LAY3R token is launching on @kucoincom!
⏰ October 3, 2024 8:00 UTC
🟦 7 Days to go
🟦 Staking Competition coming soon
🟦 Deposits now open (network: BSC)
This is the end of the tweet.
Today, Nesa is partnering with Nillion @nillion to power the future of AI.
Nesa and Nillion are forging a strong strategic partnership to integrate each other's unique technologies. Nillion will also be using Nesa for its AI inference.
Stay tuned for more updates on this ground-breaking partnership.
GM Dear Drippers,
Our partners @magpieprotocol have found a vulnerability related to unlimited token approval to their smart contracts.
All Drip Pool deposits are in unrelated, heavily audited and battle-tested contracts and SAFU.
Learn more about Security and Audits related to Drip here:
https://t.co/VyRGx52Mpb
This project plans to solve the bridging process of RWAs to blockchain assets.
You stake $RWAfi tokens, serving as both warranty and
collateral, on a ETH L2 chain.
Let's dive into @novarealchain and its mission.
You'll get to know:
➙ what's Nova Realchain
➙ what's Modular Staking
➙ how to use hydro power to mine crypto
➙ what's Nova Resource Sharing (NRS)
➙ $RWAfi
▫️ What is Nova Realchain (also NovaRealChain)
Nova Realchain is a L2 ETH solution designed to bridge real world assets (RWAs) to blockchain assets, including NFTs and tokens.
The project is notable for its backing by the Georgian Royal House and a hydropowered mining facility located in Tbilisi, Georgia.
📹 https://t.co/ffoyQcoLhd
Participants in this ecosystem are required to stake $RWAfi tokens, which act as both warranty and collateral.
❓ Nova will have 2 main energy spending options for yield:
1️⃣ Hydro Energy Yields
— Optimizing yields using AI to provide users with energy-efficient investments.
2️⃣ MaaS (Mining as a Service)
— Earn yield from your favorite PoW coins like Dogecoin or upcoming AI projects like Clore AI.
▫️ What's Modular Staking
RWA Staking:
➙ this method has no locking mechanism; however, early unlocking incurs a 50% fee during the first 24 hours, decreasing linearly to 0% over 30 days.
Modular Staking in Nova is a system divided into 4 distinct staking methods.
1️⃣ PoS Validators:
➙ you stake $RWAfi tokens to participate in the governance and security of NovaRealChain’s L2, earning rewards in the process.
2️⃣ RWA Validators:
➙ these are certified valuators and appraisers who authenticate and legitimize various assets.
➙ staking $RWAfi is required, but validators earn royalties from RWA sales.
3️⃣ RWA Guardians:
➙ they are internationally licensed custodians who stake a large amount of $RWAfi tokens as a warranty, earning weekly fees.
4️⃣ yPoW Staking:
➙ you stake $RWAfi to earn sRWAfi points, which can be redeemed for #Bitcoin,$USDT, or used within the marketplace, with yields derived from Nova’s hydropowered mines.
▫️ What's Nova Mining 🔥 — How to use hydropower to mine crypto
NovaMining refers to the utilization of Nova's Hydromining Infrastructure in Georgia, where participants can mine various cryptocurrencies using hydropower.
That's awesome, right?
How?
➙ Stakers can leverage their unused GPU power to boost their yield. 🔥
Green! 🟩
➙ This mining approach emphasizes sustainable energy use and maximizes the mining potential of the participants.
50mW HydroMining
➙ NovaMining is a (DePIN) that operates a physical Mining Framework in an open and decentralized manner.
▫️What's Nova Resource Sharing (NRS)
NRS allows you to utilize their unused GPU power to assist in mining different cryptocurrencies and securing the network.
Sharing GPU sources:
➙ You can help accelerate model training and improve algorithm performance, all while monitoring their power usage and earnings in real time through Nova’s dashboard.
▫️ $RWAfi
➙ $RWAfi is the native token of NovaRealChain.
➙ primarily used to pay fees on-chain and secure the network.
➙ holders can participate in the governance of the network by voting on changes and proposals.
➙ is required for staking by validators & guardians who help secure both the on-chain and off-chain network aspects of Nova Realchain.
I couldn't find any other info about tokenomics, or launching dates. If you have any, drop them below! 🙏
▫️ Useful links I found
> Website: https://t.co/TjtQWG47a9
> X: @novarealchain
> Company details: https://t.co/8OkrW1QMOv
> Litepaper: https://t.co/ua1053bap3
> Hydro mining website: https://t.co/iYTDAnd74F
▫️ If you enjoyed this reading
Don't forget to follow @raares and retweet.
👉 It keeps me going 🙌. Thanks.
🚨SECURITY ALERT for Trust Wallet users🚨
TURN YOUR IMESSAGE ASAP:
Settings > Messages > Turn Off iMessage
There is a confirmed Zero Day Exploit (aimed at iMessage) which can sneak onto your iPhone without clicking on a link
⚠️DO IT ASAP and share to everyone⚠️