NovaDeFi: Weekly Report #2

NovaDeFi
2 min readNov 9, 2020

9th of November, NovaDeFi Team providing weekly reports to cover all possible changes that we are working on right now and will work on in near future.

NovaDeFi Exchange Update

We are pleased to announce, that beta version of NovaDeFi Exchange will come out on next Monday!

We decided to honor our community with some bonuses for those, who are going to test it out and provide feedback. Detailed metrics for testing and exchange link will be shared this Friday, stay tuned.

And we did not forget about NMT Token, which will be used for various things, like:

  • Fee for New Token Listings
  • Trading Fees Reduction
  • IEO Launchpad
  • Competitions and other Events

Roadmap Update

After we came out of presale, we delivered much more than we expected. With that in mind, we decided to update our roadmap.

You will be up to check our changes and future goals in our next weekly report, once website will be updated.

Upcoming AMAs

During this and next week, we are going to push our marketing and most of you will be invited in our series of AMAs, where we will share some insights and overall information about project and it’s current and future state.

First Community Governance Proposal: Results

Yay! First Community Governance Proposal has passed with 62% of “Yes” Votes!

Based on this data, we already implemented a feature of 100% buyback and burn from mining output distribution.

Latest buyback and burn tx: https://etherscan.io/tx/0x83c84df173710f10de7884f42f86006512f54e5a2b2b77a891a8e64b09b9ec6d

Let’s move twice faster now!

Team Tokens Release

Since 1st November, Team Tokens Release will be done as before without 50% cut applied, but to prevent any big unlocks it will be split into weekly releases, which makes it to 112,500 NMT tokens per week.

5 Members of MultiSig Wallet must agree to perform this action. Any of you can monitor the activity at this address:

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NovaDeFi

Interconnecting industrial mining capabilities with next generation decentralized finance solutions.