NAX is the governance token for Nebulas community and ecosystem. It adopts a dynamic distribution strategy where the total circulation is related to the global pledge rate and the quantity of NAX obtained by the user per cycle is related to the amount of NAS pledged and the age of the currency. There’s no initial fund, no token sale and no team reservation. NAX is the governance token dedicated for Nebulas community and ecosystem, issued by dStaking, and aims to allow everyone in the community to participate into the public chain governance.
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