In this video I talk about Peanut trade. This is a DeFi play that aims to solve the slippage problem with DEX AMM protocols. Thousands of dollar are being loss in DeFi due to slippage. But the volatility and imperfect mechanisms of AMMs make trading on DEXs less profitable due to significant slippage. As a result, users overpay even for minor trades. These are the problems that Peanut solves!
40,000,000 NUX will be minted at genesis. NUX will be deposited to presale addresses and public participants right after each sale accordingly.
Tokens will be unlocked in equal parts on a monthly basis during the next 25 months. An additional 10 million NUX will be shared among all LPs as liquidity mining.
In addition, we will add 20% of raised ETH and appropriate NUX quantity on DEXs for NUX trading pairs.
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