Naka Strategy - $NAKA

Reserve token backed by a decentralized ETH treasury — a DAT that runs on code alone. Open source, build on @RobinhoodCrypto.

[Naka Strategy - $NAKA @NakaStrategy_io]

NAKAMOTO ($NAKA) is a reserve token backed by a decentralized ETH treasury.

Coming to Robinhood Chain, launch soon.

BACKED BY ETH, HELD BY CODE

The treasury is a contract holding ETH, and only token holders can take it out. Ownerless and immutable. Zero team allocation, zero pre-mine, open source.

HOW IT WORKS

— Mint: send ETH, receive $NAKA on a exponential curve. Entry fee 0%, max 5 ETH per mint.
— Redeem: take your share any time, treasury x your tokens / supply. Exit fee 5%, and 3% in treasury.
— Supply: 21,000,000 max, minting ends at 3,000 ETH.

A TREASURY THAT KEEPS GROWING

The treasury fills from two fees: 3% of every redemption, and the LP fees from trading on the secondary market.

$NAKA LP on Uniswap opens shortly after mint begins.

More details: https://t.co/kEI0fku3cU