Nucleon price

NUT

#5244

Nucleon is a liquid staking solution for Conflux PoS backed by industry-leading staking providers. Nucleon lets users stake their CFX- without locking assets or maintaining infrastructure.

Our goal is to solve the problems associated with Conflux PoS staking - illiquidity, immovability and accessibility - making staked CFX liquid and allowing for participation with any amount of CFX to improve security of the Conflux network.

Nucleon has a two token model which includes xCFX and NUT:

• xCFX is the interest-bearing ERC20 token that represents CFX staked into Nucleon’s PoS pool and it’s interest accrued in CFX over time. There is one type of xCFX, with an uncapped supply determined algorithmically, and will be tradeable.

• NUT is Nucleon’s governance token, which can be staked to vote and boost staking interest rewards. NUT token allocations are defined by the project team, and will be tradeable on secondary markets. Supply is capped and will be tradeable.

Nucleon tools include:

• Stake and unstake CFX

• Users can create LP tokens through Swappi which can then be staked on Nucleon for NUT tokens.

• Stake and unstake xCFX / CFX LP tokens

• Stake NUT/CFX LP tokens for additional NUT rewards