build your portfolios: Ethereum, BNB Chain, Optimism, Arbitrum, Avalanche, etc.

4. 4.The volume of activities – create, manage, copy, deposit, edit allocations, etc. – on Nested.

So if you were active + used all networks + had a high number of copies, + a high total value of all portfolios over the whole competition/epoch – this means that you did well, and your reward should be HIGH.