N3RD Finance (N3RDZ) it’s a DeFi protocol that’s currently being built on Ethereum. It is also a deflationary Cryptocurrency featuring deflationary farming!
In time, there will be a full suite of DeFi products combined with automated yield generating strategies. A DAO maintained and governed by the community!
🤓 Website: n3rd.finance
🤓 Ticker: $NERDz
🤓 Total supply: 21,000
🤓 Launch: Liquidity generation event ( duration 1 week ) only whitelisted participants
🤓 Max cap: 800 ETH (FOMO)
🤓 N3RD backbone : 5% of the initial supply (locked/vested for 6 months)
🤓 N3RD DAO public good reserve : 4% (locked/vested for 6 months)
🖥️-desktop computer /laptop
🦊-Metamask
🦄-ETH
In order to be one of the whitelisted NERDz, you Will need to pass the game level on our Website.
At the end of the level you Will be able to verify (whitelist) your ETH address and continue to the LGE Page.
There is no Cap for the personal contribution, meaning you can contribute as much as you want. Hence it could be a Quick LGE.
Be there on time!
(follow the countdown here : n3rd.finance)
You can contribute ETH to the N3RD Fair Launch smart contract to receive LP tokens.
(of course, only after passing our “SAM” check and completing the N3RD game level 1–1)
(screenshot from N3RD Website)
The contributed ETH will be matched with 19,110 NERDz and added to the Uniswap liquidity pool.
Dev funds +DAO Reserve will be minted gradually every month until 9% of total supply is reached
Be aware that once added,
40% of your liquidity tokens can NOT be removed from the NERDz Uniswap LP pool. This is hardcoded in the protocol !!!
Once LGE ends, the Uniswap WETH-NERDz liquidity token will be locked in the LGE contract.
40% of the total LP minted in LGE will be locked forever (no one would be able to withdraw it)
The remaining 60% is withdrawable by the LGE participants, but withdrawing is only available 4 weeks after LGE ends.
Then this 60% of the LPs will be released gradually within a 10-week period, so 6% per week.
(how N3RD works, CORE differences)
TLDR: Similar deflationary farming as CORE, but way more flexible due to our unique design, meaning we can add new pairs very fast.
Why it will Moon?
Boosted Farming during the first month. Delayed release of 50% of the rewards to decrease sell
pressure , buybacks from early unlock penalties etc.
On top of that we will slowly roll out our value added services like Auto strategy matavault, lending, and later down the road - decentralised margin trading , all of which Will massively increase the possitive feedback loop and the utility of the $NERDz token!
N3RD allows LGE participants to withdraw 60% of their allocated LP tokens. This is different from CORE, which locks 100% liquidity generated by LGE forever.
After the completion of LGE, all liquidity generated by the LGE is added to Uniswap
The corresponding liquidity token generated by the addition of liquidity is locked in the nerd LGE contract
60% of the liquidity token is then moved to the farming vault, from which all liquidity generation event participants will earn farming rewards generated by the system.
Locking 100% liquidity generated by LGE is not fair for LGE participants. We consider participating in LGE is equal to investing in the project. As an investment, an LGE participant should be able to withdraw part of the liquidity generated by the amount of ETH contributed by the participants.
Withdraw in the first week of the 10-weeks lock period: The penalty is 4.5% of the withdrawn amount.
From week 2 till week 9, withdrawing penalty amount will be reduced 0.5% by each week.
With all of these reward sources, $NERDz will be able to maintain a farming reward APY higher than the similar competitor system, while still staying as a non-inflationary token.
(less sell pressure 🚀)
50% of the rewards are available immediately
The other 50% of the Farming rewards will be fully locked for 4 weeks.
Then they are gradually released during the next 4 weeks
This is to reduce the selling pressure on $NERDz, thus, avoid a sharp dump of $NERDz price.
Additionally, with this reward vesting, we aim to make sure that everybody has long term incentives and not only to stay with the protocol but also to contribute and participate.
Initially the NERDz/ETH pool will have 2x reward booster compared to the other pools we will launch.
When a user stake LP token in any of the pools , our smart contract automatically takes 0.1% and adds it to the forever locked liquidity.
Adding new farming pools is easy due to our smart contract customizations. Therefore, N3RD.finance does not need to do any additional liquidity generation events for adding new pools.
Thus, N3RD is highly flexible and can move with the farming pools forward quickly.
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