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HomeCOINSWhat Is Nabob (NABOB)Coin Review? Complete Guide Review About...

What Is Nabob (NABOB)Coin Review? Complete Guide Review About Nabob

What Is Nabob (NABOB)

Nabob provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique Nab protocol. The Auto-Staking Protocol (Nab for short) is a new financial protocol that makes staking easier, more efficient and awards token holders the highest stable returns in crypto. This is a company focused on DeFi innovation that creates benefits and value for token holders.

Nabob Coin Storage Key Points

Coin BasicInformation
Coin NameNabob
Short NameNABOB
Circulating Supply100.00B
Max Supply100,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

NABOB Price Live Data

The live price today is $0.001081 USD with a 24-hour trading volume of $9,984.29 USD. They update to USD price in real-time. This is up 7.10% in the last 24 hours. The current CoinMarketCap ranking is #5237, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 NABOB coins.

If you would like to know where to buy Nabob Coin at the current rate, the top cryptocurrency exchange for trading in stock is currently PancakeSwap (V2). You can find others listed on crypto exchanges page.

A Sustainable Auto-Staking, Compounding & Burning Protocol

They provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique Nab protocol.

A Robust AutoStaking system.

Token

Nabob is the native token for Staking incentives. Tax distribution benefits every token holder in . merely for holding $Nabob tokens.

Auto Compounding

Every Transaction is Taxed a 10% Fee. which is split between all holders and is being Auto-Compounded in their Wallets.

Nabob Insurance Fund

They Insurance Fund is a 1000BNB backup fund. This helps the DAO in case the the token price drops dramatically. to reassure our investors.

Nabob Chimney

1% of entire supply was burned during launch. With each trade, more are automatically added to the chimney, creating a token scarcity.

NABOB Token

NABOB Coin is a Bep20 token which rewards its holders with automatic passive interest payments every 1 minutes over the lifespan of 20 years until the maximum supply of 100,000,000,000 tokens has been reached.

Is NABOB just another Titano Fork?

The entire protocol’s smart contract was written and developed from scratch from own competent group of developers. It does not contain any resemblance to Titano’s code or operation as works on a completely new set of mechanics which allows for complete protocol sustainability.

They also have several proprietary mechanisms in place that they have created ourselves which offers many improvements over our competition such as; Auto-Liquidity Engine (NALE), the Insurance Fund (NIF), Longterm Interest Cycle (LIC), aswell as safeguards in place which secure against malicious hack attempts.

The tokenomics are also completely unique with Auto-Burn Fire Pit structure, minimal starting supply and lower 1 minute Epoch’s for a much more linear APY progression of attainability.

The Treasury

The Treasury plays a very important role in Nabob NAP protocol. It provides three extremely critical functions for the growth and sustainability.

The treasury functions as additional financial support for the NIF. This additional support can become important in the event of an extreme price drop of the token or unforeseen black-swan event. It helps to establish a floor value for the token.

The treasury may also be used to fund new products, services, and projects that will expand and provide more value to the Nabob community as well as providing funding for marketing.

Why Choose Nabob?

With Auto burn program, 2 percent of total circulating supply is burned automatically first at initial launch and subsequently the remaining allocated percentages after burn token unlock, ensuring that The total supply is continually deflating in comparison to your balance, while your balance is always expanding in comparison to Nabob’s total supply. This built-in mechanism gives the token a true supply/demand gauge as it gets increasingly rare against your balance over time.

Simply said, if you simply hold Nabob, your part of the overall market cap will continue to grow. Even if the market cap does not increase, the USD worth of the tokens in your wallet will increase. Thus, simply by carrying in your wallet, you will benefit from the exponential benefits of the triple effect:

  1. 1.Your token value grows per minute, compounding to 433,025% APR.
  2. 2.More token growth when you participate in FARM (1104.235% APR)
  3. 3.Your total token worth in USD will increase as your shares/total market cap as a result of the Auto burn of total supply.
  4. 4.Nabob Coin market capitalization increases when new investors join, yet your shares/total market capitalization does not decline but continues to grow, implying that your total token worth in USD will continue to increase.
Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things