nibiru chain (here) is a blockchain platform that aims to revolutionize the gaming industry by providing a decentralized ecosystem for gamers, developers, and content creators. Nibiru Chain leverages blockchain technology to provide users with transparency, security, and fair reward distribution.
Through this article, we will take a closer look at the Nibiru Chain.
What is the Nibiru Chain?
Nibiru Chain is a proof-of-stake blockchain that aims to build a universal Web3 hub by combining user-friendly features with the power of Cosmos SDK and Tendermint Core consensus. Interoperability through Inter-Blockchain Communication (IBC) allows Nibiru Chain to communicate seamlessly with other blockchains, making it a promising player in the web3 ecosystem.
Key features of the Nibiru Chain
- Proof-of-Stake Blockchain: The Nibiru Chain is a Proof-of-Stake blockchain that allows users to stake tokens and participate in the consensus process.
- Inter-Blockchain Communication (IBC): Nibiru Chain can communicate with other blockchains through IBC, allowing interoperability and data sharing between different networks.
- Searchable Index of Blockchain Data: Nibiru Chain provides a searchable index of blockchain data, allowing Web3 projects to track user behavior, monitor network activity, and make data-driven decisions.
- Powerful Oracle Module: Nibiru Chain has a powerful Oracle module that securely imports real-world data into the blockchain, allowing you to execute smart contracts based on external inputs.
- Enhanced Incentive Model: Nibiru Chain proposes an enhanced incentive model that links rewards to a time-weighted fixed total value (TVL) in smart contracts, aligning with ecosystem growth and reducing the potential for manipulation.
- Fast block times and high transaction throughput: The Nibiru Chain has fast block times of approximately 1.4 seconds and the capacity for high transaction throughput, potentially exceeding 40,000 transactions per second.
Nibiru Ecosystem: Featured dApps
Are you looking to integrate decentralized finance (DeFi) solutions into your business? Look no further than the Nibiru Chain. With robust infrastructure and advanced technology, Nibiru Chain offers a variety of applications to industries looking to streamline operations and leverage the power of blockchain technology.
- Decentralized Exchange: Powered by Nibiru Chain Nivi PerthA decentralized exchange (DEX) for perpetual futures trading with reduced latency and market imbalance solutions.
- Oracle Solution: Nibiru oracle module We provide a reliable and fast oracle solution for price indexing, ensuring accurate prices, and aligning incentives between validators and oracle nodes.
- Automated Market Maker (AMM): Nibiru Chain Features nibi swapis an AMM protocol for spot trading, allowing users to access swaps for multi-chain assets and utilize liquidity pools.
- Stablecoins and Yield Generation: Nibiru Chain’s native stablecoin; new mexicoserves as a capital-efficient medium for swaps, generating consistent returns and providing advanced tools for cross-exchange arbitrage.
What is NIBI token?
The NIBI token is a utility token for the Nibiru blockchain, a user-friendly smart contract ecosystem with unparalleled security and exceptional throughput. Nibiru aims to usher in the next era of money by leveraging features such as staking and real asset coding real estate.
Total token supply: 1,500,000,000 NIBI
Tokenomics of NIBI Token
Nibiru will have a fully diluted token supply of 1.5 billion tokens.
| divided (%) | group | explanation | schedule |
|---|---|---|---|
| 60 | community | Stakers, development grants, hackathons, liquidity provision, partnerships and general community governance. | A nonlinear schedule based on a normalized exponential function. |
| 15.3 | Key Contributors/Team | Core team, strategic advisors and future hires. | Employee token options apply. 0% TGE, imputed linearly. |
| 8.5 | Investor (Seed) | 2022 seed funding round (opens new window) co-led by Tribe Capital, Republic Capital, NGC Ventures and Original Capital. | 0% TGE. Cliff 25% at month 9 and apply a linear vest for the remaining 75% over month 36. |
| 8.2 | Investors (Post Seed) | This product is for partners and individual investors. Any excess in this category is maintained as a strategic reserve. | 0% TGE. There is a mix of 24 and 36 month linear unlocks. |
| 8.0 | Public Sale (CoinList) | CoinList’s Community Sale. | 10% unlocked at launch. A linear vest for the remaining 90% over 12 months. |
Nibiru Chain Roadmap
Explore the future of decentralized finance through the Nibiru Chain roadmap. This roadmap outlines the development stages and key milestones of the Nibiru Chain project, a platform that aims to revolutionize the way we interact with digital assets and blockchain technology. Please join us on our journey toward a safer and more transparent financial ecosystem.
The future of the Nibiru Chain
Nibiru Chain is a groundbreaking layer 1 blockchain and smart contract ecosystem that offers a future of exceptional throughput and unparalleled security. Developers have begun building Nibiru across multiple sectors, leveraging developer-friendly and user-friendly smart contracts, decentralized oracles, and instant finality. With low gas fees, web3 adoption, and airdrop potential, the Nibiru Chain is poised to become a leading platform for staking and utility token holders.
The Nibiru Chain serves as a permissionless smart contract platform and provides utility tokens for blockchains that provide benefits such as smart contract royalties and oracle modules for secure data feeds. The finality of blockchain combined with a developer-friendly environment makes it an attractive option for those looking to build innovative solutions within the Nibiru ecosystem.
conclusion
nibiru chain It’s groundbreaking l1 blockchain web3’s smart contract platform that allows developers to build on-chain cryptocurrency Project. Nibiru serves as a permissionless platform for developers with features such as automated market maker protocols, perpetual futures exchanges, and staking.
The Nibiru team recently launched a development fund, securing millions of dollars in funding to support dozens of development projects across the ecosystem.
In the next article, we will update information on the Nibiru ecosystem.