Darkness Share
NESS

$0.00000395

-3.37%
  • Market Cap
    $946.677
  • 24 Hour Trading Vol
    $122.492
  • Fully Diluted Valuation
    $3,160.558
  • Circulating Supply
    239,377,846
  • Total Supply
    800,000,000
  • Max Supply
    800,000,000
Darkness Share
NESS (DarkNess Dollar Share) is an algorithmic token that accrues fees and seigniorage, with supply allocation over 96-48 months.
Socials
Category
DeFi
Darkness Share Converter
NESS
1 NESS = $0.00000395
NESS Statistics
  • Darkness Share Price
    $0.00000395
  • Trading Volume
    $122.492
  • Market Cap
    $946.677
Darkness Share Price Chart (NESS)

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24h
7d
30d
3M
1Y
YTD
-3.37%
-22.65%
-31.72%
-61.05%
-93.85%
-61.11%
About Darkness Share

NESS (DarkNess Dollar Share) is an algorithmic token designed to accumulate fees, seigniorage earnings, and any surplus collateral value. The maximum supply of NESS is 800000000:

 400000000 (50.00%) will go to the Community through a liquidity mining program spread over 96 months. 100000000 (12.50%) will be allocated to the Insurance Fund over 96 months. The fund will convert its holdings into CRO, which serves as a backing asset for NESS. For instance, if the NESS supply is 100000000 and the Insurance Fund holds 2000000 CRO, NESS holders can burn 1 NESS at any time to receive 0.02 CRO. 200000000 (25.00%) is reserved for development (including marketing, audits, development rewards, community activities, and other operating costs) and will be released gradually across 48 months. 90000000 (11.25%) will be reserved for strategist partnerships and confounding advisors, released gradually over 24 months. 10000000 (1.25%) will be used to seed distribution through DarkBoost and provide initial liquidity via DarkCrypto Dao Fund.

DarkNess Dollar presented a model where a cryptocurrency is supported by collateral in part, while the remaining portion is stabilized using an algorithm. DarkNess Dollar functions as a stablecoin where some of its supply is collateral-backed and some is algorithmically maintained. In other words, it is structured as a stablecoin with a portion of its supply floating or not directly backed.

Darkness Share Markets
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