From April 24th, we officially list New BitShares Token (NBS) on the ONUS application. Soon after NBS is added, users can perform the following features:
- Off-chain transactions: Send and receive NBS with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to NBS and vice versa.
About New BitShares
New BitShares is an OSS (open source solution) of DEFI (decentralized finance) and DEX (decentralized exchange) based on DPOS consensus and DAO management structure. New BitShares uses the advanced graphene underlying technology in the blockchain world to build a fast and stable decentralized exchange and decentralized financial platform.
Strengths of New Bitshares:
- Graphene Architecture: Graphene architecture is one of the major technologies in the current blockchain field, this technology making blockchain applications have higher transaction throughput, powerful and stable architecture, It’s the pioneer of blockchain technology.
- Mining Ecology: Investors can participate in inner market mining as long as they have NBS. The mining pool implements the same regular halving model as BTC, which is permanent and sustainable. There are three mining methods: gold standard, coin standard, and referral, which are ecologically scientific, rich, closed, and sustainable.
- Stable, safe and fast: The development team and community members build distributed network nodes around the world to ensure the stability, security and speed of the public network.
- Advanced Account: The NBS blockchain system has a complete account model, from single account to multi-signature account, from capital control to account control, and it’s suitable for enterprise authorization business.
- Customize Assets: Any individual or institution can issue custom assets in the NBS system. The issuer can adjust and set up to more than 20 functional parameters, simple to operate, satisfy the needs of different asset types, and carry out settlement and management of various markets on the chain. Boost the on-chain economy and the real economy.
- Data Disclosure: The transaction data on the blockchain is displayed to users through the mobile phone wallet port and the COMPUTER UI port, which is easy to understand, intuitive and smooth. All data is transparent and traceable , and the data on the chain cannot be tampered with or rolled back, which eliminates various hidden dangers of centralization in the CEX market.
What is NBS Token?
NBS is a native token of the New BitShares ecosystem, and can be used to:
- Fees for processing transactions and storing data.
- Used for governance votes to determine how network resources are allocated.
- Offers the capability to loan your NBS holdings with customizable reserve levels
- Rewards for NBS system Contributors includes witness and workers.
- Name: New BitShares Token
- Symbol: NBS
- Type: Utility Token
- Total Supply: 3,600,000,000 NBS