Nezha is the first gamified yield aggregator in the Solana ecosystem. Through staking into the Nezha protocol, users receive access to entertaining games with the chance to win big, even on a small stake. Nezha’s first game, the Nezha draw is launching soon, with at least a 100k USDC jackpot available weekly. After each game cycle, participants can remain staked for next week’s game, or unstake their liquidity.
$NEZ is the native utility token that will be used for:
Staking: Staking $NEZ allows access to premium tiers, including additional prediction game entries and access to special pools.
Access: Nezha is allowing access to tech such as their on-chain VRF through staking.
Whitelabel: Nezha is building as a platform for other developers to build on top of it, for which staking $NEZ is required.
Governance: Token holders who share a significant take in the project can apply to become part of the DAO and shape its future
Liquidity Mining: $NEZ holders will be able to supply liquidity on external exchanges.
How Many $NEZ Tokens Are There in Circulation?
Nezha will generate the max. supply of 100,000,000 NEZ at TGE. Following a strict cliff and vesting schedule, NEZ tokens will be released over a duration of 48 months. Nezha is designed to become deflationary, as part of the protocol revenues are used to buy back and burn $NEZ from the open market.
Who Are the Founders of Nezha?
The Nezha protocol was founded by a group of highly experienced blockchain and traditional finance veterans, who have been working in traditional and decentralized finance as technologies and strategists.
Taking the extensive experience of the two together, Nezha incorporated in September 2021 and soon assembled a highly skilled team from their networks.
At this point, Nezha has a thriving team of over 20 staff, with a development team from MLabs, and a C-suite team with year-long industry experience.
Furthermore, Nezha has a great share of high-quality partners critical to the development ecosystem, such as Francium for the yield generation through the Nezha Yield Vault, and RISQ, a fixed-risk insurer, allowing Nezha to offer 100,000 USDC as jackpots to the community right from the launch of the first game, the Nezha Draw.
Where Can I Buy $NEZ?
Nezha will soon hold its IDO with three launchpad partners, Cropper.finance, Occam.fi and Safelaunch.io. At that event, acquiring the $NEZ token will be possible for the public for the first time.
After IDO, Nezha will list on different CEX and DEXs, making the $NEZ token available for secondary market trading.