What is NEST Protocol (NEST)

1. Project Introduction
NEST Protocol is a decentralized oracle protocol on Ethereum and also functions as a decentralized Martingale network. By leveraging smart contracts, NEST removes the need for traditional market makers and liquidity providers, enabling near-infinite liquidity through shared risk mechanisms. It consists of three core modules:
NEST Oracle: provides decentralized on-chain price feeds.
NEST Assets: tokens created and destroyed via smart contracts for Martingale-based trading.
NESTcraft: a programmable Martingale function library enabling custom strategies using on-chain randomness.
NEST supports a variety of applications including decentralized derivatives markets, risk hedging, DeFi, GameFi, and metaverse economies. Its design emphasizes transparency, cost efficiency, and risk management through smart contracts.
2. Team & Investment Info
NEST is governed by NEST DAO, which includes sub-organizations such as the NEST Research Academy (NRA), NEST Impact Block (NIB), NEST Developer Alliance (NDA), and the NEST Community (NC).
Funding: No public funding reported.
3. Social Media URLs
X: https://x.com/nest_protocol/
Telegram: https://t.me/nest_protocol/
GitHub: https://github.com/NEST-Protocol
4. Token Info
Token Symbol: NEST
Total Supply: 10,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism:
No inflation mechanism (non-mintable)
Deflationary mechanism via token burn
Contract Address: https://etherscan.io/token/0xcd6926193308d3B371FdD6A6219067E550000000
5. Related Links
Official Website: https://www.nestprotocol.org/
White Paper: https://www.nestprotocol.org/doc/ennestwhitepaper.pdf
LinkedIn: https://www.linkedin.com/company/nest-protocol/about/
Other Info: https://www.rootdata.com/Projects/detail/NEST%20Protocol?k=NjQ4