NSHARE is not active.
Cryptocurrency List
NSHARE
NSHARECurrent trading data unavailable
$ 85.8 ths.
Maximum supply: 1 000 001 tokens.
Saved supply is used; its verification date is unknown.
Calculated using the last available price; quote freshness is unconfirmed.
Price: low and high
How the range is calculated
24h uses saved quotes from the last 24 hours. The 30-day and one-year views use daily lows and highs for UTC calendar days, including today. Gaps are not filled; prices may have differed between samples. The dot marks the current price, not a buy signal.
All time uses CoinGecko’s USD ATL and ATH. Other currencies use the current exchange rate; these are not historical records in the selected currency.
Exchanges where NSHARE is traded
No dataCalculator NSHARE
1 NSHARE = 0.0858 USD
What is NSHARE?
Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network.
Nacho Finance is a multi-token protocol that consists of the following three tokens:
- Nacho Shares (NSHARE) (Governance & Measure of protocol value)
- Nacho Token (NACHO) (Medium of exchange)
- Nacho Bonds (NBOND) (Change NACHO supply during contraction periods)
NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl. Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem.
The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price.
NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.
Official websites and links for NSHARE
There are currently about 3 official links to NSHARE websites and social media:
- Website - nachoxyz.com
- Twitter - twitter.com/nacho_finance
- Facebook - facebook.com