ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
No Result
View All Result
ADVERTISEMENT
Home AIRDROPS

Nebula Protocol Airdrop Review: NEB Tokens for Voting Power

Bixer Simond by Bixer Simond
16/02/2023
Nebula Protocol Airdrop Review: NEB Tokens for Voting Power
Share on FacebookShare on Twitter

About Nebula Protocol Airdrop

Nebula Protocol Airdrop is a protocol built on Terra that enables users to invest in narratives and strategies expressed through decentralized basket instruments called clusters. Clusters are smart contracts that manage a dynamic investment strategy. Nebula clusters enable users to passively take part in an endless array of evolving narratives and algorithmic strategies by simply holding the cluster’s token – a redeemable share of a cluster’s underlying inventory.

Nebula Protocol is airdropping a total of 10,000,000 NEB to LUNA stakers. Users who had staked LUNA to Terra’s validators as of block 7169420, excluding those in the top 5 by voting power at the snapshot height, will be able to claim free NEB.

BasicDetails
Token NameNebula Protocol Airdrop
PlatformTerra
Total Value10,000,000 NEB
Total Supply1,000,000,000 NEB
KYCKYC Is Not Requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

Step-by-Step Guide

  1. Visit the Nebula Protocol airdrop claim page.
  2. Connect your Terra wallet.
  3. If you’re eligible, then you will be able to claim free NEB.
  4. Users who had staked LUNA to Terra’s validators as of block 7169420, excluding those in the top 5 by voting power at the snapshot height, will be able to claim free NEB.
  5. For more information regarding the airdrop, see this Medium article.

Synopsis

Nebula is a protocol built on Terra that enables users to invest in narratives and strategies expressed through decentralized basket instruments called clusters. Clusters are smart contracts that manage a dynamic investment strategy

These clusters possess two main unique properties:

  • Programmable, updates for target weight allocation – As opposed to its TradFi counterparts which are seldom managed and adjusted through rigid parameters, Clusters can quickly adjust their target allocations as frequently as every block, to actively steer their inventory composition to stay course or pivot according to their designed strategy. There are no inherent restrictions on the possible logic used or the assets included, and thus no limitations to what strategies the cluster can follow
  • Decentralized, continuous rebalancing – Nebula Protocol Airdrop traditional structured products are periodically balanced by a centralized entity, clusters are continuously and organically kept in balance with their target through the activity and actions of the users of the protocol themselves. Clusters need no active management and are powered from the organic activity of Nebula users.

Tokens

There are several tokens involved in Nebula Protocol with different functions:

NameSymbolTypeDescription
TerraUSDUSTNativeStablecoin, primarily used for trading and providing liquidity to Cluster Tokens pools
Cluster TokenCTCW20Tradable share of a Cluster’s inventory
LP TokenLPCW20Earned by providing liquidity to CT-UST pairs, can be staked to earn LP rewards
Nebula TokenNEBCW20Governance token and mechanism incentive

Clusters

A cluster is a decentralized index that tracks a programmable allocation of assets. Each cluster is implemented as a smart contract that incentivizes users to execute rebalancing deposits / withdrawals in amounts that maintain its token balances in line with cluster’s target allocation.

A cluster issues tradable shares of its inventory called cluster tokens (CT), which are minted when users deposit assets into the cluster, and can be later returned and burned for a portion of the cluster’s managed holdings in the original underlying assets.

Nebula Protocol Airdrop allows users to “invest in stories” through holding and trading various cluster tokens. Clusters express tradable narratives through their dynamic allocation of assets and, when combined, allow users to construct expressive portfolios with a richer vocabulary of investment theses and strategies.

#Advantages of Clusters

Maximizes Flexibility:

Nebula Protocol Airdrop is designed to impose as few restrictions on the potential designs of clusters as possible. This includes both the assets that are included in clusters themselves, as well as the logic and algorithm that defines how the cluster composition are rebalanced and managed.

Minimizes Centralized Control:

Traditional financial products rely on various middlemen to dictate how they are designed, managed, and adjusted. With Nebula, we aim to give those decision-making powers back to those that are actually using the protocol; the community. They will be the one who decides.

Increases Index Maintenance/Adjustment Efficiency:

Instead of relying on centralized parties to intermittently rebalance and adjust clusters, Nebula Protocol Airdrop implements various incentive and other mechanisms to encourage the community to actively take part in maintaining the health of the protocol.

Nebula Token

The Nebula Token (symbol: NEB) is the governance token given as a reward to users for maintaining the liveness properties that keep the protocol operational. Actions that receive NEB tokens as rewards include:

  • staking NEB tokens for voting power
  • providing liquidity to cluster token markets
  • successfully rebalancing clusters

#Governance

The Nebula Protocol Airdrop Token (NEB) is Nebula Protocol’s governance token and has the following functions:

  • Polls: NEB tokens must be deposited to create governance polls.
  • Staking: Users can stake NEB to vote on polls and earn NEB rewards.
  • Voting: Users staking NEB receive voting power to vote on governance polls

The NEB token captures value from the cluster rebalancing fees across the protocol: the fees are collected and used to purchase NEB off Astroport, then distributed to NEB stakers pro-rata to their voting power.

Tags: How To Collect Nebula Protocol AirdropNebula Protocol AirdropNebula Protocol Airdrop Review
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

Next Post
Orbofi Airdrop Review: You will Get a Free Alpha Pass NFT.

Orbofi Airdrop Review: You will Get a Free Alpha Pass NFT.

LATEST .PRESS RELEASE

Founder Tobias Graf Reveals the Rationale Behind Okse’s Crypto Visa Card

22/10/2022
ABO DIGITAL Alpha Blue Ocean 1676987526gyB4gh3ZS8

Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm

23/04/2023

LATEST NEWS

Join the Sports Tournament on 1xBit

Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC

01/06/2023
Save Easter Eggs with 1xBit and Win Crypto

Save Easter Eggs with 1xBit and Win Crypto

18/05/2023
Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

24/04/2023
Ethereum price

Ethereum price back to critical support: ETH technical analysis

24/04/2023
Altcoin rising 55% by challenging the falling market

Altcoin rising 55% by challenging the falling market

22/04/2023
Ripple price lost critical $ 0.5 support: XRP's new target

Ripple price lost critical $ 0.5 support: XRP’s new target

22/04/2023
Wootfi Media

Welcome to Wootfi, your number one source for all things [Cryptocurrency]. We’re dedicated to giving you the very best of [Crypto Review], with a focus on [Blockchain Technology ], [Crypto News], [Investment Website].

Follow Us

Categories

  • Affiliate Program
  • AIRDROPS
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • Guide
  • ICO
  • Investment
  • Lending
  • News
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .