Distribution/Tokenomics
SafeNebula(SNBL)
The Nebula Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade on SNBL : Reflection, LP Acquisition, & Burn.
SNBL Tokenomics :
Initial Total supply : 1,000,000 SNBL
RFI static reward per transaction (Reflection) : 2%
Burn rate per transaction : 2%
Automatic LP Acquisition per transaction : 6%
Maximum buy/sell limit per tx : 70,000 SNBL
Reflection:
A buy, sell or transfer incurs a fee charges of 2% and the entire portion of this is re-allocated to every holder (“the yield”). The rebase mechanism works like an airdrop, but it’s not because it does not require you to "collect" it — quite literally, it just appears as an increase on your balance. The reward amount is conditioned upon the proportion of your holdings to tha total supply and volume of the token being traded. Your reward on every transaction : 2 % * Ntt * y / Ts. (y = your snbl holding, Ntt : number of token being transferred, Ts : current total supply)
LP Acquisition :
On top of the previous point, each buy/sell/transfer goes through an “automatic liquidity generation” event, an acquisition of 6% . This makes passive yield farming sustainable and constantly raises the token price floor. Here’s a simple explanation of the last point: the mechanism harvests the BNB and $SNBL, converts them to a liquidity pool token, and permanently locks it into the contract. Once in the contract, the LP token can never be moved due SNBL's contract ownership has been renounced , making the acquired liquidity a permanently locked feature of the contract. This entire process ends on a sell transaction with the tokens being harvested on every buy and any transfer transaction.
Burn :
It’s the blackhole in the space that forever takes 2% of fees on every transaction. Based on the past records, 2600 - 1000 tokens were burned daily subjected to the daily transaction volume.This allows the supply to decrease with more trading volume, introducing more scarcity and buying pressure into the ecosystem.
With all that being said, by holding SNBL you’re able to passively collect the yield.
SNVault(SVT)
Apart from the passive yield farming, Nebula is targeting to create its own synthethic assets with a total distribution of 50,000 SNVault (SVT). For SVT distribution, we will be using a modified version of the Pancakeswap farming infrastructure. Since Nebula does not intend to create its own competitor to Pancakeswap, we will not be migrating to our own pools. Instead we will just use the staking/farming model for distribution.
We have made a number of changes to the distribution system in order to:
Encourage long-term participation in the ecosystem.
Create a robust and diverse treasury.
Create additional treasury funds.
Penalize users who leave pools too quickly and try to manipulate prices or optimize farming.
Create locking and vesting to reduce deflation and align stakeholders long term.
Total Tokens : 50,000 SVT
Distribution : The plan is for the protocol to release a maximum of 50,000 circulating tokens over 1 year or more.The 50,000 circulating tokens is a hard cap. Users can earn SVT tokens by staking their SNBL/SNBL-LP to the SafeNebula Yield Aggregator Pool. SVT Token reward start to unlock on the same block for everyone and can be withdrawn on anytime. During the initial earning phase of SVT, it's expected to take more than 1 years before all distributed tokens are in circulation.
The distribution will take place in 2 phases:
Initial Release : In order to seed the SVT pool so to prevent mass collapse like other early yield farming assets, 9,000 SVT was pre-allocated, paired with 10 BNB and supplied to Pancakeswap as liquidity. At the same time, 1,000 tokens were allocated for team. These represents less than 20% of tokens to be issued, so the amount will quickly become irrelevant from the dilution (Staking or Farming reward). However, it ensures a larger distribution.
This initial issuance was used for:
Providing initial liquidity to the SVT/BNB pool on Pancakeswap.
Creating a bounty for users to create useful dashboards for SVT pools
Paying rewards for an audit of SafeNebula ecosystem.
Initial listing with exchange and trading partners.
Progressive Release : During the staking/yield farming phase, user will earn SVT each block for staking their SNBL/BNB LP tokens. For staking, 0.33% daily interest in SVT will be rewarded to stakers. (Farming : TBA). The goal of this distribution model is to reward a diverse set of users, as well as encourage the habit of staking SNBL/ BNB LP tokens.
SVT Tokenomics :
Total supply : 50,000 SVT
lnitial Circulating supply : 10,000 SVT
RFI static reward per transaction (automatically distributed to holders) : 4%
Treasury
Maximum buy/sell limit per tx : 250 SVT
NVT (NVT)
Overview
The Nebula’s merchandise marketplace aims to simplify the lives of blockchain project founders and fans by providing ready-made high quality crypto merchandise products for hundreds of most popular crypto coins and tokens. Users can order online different types of apparel and accessories for a preferred coin, token, or a project. All products are white-label, made using good quality materials, in classical style, with a high quality logo prints. Therefore, all products are universal and can be used in official conferences or for casual everyday wear. For more details about the Nebula’s merchandise marketplace, please refer to the store main page at (Coming Soon) (https://merchandise.nebulaprotocol.org/) .
The currency — dubbed the “NVT” — is a currency of Nebula’s merchandise marketplace, giving blockchain project fans a chance to buy merchandise and interact with the store in a manner like any fanbase projects. But while the value of the NVT is backed by demand from the sizable fan base, NVT behaves like a normal cryptocurrency, providing a digitally tradeable token with a floating value, which is also an asset solution that helps to bring fiat and other assets to BSC network via merchandise sale. Together with SNBL and SVT, these three tokens would greatly help enrich the Nebula’s ecosystem by: SNBL – Main token in Nebula ecosystem to provide liquidity to the ecosystem via pool pairing. SVT – Incentive token used in an effective reward distribution mechanism. NVT - An asset solution that helps to bring fiat and other assets to BSC network via merchandise sale.
NVT Distribution:
Total Supply : 300,000
Seed Round : 20,000
DeFi Community Round : 40,000
Liquidity Pool : 35,000
Team & Marketing : 5,000
Mining Reward : 150,000
Airdrop Reward : 50,000
NVT Tokenomics:
4% of each transaction is distributed to holders as a reward.
5% of each transaction is add to liquidity. 2.5% generated LP will be manually locked by the team daily. 2.5% LP withdrawable to fund BUSD farm, BUSD airdrop, and marketing expenses.
Rules Seed Round
Accepts strategic investments from individuals or organizations who can help to promote the project, the maximum allocation is 1,000 NVT per entity.
The seed round price 1 BNB = 400 NVT
DeFi Community Round
Maximum allocation is 640 NVT per entity. To prevent unfair competition, qualified community member must fill a form distributed on 2021–04–22 23:30 UTC in our telegram group. The allocation will be first come, first served.
Community Round price 1 BNB = 320 NVT
Qualification:
Starting from 2021–04–22 00:00 UTC to 2020–04–22 23:30 UTC, Nebula dev team would collect 1 snapshot each hour for all BSC wallet address on Nebula protocol consecutively for 11.5 hours.The exact snapshot time during each hour would be random. To qualify to join the Defi Community Round, your wallet address must stake at least 500 SNBL or holding 1000 SNBL or 100 SVT in all snapshots. Team will crossmatch the whitelist wallets and the snapshot.
Liquidity Pool
35,000 NVT Token and 117 BNB will be allocated to list on Pancake-swap in 1 hour after DeFi Community Round’s pre-sale.
Listing Price = 1BNB = 300 NVT
Team & Marketing
5,000 NVT Token will be allocated for team and marketing.
Mining Reward
Our community is important to us at Nebula, and we wanted to reward SNBL & SVT tokens holders who have been supportive by bringing them additional utility outside of what exists within the Nebula ecosystem. 50 % of NVT supply (150,000) is distributes among 3 staking/farming pool as below:
Staking Pool 2 - Coming soon
Stake SNBL to farm NVT
1 % daily interest
10.5 % withdrawal fee
Staking Pool 3 - Coming soon
Stake SVT to farm NVT
1% daily interest
5% withdrawal fee
Farming Pool – Coming Soon (Value DeFi)
Stake SNBL LP to farm NVT
Airdrop Reward
A lot of our community member have expressed their concerns about the high withdrawal fees on staking Pool 1, and Nebula’s team value their opinion. To compensate/incentivise user who used staking Pool 1（Stake SNBL- to farm NVT）, users will be compensated 5% of the total 10.5% withdrawal fee, via NVT airdrop.
The NVT Airdrop will be conducted daily on UTC 02:00am.
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