$ 0.07800
2 years ago
(0.00%)
The Nectar Token (NEC) is an ERC-20 token that will enpower the Ethfinex, an platform that allows trading ERC-20 compatible tokens. Furthermore, the Ethfinex will feature a community hub for developers, enthusiasts and traders to share and discuss crowdsource information.
Ethfinex has evolved to DeversiFi, and the 'Ethfinex Nectar Token' is now known as 'Nectar (NEC).
Nectar.community is the main hub where NEC token holders, via the necDAO, are able to propose and vote on the future direction and decisions of integrated platforms, starting with the DeversiFi decentralised exchange platform, along with having the scope to govern:
Ownership of the Nectar ERC20 Token controller smart-contract for future upgrades: governance of the necDAO, one of the world’s largest funded DAOs (17k ETH), a whitelisted tokens registry dictating the assets which can be traded on the platform (eg DeversiFi), the Ethereum Name Service records registered for platforms integrating NEC. (eg DeversiFi smart-contracts).
Participation in the necDAO will be open to all Nectar holders, who will be able to make proposals, deploy capital and grow the DAO as they see fit. In order to participate, users will essentially “stake” their NEC by sending them to the necDAO in exchange for “Reputation” (voting power).
Try our free Nectar (NEC) portfolio tracker if you want to efficiently keep track of your NEC and other coin/token investments.