NeoNomad Exchange Overview
The NeoNomad decentralized Exchange is a non-custodial exchange that leverages self-executing smart contracts to facilitate and execute trading, effectively removing the need for third-party intermediaries.
NeoNomad is an all-inclusive decentralized financial ecosystem built on the Solana Protocol to provide the unbanked/underbanked and the global community with more sustainable decentralized financial solutions.
NeoNomad enables users to have full financial control over their assets from anywhere in the world in a user friendly, decentralized and secure manner. Here, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, you may provide liquidity to a trading pool to earn a share of trading fees.
NeoNomad Exchange Products
- Lending
- Borrowing
- Yield Farming
- Staking
- NFT Marketplace
On February 2022, NeoNomad Finance will be launch on Solana’s Mainnet network. As a Solana automated market maker (AMM) optimized for trading pegged assets.
NeoNomad Tokenomics
- 70,000,000 NNI (35.00%) Staking/Mining Reserve/Liquidity Pools
- 40,000,000 NNI (20.00%) Team Allocation with (4 year linear release)
- 28,000,000 NNI (14.00%) IDO (Public Sale)
- 10,000,000 NNI (5.00%) Development (2 year linear release)
- 10,000,000 NNI (5.00%) Marketing & Advertising (2 year linear release)
- 2,000,000 NNI (1.00%) Liquidity Reserve
Initial Liquidity Mining Distribution
A portion of the mining reserve (2,000,000 NNI or 1% of total token supply) will be distributed during the first two weeks of the liquidity mining program. This ensures that from the beginning, will be given to actual users of the protocol and help align liquidity provision incentives. The target launch date for the liquidity mining program is February 4, 2022 at 10:00 PM UTC
NeoNomad Finance is the easiest way to exchange cryptocurrency on the Solana blockchain. Here, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, you may provide liquidity to a trading pool to earn a share of trading fees.
