NEST DAO
6 |June 3, 2023
7 | -------------------------------------------------------------------------------- /67_OperatingExpenseSettlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | 3 | NEST DAO will spend 3499.93 USDT ，53.24 ETH and 2445698.18 NEST on November 10, 2022 to settle the operating expenses from October 6, 2022 to November 5, 2022. 4 | 5 | NEST DAO 6 | November 10, 2022 7 | -------------------------------------------------------------------------------- /72_Operating_expenses_settlement.md: -------------------------------------------------------------------------------- 1 | Operating expenses settlement 2 | 3 | NEST DAO will spend 6308103.31 NEST on January 7, 2023 to settle the operating expenses from December 6, 2022 to January 5, 2023. 4 | 5 |NEST DAO
6 |January 7, 2023
7 | 8 | -------------------------------------------------------------------------------- /81_Operating_expenses_settlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | 3 | NEST DAO will spend 4288894.94 NEST on May 5 2023 to settle the operating expenses from April 6, 2023 to April 30, 2023. 4 | 5 |NEST DAO
6 |May 5, 2023
7 | -------------------------------------------------------------------------------- /37_NEST3.6_Update_Announcement.md: -------------------------------------------------------------------------------- 1 | # NEST 3.6 Update Announcement 2 | 3 | Nest will make adjustments to its quote commission, average price and volatility rate algorithm soon. 4 | 5 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 6 | 7 | NestCore 8 | 9 | 2021.06.01 10 | -------------------------------------------------------------------------------- /76_Operating_expenses_settlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | 3 | NEST DAO will spend 10119398.88 NEST on March 7, 2023 to settle the operating expenses from February 7, 2023 to March 6, 2023. 4 | 5 | 6 |NEST DAO
7 |2023.3.7
8 | -------------------------------------------------------------------------------- /80_Operating_expenses_settlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | 3 | NEST DAO will spend 7381921.32 NEST on April 6 2023 to settle the operating expenses from March 7, 2023 to April 5, 2023. 4 | 5 |NEST DAO
6 |April 6, 2023
7 | -------------------------------------------------------------------------------- /34_NESTDAOAnnouncement.md: -------------------------------------------------------------------------------- 1 | ## NEST DAO Announcement 2 | 3 | Due to the price instability of the NEST token, the activation of the NEST DAO repurchase will be postponed until 2021.01.22 12:00 UTC. 4 | 5 | The activation of DAO repurchase for other QP tokens will also be postponed until the NEST Protocol 3.6 Release. 6 | -------------------------------------------------------------------------------- /65_Announcement_of_reward_adjustment_on_Ethereum.md: -------------------------------------------------------------------------------- 1 | [Announcement] Announcement of reward adjustment on Ethereum 2 | 3 | The NEST reward per block of channel 0 on Ethereum has been adjusted from 24 to 20. According to the proportion, reward of NN will be adjusted from 4.5 to 3.75 4 | 5 | NEST DAO, October 12, 2022 6 | -------------------------------------------------------------------------------- /66_Add_high_leverage_to_futures.md: -------------------------------------------------------------------------------- 1 | [Announcement] Add high leverage to futures 2 | 3 | In order to make futures more interesting, 10, 15, 20 times of high leverage will be added to futures, and direct quotation strategy will be introduced to ensure the price security under high leverage 4 | 5 | NEST DAO, October 19, 2022 6 | -------------------------------------------------------------------------------- /19_UpdateTokenAbonus.md: -------------------------------------------------------------------------------- 1 | # 升级收益逻辑合约 2 | 3 | 升级时间：2020年07月28日15：08 4 | 5 | 升级内容：优化getInfo方法，兼容NToken第一次领取收益前可以正常返回数据 6 | 7 | 合约地址由0xc3591cE63Edd202bF3B583E559B7257c1c2F76e3更改为==>0x19E1d193A448bD13097EFC2aea867468726e67c5 8 | 9 | github开源地址：https://github.com/NEST-Protocol/NEST-oracle-V3/blob/master/NestAbonus/Nest_3_TokenAbonus.sol 10 | 11 | NestCore 12 | -------------------------------------------------------------------------------- /21_UpdateNTokenOfferMain.md: -------------------------------------------------------------------------------- 1 | # 升级NToken预言机报价合约 2 | 3 | 升级时间：2020年08月31日 12:00 4 | 5 | 升级内容：解决 MX Token(0x11eef04c884e24d9b7b4760e7476d06ddf797f36)等没有实现标准ERC20的Token报价兼容性问题。 6 | 7 | 注意： 8 | 9 | 1. 升级前暂时不要报价MX Token。 10 | 11 | 2. NToken 预言机报价矿工需在升级之后，更换新的报价合约地址。 12 | 13 | 3. 拍卖、报价预言机Token前需要自行验证是否为标准ERC20。 14 | 15 | 4. 新的NToken预言机报价合约地址会在升级前公布。 16 | 17 | NestCore 18 | 2020.08.27 19 | -------------------------------------------------------------------------------- /63_Operating_Expenses_Settlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | NEST DAO spent 45.2 ETH on October 1, 2022 to settle the operating expenses from September 6, 2022 to September 30, 2022. 3 | NEST DAO will spend 39729.36 USDT and 1100000 NEST on October 8, 2022 to settle the operating expenses from September 6, 2022 to October 5, 2022. 4 | 5 | NEST DAO, 6 | October 8, 2022 7 | -------------------------------------------------------------------------------- /20_UpdateNTokenOfferMain.md: -------------------------------------------------------------------------------- 1 | # 升级NToken预言机报价合约 2 | 3 | 升级时间：2020年08月11日12:00 4 | 5 | NToken报价合约地址由 0x99bd363a144Fb61FEAe863b182F1f200667a1879 更改为==> 0xc40D7b9ca90EAca4A6e067b6ec689fD29f4a8b3C 6 | 7 | Github开源地址：https://github.com/NEST-Protocol/NEST-oracle-V3/blob/master/NTokenOffer/Nest_NToken_OfferMain.sol 8 | 9 | 注意：NToken 预言机报价矿工需在升级之后，更换新的报价合约地址。 10 | 11 | NestCore 12 | 2020.08.11 13 | -------------------------------------------------------------------------------- /12_NestCore_UpdateNestAbonus.md: -------------------------------------------------------------------------------- 1 | # Update Nest Abonus 2 | 3 | Optimization logic 4 | 5 | old address: 0x32E4BCD2b6183501517616FBffaA9335069E0807 6 | 7 | new address: 0xF67B829397Dc05751a98f243DbdE5Db63f86E7f6 8 | 9 | 10 | --- 11 | 12 | 13 | # 升级Nest分红逻辑合约 14 | 15 | 优化分红逻辑 16 | 17 | 旧地址: 0x32E4BCD2b6183501517616FBffaA9335069E0807 18 | 19 | 新地址: 0xF67B829397Dc05751a98f243DbdE5Db63f86E7f6 20 | -------------------------------------------------------------------------------- /74_Operating_expenses_settlement.md: -------------------------------------------------------------------------------- 1 | [Announcement] Operating expenses settlement 2 | 3 | NEST DAO will spend 8452858.25 NEST on February 9, 2023 to settle the operating expenses from January 6, 2023 to February 6, 2023. 4 | 5 |NEST DAO
6 |February 9, 2023
7 | 8 | 9 | 10 | -------------------------------------------------------------------------------- /43_NEST3.7_Update_Report.md: -------------------------------------------------------------------------------- 1 | # NEST 3.7 Update Report 2 | 3 | Nest protocol has updated, the contents are as follows: 4 | 5 | 1. Change the post fee to dynamic, the formula is 0.01 + 400000 * gasPrice; 6 | 2. Adjust fee of call oracle to 0.001 eth per call. 7 | 8 | Upgrade time: Jul-19-2021 07:00 AM +UTC 9 | 10 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 11 | 12 | NestCore 13 | 14 | 2021.09.19 -------------------------------------------------------------------------------- /14_NestCore_ChangeOfferFactory.md: -------------------------------------------------------------------------------- 1 | # NEST Protocol 报价合约地址升级完成 2 | 3 | 升级时间：2020.06.09 20:12（UTC+8） 4 | 5 | 更新内容：报价工厂合约 6 | 7 | 1.禁止0价格的报价单 8 | 9 | 2.修改报价合约转入ETH逻辑 10 | 11 | 3.修改报价合约判断调用地址逻辑 12 | 13 | 旧地址：0x4F391C202a906EED9e2b63fDd387F28E952782E2 14 | 15 | 新地址：0x43D99D54F14c64994FD9666BEAB6023b0069De20 16 | 17 | 18 | 19 | 20 | 新版合约代码已在 Etherscan 区块浏览器进行开源。 21 | 22 | NEST 开发者 23 | 24 | 2020.06.09 20:20 25 | -------------------------------------------------------------------------------- /31_NEST3.5releaseTime.md: -------------------------------------------------------------------------------- 1 | # NEST 3.5 release time on Ethereum mainnet 2 | 3 | Upgrade time: 2021.01.19 8:00 UTC 4 | 5 | The audit of the NEST3.5 contract has been completed and the final commissioning is currently in progress. 6 | 7 | 8 | github:https://github.com/NEST-Protocol/NEST-Oracle-V3.5 9 | 10 | > The mainnet contract address will be announced in a future announcement. 11 | 12 | NestCore 13 | 14 | 2021.01.15 15 | -------------------------------------------------------------------------------- /13_NestCore_UpdateOfferFactory.md: -------------------------------------------------------------------------------- 1 | # NEST Protocol 报价合约地址更新预告 2 | 3 | 更新时间：2020.06.09 20:00（UTC+8），约需10分钟 4 | 5 | 更新内容：报价工厂合约 6 | 7 | > 旧地址：0x4F391C202a906EED9e2b63fDd387F28E952782E2 8 | 9 | > 新地址：0x43D99D54F14c64994FD9666BEAB6023b0069De20 10 | 11 | 更新影响：报价者和验证者需在新版合约更新之前「暂停报价」，并对已发起的报价合约做「取回资产」操作；等待新版合约更新完成之后，开始新的报价；对于使用脚本的报价者和验证者需要修改脚本中的报价工厂合约地址，然后再启动脚本。 12 | 13 | 新版合约代码已在 Etherscan 区块浏览器进行开源。 14 | 15 | NEST 开发者 16 | 17 | 2020.06.09 18 | -------------------------------------------------------------------------------- /22_UpdateNTokenOfferMainAddress.md: -------------------------------------------------------------------------------- 1 | # 升级NToken预言机报价合约 2 | 3 | 升级时间：2020年08月31日 15:00 4 | 5 | 升级内容：解决 MX Token(0x11eef04c884e24d9b7b4760e7476d06ddf797f36)等没有实现标准ERC20的Token报价兼容性问题。 6 | 7 | NToken预言机报价合约地址由 0xc40D7b9ca90EAca4A6e067b6ec689fD29f4a8b3C 变为 0x1542E790a742333EA6A2F171c5d07A2E7794EEf4 8 | 9 | 注意： 10 | 11 | 1. NToken 预言机报价矿工需在升级之后，更换新的报价合约地址并重新对新合约授权。 12 | 13 | 2. 更新前APP将显示新合约的报价单，旧合约的报价单将不会显示，在升级前APP用户尽量将报价单取回。 14 | 15 | NestCore 16 | 2020.08.31 17 | -------------------------------------------------------------------------------- /58_Merger.md: -------------------------------------------------------------------------------- 1 | [Announcement]The technical teams of the FORT protocol and NEST protocol worked together to advance the merger, and the merger is completed ahead of schedule on July 22nd. 2 | 3 | the DCU holders can sell DCU to NEST; 4 | the users can swap between NEST and USDT for the swap contract; 5 | the investors can open any positions for the future and option contracts with NEST; 6 | the users can bet NEST to win more NEST for the roll contract; 7 | 8 | NEST DAO 9 | -------------------------------------------------------------------------------- /39_NEST3.6_Update_Announcement.md: -------------------------------------------------------------------------------- 1 | # NEST 3.6 Update Announcement 2 | 3 | Recently, gasPrice has declined. In order to improve the participation of quotation, we plan to reduce the scale of quoted assets. 4 | 5 | | Name | Old Value | New Value | 6 | | ---- | ---- | ---- | 7 | | NEST Post ETH Unit | 30 eth | 10 eth | 8 | | NToken Post ETH Unit | 10 eth | 1 eth | 9 | 10 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 11 | 12 | NestCore 13 | 14 | 2021.06.16 -------------------------------------------------------------------------------- /15_NestCore_Nest3Notice.md: -------------------------------------------------------------------------------- 1 | # 有关 NEST 3.0 主网上线的预告 2 | 3 | 主网上线窗口期：2020.06.28 ~ 2020.07.02 4 | 5 | NEST 3.0 核心内容有： 6 | 7 | 1. 新增 nToken 系统，支持任意 ERC20 Token/ETH 的价格预言机； 8 | 9 | 2. 新增报价偏离防御机制，提高 NEST 预言机抗攻击性； 10 | 11 | 3. 新增投票系统，支持 NEST 系统去中心化 Token 治理； 12 | 13 | 4. 新增系统 ETH 收益池和存储池资金的闪电贷功能； 14 | 15 | 5. NEST3.0 上线后，NEST 预言机将正式对外开放；同步发布 NEST 预言机开发者文档以及预言机价格数据调用收费规则。 16 | 17 | 有关 NEST3.0 相关的更多信息，请关注 NEST Protocol GitHub 动态。 18 | 19 | 20 | NestCore 21 | 22 | 2020.06.15 23 | -------------------------------------------------------------------------------- /62_Adjust_the_mining_vol_me_per_block_of_Track_0_on_Ethereum.md: -------------------------------------------------------------------------------- 1 | [Announcement: ]Adjust the mining volume per block of Track 0 on Ethereum 2 | 3 | After the merger of Ethereum, the time to generate one block has changed from the original 14 seconds to the current 12 seconds. In order to stabilize the mining speed of NEST, we are going to adjust the mining volume of NEST per block of Track 0 on Ethereum from 24 NEST per block to 20 NEST per block. 4 | 5 | NEST DAO October 1, 2022 6 | -------------------------------------------------------------------------------- /64_Update.md: -------------------------------------------------------------------------------- 1 | [Announcement] NEST plan to switch quotation channel on Ethereum from HBTC to PBTC at 17:00(UTC+8) on Oct 12th, the switching process requires all quotation miners to suspend quotation and close all historical quotations, after the switch is completed, then start the normal quotation. All the HBTC assets need to switch to PBTC for quotation, and at the same time, the Standard Output will be adjusted from 24 NEST/Block to 20 NEST/Block. 2 | 3 | NEST DAO, October 11, 2022 4 | -------------------------------------------------------------------------------- /54_ONE_NEST_ONE_COIN.md: -------------------------------------------------------------------------------- 1 | [Announcement] ONE NEST, ONE COIN 2 | 3 | On July 6th, 2022, NEST DAO, after discussion, passed a proposal for the merger of the NEST protocol and FORT protocol. The NEST community is scheduled to vote on the merger plan from July 8th to July 14th, 2022. If the vote is passed, the technical teams of NEST protocol and FORT protocol will jointly advance the merger, and the merger is expected to be completed on July 29th. 4 | 5 | 6 | NEST DAO 7 | 8 | July 6th, 2022 9 | -------------------------------------------------------------------------------- /29_AdjustQuotationFee.md: -------------------------------------------------------------------------------- 1 | # Adjust quotation fee 2 | 3 | Right now the quotation fee hinders more frequent price quotations. If we reduce the fee, it will encourage more price quotations, as the result the density of price quotations. 4 | 5 | In order to increase the frequency of the price quotations of the NEST Oracle, it is recommended to adjust the NEST quotation fee from 1% to 3‰. 6 | 7 | This update only modifies the USDT/ETH quote pair. 8 | 9 | Update time:2020.11.13,18:00 10 | -------------------------------------------------------------------------------- /56_Approved: the_merger_of_the_NEST_protocol_and_FORT_protocol.md: -------------------------------------------------------------------------------- 1 | [Announcement] Approved: the merger of the NEST protocol and FORT protocol 2 | 3 | Based on the vote from July 8 to July 14, 2022, the NEST community voted to approve the proposed merger of the NEST protocol and FORT protocol. 4 | 5 | One can find the details of the vote at the link https://snapshot.org/#/nestecosystem.eth/proposal/0x5252f34a2247a450b703264dc494e928b9b7e3288a2636917b5d006bdf595244 6 | 7 | 8 | NEST DAO 9 | July 15th, 2022 10 | -------------------------------------------------------------------------------- /38_NEST3.6_Update_Announcement.md: -------------------------------------------------------------------------------- 1 | # NEST 3.6 Update Announcement 2 | 3 | Nest will make adjustments to its quote commission, average price and volatility rate algorithm soon. 4 | 5 | | Name | Old Value | New Value | 6 | | ---- | ---- | ---- | 7 | | NEST Post Fee Unit | 0.1 eth | 0.02 eth | 8 | | NToken Post Fee Unit | 0.05 eth | 0.02 eth | 9 | | Average price weight | 5% | 10% | 10 | | SigmaSQ weight | 5% | 10% | 11 | 12 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 13 | 14 | NestCore 15 | 16 | 2021.06.07 17 | -------------------------------------------------------------------------------- /71_Stop_Mining_Announcement.md: -------------------------------------------------------------------------------- 1 | Stop Mining Announcement 2 | 3 | The cryptocurrency is currently in a bear market and NEST protocol will focus on the development of PVM. In order not to affect the subsequent upgrade, the following adjustments will be made as of December 28, 2022: 4 | 1. Suspend all option trading 5 | 2. Stop mining module 6 | 7 | Users please close all your option positions before December 28, 2022. We will announce the re-opening time separately. 8 | 9 |NEST DAO
10 |2022.12.26
11 | 12 | -------------------------------------------------------------------------------- /44_NEST_Open_Version_Release_Plan.md: -------------------------------------------------------------------------------- 1 | ## NEST plans to release an open version on BSC as follows: 2 | 3 | 1. Everyone can open the quotation pair and has partial management authority over the quotation pair; 4 | 5 | 2. The signatures of interfaces such as post, close and price query are adjusted accordingly, but the core mechanism of nest price formation remains unchanged; 6 | 7 | 3. The same quotation pair can be opened multiple times and compete with each other; 8 | 9 | 4. Optimize and adjust some parameters of nest. 10 | 11 | Nest Core 12 | 13 | 2021-11-15 14 | -------------------------------------------------------------------------------- /53_The_System_Maintenance_Account_of_NEST_Protocol_Upgrades_to_Multisignature.md: -------------------------------------------------------------------------------- 1 | [Announcement] The System Maintenance Account of NEST Protocol Upgrades to Multisignature 2 | 3 | The system maintenance account of NEST protocol has been upgraded to multisignature. For any modification of NEST, the authorization requires the confirmation from at least 2/3 of the following multisignature accounts. 4 | 5 | 0x4D3fB3D971a984650b3681376a952ADc720E06d3 6 | 7 | 0xA38afc5c1E33f85B06D4b8C2b4312c1DC1054882 8 | 9 | 0xE1D5a49Ca9E35e9BE69DC16495a9d095BA09bD90 10 | 11 | 12 | NEST Team 13 | 14 | 2022-05-16 -------------------------------------------------------------------------------- /17_NestCore_Nest3Update.md: -------------------------------------------------------------------------------- 1 | # NEST 3.0 将在以太坊主网发布的公告 2 | 3 | 上线时间：2020.07.13 15:00 4 | 5 | 核心内容： 6 | 7 | 1）NEST预言机正式对外开放调用； 8 | 9 | 2）新增 nToken 系统，支持任意 ERC20 Token/ETH 的价格预言机； 10 | 11 | 3）新增投票系统，支持 NEST Protocol 去中心化治理； 12 | 13 | 4）其他系统优化和调整； 14 | 15 | NEST3.0合约代码开源地址：https://github.com/NEST-Protocol/NEST-oracle-V3 16 | 17 | 注意事项： 18 | 19 | 1）矿工群体：建议在 2020.07.13 14:50 之前停止报价并取回合约中的报价资产，升级成功后，可替换新版的报价合约，继续参与报价； 20 | 21 | 2）普通用户：在 NEST DAPP 升级后（Android 版本正常升级，iOS版本需等待App Store审核通过），需主动从旧的系统收益验证合约中取回 NEST 资产，然后存入到新版合约中来； 22 | 23 | 有关 NEST 相关的开发动态，可关注 NEST Protocol GitHub 获知。 24 | 25 | NestCore 26 | 27 | 2020.07.13 28 | -------------------------------------------------------------------------------- /77_NESTFi_Upgrade_Announcement.md: -------------------------------------------------------------------------------- 1 | ### NESTFi Upgrade Announcement 2 | 3 | In order to meet the trading needs of users, we will bring a brand-new trading experience after this upgrade, and also support direct trading with USDT. 4 | 5 | The specific adjustments are as follows: 6 | 7 | #### NESTFi Upgrades 8 | 9 | |Before|After| 10 | |---|---| 11 | |Does not support USDT direct trading|USDT can be used to open position directly, and the system will automatically convert it to NEST| 12 | |Liquidation rate is 0.5|Liquidation rate is 1%| 13 | 14 | 15 |NEST DAO
16 |2023.3.21
17 | -------------------------------------------------------------------------------- /93_Announcement_Of_Suspension_Of_Trading_On_NESTFi.md: -------------------------------------------------------------------------------- 1 | Dear members of the NEST community, 2 | 3 | Moving forward, NEST will focus more on the development and promotion of its Oracle service, and the business operations of NESTFi will be gradually adjusted. As decided by the NEST DAO, the following adjustments will be made: 4 | 1. Starting from December 12, 2023, at 3:00 UTC, NESTFi will cease the opening of new positions. Existing positions can be closed, but no additional positions can be added. 5 | 2. On January 31, 2024, all remaining positions will be automatically settled. 6 | 7 | NEST DAO 8 | 9 | December 11, 2023 10 | -------------------------------------------------------------------------------- /96_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community Members, 2 | 3 | We would like to inform all users of the NESTFi that all open positions will be closed on January 31st at 24:00 UTC. Positions will be settled at the market price at the time of closure. 4 | 5 | Please note that withdrawal and spot swap functionalities will remain unaffected by this action. 6 | 7 | We appreciate your understanding and cooperation as we make this adjustment. For any inquiries or assistance, please do not hesitate to reach out to our support team. 8 | 9 | Thank you for your continued support of NEST Protocol. 10 | 11 | Sincerely, 12 | 13 | The NEST Protocol Team 14 | -------------------------------------------------------------------------------- /47_NEST_Update_Report.md: -------------------------------------------------------------------------------- 1 | NEST Update Report 2 | 3 | NEST released a version on ethereum that allows multiple tokens to be quoted at one time. See the corresponding git code warehouse for the contract address 4 | 5 | And the parameters of NEST v3.7 are adjusted as follows 6 | 7 | | Contract | Name | Value | 8 | | ---- | ---- | ---- | 9 | | nestRedeeming | activeThreshold | 100 | 10 | | nestRedeeming | nestPerBlock | 50000 | 11 | | nestRedeeming | nestLimit | 15000000 | 12 | | nestRedeeming | ntokenPerBlock | 500 | 13 | | nestRedeeming | ntokenLimit | 150000 | 14 | | ntokenMining | doublePostThreshold | 100 | 15 | 16 | NestCore 17 | 2021-12-18 18 | -------------------------------------------------------------------------------- /16_NestCore_Nest3Notice.md: -------------------------------------------------------------------------------- 1 | # NEST 3.0 在以太坊主网发布时间公告 2 | 3 | 4 | 上线窗口期：2020.07.13 ~ 2020.07.15 5 | 6 | 原计划调整原因：nToken系统调整 7 | 8 | 具体调整内容如下： 9 | 10 | 1）nToken 预言机系统经济模型由使用权模型调整为收益权模型。 11 | 12 | - 每个 nToken 系统有独立的系统收益池、储蓄基金池、nToken 存取合约； 13 | 14 | - nToken 预言机报价挖矿收取 ETH 手续费，进入系统收益池； 15 | 16 | - 持有 nToken 拥有该 nToken 系统的收益权。 17 | 18 | 2）nToken 预言机调用收费规则：每一次调用nToken预言机价格数据，调用者需向 nToken 系统支付 ETH 费用。 19 | 20 | 3）nToken 预言机系统收益的一部分将转入 NEST 收益池，计入 NEST 系统收益。 21 | 22 | 4）nToken 预言机拍卖增加激励机制：当前竞拍者与上一个竞拍者竞拍金额差价的一部分将用来奖励上一个竞拍者。 23 | 24 | 25 | 有关 NEST 3.0 在以太坊主网发布的具体动态，可关注 NEST Protocol GitHub 获知。 26 | 27 | NestCore 28 | 29 | 2020.07.02 30 | -------------------------------------------------------------------------------- /41_NEST3.7_Update_Announcement.md: -------------------------------------------------------------------------------- 1 | # NEST 3.7 Update Announcement 2 | 3 | Nest protocol has been upgraded to 3.7. 4 | 5 | Upgrade time: Jul-14-2021 09:30 AM +UTC 6 | 7 | 1. Add earning rate for nest price interface. 8 | 9 | 2. Adjust the postFeeUnit to 0.01eth for nestMining and ntokenMining. 10 | 11 | 3. Adjust the repurchase quota per block to 10000, and the quota limit to 3000000 for nest. 12 | 13 | Adjust the repurchase quota per block to 100, and the quota limit to 30000 for nToken. 14 | 15 | 4. The allowable deviation of repurchase price is ±10% 16 | 17 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 18 | 19 | NestCore 20 | 21 | 2021.07.14 -------------------------------------------------------------------------------- /1_NestCore_MiningAlgorithm.md: -------------------------------------------------------------------------------- 1 | # Mining efficiency change instructions 2 | 3 | On July 09, 2019, due to the total mining volume exceeding 5E, the NEST mining algorithm-total attenuation was attenuated to 0.8153726976 according to the rule of 0.96 per 100 million attenuation. 4 | 5 | ## Attenuation limit change 6 | 7 | > The first 300 blocks are dug out over 20,000 NEST, triggering the following attenuation. (normal) 8 | 9 | The first 300 blocks were dug out more than 16,307.453952 NEST, triggering the following attenuation. (total attenuation) 10 | 11 | > Single mining limit 40,000 NEST (normal) 12 | 13 | Single mining upper limit 32614.907904 NEST. (total attenuation) -------------------------------------------------------------------------------- /69_NEST_functionality_and_status_adjustment.md: -------------------------------------------------------------------------------- 1 | ## NEST functionality and status adjustment 2 | 3 | Poll for NEST functionality and status adjustment ended on 26 Nov, 2022. 4 | 5 | The proposal was approved 100% by the DAO members' vote. 6 | The adjustment will start on 2022-11-28 09:00 UTC. 7 | This adjustment affects quoting miners, option and futures users, please close option and futures orders on Ethereum before the adjustment time, miners stop quoting on Ethereum. Re-opening time will be notified. 8 | 9 | Specific adjustments are as follows 10 | 11 |  12 | 13 | NEST DAO, 2022.11.26 14 | -------------------------------------------------------------------------------- /3_NestCore_CancellationOfMiningBonus.md: -------------------------------------------------------------------------------- 1 | # Cancellation of mining bonus 2 | 3 | Based on the current NEST mining situation and user usage, NestCore developers decided to make the following adjustments to the NEST incentive mechanism after repeated demonstrations: 4 | 5 | The addition of the two influencing factors of the lending cycle and the lending daily interest rate will be added to the NEST award. Next, new products will be developed to reflect the pricing function of NEST Token. The NEST reward in online mortgage lending products is only used as user fee. Rewards and compensation. 6 | 7 | At 3 o'clock this afternoon, the developer implemented the adjustment and the upgrade was successful. 8 | 9 | 2019.07.28 10 | 11 | NestCore team -------------------------------------------------------------------------------- /78_NESTFi_Upgrade_Announcement.md: -------------------------------------------------------------------------------- 1 | ### NESTFi Upgrade Announcement 2 | 3 | In order to ensure the fairness of all transactions and further reduce trading fees, NESTFi Futures will adjust the following parameters. 4 | 5 | #### NESTFi Upgrades 6 | 7 | |Before|After| 8 | |---|---| 9 | |No price slippage|Position<100,000NEST: 0 slippage;Position >= 100,000NEST: if position = 1,000,000NEST, 0.05% slippage. If position = 10,000,000NEST, 0.1% slippage (slippage increases linearly)| 10 | |Dynamic base interest rate|Fixed base interest rate = 0.03% (per day)| 11 | |Trading fee rate = 0.1%|Trading fee rate = 0.05%| 12 | 13 | The above adjustments will be made at 9:00 UTC on March 22, 2023 14 | 15 |NEST DAO
16 |2023.3.22
17 | -------------------------------------------------------------------------------- /26_ModificationCompleted.md: -------------------------------------------------------------------------------- 1 | # Contract modification completed 2 | 3 | ## Modify content 4 | 5 | 1. Modify the minimum quotation scale of ETH/USDT quotation track, from 10ETH to 30ETH 6 | 7 | 2. Modify the incremental span of ETH/USDT quotation track scale, from 10ETH to 30ETH 8 | 9 | 3. Modify the ETH/USDT quotation track taking order fee, from one thousandth to zero thousandth 10 | 11 | 4. Modify the NToken quotation track taking order fee, from one thousandth to zero thousandth 12 | 13 | NestCore team 14 | 15 | 2020.09.18 16 | 17 | ---- 18 | 19 | # 合约修改完成 20 | 21 | ## 修改内容 22 | 23 | 1. 修改ETH/USDT报价轨道最低报价规模，10ETH改为30ETH 24 | 25 | 2. 修改ETH/USDT报价轨道规模增量跨度，10ETH改为30ETH 26 | 27 | 3. 修改ETH/USDT报价轨道吃单手续费，千分之一改为千分之零 28 | 29 | 4. 修改NToken报价轨道吃单手续费，千分之一改为千分之零 30 | 31 | NestCore 团队 32 | 33 | 2020.09.18 34 | 35 | -------------------------------------------------------------------------------- /2_NestCore_MiningAdditionModification.md: -------------------------------------------------------------------------------- 1 | # Mining algorithm modification 2 | 3 | The mining algorithm is adjusted by the unilateral increase of the previous loan cycle variable or the loan interest rate variable to satisfy the loan period variable greater than or equal to 7 days (cycle >= 7), and the loan interest rate variable is greater than or equal to three ten thousandths (interest >= 0.3‰), the trigger will be triggered. 4 | 5 | ## Adjustment reason 6 | 7 | > Unilateral Bonus will result in low cost access to NEST 8 | 9 | Unilaterally increase the loan interest rate variable, and the number of NEST obtained and the interest paid are not equal. 10 | 11 | > Some miners increase the bonus, and the order is frequent 12 | 13 | Some miners hope to get more NEST through the addition method, resulting in frequent ticketing. 14 | -------------------------------------------------------------------------------- /28_UpgradePriceContract.md: -------------------------------------------------------------------------------- 1 | # NEST 预言机价格合约升级完成 2 | 3 | 1. 将去除每一笔调用费中分配给矿工 20% 调用费的机制（下游DeFi成长期）； 4 | 5 | 2. NEST-Price 数据所有调用费用统一固定为 0.01 ETH，不分token和所调用的价格数量； 6 | 7 | 价格合约地址由 0x7722891Ee45aD38AE05bDA8349bA4CF23cFd270F 改为 0x94F36FAa6bB4f74009637292b09C355CcD3e80Eb。 8 | 9 | NestCore 10 | 11 | 2020.09.28 12 | 13 | 14 | ----- 15 | 16 | 17 | # NEST Oracle price contract upgrade completed 18 | 19 | 1. The mechanism to remove 20% of the call fee allocated to miners from each call fee (downstream DeFi growth period); 20 | 21 | 2. All call fees for NEST-Price data are uniformly fixed at 0.01 ETH, regardless of the token and the amount of price called; 22 | 23 | The price contract address is changed from 0x7722891Ee45aD38AE05bDA8349bA4CF23cFd270F to 0x94F36FAa6bB4f74009637292b09C355CcD3e80Eb. 24 | 25 | NestCore 26 | 27 | 2020.09.28 28 | -------------------------------------------------------------------------------- /68_ShowNEST.md: -------------------------------------------------------------------------------- 1 | Due to the numerous uncertainties arising from the current Ethereum adjustment, according to the discussion among DAO members, the following adjustments are made to NEST. 2 | 3 | 1. Allocate 2 billion $NEST to DAO account for future operation, promotion and development needs. 4 | 2. Adjust standard output of quotation mining to cope with the uncertainty of Ethereum upgrade and launch a 6-12 months development test in bsc chain. 5 | 3. Suspend some functions of NESTFi on Ethereum. 6 | 7 | Specific adjustments are as follows 8 | 9 |  10 | 11 | The above adjustments will impact quoting miners, option and futures users, so for users, please sell option and futures orders on Ethereum, for miners, please stop quoting on Ethereum. 12 | 13 | NEST DAO, 2022.11.22 14 | -------------------------------------------------------------------------------- /33_SuccessfullyUpgraded.md: -------------------------------------------------------------------------------- 1 | # NEST3.5 2 | 3 | NEST3.5 Protocol has been successfully upgraded at 2021.01.20 9:00 UTC. All functions work as planned 4 | 5 | ## App 6 | 7 | Android App has been upgraded to 3.5 8 | 9 | iOS version is waiting for App Store Review. Will upgrade as soon as Apple approved the release. In the coming release Quote and Verify features will be depreciated. 10 | 11 | There might be some inaccurate data are being displayed due to the depreciated contracts. Please refer to 3.5 Protocol contracts for actual stats 12 | 13 | ## WEB 14 | 15 | NEST Web has been successfully upgraded with System Income Rewards and DAO features. In the coming release, the Quote and Verify feature will be added 16 | 17 | ## DAO Repurchase 18 | 19 | DAO Repurchase will be activated once the oracle price reach stability and the activation is scheduled at 2021.01.20 12:00 UTC. 20 | -------------------------------------------------------------------------------- /50_Temporarily_lending_tokens_for_the_deployment_of_NEST_protocol_to_KCC.md: -------------------------------------------------------------------------------- 1 | [Announcement]Temporarily lending tokens for the deployment of NEST protocol to KCC 2 | 3 | Dear NEST community members, 4 | 5 | We would like to inform you that to participate the KCC Unicorn Contest, NEST (and also the related tokens) will be deployed to KCC on April 15, 2022 (estimated date). 6 | 7 | However, since the cross-chain bridge is currently not enabled, several related tokens (see the table below) would be lent for the deployment. The assets would be returned as soon as the cross-chain bridge is enabled. 8 | 9 | | Token | Cross-chain Supply | Lending Amount | 10 | | ---- | ---- | ---- | 11 | | PETH | 1,000,000 | 15 | 12 | | PUSD | 1,000,000,000 | 90,000 | 13 | | PBTC | 10,000 | 1 | 14 | | NEST | 1,000,000,000 | 6,000,000 | 15 | 16 | 17 | 18 | Thank you for your support. 19 | 20 | 21 | The NEST Team 22 | 23 | April 9, 2022 -------------------------------------------------------------------------------- /9_NestCore_RemoveHTPrice.md: -------------------------------------------------------------------------------- 1 | # 有关 NEST 预言机暂停支持 HT/ETH 报价的通知说明 2 | 3 | 为了更好的提供 NEST 价格预言机服务，NestCore 开发者小组决定先暂停对 HT/ETH 交易对的报价支持。 4 | 5 | 有关 HT、DAI、KNC 等 ERC20 Token 的预言机报价，会在 NEST 预言机 3.0 版本中得到支持。更多 NEST 预言机系统升级动态，请关注 NEST Protocol GitHub。 6 | 7 | 执行时间：2020.03.14 17:30 8 | 9 | NestCore 小组 10 | 11 | 2020.03.14 12 | 13 | --- 14 | 15 | # Notice regarding the suspension of NEST oracle support for HT / ETH quotes 16 | 17 | In order to better provide the NEST price prediction machine service, the NestCore developer team decided to temporarily suspend the quote support for the HT / ETH trading pair. 18 | 19 | Quotations of oracles related to ERC20 Tokens such as HT, DAI, and KNC will be supported in the NEST oracle 3.0 version. For more updates on the NEST oracle system upgrade, please follow the NEST Protocol GitHub. 20 | 21 | Implementation time: 2020.03.14 17:30 22 | 23 | NestCore team 24 | 25 | 2020.03.14 26 | -------------------------------------------------------------------------------- /82_NEST_FI_Upgrades.md: -------------------------------------------------------------------------------- 1 | ## NEST FI Upgrades on 19 May 2 | In order to meet the trading needs, NESTFI will launch MATIC/USDT , ADA/USDT, DOGE/USDT, XRP/USDT trading pairs. The daily fixed base interest rate will be adjusted synchronously when it goes online. The detailed adjustments are as follows: 3 | 4 | ### NEST FI Upgrades 5 | 6 | |Before|After| 7 | |---|---| 8 | |Trading pair BTC/USDT, ETH/USDT, BNB/USDT|Keep BTC/USDT, ETH/USDT, BNB/USDT;Add MATIC/USDT , ADA/USDT, DOGE/USDT, XRP/USDT| 9 | |The daily fixed interest rate:BTC/USDT, ETH/USDT , BNB/USDT to 0.03%|The daily fixed interest rate:Keep BTC/USDT, ETH/USDT to 0.03%;Adjust BNB/USDT to 0.05%;Add MATIC/USDT , ADA/USDT, DOGE/USDT, XRP/USDT to 0.05%| 10 | 11 | The above adjustments will be completed before 9:00 UTC on May 19, 2023, and future trading will be suspended for 15 minutes during the upgrade period. 12 | 13 |NEST DAO
14 |May 18, 2023
15 | -------------------------------------------------------------------------------- /73_Futures_upgrade_announcement.md: -------------------------------------------------------------------------------- 1 | Futures upgrade announcement 2 | 3 | To provide better service, a new version of decentralized futures, NESTFi futures, will go live on January 13, 2023. 4 | 5 | The new version makes the following adjustments: 6 | 7 | New features. 8 | 1. Limit orders to open positions 9 | 2. Stop loss & Take profit order to close positions 10 | 11 | Adjustments to the current function. 12 | 1. The same position can open a new separate position 13 | 2. Open position with 0 slippage 14 | 3. Position's status is retained after being liquidated 15 | 16 | Futures Service Fee 17 | - Position fee: 0.2% of the position 18 | - Limit order: 15 NEST execution fee + Position fee 19 | - Stop order: 15 NEST execution fee + Position fee 20 | 21 | NESTFi future upgrade does not affect trading, after the upgrade, old orders can not use the new functions. 22 | 23 |NEST DAO
24 |January 13, 2023
25 | 26 | -------------------------------------------------------------------------------- /79_NESTFi_Upgrade_Announcement.md: -------------------------------------------------------------------------------- 1 | ### 𝐍𝐄𝐒𝐓𝐅𝐢 𝐀𝐝𝐣𝐮𝐬𝐭𝐦𝐞𝐧𝐭 2 | 3 | To meet the trading needs of users while ensuring fairness in all future trading, the following parameters will be adjusted on NEST Fi Future. 4 | 5 | #### NESTFi Upgrades 6 | | Before | After | 7 | | --- | --- | 8 | | K-line tools are self-developed | Enable TradingView | 9 | | Minimum quote interval of 15 seconds for K-line display | Minimum quote interval of 1 second for K-line display | 10 | | Apply impact cost from 100000 | Apply impact cost from 0 | 11 | 12 | The adjustment will be completed by 9:00 UTC on 6 April 2023. 13 | 14 | 1. After the update is completed, positions placed before this time cannot be bought, added, or limit orders cannot be used. 15 | 2. Closeout, stop loss and liquidation functions can usually be executed. 16 | 3. Positions opened on or before 9:00 UTC on 6 April 2023 that have not been closed can be closed at [previous.nestfi.org](http://previous.nestfi.org/). 17 | 18 |NEST DAO
19 |10 April 2023
20 | -------------------------------------------------------------------------------- /75_NESTFi_functionality_and_status_adjustment.md: -------------------------------------------------------------------------------- 1 | ### [Announcement] NESTFi functionality and status adjustment 2 | 3 | In order to satisfy users trading demand, NESTFi will go live with BNB/USDT token pairs, while leverage up to 50x. This upgrade will suspend quotes in current contracts and current futures positions will use the new quotes. 4 | 5 | | Before | After | 6 | | --- | --- | 7 | | No BNB/USDT Token pair | Add BNB/USDT Token pair | 8 | | Trading fee rate = 0.2% | Trading fee rate = 0.1% | 9 | | Fixed leverages 1、2、5、10、15、20X | Any leverage from 1-50X | 10 | | Set a trigger price to achieve Take Profit and Stop Loss | Can set two prices for Take Profit and Stop Loss | 11 | | ADD margin will be charged 0.2% service fee | ADD margin will not be charged any fees | 12 | | Liquidation rate=0.2% | Liquidation rate=Leverage*0.5% | 13 | | Quote interval = 20 blocks | Quote interval = 10 blocks | 14 | 15 | The above adjustments will be completed on 2023-03-03, 9:00 UTC. Trading of current futures contracts will be suspended during the upgrade process. 16 | 17 |NEST DAO
18 |2023.3.2
19 | -------------------------------------------------------------------------------- /94_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community, 2 | 3 | We would like to share some important news about the evolution of our platform. NEST Protocol will return to our original vision - becoming a leading oracle service provider. As we embrace this renewed focus, our goal is to extend our reach across an even wider array of public blockchains and Layer 2 solutions. 4 | 5 | We are actively exploring new business models and application scenarios for our oracle services that can bring additional value to our users and the broader blockchain ecosystem. 6 | 7 | This strategic realignment allows us to leverage our expertise and experience in oracles, ensuring that NEST Protocol continues to be synonymous with trustworthiness and reliability in the decentralized world. 8 | 9 | As always, we value the support and input of our community. Your feedback is crucial as we navigate this path and strive to achieve our shared vision. Stay connected with us for upcoming updates and developments. Together, we will shape the future of decentralized oracles and empower the blockchain space with innovative solutions. 10 | 11 | Thank you for being a part of the NEST community. 12 | 13 | Warm regards, 14 | 15 | NEST DAO 16 | -------------------------------------------------------------------------------- /27_UpgradePriceContract.md: -------------------------------------------------------------------------------- 1 | # NEST 预言机价格合约升级预告 2 | 3 | 现阶段，为了更好的降低 NEST 系统 gas 费损耗，支持和鼓励下游 DeFi 生态发展，NEST 预言机价格合约将进行一次升级，升级内容主要包括以下2点： 4 | 5 | 1. 将去除每一笔调用费中分配给矿工 20% 调用费的机制（下游DeFi成长期）； 6 | 7 | 2. NEST-Price 数据所有调用费用统一固定为 0.01 ETH，不分token和所调用的价格数量； 8 | 9 | 升级时间：2020.09.28 12:00 10 | 11 | 此次升级，不会对矿工群体带来任何影响，正常进行各预言机轨道报价即可。 12 | 13 | NestCore 14 | 15 | 2020.09.26 16 | 17 | 18 | ----- 19 | 20 | 21 | # NEST oracle machine price contract upgrade notice 22 | 23 | At this stage, in order to better reduce the gas fee reduction of the NEST system and support and encourage the development of the downstream DeFi ecosystem, the price contract of the NEST oracle machine will be upgraded once. The upgrade content mainly includes the following 2 points: 24 | 25 | 1. The mechanism that cancels 20% of each call fee allocated to miners is called fee (downstream DeFi growth period); 26 | 27 | 2. All call fees of NEST-Price data are uniformly fixed at 0.01 ETH, regardless of the number of tokens and the price called; 28 | 29 | Upgrade time: 2020.09.28 12:00 30 | 31 | This upgrade will not have any impact on the miner group, and the oracle track quotation can be performed normally. 32 | 33 | NestCore 34 | 35 | 2020.09.26 36 | -------------------------------------------------------------------------------- /55_NEST_DAO_specifies_the_division_of_four_functional_blocks.md: -------------------------------------------------------------------------------- 1 | [Announcement] NEST DAO specifies the division of four functional blocks 2 | 3 | To cooperate with NEST's strategic transformation, NEST DAO will rely on the following blocks in a decentralized management method to jointly build NEST into a leading project for the next generation. 4 | 5 | NEST Research Academy (NRA), responsible for the interdisciplinary research of blockchain, economics, and finance, provides theoretical support for the NEST protocol and is committed to combining theory and practice in the relevant interdisciplinary research. 6 | 7 | NEST Influence Block (NIB), responsible for NEST brand promotion, is committed to advancing NEST's influence in different fields. 8 | 9 | NEST Developer Alliance (NDA), a platform for all developers to learn from each other and make progress together, provides technical support for the NEST protocol and is also committed to the research of blockchain technology development 10 | 11 | NEST community, responsible for the maintenance, service, and expansion of the NEST community, is committed to building the NEST community into one of the top communities (community size, member activity & participation, etc.) 12 | 13 | 14 | NEST DAO 15 | July 11, 2022 16 | -------------------------------------------------------------------------------- /87_NESTFi_Upgrades.md: -------------------------------------------------------------------------------- 1 | ## NESTFi Upgrades on 28 July 2 | NESTFi will launch a new trading mode to meet user demands, greatly enhancing the trading experience. The detailed adjustments are as follows: 3 | 4 | #### NESTFi Upgrades 5 | 6 | |Before|After| 7 | |---|---| 8 | |Connect the wallet, sign approval and then start trading. This process includes the gas fee.|Connect the wallet, sign the website and start trading. No longer pay the gas fee for each transaction. | 9 | |A fee of 15 NEST will be charged for the execution of Limit Orders and Take Profit/Stop Loss Orders.|Free of charge for the execution of Limit Orders and Take Profit/Stop Loss Orders.| 10 | |Trading needs to be completed using a wallet, and each transaction will incur a gas fee.|Trading must be completed with a deposit account, and there is no gas fee for each transaction.| 11 | |No deposit|Deposit supports NEST, USDT, BNB;Single maximum deposits amount:;NEST: 1000,000 NEST;USDT: 10,000 USDT;BNB: 30BNB| 12 | |No withdrawal|Withdrawal supports NEST.There is no limit to a single withdrawal, and a withdrawal fee of 15NEST is charged each time.| 13 | 14 | The above adjustments will be completed before 9:00 UTC on July 28, 2023. 15 | 16 |NEST DAO
17 |27 July, 2023
18 | -------------------------------------------------------------------------------- /57_Exchange_rate.md: -------------------------------------------------------------------------------- 1 | [Announcement] Exchange rate for the merger of the NEST protocol and FORT protocol 2 | 3 | After a vote from July 8th to July 14th, 2022, the NEST community approved the NEST and FORT merger plan. According to the voting proposal, besides the investors of FORT in the early stage, the consideration for the merger of NEST and FORT is the ratio of the 7-day average USDT prices of the two tokens. 4 | 5 | This announcement explains the specific calculation method of the 7-day average price as follows: 6 | 7 | 1) Calculate the daily average price* for each day from July 8th to July 14th, 2022 8 | 2) Calculate the arithmetic average of the daily average prices obtained in 1) as the 7-day average price 9 | 10 | *Note: the daily average price is the arithmetic average of all prices for the day. Specifically, all prices for the day for DCU include the prices corresponding to all transactions that occur in the FORT official DCU swap of the day. All prices for the day for NEST are all quotation prices for the day from the NEST oracle on BNB chain. 11 | 12 | 13 | Based on the above method and data from July 8th to July 14th, 2022, the 7-day average prices for DCU and NEST are equal to 0.253139024 USDT and 0.032586735 USDT, respectively. Thus the exchange rate for the merger of the NEST protocol and FORT protocol is 1 DCU = 7.768161615 NEST 14 | 15 | 16 | 17 | 18 | NEST DAO 19 | July 15th, 2022 20 | -------------------------------------------------------------------------------- /32_NEST3.5Notice.md: -------------------------------------------------------------------------------- 1 | ## Contract Address 2 | 3 | Contracts | Address 4 | ---|--- 5 | NestPool | 0xCA208DCfbEF22941D176858A640190C2222C8c8F 6 | MiningV1Calc | 0x0C798f314896ecC99F30D4D8ea64C300E25e73AC 7 | MiningV1Op | 0xb52a56FFe79821AF9Db0F6C1e30B4490e64B6F02 8 | NestMining | 0x243f207F9358cf67243aDe4A8fF3C5235aa7b8f6 9 | NestStaking | 0xaA7A74a46EFE0C58FBfDf5c43Da30216a8aa84eC 10 | NNRewardPool | 0xf1A7201749fA81463799383D7D0565B6bfECE757 11 | NTokenController | 0x5F26AaE41dcCd5061BBAE645B4acf34ba8332A14 12 | NestQuery | 0x3bf046c114385357838D9cAE9509C6fBBfE306d2 13 | NestDAO | 0x105ee568DaB631b8ff84f328Bc48e95387dfFB4f 14 | NestUpgrade | 0x796F525ff1C4f88dE4471d718c730343C83E398c 15 | 16 | 17 | ## Staking 18 | All ETH accrued in Saving fund and System Income contract will be transferred to DAP contract for repurchases. 19 | The calculation of reward will start again after the 3.5 releases 20 | 21 | 22 | Users are advised to withdraw all NEST and other QP tokens from 3.0 contract and deposit into the 3.5 Contract for claiming System Income. 23 | 24 | 25 | 26 | ## NestNode 27 | NEST Node holders are strongly advised to withdraw all NEST token from 3.0 contract and otherwise, there will be lost of rewards (And we cannot do anything about it). 28 | The NEST mined in 3.5 can be claimed by transferring NN tokens to your account. 29 | 30 | 31 | > Notice: Please do not make any NN token transfer before claim all rewards in 3.0 contract. 32 | -------------------------------------------------------------------------------- /92_ Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST 2 | 3 | We have identified certain users attempting to purchase stolen NEST 1.0 tokens at a low price from hackers via Uniswap, subsequently depositing these tokens into Coinbase addresses in an attempt to launder them and exchange them through our official channels. We strictly prohibit all NEST community users from engaging in such activities, as they effectively assist hackers in money laundering. 4 | 5 | To protect the overall interests of the community and ensure the successful completion of the token swap, please take note of the following: 6 | 7 | 1. Any NEST token purchases associated with hacker addresses, whether conducted on-chain (Uniswap/1inch/Pancake, etc.) or directly from hackers, will result in the loss of your eligibility to exchange for NEST 2.0 tokens. 8 | 9 | 2. Starting from September 20th, any NEST 1.0 token withdrawals from Coinbase exchange addresses for token swap applications will require you to provide verifiable deposit and transfer records from Coinbase's official sources to prove that your NEST 1.0 token source is not connected to hackers. 10 | 11 | Coinbase exchange address 1 (additional addresses may be added in the future): 0xA9D1e08C7793af67e9d92fe308d5697FB81d3E43 12 | 13 | We will reject and destroy tokens from hacker addresses within the token swap contract. Please refrain from attempting to purchase NEST 1.0 tokens further. 14 | 15 | 16 | NESTDAO 17 | 18 | 2023.09.09 19 | -------------------------------------------------------------------------------- /51_NEST_4.3_upgrade_and_mining_reward_adjustment.md: -------------------------------------------------------------------------------- 1 | [Announcement] NEST 4.3 upgrade and mining reward adjustment 2 | 3 | 4 | The latest version NEST 4.3 allows one quotation channel to quote multiple assets at the same time, which significantly saves relevant GAS fees. It is planned to merge mainstream assets into one channel for quotation, and adjust the mining reward on the premise of almost no impact on the quotation density. The detailed adjustments are listed below: 5 | 6 | 1. Shutdown NEST 3.6 on the Ethereum main network and upgrade the NESTÐ pair to NEST 4.3. 7 | 2. Decrease the mining reward of NEST 4.3 to 24 per block, and NN to 4.5 per block. The accumulated mining reward is about 175885 NEST per day. 8 | 3. Decrease the mining reward of NEST 4.3 on BSC from 5 to 1 per block. The accumulated mining reward is about 28800 NEST per day. 9 | 4. Decrease the mining reward of NEST 4.3 on Polygon from 1 to 0.3 per block. The accumulated mining reward is about 11782 NEST per day. 10 | 5. Decrease the mining reward of NEST 4.3 on KCC to 0.1 per block. The accumulated mining reward is about 2880 NEST per day. 11 | 12 | After the adjustment, the total mining reward per day is 219347 NEST, while before, it was about 1432781 NEST. 13 | The adjustment on Ethereum will affect the calls of the Oracle. Please make some necessary adjustments by yourself. If you have any questions, please contact the NEST Team (hello@nestprotocol.org). 14 | 15 | Adjustment time : 2022-05-08 16 | 17 | NEST Team 18 | 19 | 2022-04-30 -------------------------------------------------------------------------------- /95_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community Members, 2 | 3 | We hereby solemnly announce that NESTFi will officially cease operations on January 31st. All positions still held will be liquidated at the market price as of 24:00 on January 31st. This marks a new stage in our project's development where we will dedicate our efforts to return to our original vision, focusing on the expansion and application of oracle services and the development of NESTCraft. 4 | 5 | NEST has always been committed to becoming a leading provider of blockchain oracle services. We believe that concentrating on our core strengths will lead us to greater success. In the expansion of our oracle services, we have already made encouraging progress and will continue to explore and innovate on this path. 6 | 7 | This strategic realignment will enable us to better leverage our expertise and experience in the field of oracles, ensuring that NEST Protocol continues to be synonymous with trust and reliability in the decentralized world. 8 | 9 | We highly value the support and opinions of our community members. Your feedback is crucial to our development path. We will take every suggestion seriously as we pursue our common vision. Please stay connected with us for upcoming updates and developments. Together, we will forge the future of decentralized oracles and bring innovative solutions to the blockchain space. 10 | 11 | Thank you for being a part of the NEST community; let's continue on this journey together. 12 | 13 | Sincerely, 14 | 15 | The NEST Protocol Team 16 | -------------------------------------------------------------------------------- /25_IncreaseTheSizeOfTheOffer.md: -------------------------------------------------------------------------------- 1 | # Increase the scale of NEST oracle quotation assets 2 | 3 | Upgrade time: 12:00, September 18, 2020 4 | 5 | ## Modify content 6 | 7 | ### Adjustment to ETH/USDT quote track: 8 | 9 | 1. The minimum quotation ETH asset scale was changed from 10ETH to 30ETH 10 | 11 | 2. The scale of the quoted asset scale was changed from 10ETH to 30ETH 12 | 13 | 3. The minimum asset size for order taking is changed from 10ETH to 30ETH 14 | 15 | 4. Quotation deviation penalty changed from 100ETH to 300ETH 16 | 17 | 5. Cancel the one-thousandth fee for taking orders, from one-thousandth to zero 18 | 19 | ### Adjustment of nToken quotation track: 20 | 21 | 1. The size of the quotation is still 10 ETH to start, prepare for a period of buffer period for community miners, and then it will be adjusted to 30 ETH 22 | 23 | 2. Cancel the one-thousandth fee for taking orders, from one-thousandth to zero 24 | 25 | > Quotation miners prepare in advance 26 | 27 | 28 | NestCore team 29 | 30 | 2020.09.17 31 | 32 | 33 | ---- 34 | 35 | 36 | # 提升NEST预言机报价资产规模 37 | 38 | 升级时间：2020年09月18日 12:00 39 | 40 | ## 修改内容 41 | 42 | ### 对 ETH/USDT 报价轨道的调整： 43 | 44 | 1. 最低报价ETH资产规模由10ETH改为30ETH 45 | 46 | 2. 报价资产规模跨度由10ETH改为30ETH 47 | 48 | 3. 最低吃单资产规模由10ETH改为30ETH 49 | 50 | 4. 报价偏离惩罚由100ETH改为300ETH 51 | 52 | 5. 取消千分之一的吃单手续费，由千分之一改为零 53 | 54 | ### 对 nToken 报价轨道的调整： 55 | 56 | 1. 报价规模仍旧是 10 ETH 起步，给社区矿工一段时间的缓冲期做准备，之后会调整到 30 ETH 57 | 58 | 2. 取消千分之一的吃单手续费，由千分之一改为零 59 | 60 | > 报价矿工提前做好准备 61 | 62 | 63 | NestCore 团队 64 | 65 | 2020.09.17 66 | -------------------------------------------------------------------------------- /84_NEST_FI_Upgrades.md: -------------------------------------------------------------------------------- 1 | ## NEST FI Upgrades on 08 June 2 | 3 | Dear NEST Community Members, 4 | 5 | After extensive discussions and deliberations, NESTDAO is thrilled to announce that the NESTFi contract will be deployed on the scroll Alpha Testnet on June 8, 2023, as part of our efforts to expand the NEST ecosystem and support the development of the scroll ecosystem. 6 | 7 | This significant decision opens up new opportunities and potential for our community. By introducing the NESTFi contract to the scroll Alpha Testnet, we will be able to further test and refine the functionality and performance of NESTFi. We strongly believe that this will provide our users with more choices and enhance the overall value of the NEST ecosystem. 8 | 9 | To ensure a smooth deployment of the NESTFi contract, we have made thorough preparations and are closely collaborating with the scroll team. We are working together to ensure the contract's seamless operation and are prepared to address any issues that may arise. 10 | 11 | We are confident that the deployment of NESTFi will bring new opportunities to the community and further drive the development of the NEST ecosystem. We will continue to monitor the progress of the scroll ecosystem and provide support and assistance to facilitate wider adoption and collaboration opportunities. 12 | 13 | We are incredibly excited about achieving this significant milestone and look forward to witnessing the successful operation of the NESTFi 14 | 15 |NEST DAO
16 |8 june, 2023
17 | -------------------------------------------------------------------------------- /24_ChangeParameters.md: -------------------------------------------------------------------------------- 1 | # Modify NEST oracle call price parameters 2 | 3 | Upgrade time: 12:00 September 09, 2020 4 | 5 | ## Modify call price charging parameters 6 | 7 | 1. Modify USDT and HBTC call price charging parameters; 8 | 2. Change the single call charge from 0.001ETH to 0.01ETH; 9 | 3. Change the upper limit of the batch call charge from 0.01ETH to 0.1ETH; 10 | 4. Change the lower limit of the batch call charge from 0.001ETH to 0.01ETH (equal to a single call charge); 11 | 5. Change the unit charge of a price for the batch call from 0.0001ETH to 0.001ETH; 12 | 13 | ## Modify the limit parameters of the activated oracle 14 | 15 | 1. Activating the oracle machine originally needed to destroy 10000NEST, and now it is modified to need to destroy 0 NEST; 16 | 17 | 2. It was originally required to wait 1 day to activate the oracle, but now it is modified to need to wait 0 days; 18 | 19 | > The activated oracle limit parameters will be restored in NESTV3.5, after the downstream DeFi call is stable 20 | 21 | For more NEST development trends, please follow the NEST Protocol GitHub announcement. 22 | 23 | NestCore team 24 | 25 | 2020.09.08 26 | 27 | 28 | --- 29 | 30 | 31 | # 修改NEST预言机调用价格参数 32 | 33 | 升级时间：2020年09月09日 12:00 34 | 35 | ## 修改调用价格收费参数 36 | 37 | 1. 修改USDT、HBTC调用价格收费参数； 38 | 2. 单次调用0.001ETH修改为0.01ETH； 39 | 3. 批量调用收费上限0.01ETH修改为0.1ETH； 40 | 4. 批量调用收费下限0.001ETH修改为0.01ETH（等于单次调用收费）； 41 | 5. 批量调用每个价格收费0.0001ETH修改为0.001ETH； 42 | 43 | ## 修改激活预言机限制参数 44 | 45 | 1. 激活预言机需要销毁10000NEST修改为需要销毁0NEST； 46 | 47 | 2. 激活预言机需要等待1天修改为需要等待0天； 48 | 49 | > 激活预言机限制参数将在NESTV3.5，下游DeFi调用稳定后恢复 50 | 51 | 更多 NEST 开发动态，可关注 NEST Protocol GitHub 公告信息。 52 | 53 | NestCore 团队 54 | 55 | 2020.09.08 56 | -------------------------------------------------------------------------------- /86_Important_announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community, 2 | 3 | In light of the impact of the PolyNetwork hack and to safeguard the interests of all NEST holders and users, we will be conducting a 1:1 airdrop of NEST 2.0 tokens to holders of NEST 1.0 tokens on the BNB chain. The airdrop will take place today at 18:00 UTC+8. As a result, the existing NEST 1.0 tokens on the BNB chain will be deprecated. 4 | 5 | However, we would like to remind you that you will be unable to receive NEST 2.0 tokens in the following cases: 6 | 1. If your NEST 1.0 token address is associated with the hacker's address. 7 | 2. If you have conducted any NEST token transactions on PancakeSwap or UIN platforms after July 7th. 8 | Please ensure that you take note of these conditions to ensure a smooth receipt of NEST 2.0 tokens. 9 | 10 | Once the token airdrop is completed, you can add NEST 2.0 tokens to your wallet using either of the following methods: 11 | 1. Manually add NEST 2.0 tokens to your wallet with the following details: 12 | - Token Address: 0xcd6926193308d3B371FdD6A6219067E550000000 13 | - Token Symbol: NEST 14 | - Token Decimal: 18 15 | 2. Quickly add NEST 2.0 tokens to your wallet by visiting nestfi.org. 16 | 17 | After utilizing NEST 2.0 tokens, you can freely access all the functionalities offered by NEST. However, please note that NEST 1.0 tokens will no longer have any functionality. If your NEST 1.0 tokens are still involved in any pending futures orders, they will be automatically converted to NEST 2.0 tokens upon order closure. 18 | 19 | We sincerely appreciate your support for the NEST protocol. Should you have any inquiries or require further assistance, please do not hesitate to contact us. 20 | 21 | Thank you! 22 | 23 | The NEST Team 24 | -------------------------------------------------------------------------------- /90_Important_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear members of the NEST community, 2 | 3 | Greetings to you all! In recent times, the NEST community has faced significant challenges due to the PolyNetwork hack incident. In order to safeguard the interests of all NEST holders, especially to prevent the negative impact of the theft of over 134M NEST ERC20 tokens by hackers, we have undertaken a token replacement initiative. 4 | 5 | Since the occurrence of the hack incident in July, the NESTDAO team has been actively engaging with various major exchanges, urging them to suspend the deposit of the old NEST tokens. This measure aims to prevent hackers from depositing stolen NEST tokens on exchanges for selling or money laundering purposes. However, despite our efforts, more than 10M old NEST tokens have still been deposited on the Coinbase exchange. Furthermore, this deposit activity continues, posing risks to achieving our token replacement goals. 6 | 7 | To ensure that the interests of NEST community members remain safeguarded, we have temporarily halted the token replacement requests associated with Coinbase addresses. We plan to process these requests collectively after September 5th of this year. During this time, we will conduct thorough verification of accounts and transactions to ensure that the tokens being withdrawn are not stolen by hackers. For all requests related to the replacement of tokens for these associated addresses, we kindly ask for your patience as we proceed. 8 | 9 | We deeply regret any inconvenience caused and genuinely appreciate your concerns. The NESTDAO team remains unwavering in its commitment to safeguarding the community's interests. Our actions are thoughtfully considered and we continue to strive for the security and welfare of the community. Your understanding and support mean the world to us. 10 | 11 | Thank you! 12 | 13 |NEST DAO
14 |August 25th, 2023
15 | -------------------------------------------------------------------------------- /52_NEST_4.4_upgrade_and_mining_reward_adjustment.md: -------------------------------------------------------------------------------- 1 | [Announcement] NEST 4.4 upgrade and mining reward adjustment 2 | 3 | 4 | The latest version NEST 4.3 allows one quotation channel to quote multiple assets at the same time, which significantly saves relevant GAS fees. It is planned to merge mainstream assets into one channel for quotation, and adjust the mining reward on the premise of almost no impact on the quotation density. The detailed adjustments are listed below: 5 | 6 | 1. Shutdown NEST 3.6 on the Ethereum main network and upgrade the NESTÐ pair to NEST 4.3. 7 | 2. Decrease the mining reward of NEST 4.3 to 24 per block, and NN to 4.5 per block. The accumulated mining reward is about 175885 NEST per day. 8 | 3. Decrease the mining reward of NEST 4.3 on BSC from 5 to 1 per block. The accumulated mining reward is about 28800 NEST per day. 9 | 4. Decrease the mining reward of NEST 4.3 on Polygon from 1 to 0.3 per block. The accumulated mining reward is about 11782 NEST per day. 10 | 5. Decrease the mining reward of NEST 4.3 on KCC to 0.1 per block. The accumulated mining reward is about 2880 NEST per day. 11 | 12 | After the adjustment, the total mining reward per day is 219347 NEST, while before, it was about 1432781 NEST. 13 | The adjustment on Ethereum will affect the calls of the Oracle. Please make some necessary adjustments by yourself. If you have any questions, please contact the NEST Team (hello@nestprotocol.org). 14 | 15 | At the same time, this adjustment sets the fee to call the oracle on ETH, BSC, Polygon, and KCC to 0, which will affect the NN reward. We kindly remind all NN holders to claim/receive their rewards before May 8th, 2022. The unclaimed part will be calculated according to the adjusted algorithm after May 8th, 2022. 16 | 17 | The NEST version is uniformly defined as 4.4 after this adjustment. 18 | 19 | Adjustment time : 2022-05-08 20 | 21 | NEST Team 22 | 23 | 2022-04-30 -------------------------------------------------------------------------------- /7_NestCore_BonusAdjustment.md: -------------------------------------------------------------------------------- 1 | # Dividend adjustment 2 | ## Revenue leveling threshold Q: 3 | 4 | > Q = 100 * (1 + 3%) ^ n 5 | 6 | > N in the above algorithm: the number of NESTs that have been mined is n billion, and n is an integer. 7 | 8 | ## Leveling Algorithm 9 | 10 | > Define this week's dividend income as: E; 11 | 12 | > The cumulative total of ETH in the stabilization fund is: M; 13 | 14 | > If E ≥ Q: 15 | 16 | > The amount of ETH entered into the stabilization fund this week is: E * 10%; 17 | 18 | > If E * 90%NEST DAO
21 |August 12, 2023
22 | -------------------------------------------------------------------------------- /59_Complete_Successfully.md: -------------------------------------------------------------------------------- 1 | [Announcement]Complete successfully: the merger of the NEST protocol and FORT protocol 2 | 3 | The merger of the NEST protocol and FORT protocol was finished on July 22, 2022. After a 3-day test, the merger was successfully completed. The merged NEST5.0 retains the oracle module of NEST4.4 and adds Omnipotent Market Maker and Probability Virtual Machine modules from FORT, which makes NEST5.0 another paradigm revolution after Ethereum. 4 | 5 | Before the merger, as of GMT+8 18:00 on July 8, 2022, 6 | 7 | NEST DAO owns the following assets: 8 | - ETH: 539.07 9 | - NEST: 642822848.39 10 | - USDT: -672237.03 (accrued expenses for project operation) 11 | 12 | FORT DAO owns the following assets: 13 | - DCU: 6316247.70 14 | - NEST: 70791465.82 15 | - USDT: 273500.97 16 | - PRC: 900280 17 | 18 | 19 | After the merger, the assets of FORT DAO have been moved into NEST DAO. NEST DAO holds the following assets (GMT+8 18:00 July 25, 2022) 20 | 21 | - ETH: 98.44 (the reduced 440.632 ETH repays the accrued expenses for project operation of 672237.03USDT at 1525.627USDT/ETH) 22 | - NEST: 676369163.64 (reduced by 37245140.57NEST, of which 33878206.49NEST was exchanged for 30499243.9DCU, and 3366934.08NEST was for mining) 23 | - USDT: 232362.64 (reduced by 41138.33USDT, of which 37638.33USDT was exchanged for 1154330.68DCU in swap, and 3500USDT was used for community operation) 24 | - DCU: 36969822.28 (to be destroyed) 25 | - PRC: 900280 (to be destroyed) 26 | 27 | 28 | As a result of the merger, since today, the products of NEST and FORT are adjusted as follows. 29 | 1. The function of using DCU to trade (buy/settle) the options and futures on Ethereum, Polygon, and KCC has been stopped 30 | 2. On BNB, The function of using DCU to buy options and futures has been stopped, the function of using DCU or USDT to buy PRC has been stopped, and the DCU-USDT swap has been terminated. 31 | 3. The function of using NEST to trade (buy/settle) options, futures, and lottery has been deployed on Ethereum and BNB 32 | 4. DCU on Ethereum and BNB can be exchanged for NEST with 1DCU=7.768161615NEST 33 | 34 | 35 | NEST DAO 36 | July 26th, 2022 37 | -------------------------------------------------------------------------------- /40_NEST_Development_Plan.md: -------------------------------------------------------------------------------- 1 | # NEST Development Plan 2 | 3 | According to the last release of the NEST future plan ([NEST System Future Development](NESTFuturePlans.md)), it is currently between 3.6 and 4.0. We are re-releasing the overall NEST plan again because we have a new perspective on NEST, and because corrections regarding the dynamic parameters of NEST will be carried out in advance, therefore, we have made some adjustments to the long-term and the short-term plan, which are presented for community discussion: 4 | 5 | ## 1. NEST long-term planning 6 | 7 | ### NEST v4.0: solving the problem of random mining 8 | Interpretation: NEST mining is currently an auction model, the model itself is fair, but because of differences in miners' techniques, rises the technical threshold for effective mining. In order to allow more miners to participate, it is proposed to increase the randomness, thereby reducing the barriers to competition and improving the diversity of the miners' ecosystem. 9 | Current progress: Random algorithm is under development. 10 | 11 | ### NEST v5.0: Solve the validation incentive issues. 12 | Explanation: Validators with insufficient incentive or too concentrated, it will bring certain risks. So, it is necessary to increase the verification incentive and add more verifiers. 13 | Current progress: Under community development 14 | 15 | ### NEST v6.0: Solve the general oracle issues 16 | Interpretation: provide a more generalized oracle model, through the non-cooperative game, any information flow instead of just crypto asset price information flow, such as the price of various traditional assets (stocks, gold, etc.), everyday information (flights, weather, soccer, etc.), business-sensitive public information (indices, epidemics, etc.), etc. 17 | Current progress: NESTReserch is responsible. 18 | 19 | ## 2. NEST's recent plans 20 | 21 | 1. Dynamic parameter adjustment will be carried out in advance 22 | 23 | 2. NEST will introduce cross-chain deployment, cross-chain NEST assets and 1:1 anchoring on ETH, cross-chain contains BSC\HECO\OKchain, etc., also includes some sidechains of layer2. 24 | 25 | 3. After completing the cross-chain deployment and ensured stable operation, a vote will be conducted to remove multi-signature permission of NEST on ETH. 26 | 27 | NestCore 28 | 29 | 2021.06.22 -------------------------------------------------------------------------------- /85_NEST_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear Nest community members, 2 | 3 | We would like to inform you about an important incident regarding Ploy Network. Recently, Ploy Network experienced a hacker attack, resulting in the theft of NEST tokens on the Ethereum network and unauthorized token minting on the BSC network. This attack has caused significant distress and losses to us and the entire community. 4 | 5 | First and foremost, we would like to sincerely apologize to all affected community members. We highly value the interests and contributions of each member, and this attack has severely infringed upon your rights. We are committed to taking immediate action to resolve this issue and minimize the losses as much as possible. 6 | 7 | In response to this incident, we have implemented a series of emergency measures to protect the community's interests. Additionally, we are considering the replacement of the NEST token. Due to the fact that the liquidity provided on platforms such as Uniswap and Pancake Swap is from the hackers, we are unable to verify the authenticity and security of these transactions. Therefore, we have decided not to recognize any transactions on these platforms and will not facilitate the replacement of NEST tokens purchased through them. Furthermore, the addresses involved in transactions on these swap platforms will be blacklisted. 8 | 9 | We understand that this decision may cause inconvenience to some community members. However, we believe it is necessary to protect the interests and security of the majority of the community. We will closely monitor the situation and seek better solutions while ensuring the long-term stability and security of the community. 10 | 11 | At the same time, we urge all community members to remain calm and rational. Please refrain from blindly trusting any unofficial information to avoid further fraud and losses. We will promptly release further announcements and updates to ensure the community receives timely and accurate information. 12 | 13 | During this challenging time, we need unity and support among community members. Please continue to assist each other, share information, and provide any clues that may help resolve the issue. We firmly believe that through collective efforts, we can overcome this difficulty and rebuild a stronger and safer Nest community. 14 | 15 | Once again, we sincerely appreciate your understanding and support. 16 | 17 | The Nest Team 18 | 19 | Jul 09, 2023 20 | -------------------------------------------------------------------------------- /35_NEST3.6_Release_Announcement.md: -------------------------------------------------------------------------------- 1 | # NEST 3.6 will release on Ethereum mainnet 2 | 3 | Upgrade time: Apr-27-2021 09:00 AM +UTC 4 | 5 | Upgrade deployment for the NEST V3.6 is under preparation. 6 | 7 | 8 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 9 | 10 | > The mainnet contract address will be announced in a future announcement. 11 | 12 | # NEST Protocol v3.6 will continue the repurchase model of v3.5 on the basis of the following functionally： 13 | 14 | 1. Add a voting governance module which will remove system maintenance accounts by voting after v3.6 launches. Decentralize developer rights to the community and require 51% votes for any changes of the protocol. 15 | 16 | 2. Completely elimination of dividends with all income used for repurchase. 17 | 18 | 3. Quotation scale adjustment: NEST Token dual-track quotation scale 30 ETH unchanged, nToken quotation scale adjusted to 10 ETH. 19 | 20 | 4. Both quotation fees are adjusted from 0.33% of the scale to positive integer multiples of a fixed unit fee and up to 255 times. The unit fee of NEST is 0.1ETH and the unit fee of nToken is 0.05ETH. 21 | 22 | 5. The rate of NEST ming by launching enters the next damping period when 204 NEST will be mined in each block. 23 | 24 | 6. The upper limit of the block interval of nToken mining is adjusted to 300. 25 | 26 | 7. Charges for opening nToken oracle are adjusted to 1000 NEST. 27 | 28 | 8. The quantity of verification blocks is adjusted from 25 to 20. 29 | 30 | 9. NestNode Token independent mining separates from NEST miner mining and gets NEST Token by block with the 15% speed of all NEST Token mining. 31 | 32 | Non-functional adjustments: 33 | 34 | 1. Adjust the contract structure and redefine the contracts that are allowed to change and need to be fixed this time and in the future. 35 | 36 | 2. Split DAO into ledger and application (currently there is only one application: repurchase and in the future there may be more DAO applications) which is equivalent to reinventing a Snapshot governed functional contract within NEST Protocol that fully executes on-chain. 37 | 38 | 3. Adjust the contract data structure mainly to save Gas consumption and part of the calculation will have accuracy loss which is controlled within one part per trillion after the adjustment. 39 | 40 | After the official launch of NEST Protocol v 3.6, a series of financial products developed based on NEST Protocol will also be launched one after another during this period. By that time, oracle will serve as the core function of NEST Protocol and the whole protocol will be transformed into an on-chain non-cooperative game system. 41 | 42 | NestCore 43 | 44 | 2021.04.22 45 | -------------------------------------------------------------------------------- /30_NEST3.5DevelopmentAnnouncement.md: -------------------------------------------------------------------------------- 1 | ## NEST3.5 Development Announcement 2 | 3 | ### Current progress 4 | 5 | The development of the core code has been completed, and has been deployed on the test network. Everyone is welcome to participate in the test. 6 | 7 | Github: https://github.com/NEST-Protocol/NEST-Oracle-V3.5 8 | 9 | The audit will be carried out at the end of December, and the audit is expected to be completed in 2 weeks. 10 | 11 | ### Important updates 12 | #### Quote 13 | 14 | Update the NEST quotation mechanism. Quotation mining requires simultaneous quotation of two trading pairs and NEST staking. Any quotation will require two denominated assets to quote the price instead of using a single denominated asset. Currently, one with ETH and another with the Quotation Pool Token. 15 | 16 | 17 | Namely: ETH/USDT, ETH/NEST or ETH/HBTC, ETH/NHBTC... 18 | 19 | > Since other tokens have not released enough quotation vouchers (QP Token) after opening, two quotations cannot be made at the same time. The single quotation interface is still reserved. When the corresponding quotation certificate (QP Token) exceeds 1 million, the interface automatically becomes invalid. 20 | 21 | - Quotation needs to be mortgaged NEST, take orders need to mortgage 2 times NEST. 22 | - The maximum block cumulative reward for QP Token quotation mining is 300 blocks. 23 | 24 | #### Quotation certificate- QP Token 25 | ##### Open QP Token 26 | 27 | You can open quotation pairs freely, you need to pay a fee in NEST, and fee goes to DAO。 28 | 29 | Cancel auction, cancel 5% auctioneer allocation (the previous QP Token remains unchanged). 30 | 31 | ##### Quotation document allocation 32 | ###### NEST Token 33 | 34 | - Guardian Node: 15% 35 | - NEST DAO: 5% 36 | - Quotation Miner: 80% 37 | 38 | ###### QP Token 39 | 40 | - Quotation Miner: 100% 41 | 42 | #### Income 43 | 44 | You can deposit, withdraw, and receive income anytime. 45 | 46 | #### Fund allocation 47 | ##### Quotation fee 48 | ###### NEST Token 49 | - 20% goes to the NEST DAO 50 | - 80% goes to the revenue pool 51 | 52 | ###### QP Token 53 | 54 | - 20% goes to the QPToken_DAO 55 | - 20% goes to the NEST_DAO 56 | - 60% goes to the the QP Token revenue pool 57 | 58 | ##### Call fee 59 | 60 | All into their respective DAO. 61 | 62 | #### Output Data 63 | 64 | In addtion to the current price feed, providing the volatility rate, the average price and the real-time price 65 | 66 | #### DAO 67 | 68 | - Repurchase: Anyone can sell assets to DAO according to the NEST (QP Token) price of the NEST (QP Token) oracle machine. 69 | - Income: All the NEST (QP Token) of the DAO account are deposited into the income contract to receive the income. 70 | 71 | -------------------------------------------------------------------------------- /91_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community Members, 2 | 3 | As many of you may be aware, NEST trading on Coinbase has been suspended. Since the PolyNetwork hack in July this year, which resulted in the theft of over 134 million NEST ERC20 tokens, we have taken steps to protect the interests of our community. We have passed a resolution for the replacement of NEST tokens (announcement link: https://github.com/NEST-Protocol/NEST-Announcement/blob/master/89_NEST_Token_Contract_Replacement_Announcement.md). 4 | 5 | Several exchanges, such as Huobi, MEXC, Gate, and others, have already supported the token replacement solution. If your tokens are held on these exchanges, they will automatically upgrade to NEST 2.0 tokens. However, Coinbase is currently unable to support this replacement solution. Therefore, all users holding NEST 1.0 tokens on Coinbase will need to manually use the official NEST replacement contract for the upgrade (link: https://www.nestprotocol.org/nest-replacement). 6 | 7 | In the aftermath of the Ethereum hack, Vitalik Buterin steadfastly refused to compromise with hackers and significantly reduced the impact of their actions through a fork. Subsequently, the Ethereum community split into ETH and ETC, with the non-compromising ETH community becoming mainstream. The challenges faced by the NEST community today are strikingly similar to those encountered by Ethereum back then. Our community has also chosen not to compromise with hackers and will not facilitate the exchange of NEST 2.0 tokens for addresses associated with the hacker. 8 | 9 | Currently, all exchanges except Coinbase have completed the replacement of NEST 1.0 tokens. And Coinbase still retains the deposit functionality for NEST 1.0 tokens. This may lead to hackers depositing stolen NEST 1.0 tokens into Coinbase, potentially contaminating addresses held by Coinbase users. 10 | 11 | Therefore, regarding token replacement requests from Coinbase-related addresses: 12 | 13 | 1. If your NEST tokens originate from Coinbase addresses and are not associated with hacker addresses (no suspicious activity), we will review and process your token replacement request if submitted before September 20th. 14 | 2. For token exchange requests from Coinbase-related addresses submitted after September 20th, please send an email to hello@nestprotocol.org. Include your wallet address and provide evidence of your NEST token source, such as NEST token transaction or deposit records from Coinbase. 15 | 16 | While the hack has had an impact on the NEST token's price, the NEST community will not compromise with the hacker. We will continue to build our community, improve our products, and NEST will ultimately become one of the most critical infrastructures in the decentralized world. 17 | 18 | Thank you for your support, 19 | 20 | 21 | NEST DAO 22 | 23 | 2023.09.07 24 | -------------------------------------------------------------------------------- /6_NestCore_NEST2.0CoreParameters.md: -------------------------------------------------------------------------------- 1 | # Mining 2 | 3 | NEST2.0 mining system changed from using mining to quote mining, incentivizing price providers 4 | 5 | ### Block attenuation factor 6 | 7 | > Attenuation interval: 2400000 blocks (one year) 8 | 9 | > Attenuation: 10% 10 | 11 | ### Block output 12 | > The initial value of block mining volume is 400NEST / block, and it will decrease by 10% after every 2,400,000 blocks. After the launch of NEST2.0, the block output is 360NEST / block (1 billion has been mined) 13 | 14 | ### The number of mining this time 15 | 16 | > Total mining output of this block: (this block-last mining block) * block mining amount 17 | 18 | > Trading pair mining volume: this block contains multiple trading pair quotes, each trading pair splits the total mining volume of this block 19 | 20 | > Individual quoted ore output: The proportion of the individual quoted commission fee to the total transaction pair transaction fee fee ratio 21 | 22 | # Quote 23 | ### Currently supports trading pairs 24 | 1. USDT / ETH 25 | 2. HT / ETH 26 | 27 | ### Quote 28 | > Assets: Generate a quotation and transfer it into the corresponding asset (the asset is in the quotation), and charge 1% of the ETH amount in the asset as a handling fee and transfer it to the dividend pool. 29 | 30 | > Price takes effect: After the quotation is created, the price takes effect more than 25 blocks (5 minutes) 31 | 32 | > Price calculation: multiple quotes for the same transaction in the same block, calculated by weighted average 33 | 34 | ### Trade offer 35 | 36 | > Transaction: After the target quotation is created, before 25 blocks (including 25 blocks), the quotation can be selected to trade assets in any direction. At the same time, a quotation that is twice the transaction ETH is sent and transferred to the asset (a new quote). 37 | 38 | > Price calculation: There is no part that is traded in the quote, participate in the weighted average calculation of the current block price 39 | 40 | ### Take Asset 41 | 42 | > Retrieval: After the inspection report is in effect (more than 25 blocks), it can be retrieved and mined. 43 | 44 | --- 45 | 46 | # 挖矿 47 | 48 | NEST2.0挖矿体系由使用挖矿变为报价挖矿，激励价格提供者 49 | 50 | ### 区块出矿量衰减系数 51 | 52 | > 衰减间隔: 2400000区块(一年) 53 | 54 | > 衰减程度: 10% 55 | 56 | ### 区块出矿量 57 | > 区块出矿量初始值为400NEST/区块，每过2400000区块衰减10%。NEST2.0上线后，区块出矿量为360NEST/区块(已挖出10亿) 58 | 59 | ### 本次挖矿数量 60 | 61 | > 本次区块总出矿量: (本次区块 -上次挖矿区块) * 区块出矿量 62 | 63 | > 交易对出矿量:本次区块中包含多种交易对报价，各个交易对平分本次区块总出矿量 64 | 65 | > 个人报价出矿量: 个人报价手续费占交易对交易量手续费总和比例，占比交易对出矿量 66 | 67 | # 报价 68 | ### 目前支持交易对 69 | 1. USDT/ETH 70 | 2. HT/ETH 71 | 72 | ### 报价 73 | > 资产: 生成报价单并转入对应资产(资产在报价单中)，收取资产中ETH数量1%作为手续费转入分红池。 74 | 75 | > 价格生效: 报价单创建后，超过25区块(5分钟)，价格生效 76 | 77 | > 价格计算: 同一区块中, 同一交易对多笔报价，以加权平均方式计算 78 | 79 | ### 交易报价 80 | 81 | > 交易: 在目标报价单创建后，25区块前(包含25区块)，可选择该报价单任意方向资产交易。同时发出一个是交易ETH两倍的报价单并转入资产(一个新报价)。 82 | 83 | > 价格计算: 报价中没有被交易部分，参与当前区块价格的加权平均计算 84 | 85 | ### 取回报价资产 86 | 87 | > 取回: 报检单生效后(超过25区块)，可以取回，并挖矿。 88 | 89 | 90 | 91 | 92 | 93 | -------------------------------------------------------------------------------- /11_NestCore_NEST3_Beta1.0.md: -------------------------------------------------------------------------------- 1 | # The first version of NEST3.0 test network 2 | 3 | 4 | Contract | Mapping parameters | Address 5 | ---|---|--- 6 | nestToken Contract | nest | 0x6002345a217373F625C79B37e29BACe12E82E31f 7 | vote Contract | | 0xCde8200968008F20FC3cDEB65c5EF23eC80D143E 8 | mining Contract | nest.v3.miningSave | 0xa60057A43836b7df1258B024e37FfD96FFED901E 9 | offer Contract | nest.v3.offerMain | 0xF93992dB050181143B570c196c23F5C83A74fF01 10 | price Contract | nest.v3.offerPrice | 0xd8359F795bE6C26B987F3358038736126Cc82F1b 11 | NestNodeToken Contract | nestNode | 0xD4FECD91a516874A89AeB4d9419D40951f155E6d 12 | NestNode assignment Contract | nodeAssignment | 0xb38dbd8E06BA03dc871F10B8a96aF62D30511D7a 13 | NestNode data storage Contract | nodeAssignmentData | 0x20292C5A7e64c54FDEbAB935CB0F57f5b4229316 14 | NestNode nest Saved Contract | nestNodeSave | 0x23Ed9C693F912255f02BdAC76AfB0a12Bfb43C33 15 | Lock nest Contract | nest.v3.nestSave | 0xd6F06741AA98194d60ccd827925fb735B4Caa1eE 16 | eth abonus Contract | nest.v3.abonus | 0x9bf527a4070EF825902e113061698ca46CA44A73 17 | nToken abonus Contract | nest.v3.nTokenAbonus | 0x14AeA0f262fCcEc95bBb3D97958c2eA141FCF18E 18 | Leveling Contract | nest.v3.leveling | 0x93164ab0639D252D45EEC20Ffd4efe33B4F1F204 19 | Abonus Contract | nest.v3.nestAbonus | 0xA1641e4d184C1e4222B80e885569Fbec10fE44c3 20 | nTokenOffer Contract | nest.nToken.offerMain | 0x0D75aAD99990c4B45Ee0feC079b48711C7389864 21 | nTokenPrice Contract | nest.nToken.offerPrice | 0xc6E185761573986E97FB733eCe44776CC04eeB8D 22 | nTokenAuction Contract | nest.nToken.tokenAuction | 0x10FB8Fd912F876810661f2D8fC3d0Ba068567d6f 23 | nTokenMapping Contract | nest.nToken.tokenMapping | 0xCB120D3ed59643275Dbf4c633822606ab874aD52 24 | 25 | 26 | Static address | Mapping parameters | Address 27 | ---|---|--- 28 | Developer address | nest.v3.coder | 29 | 30 | 31 | Ropsten：https://ropsten.etherscan.io/ 32 | 33 | --- 34 | 35 | 36 | # NEST3.0测试网第一版 37 | 38 | 39 | 合约 | 映射参数 | 地址 40 | ---|---|--- 41 | nestToken合约 | nest | 0x6002345a217373F625C79B37e29BACe12E82E31f 42 | 投票合约 | | 0xCde8200968008F20FC3cDEB65c5EF23eC80D143E 43 | 挖矿合约 | nest.v3.miningSave | 0xa60057A43836b7df1258B024e37FfD96FFED901E 44 | 报价合约 | nest.v3.offerMain | 0xF93992dB050181143B570c196c23F5C83A74fF01 45 | 价格合约 | nest.v3.offerPrice | 0xd8359F795bE6C26B987F3358038736126Cc82F1b 46 | NestNodeToken合约 | nestNode | 0xD4FECD91a516874A89AeB4d9419D40951f155E6d 47 | NestNode分配合约 | nodeAssignment | 0xb38dbd8E06BA03dc871F10B8a96aF62D30511D7a 48 | NestNode数据存储合约 | nodeAssignmentData | 0x20292C5A7e64c54FDEbAB935CB0F57f5b4229316 49 | NestNodenest存储合约 | nestNodeSave | 0x23Ed9C693F912255f02BdAC76AfB0a12Bfb43C33 50 | nest锁仓合约 | nest.v3.nestSave | 0xd6F06741AA98194d60ccd827925fb735B4Caa1eE 51 | eth分红池合约 | nest.v3.abonus | 0x9bf527a4070EF825902e113061698ca46CA44A73 52 | nToken分红池合约 | nest.v3.nTokenAbonus | 0x14AeA0f262fCcEc95bBb3D97958c2eA141FCF18E 53 | 平准基金合约 | nest.v3.leveling | 0x93164ab0639D252D45EEC20Ffd4efe33B4F1F204 54 | 分红合约 | nest.v3.nestAbonus | 0xA1641e4d184C1e4222B80e885569Fbec10fE44c3 55 | nToken报价合约 | nest.nToken.offerMain | 0x0D75aAD99990c4B45Ee0feC079b48711C7389864 56 | nToken价格合约 | nest.nToken.offerPrice | 0xc6E185761573986E97FB733eCe44776CC04eeB8D 57 | nToken拍卖合约 | nest.nToken.tokenAuction | 0x10FB8Fd912F876810661f2D8fC3d0Ba068567d6f 58 | nToken映射合约 | nest.nToken.tokenMapping | 0xCB120D3ed59643275Dbf4c633822606ab874aD52 59 | 60 | 61 | 静态地址 | 映射参数 | 地址 62 | ---|---|--- 63 | 开发者地址 | nest.v3.coder | 64 | 65 | 测试网地址：https://ropsten.etherscan.io/ 66 | -------------------------------------------------------------------------------- /36_NEST3.6_Release_Report.md: -------------------------------------------------------------------------------- 1 | # NEST 3.6 released on Ethereum mainnet 2 | 3 | Upgrade time: Apr-27-2021 09:00 AM +UTC 4 | 5 | github: https://github.com/NEST-Protocol/NEST-Oracle-V3.6 6 | 7 | ## Contract Addresses 8 | 9 | ### 2021-04-27@mainnet 10 | | Name | Interfaces | mainnet | 11 | | ---- | ---- | ---- | 12 | | nest | IERC20 | 0x04abEdA201850aC0124161F037Efd70c74ddC74C | 13 | | nn | IERC20 | 0xC028E81e11F374f7c1A3bE6b8D2a815fa3E96E6e | 14 | | nestGovernance | INestGovernance | 0xA2eFe217eD1E56C743aeEe1257914104Cf523cf5 | 15 | | nestLedger | INestLedger | 0x34B931C7e5Dc45dDc9098A1f588A0EA0dA45025D | 16 | | nestMining | INestMining, INestQuery | 0x03dF236EaCfCEf4457Ff7d6B88E8f00823014bcd | 17 | | ntokenMining | INestMining, INestQuery | 0xC2058Dd4D55Ae1F3e1b0744Bdb69386c9fD902CA | 18 | | nestPriceFacade | INestPriceFacade, INestQuery | 0xB5D2890c061c321A5B6A4a4254bb1522425BAF0A | 19 | | nestRedeeming | INestRedeeming | 0xF48D58649dDb13E6e29e03059Ea518741169ceC8 | 20 | | nestVote | INestVote | 0xDa52f53a5bE4cb876DE79DcfF16F34B95e2D38e9 | 21 | | nnIncome | INNIncome | 0x95557DE67444B556FE6ff8D7939316DA0Aa340B2 | 22 | | nTokenController | INTokenController | 0xc4f1690eCe0145ed544f0aee0E2Fa886DFD66B62 | 23 | 24 | # NEST Protocol v3.6 will continue the repurchase model of v3.5 on the basis of the following functionally： 25 | 26 | 1. Add a voting governance module which will remove system maintenance accounts by voting after v3.6 launches. Decentralize developer rights to the community and require 51% votes for any changes of the protocol. 27 | 28 | 2. Completely elimination of dividends with all income used for repurchase. 29 | 30 | 3. Quotation scale adjustment: NEST Token dual-track quotation scale 30 ETH unchanged, nToken quotation scale adjusted to 10 ETH. 31 | 32 | 4. Both quotation fees are adjusted from 0.33% of the scale to positive integer multiples of a fixed unit fee and up to 255 times. The unit fee of NEST is 0.1ETH and the unit fee of nToken is 0.05ETH. 33 | 34 | 5. The rate of NEST ming by launching enters the next damping period when 204 NEST will be mined in each block. 35 | 36 | 6. The upper limit of the block interval of nToken mining is adjusted to 300. 37 | 38 | 7. Charges for opening nToken oracle are adjusted to 1000 NEST. 39 | 40 | 8. The quantity of verification blocks is adjusted from 25 to 20. 41 | 42 | 9. NestNode Token independent mining separates from NEST miner mining and gets NEST Token by block with the 15% speed of all NEST Token mining. 43 | 44 | Non-functional adjustments: 45 | 46 | 1. Adjust the contract structure and redefine the contracts that are allowed to change and need to be fixed this time and in the future. 47 | 48 | 2. Split DAO into ledger and application (currently there is only one application: repurchase and in the future there may be more DAO applications) which is equivalent to reinventing a Snapshot governed functional contract within NEST Protocol that fully executes on-chain. 49 | 50 | 3. Adjust the contract data structure mainly to save Gas consumption and part of the calculation will have accuracy loss which is controlled within one part per trillion after the adjustment. 51 | 52 | After the official launch of NEST Protocol v 3.6, a series of financial products developed based on NEST Protocol will also be launched one after another during this period. By that time, oracle will serve as the core function of NEST Protocol and the whole protocol will be transformed into an on-chain non-cooperative game system. 53 | 54 | NestCore 55 | 56 | 2021.04.27 57 | -------------------------------------------------------------------------------- /89_NEST_Token_Contract_Replacement_Announcement.md: -------------------------------------------------------------------------------- 1 | Dear NEST Community Members, 2 | 3 | We believe many of you are already aware that NEST has been utilizing the cross-chain bridge service provider, PolyNetwork. Unfortunately, in July of this year, PolyNetwork fell victim to a hacker attack (official statement: [https://twitter.com/PolyNetwork2/status/1675591279005106178](https://twitter.com/PolyNetwork2/status/1675591279005106178)), resulting in the theft of NEST assets from PolyNetwork. The losses incurred include 134,983,260 NEST ERC20 tokens and 9,850,068,599 NEST BEP20 tokens. Furthermore, the consistent sale of stolen NEST tokens by the hackers has led to a continuous decline in the value of NEST since July. 4 | 5 | In response to the hacker incident, NESTDAO has made the following attempts: 6 | 1. An attempt to negotiate with the hackers for the redemption of the stolen NEST tokens, which unfortunately did not reach an agreement. 7 | 2. An attempt to seek compensation from PolyNetwork, but as of now, no compensation plan has been put forth. 8 | 9 | Due to the substantial amount of NEST stolen on the BSC chain, and to safeguard the interests of NEST holders on that chain, NESTDAO has endorsed a proposal for the replacement of NEST BEP20 tokens. This replacement was executed on July 11th for NEST tokens on the BSC chain (official statement: [https://twitter.com/NEST_Protocol/status/1678766351295606785](https://twitter.com/NEST_Protocol/status/1678766351295606785)), and the replacement process went smoothly, nullifying the value of NEST BEP20 tokens held by the hackers and minimizing losses within the NEST community on the BSC chain. 10 | 11 | Regarding the handling of the stolen NEST ERC20 tokens, considering the rights of NEST users on various exchanges, NESTDAO engaged in extensive discussions and deliberations. Allowing the hackers to continue selling NEST ERC20 tokens would lead to a continuous decrease in NEST's value, thereby eroding the trust NEST team and community have built over the years. To protect the interests of the NEST community and all NEST holders, NESTDAO and the majority of community holders (comprising over 60% of total holdings) mutually agreed to replace the NEST ERC20 token contract. This replacement will enable a 1:1 conversion of the old NEST 1.0 ERC20 tokens into the new NEST 2.0 ERC20 tokens. 12 | 13 | The address for the new NEST 2.0 ERC20 tokens is as follows: 14 | 15 | - **Token Address: 0xcd6926193308d3B371FdD6A6219067E550000000** 16 | - **Token Symbol: NEST** 17 | - **Token Decimal: 18** 18 | 19 | For the process of token replacement, please refer to the user guide on the replacement page: **https://www.nestprotocol.org/nest-replacement** 20 | 21 | We kindly ask all community members to actively cooperate in the transition to NEST 2.0 ERC20 tokens. NEST tokens on various exchanges will also be synchronized for replacement. If your NEST tokens are stored on CEX, you are not required to perform any token replacement action. 22 | 23 | Please be reminded that you will not be able to exchange for NEST 2.0 ERC20 tokens under the following circumstances: 24 | 1. **If your NEST 1.0 ERC20 token address is associated with the hacker's address or you use the exchanges related to the hacker's address after August 17th(UTC+8).** 25 | 2. **If you have purchased NEST 1.0 ERC20 tokens on DEX platforms like Uniswap after August 17th(UTC+8).** 26 | 27 | Please ensure that you have not engaged in the above-mentioned activities to facilitate a smooth transition to NEST 2.0 ERC20 tokens. 28 | 29 | Since its establishment in 2018, NEST Protocol has been dedicated to exploring the decentralized boundaries and constructing a decentralized world. We are constantly iterating our products and building our community. As victims of the PolyNetwork hacker attack incident, we have strived to minimize the losses within the NEST community through our best efforts. As we continue constructing the decentralized trading network for NEST, we are confident in making NEST a leading application within the DeFi industry next year. We also hope that NEST community partners will join us in building and propagating NEST, growing alongside NEST. 30 | 31 |NEST DAO
32 |August 18, 2023
33 | -------------------------------------------------------------------------------- /8_NestCore_DeveloperPlan.md: -------------------------------------------------------------------------------- 1 | # NestCore 开发者：NEST Protocol 2020 Q1 工作计划 2 | 3 | ## 2020 年 1 月工作安排： 4 | 5 | 在 2019 年 12 月份， NEST 与合作伙伴安比实验室已经完成了 NEST 合约代码的初审工作。接下来，将根据初审的结果，对 NEST 代码进行修正和优化，并且将对预言机系统进行以下调整： 6 | 7 | 1、开放 NEST 报价交易对。任何 ERC20 Token / ETH 的交易对都可自由加入 NEST 预言机网络参与报价挖矿，手续费统一为报价 ETH 资产规模的 1%，该手续费收入全部进入 NEST 系统分红池； 8 | 9 | 2、开放 NEST 预言机价格数据。任何第三方开发者团队都可以调用 NEST 预言机在链上生成的 NEST-Price 数据，合约内每调用一次 NEST-Price 价格，需向 NEST 预言机网络支付一笔 ETH 费用； 10 | 11 | 3、NEST 预言机所带来的每一笔收入都会进行一次激励分配，其中 80% 直接进入 NEST 系统分红池，20% 奖励给被调用交易对价格数据所对应的报价矿工； 12 | 13 | 有关以上 3 点内容调整的主要原因是，可进一步使得 NEST 预言机网络更加具备开放性、安全性、稳定性和去中心化特点，在链上形成一个真正的逻辑闭环的去中心化 Layer2 协议。 14 | 15 | 在完成 NEST 代码修正和系统调整之后，将再次提交复审，并且在 1 月份完成复审工作。 16 | 17 | ## 2020 年 2 月工作安排： 18 | 19 | 在完成代码安全审计和形式化验证之后，将对 NEST 合约代码进行开源；与此同时，将同步对外发布 NEST 预言机开发者文档，供第三方开发者调用 NEST-Price 时参考。 20 | 21 | 至此，NEST 预言机实现了对外开放。 22 | 23 | 为了提高 NEST Protocol 的扩展性和去中心化程度，NEST Protocol 将会上线投票合约系统，NestCore 开发者移交开发者权限，将代码中核心参数的修改权限下放给所有 NEST 持有人，大家可通过投票系统发起对某些合约参数修改的相关投票。投票合约系统将在 2 月份完成上线工作。 24 | 25 | ## 2020 年 3 月工作安排： 26 | 27 | 投票合约的上线，意味着 NEST Protocol 进入了开源及去中心化阶段。作为 NEST 生态发展的一部分，NestCore 开发者小组将会继续工作，开发报价脚本、套利脚本等各种常用的报价工具和 NEST 相关的基础设施，推动 NEST 生态快速发展。预计将在 3 月份之内推出报价脚本和套利脚本，以及相关的说明文档，供报价矿工使用，提高报价效率，进一步增强 NEST 预言机网络的安全性和稳定性。 28 | 29 | 以上，是有关 NestCore 开发者小组的 2020 Q1 工作计划和安排。如有调整，将会另行公告，望各位周知。 30 | 31 | 2019/12/25 32 | 33 | NestCore 小组 34 | 35 | --- 36 | 37 | # NestCore : NEST Protocol 2020 Q1 Work Plan 38 | 39 | ## Organization of work in January 2020 40 | 41 | In December 2019, NEST and partner Abe Labs completed the preliminary review of NEST contract codes. Next, based on the results of the preliminary review, the NEST code will be revised and optimized, and the oracle system will be adjusted as follows: 42 | 43 | 1. Open NEST quote trading pairs. Any ERC20 Token / ETH trading pair can freely join the NEST oracle network to participate in quote mining, and the handling fee is uniformly 1% of the size of the quoted ETH asset. 44 | 45 | 2. Open the NEST oracle price data. Any third-party developer team can call the NEST-Price data generated by the NEST oracle on the chain. Each time the NEST-Price price is called in the contract, an ETH fee must be paid to the NEST oracle network; 46 | 47 | 3. Each income brought by the NEST oracle will be allocated an incentive distribution, 80% of which will go directly to the NEST system dividend pool, and 20% will be awarded to the quoted miners corresponding to the price data of the called transaction pair; 48 | 49 | The main reason for the above three content adjustments is that it can further make the NEST oracle network more open, secure, stable, and decentralized, and form a truly logical closed-loop decentralized Layer2 protocol on the chain. 50 | 51 | After completing the NEST code correction and system adjustments, a review will be submitted again, and the review will be completed in January. 52 | 53 | ## Organization of work in February 2020 54 | 55 | After completing the code security audit and formal verification, the NEST contract code will be open sourced; at the same time, the NEST oracle developer documentation will be released simultaneously for reference by third-party developers when calling NEST-Price. 56 | 57 | So far, the NEST oracle has been opened to the outside world. 58 | 59 | In order to improve the scalability and decentralization of the NEST Protocol, the NEST Protocol will launch a voting contract system. NestCore developers hand over developer permissions and delegate the modification permissions of core parameters in the code to all Nest holders. You can vote by voting. The system initiates related votes on the modification of certain contract parameters. The voting contract system will be completed in February. 60 | 61 | ## Organization of work in March 2020 62 | 63 | The launch of the voting contract means that the NEST Protocol has entered the open source and decentralized stages. As part of the NEST ecological development, the NestCore developer team will continue to work to develop various commonly used quotation tools such as quote scripts, arbitrage scripts, and NEST-related infrastructure to promote the rapid development of the NEST ecosystem. It is expected that quotation scripts and arbitrage scripts, as well as related documentation, will be launched within March for quotation miners to improve quotation efficiency and further enhance the security and stability of the NEST oracle network. 64 | 65 | The above is the 2020 Q1 work plan and arrangement for the NestCore developer group. Any adjustments will be announced separately, I hope everyone knows. 66 | 67 | 2019/12/25 68 | 69 | NestCore team 70 | -------------------------------------------------------------------------------- /4_NestCore_AboutNEST2.0ProtocolUpgrade.md: -------------------------------------------------------------------------------- 1 | NEST Protocol 2.0 version development plan 2 | 3 | As of now, the NEST Protocol 1.0 version has been online for 10 months, and in September of this year, the open source work of the core contract code. In the past 10 months, we have witnessed the development of the NEST project. At the same time, we also found some problems in this process, including mining algorithm level, contract structure level, and authority system level. and many more. As you can see, as a new protocol-level decentralization project, NEST is still in the research and development stage and is not so perfect. For the long-term sustainability of the NEST ecosystem, and in response to the issues already discovered on the NEST Protocol, and in conjunction with the NestCore team's in-depth understanding of the nature of the blockchain, we decided to develop the NEST Protocol version 2.0. In the NEST Protocol version 2.0, we will adjust and optimize the NEST system to make it more secure, scalable, open, and more decentralized. The specific adjustment content has the following four parts: 4 | 5 | Part 1: Adjustment of NEST mining algorithm 6 | 7 | When many people are using (mining), NEST mining efficiency will decrease; when NEST usage is reduced, NEST mining efficiency will increase; in other words: NEST mining difficulty will be dynamically adjusted, and There is no longer a fixed base mining cost value. 8 | 9 | Part 2: Adjustment of the NEST release mechanism 10 | 11 | For the long-term development of the NEST ecosystem, we need NEST to have a good first- and second-tier market. Therefore, we will make some adjustments in the NEST release mechanism: when each transaction is successful, NEST will not be released immediately, but will be released gradually within a certain period. Simple understanding: the number of NESTs we get will not decrease, but only delayed release. 12 | 13 | Part 3: Adjustment of the amount of dividends in the community 14 | 15 | In order to solve the problem of excessive fluctuation of NEST dividend yield, we will make some adjustments to the NEST dividend mechanism: each period will draw a certain proportion of income for saving, in case of a period of insufficient income to complete. In this way, NEST holders can ensure a relatively stable expected rate of return and better promote the stable and sustainable development of NEST. 16 | 17 | Part 4: New voting system 18 | 19 | In order to further decentralize NEST, the NEST Protocol 2.0 version will add a voting system. The changes to the core parameters will be changed by NEST voting, and each NEST holder has voting rights. 20 | 21 | The above is the core content of the NEST Protocol 2.0 to be adjusted. After completing the online work of the NEST Protocol version 2.0, the open source work of the protocol layer code will be carried out and the developer documentation will be released. At this point, the NEST protocol was officially opened to the public, and third-party developers were encouraged to develop their own DeFi products based on the NEST Protocol to build a NEST ecosystem and consensus! 22 | 23 | Development upgrade cycle: It is estimated that 1 month, the NEST Protocol 2.0 version will be completed before the end of November this year. 24 | 25 | In the process, I hope everyone can maintain a positive communication with NestCore. We are confident that we will complete the development work as planned to ensure that the NEST Protocol 2.0 version goes live. 26 | 27 | Email: hello@nestprotocol.org 28 | 29 | NestCore team 30 | 31 | 2019.10.23 32 | 33 | 34 | --- 35 | 36 | 37 | NEST Protocol 2.0 版本开发计划 38 | 39 | 截止到现在，NEST Protocol 1.0 版本已经上线运行了 10 个月之久，并且在今年的 9 月份进行了核心合约代码的开源工作。在这 10 个月里面，我们一起见证了 NEST 项目的发展历程；同时，在此过程中我们也发现了一些问题，这其中有挖矿算法层面的，有合约架构层面的，也有权限系统层面的等等。正如大家所看到的那样，作为一个全新的协议级去中心化项目，NEST 目前还处于研发阶段，并没有那么完美。为了 NEST 生态长远可持续发展，针对 NEST Protocol 上已经发现的问题，并且结合 NestCore 团队对区块链本质的不断深入理解，我们决定进行 NEST Protocol 2.0 版本的开发工作。在 NEST Protocol 2.0 版本中，我们将对 NEST 系统进行一次调整和优化，使其更加具有安全性、拓展性、开放性，同时更加的去中心化。具体调整内容有以下四个部分： 40 | 41 | Part 1：NEST 挖矿算法的调整 42 | 43 | 当有很多人在使用（挖矿）的时候，NEST 挖矿效率会下降；当 NEST 使用量下降的时候，NEST 挖矿效率会提升；换句话说：NEST 的挖矿难度会进行动态调整，而不再有一个固定的基础挖矿成本值。 44 | 45 | Part 2：NEST 释放机制的调整 46 | 47 | 为了 NEST 生态的长远发展，我们需要 NEST 有一个良好的一二级市场。所以，我们会在 NEST 释放机制上做一些调整：每一笔交易成功的时候，NEST 并不会全部立刻释放出来，而是在某个周期之内进行逐步释放。简单理解：我们获取的 NEST 数量不会减少，只是进行了延缓分批释放。 48 | 49 | Part 3：社区收益分红数量的调整 50 | 51 | 为了解决 NEST 分红收益率波动过大的问题，我们会对 NEST 分红机制做一些调整：每期提取一定比例收益进行储蓄，以备某个周期收益不足时进行补齐。这样，可以确保 NEST 持有者有一个相对稳定的预期收益率，更好地促进 NEST 稳定可持续发展。 52 | 53 | Part 4：新增投票系统 54 | 55 | 为了 NEST 更加的去中心化，NEST Protocol 2.0 版本将会新增投票系统，核心参数的更改将通过 NEST 投票的方式进行更改，每一位 NEST 持有者都具有投票权。 56 | 57 | 以上，是有关 NEST Protocol 2.0 要调整的核心内容。在完成 NEST Protocol 2.0 版本的上线工作之后，紧接着将进行协议层代码的开源工作，并且对外释放开发者文档。至此，NEST 协议就正式对外开放了，支持第三方开发者基于 NEST Protocol 开发自己的 DeFi 产品，共建 NEST 生态和共识！ 58 | 59 | 开发升级周期：预计 1 个月，将在今年 11 月底之前完成 NEST Protocol 2.0 版本的上线工作。 60 | 61 | 在此过程中，希望大家能够与 NestCore 保持积极的沟通交流。我们有信心按计划完成开发工作，确保 NEST Protocol 2.0 版本顺利上线。 62 | 63 | 邮箱：hello@nestprotocol.org 64 | 65 | NestCore 团队 66 | 67 | 2019.10.23 68 | -------------------------------------------------------------------------------- /NESTFuturePlans.md: -------------------------------------------------------------------------------- 1 | # NEST System Future Development 2 | 3 | As a decentralized price provider on the chain, NEST has been working hard to realize the dream of a new financial order on the chain. The Core team has never stopped thinking and developing NEST. Up to the current version, NEST is still evolving, rather than becoming perfect all at once, which reflects the complexity and difficulty of innovation in the blockchain industry. Judging from the existing development and downstream ecosystem, NEST is about to launch version 3.5 at present, and the CoFiX project is already using the NEST Oracle prices as a promising downstream project, but our thinking and efforts are far more than that. Here are some new ideas and plans to communicate with the community. 4 | 5 | In the next version of NEST, some adjustments are determined. For example, in order to reduce the quotation Gas merges the main currency quotation and the Ntoken quotation; increase the miner quotation to pledge NEST; lower the threshold for opening a new oracle; increase the volatility and average price indicators ( It will be more convenient for DeFi downstream usage), which will be certainly introduced in NEST3.5, but there are some important adjustments that require community participation and support. 6 | 7 | ### 1. Replace dividends with repurchase based on the market price. 8 | 9 | Rationale behind the change: 10 | 11 | 1. Compared with repurchase, the dividend model has a free-riding problem: a decentralized system is essentially a game system, and there may be different rounds of game participants, such as the first round of participants through mining The number of NEST obtained is X1, and the contribution of ETH is Y1. Under the repurchase model, X1 can be sold to the system and destroyed (for the time being regardless of long-term holders), because the repurchase amount and mining cost are equivalent , so the total value does not overflow outside the system, but different people get different buyback prices. After the repurchase is completed, the second round of participants will obtain X2 NEST through mining and contributed ETH Y2. If they are still not optimistic, they can sell to the system as in the first round, because the long-term holdings in the first round are not considered, so the amount of repurchase and the cost of mining are still equivalent, that is, Y2 corresponds to X2. But if it is a dividend model, regardless of whether the first round of players hold NEST distribution income, this means that Y2 needs to be allocated to X1+X2, which is not friendly to new players, which is equivalent to a part of the value sent to the previously abandoned participants. 12 | 13 | 2. Since NEST needs to be deposited in the smart contract to receive dividends, especially version 3.5 is changed to accumulate income based on time, which means that the application of NEST assets in the DeFi field will be affected by the loss of yield, such as mortgage lending will sacrifice NEST Dividend income, resulting in few people willing to use NEST to mortgage ETH, which is very detrimental to the parallel assets mentioned later and the expansion of the use of NEST (including Ntoken). 14 | 15 | 3. The dividend model has a certain effect on attracting non-community participants (not interested in NEST itself, but interested in dividend income), but it also has some negative effects, such as being easy to be misunderstood as securities, or currency holders chasing income more Rate illusion instead of the intrinsic value of the NEST system, etc., repurchase is equivalent to a decision-making requirement for currency holders: in the absence of dividend income, either choose to sell to the system, or hold for a long time based on intrinsic value. 16 | 17 | 4. The change in dividends to repurchase has changed greatly. The challenge is whether the NEST oracle quotation system is timely enough, whether the game of miners is effective, whether the secondary market and the repurchase system are consistent, etc. This requires the gradual strengthening and improvement of the entire system. But repurchase will increase the use of oracles, which is also the creation of the most basic demand: internal settlement demand. 18 | 19 | ### 2. An important application is made around the community requirements of the NEST system: Parallel Assets, which requires the NEST protocol to be compatible with parallel asset quotations. 20 | 21 | Rationale behind the change: 22 | 23 | 1) The core idea of Parallel Assets is to generate a "parallel world" of Ethereum based on the price data of NEST system assets and oracles: any asset has a 1:1 parallel asset with an inherent value for system quotation. For details, see the Parallel Asset white paper. Taking ETH/USDT quoted by miners as an example, miners need to hold these two assets. Once the quotation density is high, or if the order takes place, they need to hold more ETH and USDT, so they must bear the price risk of the two quotation assets. , But if you rely on NEST/nToken to generate two kinds of assets, you only need to pay a certain amount of "interest" without having to bear the overall risk of asset fluctuations. This has been the demand of miners. This demand makes use of both NEST itself and the NEST oracle. 24 | 25 | 2) Parallel Assets allow NEST to build an ecosystem that takes the NEST system as the starting point and gradually covers the NEST community, NEST related parties, and the DeFi world, and all of this is based on real requirements first, thereby continuously increasing the frequency of usage and value of NEST oracles. 26 | 27 | 3) Parallel Assets enable holding NEST/nToken asset to hold various assets on ETH (as long as there is a quote), thereby increasing the leverage ratio of the system (previously 1) and increasing the total value of the NEST ecosystem. 28 | 29 | 4) Parallel Assets put forward higher requirements for NEST quotation and product design, especially the NEST system compatible with parallel asset quotation is a process that needs to be gradually improved, requiring repeated thinking and support from the community. 30 | 31 | ### 3. The long-term vision of NEST system and future opportunities 32 | 33 | The above are the important improvements of the NEST system that require deep community participation and discussion. In addition, the NEST CORE team also proposed future positioning and overall development route for community discussion: 34 | 35 | 1. NEST is not only positioned as a price oracle, but a generator of native assets on the chain. The NEST system will generate more native assets on chain like NEST and Ntoken (the value capture is entirely on the chain, and the entire process is completely decentralized). Different from secured assets such as USDT, it enriches the types and quantities of assets on the chain, and prepares for true decentralized finance or applications. 36 | 37 | 2. In version 3.5, NEST will fully launch voting and other decentralized governance models to achieve comprehensive decentralization. All subsequent modifications will strictly implement the voting process. 38 | 39 | 3. The Core team will continue to propose two new versions for the NEST system: 40 | 41 | * NEST 4.0, which might realize the random choice of miners for quotations, thereby alleviating the current community’s concerns about the concentration of miners. 42 | 43 | * NEST 5.0, to solve the problem of insufficient incentives for verifiers, that is, to improve the mandatory and effective price verification. In these two versions, what also needs to be solved is the automatic adaptation of quotation fees, scale and Gas to ensure the stability and the continuity of high quotation density. The above three problems are still under development, and these ideas are not set in stones yet, but the NEST Core team will carry out continuous research and development around these problems. 44 | 45 | 4. The NEST Core team will propose more brand-new financial designs on the chain as a community participant. The information stream trading, game-theory asset management and equilibrium digital asset currently at the conceptual design level are completely different from traditional financial products and will bring new concepts and ideas to this ever-changing world. 46 | 47 | 5. The development lifecycle of each version of NEST could take about 1-2 years, through it could progress faster. 48 | 49 | ## Closing words 50 | 51 | Finally, NEST Core once again expresses our belief in the value of blockchain: we firmly believe that a set of completely decentralized native assets, combined with a new financial model, will create an unprecedented order on the chain, completely dominated by algorithms and non-cooperative games. This is a subversive change in the entire history of human value creation and organization structure. 52 | 53 | 54 | -------------------------------------------------------------------------------- /5_NestCore_NEST2.0.md: -------------------------------------------------------------------------------- 1 | # NEST Protocol 1.0 2 | > Before introducing NEST Protocol 2.0 , we need to understand what is NEST Protocol 1.0? 3 | 4 | 5 | > According to the previous definition, NEST is a DeFi ecological protocol developed based on Ethereum . The NEST Protocol 1.0 version mainly includes NEST Token contract, NEST mining pool contract and NEST dividend contract. It releases the NEST Token in the form of [use as-you-go mining] , thereby incentivizing users to participate in the use of NEST DeFi products; all ETH processing fees collected during the use of DeFi products by users will enter the system dividend pool for weekly community dividends , And it is a 100% dividend; the more users hold NEST, the more dividends they receive. 6 | 7 | 8 | > Since the launch of the NEST Protocol version 1.0 in December 2018 , DeFi products and services such as decentralized digital asset mortgage lending, auctions, and quizzes have been launched . Among them , the performance of decentralized digital asset mortgage lending products on NEST is particularly outstanding. It uses the "on- chain contract + excess mortgage + no compensation " mechanism to achieve the decentralization of digital asset mortgage lending. As of October 2019 , a total of 32109 orders have been transacted for this mortgage loan product , and the cumulative transaction amount: 663368 ETH + 52517900 TUSD , which has long occupied the top of the daily turnover of Ethereum ecological DeFi products! 9 | 10 | 11 | > NEST Protocol version 1.0 has been running on the chain safely and stably for nearly a year. Throughout the process, the NestCore development team is constantly optimizing and upgrading it; at the same time, NEST ecological users have also provided a lot of far-reaching feedback. After a year of precipitation and depth exploration technology, in order to better promote the NEST Protocol development, NestCore development team decided to NEST Protocol 2.0 version of the development and upgrading work, and in 2019 Nian 10 Foreign month announced the " NEST Protocol 2.0 development version plan". In NEST Protocol 2.0 version, NestCore team will NEST system time to adjust and optimize, make them more security, scalability, openness, and more to the center. 12 | 13 | 14 | > After a period of 4 development week, NEST Protocol 2.0 version is finally here! 15 | 16 | 17 | > This review focuses on the NEST Protocol 2.0 . It will describe the specific content of the entire 2.0 version and the profound meaning behind it. 18 | 19 | 20 | # NEST-Price of NEST Protocol 2.0 21 | 22 | 23 | > NEST-Price is 2.0 NEST Protocol in the most important part, representing NEST core system of values. 24 | 25 | 26 | ## So, what is NEST-Price ? 27 | 28 | 29 | > If it is more popular in the industry, NEST-Price is a decentralized oracle system based on the Ethereum network.If it is described in a more essential language, NEST-Price is a distributed quotation system that implements the synchronization of price facts on the chain in a decentralized manner . 30 | 31 | 32 | > NEST-Price defines and implements a new mechanism for generating on-chain facts on the blockchain network. Game theory uses its market, miner offer by way of the chain price at the fact that the market is generated in synchronization chain on , combined with NEST offer mining mechanism, miners excite, making it a logical loop distributed quotation system, Perfectly synchronize the off- chain price facts on the chain to form NEST-Price . 33 | 34 | 35 | > The NEST-Price quote system is mainly composed of 4 core parts: a quote generation module, a quote purchase module, a quote fund management module, and an on- chain price generation module. Next, let's take a look at the specific implementation of NEST-Price . 36 | 37 | 38 | ## Quotation system description 39 | 40 | 41 | > The NEST-Price quote system supports direct quotes for ERC20 Token / ETH trading pairs. At the initial stage of the system's launch, only the following two trading pairs are supported: 42 | 43 | 44 | > 1.USDT / ETH 45 | 46 | 47 | > 2.HT / ETH 48 | 49 | 50 | > Quotation miner: Anyone can participate in the quotation and perform NEST mining without threshold. 51 | 52 | 53 | ## How do miners quote? 54 | 55 | 56 | > When a miner makes a quote, he needs to transfer the specific amount of assets corresponding to the quote transaction pair. The minimum unit is 1 ETH. Assuming that the current market price of the USDT / ETH trading pair is 200 USDT = 1 ETH, then the quoted miner needs to transfer both the quoted asset of 200 USDT and 1 ETH to the quoted contract. After the transfer is successful, the quote contract will display the time of 25 blocks (about 5 minutes) in the quote market ; during this period, anyone can redeem according to the miner's quote data; for example, I can Transfer 200 USDT into the quote contract to exchange 1 ETH, and I can also transfer 1 ETH into the quote contract to exchange 200 USDT. This means that if the price of the miner deviates significantly from the real market price, it will provide an arbitrage opportunity for others, and anyone can participate in arbitrage; through this arbitrage penalty mechanism, the miner will be quoted at the market fair price , And then send real and effective price information to the quotation system. 57 | 58 | 59 | ## What prices will be adopted by the system? 60 | 61 | 62 | > If the quotation initiated by the miner is not fully eaten after block 25 , that is, the quotation assets in the quotation are still left, then this quotation data will be used by the quotation system. Conversely, if the arbitrageur completely eats the quotation, its quotation data will be automatically discarded, and it will not participate in the on- chain price formation . 63 | 64 | 65 | ## What to do if the quote system is maliciously eaten by an attacker ? 66 | 67 | 68 | > In any decentralized system, attack costs need to be considered, as is the NEST-Price quote system. To prevent an attacker who by malicious eating single cause of price information that depart from or delay occurs, NEST-Price uses to eat a single double quotation mechanism, which must be issued by eating a single sum of their offer while eating single , and Quote fund double. 69 | 70 | 71 | > If the order-taker is a normal order, then his quotation data at the time of the order should be rational and normal ; if the order-taker is a malicious attacker and he wants to achieve his purpose, then his quote data at the time of order should deviate from market data; this time, a larger arbitrage machine will appear on the attacker's malicious quotation will be arbitrageurs in the market quickly digested, this time on the market arbitrageurs will report a rational offer When the order comes out, the price data returns to normal, and the attack fails. If the attacker, rob their own list, then the cost of its future will be higher, the market arbitrage opportunities will be greater, the attacker's own single probability of success will eat less and less, eventually pay The huge loss was eaten by market arbitrageurs and the attack failed. In short, when attackers attack the NEST-Price system, they are playing against the entire market, which is difficult, unimaginable, and the results are self-evident. 72 | 73 | 74 | ## NEST-Price price generation mechanism 75 | 76 | 77 | > In the NEST-Price quotation system, the effective price data that is ultimately used exists in each block of Ethereum. We can generate a custom price P by algorithm according to different DeFi business needs. There are three common types of P, namely : timely price (latest price), average price (average price of n blocks), and weighted average price (custom weight). 78 | 79 | 80 | ## How does the developer call the price P generated by the NEST-Price quote system ? 81 | 82 | 83 | > In the early days, the price P will not open , NEST developers will take the lead in developing a several classic DeFi products , these products are quoted price P, such as decentralized digital asset-backed lending products, decentralized exchange, stable currency Wait. In the process of using these DeFi products for users, they will charge a small ETH processing fee to pay for the price P. This part of the fee income will go directly to the NEST system dividend pool for the weekly NEST Token holders. ETH dividends . 84 | 85 | 86 | > So how do third-party developers call the price P, please stay tuned for the NEST Protocol Developer Program. (No specific introduction here) 87 | 88 | 89 | # NEST DeFi of NEST Protocol 2.0 90 | 91 | 92 | > In chapter two, we have already learned about the NEST-Price system, as well as its operating principle and price generation mechanism. So what's the use of NEST-Price ? 93 | 94 | 95 | > The definition of blockchain in the field of economic science : "Blockchain is a machine of trust." The biggest core innovation of blockchain is to solve the trust problem in a decentralized manner, without the need to trust and rely on third-party institutions for value transfer. Among them, smart contracts play an important role. It is a set of contracts defined in digital form, helping contract participants to execute the agreement to complete tasks, saving time and tedious steps. 96 | 97 | 98 | > But in fact, the blockchain cannot actively obtain real-world data. And most of the decentralized products implemented through smart contract technology have a heavy dependence on real-world data, and the DeFi field is particularly urgent. For example, DeFi products and services such as decentralized digital asset mortgages, stablecoins , and insurance all need to introduce real-world price information to complete the logical closed loop of the product itself. However, in the process of invoking market price information, developers have to consider the authenticity, stability, degree of decentralization, and attack costs of value data. 99 | 100 | 101 | > In order to solve the problem of lack of decentralized price information, there are also some solutions in the industry: For example, MakerDAO feeds prices through 14 feed miners to form the so-called "decentralized price"; ChainLink provides price data through off-chain reputation nodes , Forming the so-called "decentralized price". No matter what the plan is, everyone has only one purpose, to provide a callable "decentralized price" for DeFi products. At this point, you should also understand that NEST-Price has done the same thing, generating decentralized price data in the way of miner quote mining, providing callable decentralized price information for NEST DeFi products . . 102 | 103 | 104 | > Since there are competing products, I have to explain the advantages of NEST-Price : 105 | 106 | 107 | > 1 , more of decentralization. NEST-Price synchronizes price information on the chain by means of "miner quote mining" . Everyone can become a quote miner, participate in quotes, and is very decentralized (distributed); 108 | 109 | 110 | > 2. The cost of attack is higher. In chapter two, we have described the mechanism of quotation and eating orders. If an attacker wants to deviate from the NEST-Price , the cost of the attack is extremely high ; the more the attack, the higher the cost, the attacker falls into the death spiral; 111 | 112 | 113 | > 3 , more real and effective. In the NEST quotation mechanism, every quotation made by the miner must pay real money and bear the high risk cost of evil, and the authenticity is self-evident; 114 | 115 | 116 | > 4. Higher stability. NEST-Price 's price data is strictly guaranteed by a set of scientific algorithms . Continuously provide stable and effective price information for DeFi products. There are several types of timely prices, daily average prices, and weighted average prices for DeFi developers to choose freely. 117 | 118 | 119 | > the above. We now understand the role of NEST-Price and its industry advantages. 120 | 121 | 122 | ## So, let's introduce NEST DeFi : 123 | 124 | 125 | > We already have the NEST-Price available , and now we make a definition: whenever a DeFi product or service that references NEST-Price price data , we collectively call it NEST DeFi . 126 | 127 | 128 | > NEST DeFi is a Wall Street based on the NEST-Price blockchain world. In the NEST DeFi layout, we can see various forms of decentralized mortgage lending products, constant currency, decentralized exchange ( DEX ), decentralized digital asset insurance, and decentralized digital asset "bank". DeFi products and services. As long as you hold digital assets, you can find the DeFi products and services you need in NEST DeFi to meet all your financial needs regarding digital assets. 129 | 130 | 131 | > As we all know, it is difficult for ordinary users to interact directly with the blockchain, because not everyone can type code. Therefore, the third-party development team developed a decentralized smart contract interaction tool based on the NEST Protocol -NEST DAPP . In this DAPP , you can easily use NEST DeFi to manage your digital assets. 132 | 133 | 134 | > Above, this is NEST DeFi , on Wall Street! 135 | 136 | 137 | # NEST Economics of NEST Protocol 2.0 138 | 139 | 140 | > This chapter mainly describes the economics in the NEST Protocol , including the NEST Token distribution mechanism, value model, and economic model. 141 | 142 | 143 | ## First, NEST Token Profile 144 | 145 | 146 | > NEST ( NEST Token ) is a token issued by the NEST Protocol based on the Ethereum ERC20 protocol , and is the sole equity token of the NEST ecosystem. 147 | 148 | 149 | > Total number of NEST Tokens : 10 billion, never issued again! 150 | 151 | 152 | > NEST Token release method: quote mining 153 | 154 | 155 | > NEST Token contract address: 0x04abeda201850ac0124161f037efd70c74ddc74c 156 | 157 | 158 | > NEST Token Block Browser: https://etherscan.io/token/0x04abeda201850ac0124161f037efd70c74ddc74c 159 | 160 | 161 | ## Second, the NEST Token distribution plan 162 | 163 | 164 | > The total number of NEST Tokens is 10 billion. The founding developers have no reservations, no pre- mining , and no pre-sale. 100% of them are released by miners through " quotation mining". 165 | 166 | 167 | > The distribution ratio of NEST Token is as follows: 168 | 169 | 170 | > Miners 80% , the developer 5% , guardian nodes 15% . 171 | 172 | 173 | ## Third, NEST Token release mechanism 174 | 175 | 176 | > The initial year ( 2.4 million blocks) release 10 Yi NEST , divided equally to each block about the release of 400 NEST , a year after the decay of 10% . 177 | 178 | 179 | > Initial value: Given that NEST has already mined nearly 1.1 billion, according to the above algorithm, this NEST Protocol 2.0 upgrade is in the first attenuation zone. Therefore, since the launch , the initial block is recorded as the 2788888 mining block. Each block has 360 NESTs . 180 | 181 | 182 | > Miners obtain NEST Tokens through quote mining. Each quote requires an ETH processing fee (1% of the ETH amount at the time of the quote ), and the system-charged fees are all entered into the dividend contract. This means that behind every NEST Token release, miners are paying real money, not free. 183 | 184 | 185 | > Calculation of NEST mining quantity per miner's quote: 186 | 187 | 188 | > First, we must first calculate the number of NEST mining rewards M contained in the block of the quoted transaction. If the height difference between the block and the previous block containing the quoted transaction is K, then: 189 | 190 | 191 | M = K * 360 192 | 193 | 194 | > Assuming that the block that contains the quote of trading on the types C types , of which a certain kind of transaction type of fee is the sum of E, with the same type of a sum offer to pay the fee is e, then the sum The quoted NEST mining quantity is N : 195 | 196 | 197 | N = (e / E) * ( M / C) 198 | 199 | 200 | ## Fourth , NEST Token dividend income 201 | 202 | 203 | > First introduce the source of NEST dividend income: 204 | 205 | 206 | > Source 1 : quote the fee paid by the miner during the mining process. Mining miners who participate in bidding quotes are required to pay ETH processing fees, and these processing fees will all enter the system dividend pool . 207 | 208 | 209 | > Source 2 : Value generated by NEST-Price . When a DeFi product calls NEST-Price , it is necessary to pay a certain percentage of ETH fees to the NEST Protocol , and the specific income is all entered into the system dividend pool . 210 | 211 | 212 | > User dividend plan: The NEST dividend contract calculates the corresponding amount of ETH dividends according to the proportion of each user holding the NEST Token . The higher the proportion of NEST holdings, the more the ETH dividend income will be, and the dividend will be paid once a week. 213 | 214 | 215 | > Income leveling mechanism: The system will withdraw 10% of ETH assets from the dividend income of each cycle and deposit them in the leveling contract, and the remaining 90% of ETH will be distributed . Stabilization of ETH contract will be saving to prepare for a week of ETH be filled insufficient income . The income leveling mechanism makes the dividend income of NEST investors relatively stable, thereby promoting the stable and sustainable development of NEST ecology . For the judgment criterion of whether to use the ETH funds of the leveling contract, please read the document "NEST income leveling mechanism description" . 216 | 217 | 218 | # NEST DAO of NEST Protocol 2.0 219 | 220 | 221 | > We all know that no system architecture is flawless from the beginning, even if it is Bitcoin. The NEST Protocol is the same. It also needs to be continuously optimized and upgraded to make it more secure, expandable, open, and more decentralized. In this process, we need an autonomous organization to promote the development of the NEST Protocol . Here we call this organization NEST DAO . 222 | 223 | 224 | > NEST DAO is essentially an on-chain governance system, which mainly consists of two major modules, namely the NEST voting system and the NEST guardian node NestNode . 225 | 226 | 227 | > I. Introduction to the NEST voting system 228 | 229 | 230 | > First of all: Any wallet address holding a NEST Token has an inherent voting right to participate in NEST voting. 231 | 232 | 233 | > The voting system itself is also a contract system. Each vote requires the voting initiator to deploy a voting contract. At the same time, the contract needs to open source code and explain the voting content. In order to encourage NEST holders to vote, vote the contract deployer can turn to vote in a certain number of contracts NEST , in order to motivate people to vote; if the vote goes through, this NEST will be destroyed; if the vote did not pass, the deployer NEST can be retrieved from the contract . 234 | 235 | 236 | > After reading the contract code and voting content, NEST Token holders can make their own judgments and decide whether to participate in voting (participation in voting is deemed to be supported, and non-participation is considered not to support). When the number of NESTs participating in the voting exceeds 51 % of the NEST circulation , it is deemed to have passed the voting. At this time, anyone can trigger the voting contract and execute the voting content in the contract. 237 | 238 | 239 | > Second, the introduction of the Guardian Node NestNode 240 | 241 | 242 | > Guardian nodes are what we usually call "super nodes". The Guardian Node NestNode is an important part of the NEST ecosystem. It provides various resources and funds for the development of the NEST Protocol , and is the core source of power for the early development of NEST . There will be rewards for paying. In the process of NEST development, NestNode also enjoys some of the benefits and influence brought by the NEST ecosystem, which are mainly reflected in the following two points: 243 | 244 | 245 | > 1 , NEST Token usufruct: in NEST Token release distribution mechanism, the miners accounted for 80% , developers accounted for 5% , guardian node accounted for 15% ; can be simply understood as: Quote miners in the mining process, NEST contract mining pool every release 100 Mei NEST Token , of which 15 Mei assigned to the guardian node NestNode . 246 | 247 | 248 | > 2 , NEST voting rights: NestNode holders have NEST system of voting rights, rights more important than NEST 'Importance higher weight ratio between the two will follow right proportion NEST liquidity adjusted . 249 | 250 | 251 | > In order to better reflect the NEST to the center of the features of the system, the node guardian NestNode been Token of. NestNode is also a Token issued based on the Ethereum ERC20 protocol , with a total of 1500 tokens . Tokenized guardian nodes can freely transfer and trade. 252 | 253 | 254 | > Whether it is who owns NestNode , he will actively promote NEST Protocol development, actively participate NEST ecological construction, because he himself also is NEST decentralized project core beneficiary . 255 | 256 | 257 | > The above is the introduction of NEST DAO . 258 | 259 | 260 | # NEST Community of NEST Protocol 2.0 261 | 262 | 263 | > The NEST community mainly introduces the current community composition of the NEST ecosystem and the specific situation of the fan community and partners around the NEST Protocol . 264 | 265 | 266 | ## 1 , NEST ecosystem group consisting of 267 | 268 | 269 | > NestCore developer group: develop and maintain the NEST Protocol ; 270 | 271 | 272 | > NEST DAPP developer team: develop and maintain NEST DAPP ; 273 | 274 | 275 | > DeFi product developer group: a developer team corresponding to various DeFi products; 276 | 277 | 278 | > NEST-Price quote miners: Miners participating in NEST-Price quotes; 279 | 280 | 281 | > NEST-Price arbitrage miners: professional arbitrage institutions and quantitative institutions; 282 | 283 | 284 | > NEST DeFi user group: DeFi users; 285 | 286 | 287 | > NEST Token investors: NEST Token holders, NEST consensus maintainers and promoters; 288 | 289 | 290 | > NestNode Guardian Node: NEST consensus maintainer and promoter; 291 | 292 | 293 | ## 2 , NEST enthusiast community building 294 | 295 | Fire letter autonomous community: 120,000 people 296 | Telegram exchange community: 50,000 people 297 | 298 | ## 3 , NEST Protocol partners 299 | 300 | 301 | > NEST DAPP Development Team : The NEST DAPP team is a professional development team from overseas that focuses on blockchain product development and interactive research and development. They developed the NEST DAPP smart contract front-end interaction tool based on the NEST Protocol . 302 | 303 | 304 | > Square Foundation Ethernet : Ethernet Square Foundation is a registered Swiss non-profit organization, designed to manage Ethernet currency sales in the financing of the fund, in order to better serve the Ethernet Technology Square and to the center of ecosystem services. The NEST Protocol is a decentralized protocol developed based on the Ethereum network.NestCore maintains close communication and cooperation with the Ethereum Foundation to jointly promote the development of the Ethereum ecosystem. 305 | 306 | 307 | > Know Chuangyu : Beijing knows that Chuangyu is the most influential security company in China, providing anti- DDoS attacks, anti-black and intrusion prevention, smart contract auditing, computing power security monitoring, public chain auditing, penetration testing, etc. for the blockchain industry. The security solution has been highly recognized by the Ministry of Public Security, Supreme Law, General Administration of Industry and Commerce, China Merchants Bank, CITIC Securities, Tencent, JD.com, Bitmain and other government departments and leading global technology companies. 308 | 309 | 310 | > An laboratories : Ann ratio (SECBIT) laboratory block chain industry in China the most representative block chain security company , focused on research contracts and trusted intelligent protocol security consensus. The contract security and formal verification of the NEST Protocol is provided by Abe Laboratories. 311 | 312 | 313 | > DVP vulnerability platform : DVP is a decentralized vulnerability platform. DVP implements responsible disclosure of vulnerabilities in an all-round and multi-dimensional manner through a self-organized organization of the security community. At the same time, it serves as a core link between white hats and manufacturers, and builds an efficient and transparent security information platform for users of blockchain vendors. N estCore and DVP cooperation jointly initiated NEST Protocol vulnerability reward program, as NEST escort development. 314 | 315 | 316 | > Hash think tank : Hash think tank is China's leading digital economy industry think tank type platform, which is jointly contributed by Huawen Media and Times Media. Committed to promoting the effective integration of "digital economy + real economy". Deeply cultivated in representative fields of digital economy such as artificial intelligence, big data, and blockchain. The marketing and media cooperation of the NEST Protocol are provided by the Think Tank. 317 | 318 | 319 | > HuobiClub : Based on Huobi Group's own brand resources and ecological advantages, Hu obi Club is committed to creating a professional offline blockchain industry communication and service platform, bringing together global site resources in the blockchain industry, and attracting high-quality teams for it. Carry out a full range of blockchain deep value-added services, integrate the local resources of the site to form a closed loop of the industrial chain, help partners grow, and help the industry develop. NEST Protocol and HuobiClub establish deep partnerships that promote NEST Protocol played a key role in the exchange of dialogue with the block chain industry. 320 | 321 | 322 | > NestFans : NestFans is a co-sponsored the formation of the early miners and enthusiasts by the NEST user autonomous community forum , designed to block the chain industry, users and practitioners offer a exchange learning NEST Protocol of channels, better promote the NEST ecological development and community Consensus building. 323 | 324 | 325 | # The Summary Of NEST Protocol 326 | 327 | 328 | > The NEST-Price in the NEST Protocol is a major innovation and breakthrough in the blockchain industry.It synchronizes the off-chain price facts on the chain in a highly decentralized manner , forming true and effective price data on the chain. . NEST-Price is settled application block chain technology provides the most important of infrastructure , promoting the development of the whole industry has played a huge role! 329 | 330 | 331 | ## Summary about de facto chains : 332 | 333 | 334 | > 1. In fact, the essence of the chain is not to " upload " fact information to the chain, but to form (generate) facts on the chain; 335 | 336 | 337 | > 2 , regardless of the fact that the center of uploading information, or go to the center of the way uploaded, means that the fact that the first produced under the chain on the chain. For a real oracle system , the off-chain facts should be synchronized on the chain; 338 | 339 | 340 | > 3.NEST-Price is unique in that it forms a price fact directly on the chain, while other oracle systems simply upload a price fact to the chain, which is an essential difference. 341 | 342 | 343 | > So, what is the NEST Protocol?NEST Protocol is a decentralized network of price fact prediction machines . 344 | 345 | --- 346 | 347 | # NEST Protocol 1.0 348 | 349 | ## 在介绍 NEST Protocol 2.0 之前，我们需要了解一下 NEST Protocol 1.0 是什么？ 350 | 351 | > 根据此前的定义，NEST 是一个基于以太坊开发的 DeFi 生态协议。NEST Protocol 1.0 版本主要包含 NEST Token 合约、NEST 矿池合约 和 NEST 分红合约。其采用【使用即挖矿】的方式释放 NEST Token，进而激励用户参与 NEST DeFi 产品的使用；在用户使用 DeFi 产品过程中收取的 ETH 手续费会全部进入系统分红池，用于每周的社区分红，而且是 100% 分红；用户持有 NEST 的占比越多，分红收益越多。 352 | 353 | > NEST Protocol 1.0 版本自 2018 年 12 月份上线以来，陆续上线了去中心化数字资产抵押借贷、拍卖、竞猜等 DeFi 产品和服务。其中 NEST 上的去中心化数字资产抵押借贷产品表现尤为突出，其采用“ 链上合约+超额抵押+无需补偿 ”的机制，实现了数字资产抵押借贷的去中心化。截止到 2019 年 10 月，该抵押借贷产品累计成交了 32109 单，累计成交金额：663368 ETH +52517900 TUSD，长期霸占以太坊生态 DeFi 类产品日成交额榜首！ 354 | 355 | > NEST Protocol 1.0 版本已经在链上安全、稳定运行了近一年之久。在整个过程中，NestCore 开发团队也在不断对其进行优化和升级；同时，NEST 生态用户也对其提出了很多具有深远价值的反馈。经过一年的技术沉淀与深度探索，为了更好的促进 NEST Protocol 的发展，NestCore 开发团队决定进行 NEST Protocol 2.0 版本的开发和升级工作，并在 2019 年 10 月份对外公布了《NEST Protocol 2.0 版本开发计划》。在 NEST Protocol 2.0 版本中，NestCore 团队将对 NEST 系统进行一次调整和优化，使其更加具有安全性、拓展性、开放性，同时更加的去中心化。 356 | 357 | > 经过为期 4 周的开发，NEST Protocol 2.0 版本终于要来了！本篇综述主要围绕 NEST Protocol 2.0 展开，将详细的描述整个 2.0 版本的具体内容及其背后所代表的深刻意义。 358 | 359 | 360 | # NEST Protocol 2.0 之 NEST-Price 361 | 362 | > NEST-Price 是 NEST Protocol 2.0 中最重要的部分，代表着 NEST 系统的核心价值。 363 | 364 | ## 那么，NEST-Price 是什么？ 365 | 366 | > 如果用行业内比较通俗的话来说，NEST-Price 是基于以太坊网络构建的一个去中心化的预言机系统。如果用比较本质的语言来描述，NEST-Price 是一个以去中心化的方式实现了价格事实同步上链的分布式报价系统。 367 | 368 | > NEST-Price 定义并实现了一种全新的在区块链网络上生成链上事实的机制。其采用市场博弈理论，通过矿工报价的方式将链下市场的价格事实同步产生于链上，并结合 NEST 报价挖矿机制，对矿工进行激励，使其成为一套逻辑闭环的分布式报价系统，完美的将链下价格事实同步在链上生成出来，形成 NEST-Price。 369 | 370 | > NEST-Price 报价系统主要由报价生成模块、报价单买入模块、报价资金管理模块、链上价格生成模块 4 个核心部分构成。接下来，我们来看一下，NEST-Price 的具体实现方式。 371 | 372 | ## 报价系统说明 373 | 374 | > NEST-Price 报价系统支持 ERC20 Token / ETH 交易对的直接报价，在系统上线初期，仅支持以下两个交易对： 375 | 376 | > 1.USDT / ETH 377 | > 2.HT / ETH 378 | 379 | > 报价矿工：任何人都可以参与报价，进行 NEST 挖矿，无门槛限制。 380 | 381 | ## 矿工如何报价？ 382 | 383 | > 矿工在进行报价时，需要转入报价交易对所对应的具体数额的资产，最小单位为 1 ETH。假设当前 USDT / ETH 交易对的市场价格是 200 USDT = 1 ETH，那么报价矿工需要往报价合约单中同时转入 200 USDT 和 1 ETH 的报价资产。转入成功之后，该报价合约单会在报价市场中显示 25 个区块的时间（大约 5 分钟）；在这一段时间内，任何人都可以按照该矿工的报价数据进行兑换；比如，我可以往报价合约中转入 200 USDT 兑换出 1 ETH，我也可以往报价合约中转入 1 ETH 兑换出 200 USDT。这就意味着，如果矿工的报价与市场真实价格偏离较大，那么就给他人提供了一个套利机会，任何人都可以参与套利；通过这种套利惩罚机制促使报价矿工都会按照市场公允价格进行报价，进而向报价系统输送真正有效的价格信息。 384 | 385 | ## 哪些价格会被系统采用？ 386 | 387 | > 如果矿工发起的报价单在 25 区块后没有被人完全吃单，即报价单内的报价资产仍有剩余，那么这一单报价数据将会被报价系统采用。反之，被套利者完全吃掉的报价单，其报价数据将自动舍去，不参与链上价格形成。 388 | 389 | ## 报价系统被攻击者恶意吃单怎么办？ 390 | 391 | > 任何一个去中心化的系统，都需要考虑攻击成本，NEST-Price 报价系统亦是如此。为了防止攻击者通过恶意吃单的方式致使价格信息发生偏离或延时，NEST-Price 采用了吃单双倍报价机制，即吃单者在吃单的同时必须要发出一笔自己的报价，且报价资金 double。 392 | 393 | > 如果吃单者是正常吃单，那么他在吃单时的报价数据应该是理性且正常的；如果吃单者是恶意攻击者，他要达到自己的目的，那么他在吃单时的报价数据应该是偏离市场数据的；此时，一个放大的套利机会就出现了，攻击者的恶意报价单会被市场上的套利者迅速消化掉，此时市场上的套利者会报出理性的报价单出来，进而价格数据回归正常，攻击失败。如果攻击者，自己抢吃自己的单子，那么其往后的成本将越来越高，市场套利机会也将越来越大，攻击者自己吃单成功的概率将越来越小，最终会付出巨大的损失被市场套利者吃掉，攻击失败。简而言之，攻击者在攻击 NEST-Price 系统的时候，就是其在与整个市场进行博弈，难度之大，不可想象，结果不言而喻。 394 | 395 | ## NEST-Price 价格生成机制 396 | 397 | > 在 NEST-Price 报价系统中，最终被采用的有效价格数据存在于以太坊各个区块中，我们可以按照不同的 DeFi 业务需求通过算法生成自定义价格 P。常见的 P 有三种，分别是：及时价格（最新价格），平均价格（n个区块的平均价格），加权平均价格（自定义权重）。 398 | 399 | ## 开发者如何调用 NEST-Price 报价系统生成的价格 P ？ 400 | 401 | > 在初期，价格 P 不会对外开放，NEST 开发者会率先开发出几款经典的 DeFi 产品，在这些产品中引用价格 P，比如去中心化数字资产抵押借贷产品、去中心化交易所、稳定币等。这些 DeFi 产品在面向用户使用的过程中，会收取少许的 ETH 手续费，用于对价格 P 的付费，这部分手续费收入会直接进入 NEST 系统分红池，用于 NEST Token 持有者每周的 ETH 分红。 402 | 403 | ## 那么，第三方开发者如何调用价格 P，请持续关注 NEST Protocol 开发者计划。（这里不做具体的介绍） 404 | 405 | 406 | # NEST Protocol 2.0 之 NEST DeFi 407 | 408 | > 在章节二中，我们已经了解了 NEST-Price 系统，以及其运行原理和 Price 生成机制。那么 NEST-Price 究竟有什么用呢？ 409 | 410 | > 经济科学领域对区块链的定义：「区块链是信任的机器」。 区块链最大的核心创新在于去中心化的解决信任问题，不需要再去信任和依靠第三方机构的情况下进行价值转移。其中，智能合约起到了重要的作用。它是一套数字形式定义的合约，帮助合约参与方执行完成任务的协议，节省了时间和繁琐的步骤。 411 | 412 | > 但事实上，区块链无法主动获取现实世界的数据。而且大多数通过智能合约技术实现的去中心化产品又存在着对现实世界数据的严重依赖，其中 DeFi 领域尤为迫切。比如去中心化数字资产抵押借贷、稳定币、保险等 DeFi 产品和服务，都需要引入真实世界的价格信息，来完成产品自身的逻辑闭环。但在调用市场价格信息的过程中，开发者又不得不去考虑价值数据的真实性、稳定性、去中心化程度、攻击成本等。 413 | 414 | > 为了解决去中心化价格信息缺失的问题，行业内也有了一些解决方案：比如 MakerDAO 通过 14 名喂价矿工进行喂价形成所谓的“去中心化价格”；ChainLink 通过链下信誉节点来提供价格数据，形成所谓的“去中心化价格”。无论方案怎么样，大家的目的都只有一个，为 DeFi 产品提供一个可调用的「去中心化价格」。到这里，你应该也明白了，NEST-Price 也做了同样的一件事，以矿工报价挖矿的方式生成了去中心化的价格数据，为 NEST DeFi 产品提供可调用的去中心化价格信息。 415 | 416 | > 既然有竞品，那就不得不去说明一下 NEST-Price 的优势： 417 | 418 | 1、更加的去中心化。NEST-Price 通过「矿工报价挖矿」的方式，同步在链上生成价格信息。人人都可以成为报价矿工，参与报价，非常的去中心化（分布式）; 419 | 420 | 2、攻击成本更高。在章节二中，我们已经描述了报价吃单的机制，攻击者要想使 NEST-Price 发生偏离，其攻击成本是极其高昂的； 越攻击，成本越高，攻击者陷入死亡螺旋； 421 | 422 | 3、更加的真实有效。NEST 报价机制中，报价矿工的每一次报价，都要付出真金白银，并且承担作恶的高风险成本，真实性不言而喻； 423 | 424 | 4、稳定性更高。NEST-Price 的价格数据采用有一套科学的算法严格保证。为 DeFi 产品持续不断的提供稳定有效的价格信息，主要有及时价格、日均价、加权均价等几种类型，供 DeFi 开发者们自由选择。 425 | 426 | 以上。我们现在已经明白了 NEST-Price 的作用以及行业优势。 427 | 428 | ## 那么，接下来我们来介绍一下 NEST DeFi： 429 | 430 | > 我们已经有了可用的 NEST-Price，现在我们做一个定义：但凡引用 NEST-Price 价格数据的 DeFi 产品或服务，我们统称之为 NEST DeFi。 431 | 432 | > NEST DeFi 就是一个基于 NEST-Price 的区块链世界的华尔街。在 NEST DeFi 版图中，我们可以看到去中心化的抵押借贷产品，恒定币，去中心化交易所（DEX），去中心化数字资产保险，去中心化数字资产“银行”等形式各样的 DeFi 产品和服务。只要你持有数字资产，都可以在 NEST DeFi 中找到你所需要的 DeFi 产品和服务，满足你所有的有关数字资产的金融需求。 433 | 434 | > 众所周知，普通用户很难与区块链直接进行交互，因为并不是所有人都能敲代码。所以，第三方开发团队基于 NEST Protocol 开发了一款去中心化的智能合约交互工具 -- NEST DAPP。在这款 DAPP 中，你可以轻松的使用 NEST DeFi，管理自己的数字资产。 435 | 436 | > 以上，这就是 NEST DeFi，链上华尔街！ 437 | 438 | 439 | # NEST Protocol 2.0 之 NEST Economics 440 | 441 | > 这一章主要讲述一下 NEST Protocol 中的经济学，主要包括 NEST Token 分发机制、价值模型、经济模型等。 442 | 443 | ## 一、NEST Token 简介 444 | 445 | NEST（NEST Token）是由 NEST Protocol 基于以太坊 ERC20 协议发行的 Token，是 NEST 生态系统的唯一权益通证。 446 | 447 | NEST Token 总量：100 亿枚，永不增发！ 448 | 449 | NEST Token 释放方式：报价挖矿 450 | 451 | NEST Token 合约地址：0x04abeda201850ac0124161f037efd70c74ddc74c 452 | 453 | NEST Token 区块浏览器：https://etherscan.io/token/0x04abeda201850ac0124161f037efd70c74ddc74c 454 | 455 | ## 二、NEST Token 分配方案 456 | 457 | NEST Token 总量 100 亿枚，创始开发者无预留、无预挖、无预售，100% 通过矿工「报价挖矿」的方式进行释放。 458 | 459 | NEST Token 分配比例如下： 460 | 461 | 矿工 80%，开发者 5%，守护者节点 15%。 462 | 463 | ## 三、NEST Token 释放机制 464 | 初始每年（2400000 区块）释放 10 亿 NEST，平分到每个区块约释放 400 NEST，以后每年衰减 10% 。 465 | 初始值：鉴于目前 NEST 已经挖出近 11 亿，根据上面的算法，本次 NEST Protocol 2.0 升级后，处于第一次衰减区间内，因此自上线开始，初始区块记为 2788888 号挖矿区块，每个区块出矿 360 枚 NEST。 466 | 矿工通过报价挖矿的方式获取 NEST Token，每次报价需要付出 ETH 手续费（报价时 ETH 数量的 1%），系统收取的手续费全部进入分红合约中。这就意味着每一枚 NEST Token 释放的背后都有矿工在付出真金白银，并不是免费获取。 467 | 矿工每一笔报价的 NEST 挖矿数量计算： 468 | 首先，要先计算出打包报价交易的区块中包含的 NEST 挖矿奖励数量 M，如果该区块距离上一个含有报价交易的区块的高度差是 K，那么： 469 | M = K * 360 470 | 假设该区块中所包含的报价交易对类型有 C 种，其中某一种交易对类型的手续费之和是 E，与之同类型的某一笔报价付出的手续费是 e，那么该笔报价的 NEST 挖矿数量为 N： 471 | N = （e / E）* (M / C) 472 | 473 | ## 四、NEST Token 分红收益 474 | 475 | 先介绍一下 NEST 分红收益来源： 476 | 477 | 来源1：报价矿工挖矿过程中付出的手续费。报价矿工参与报价矿工是要付出 ETH 手续费的，这些手续费会全部进入系统分红池。 478 | 479 | 来源2：NEST-Price 所产生的价值。当有 DeFi 产品调用 NEST-Price 时，需要向 NEST Protocol 支付一定比例的 ETH 费用，该比收入全部进入系统分红池。 480 | 481 | 用户分红方案：NEST 分红合约根据每位用户持有 NEST Token 的占比来计算与之对应的 ETH 分红数量，持有 NEST 占比越高，ETH 分红收益越多，每周分红一次。 482 | 483 | 收益平准机制：系统会从每一周期的分红收益中抽出 10% 的 ETH 资产存入平准合约中，余下的 90% ETH 进行分红。平准合约中的 ETH 会进行储蓄，以备某一周期 ETH 收益不足时进行补齐。收益平准机制使得 NEST 投资者分红收益相对稳定，进而促进 NEST 生态稳定可持续发展。有关是否使用平准合约的 ETH 资金的判断标准可阅读文档《NEST收益平准机制说明》。 484 | 485 | 486 | # NEST Protocol 2.0 之 NEST DAO 487 | 488 | > 我们都知道，没有一个系统架构从一开始就是完美无瑕的，哪怕他是比特币。NEST Protocol 也一样，也需要不断的优化、升级，使其更加具有安全性、拓展性、开放性以及更加的去中心化。在此过程中，我们需要一个自治组织去推动 NEST Protocol 的发展，在这里我们称该组织为 NEST DAO 。 489 | 490 | > NEST DAO 本质来说是一个链上治理系统，其主要有两大模块组成，分别是 NEST 投票系统和 NEST 守护者节点 NestNode。 491 | 492 | ## 一、NEST 投票系统介绍 493 | 494 | 首先说明：任何持有 NEST Token 的钱包地址都拥有与生俱来的投票权，参与 NEST 投票。 495 | 496 | 投票系统本身也是一个合约系统，每一次投票都需要投票发起者部署一张投票合约，同时该合约需要进行代码开源以及投票内容的解释说明。为了激励 NEST 持有人参与投票，投票合约部署者可以往投票合约中转入一定数量的 NEST，以此来激励大家投票；如果投票通过，这笔 NEST 会被销毁；如果投票没有通过，部署者可取回合约中的 NEST。 497 | 498 | NEST Token 持有人在阅读合约代码和投票内容之后，可自行做出判断，决定是否参与投票（参与投票视为支持，不参与视为不支持）。当参与投票的 NEST 数量超过 NEST 流通量 51% 以上，视为投票通过，此时任何人都可以触发该投票合约，执行合约中的投票内容。 499 | 500 | ## 二、守护者节点 NestNode 介绍 501 | 502 | 守护者节点即为我们通常所说的“超级节点”。守护者节点 NestNode 是 NEST 生态系统的重要组成部分，它为 NEST Protocol 的研发提供了所需的各种资源和资金，是早期推动 NEST 发展的核心源动力。有付出就会有回报，在 NEST 发展过程中，NestNode 也享受着 NEST 生态所带来的一些收益和影响力，主要体现为以下两点： 503 | 504 | 1、NEST Token 收益权：在 NEST Token 释放分配机制中，矿工占比 80%，开发者占比 5%，守护者节点占比 15%；可以简单理解为：报价矿工在挖矿过程中，NEST 矿池合约每释放 100 枚 NEST Token，其中有 15 枚分配给了守护者节点 NestNode。 505 | 506 | 2、NEST 投票权：NestNode 持有人拥有 NEST 系统的投票权，权重要比 NEST 权重要高一些，两者的权重比例会跟随 NEST 流通量的占比进行调节。 507 | 508 | 为了更好的体现 NEST 系统的去中心化特征，守护者节点 NestNode 已经 Token 化。NestNode 也是一种基于以太坊 ERC20 协议发行的 Token，总量恒定为 1500 个。Token 化的守护者节点可以自由的进行转让、交易。 509 | 510 | 无论是谁拥有 NestNode，他都会积极的推动 NEST Protocol 的发展，主动参与 NEST 生态建设，因为他本身也是 NEST 去中心化项目的核心受益者。 511 | 512 | 以上，是有关 NEST DAO 的介绍。 513 | 514 | 515 | # NEST Protocol 2.0 之 NEST Community 516 | 517 | 有关 NEST 社区主要介绍一下 NEST 生态系统当前的群体组成，以及围绕着 NEST Protocol 相关的爱好者社群和合作伙伴的具体情况。 518 | 519 | ## 1、NEST 生态系统群体组成 520 | 521 | NestCore 开发者小组：对 NEST Protocol 进行开发和维护； 522 | 523 | NEST DAPP 开发者团队：对 NEST DAPP 进行开发和维护； 524 | 525 | DeFi 产品开发者群体：各种 DeFi 产品所对应的开发者团队； 526 | 527 | NEST-Price 报价矿工：参与 NEST-Price 报价的矿工； 528 | 529 | NEST-Price 套利矿工：专业的套利机构和量化机构； 530 | 531 | NEST DeFi 用户群体：DeFi 用户； 532 | 533 | NEST Token 投资者：NEST Token 持有人，NEST 共识维护者和推动者； 534 | 535 | NestNode 守护者节点：NEST 共识积极维护者和推动者； 536 | 537 | ## 2、NEST 爱好者社群建设 538 | 539 | 火信自治社群：12万人 540 | 电报交流社群：5万人 541 | 542 | ## 3、NEST Protocol 合作伙伴 543 | 544 | > NEST DAPP 开发团队：NEST DAPP 团队是一个来自海外的专注于区块链产品开发与交互研发的专业开发团队。他们基于 NEST Protocol 开发了 NEST DAPP 智能合约前端交互工具。 545 | 546 | > 以太坊基金会：以太坊基金会是一个注册在瑞士的非营利性机构，旨在管理以太币销售中所筹措的基金，以更好地为以太坊和去中心化技术生态系统服务。NEST Protocol 是一个基于以太坊网络开发的去中心化协议，NestCore 与以太坊基金会保持密切沟通协作，共同推动以太坊生态发展建设。 547 | 548 | > 知道创宇：北京知道创宇是中国最具影响力的安全公司，为区块链行业提供抗DDoS攻击、防黑防入侵，智能合约审计，算力安全监控，公链审计、渗透测试等整体安全解决方案，得到了公安部、最高法、工商总局、招商银行、中信证券、腾讯、京东、比特大陆等众多政府部门和全球领先的科技企业的高度认可。 549 | 550 | > 安比实验室：安比(SECBIT)实验室是中国区块链行业最具代表性的区块链安全公司，专注于可信智能合约与安全共识协议研究。NEST Protocol 的合约安全和形式化验证工作由安比实验室提供。 551 | 552 | > DVP漏洞平台：DVP 是一个去中心化的漏洞平台。DVP 通过安全社区自治的组织方式，全方位多维度贯彻执行漏洞的负责任披露，同时作为白帽子与厂商的核心纽带，为区块链厂商用户搭建高效、透明的安全信息平台。NestCore 与 DVP 合作共同发起 NEST Protocol 漏洞赏金计划，为 NEST 发展保驾护航。 553 | 554 | > 算力智库：算力智库是中国领先的数字经济产业智库型平台，由华闻传媒、时报传媒联袂巨献。致力于推动 “数字经济+实体经济”的有效融合。深耕于人工智能、大数据、区块链等数字经济代表领域。NEST Protocol 的市场推广、媒体合作等工作由算力智库提供。 555 | 556 | > HuobiClub：Huobi Club 立足于火币集团本身的品牌资源及生态优势，致力于打造专业的线下区块链行业交流和服务平台的方式，汇聚区块链行业全球站点资源，吸纳优质团队为其进行全方位的区块链深度增值服务，整合站点当地资源形成产业链闭环，帮助合作伙伴成长，助力行业发展。NEST Protocol 与 HuobiClub 建立有深度的合作关系，其为推动 NEST Protocol 与区块链行业的交流对话起到了关键作用。 557 | 558 | > NestFans：NestFans 是一个由 NEST 早期矿工和用户共同发起组建的爱好者自治社区论坛，旨在为区块链行业用户和从业者提供一个交流学习 NEST Protocol 的渠道，更好的推动 NEST 生态发展和社区共识建设。 559 | 560 | # NEST Protocol 【总结】 561 | 562 | > NEST Protocol 中的 NEST-Price 是区块链行业内的重大创新和突破，它以一种高度去中心化的方式把链下价格事实进行了同步上链，在链上形成了真实有效的价格数据。NEST-Price 为区块链技术的落定应用提供了最为重要的基础设施，对推动整个行业的发展起到了巨大作用！ 563 | 564 | 关于事实上链的总结： 565 | 566 | 1、事实上链的本质不是往链上“上传”事实信息，而是要在链上形成（生成）事实； 567 | 568 | 2、不管是中心化的上传事实信息，还是以去中心化的方式上传，都意味着链下事实先于链上产生。而真正的预言机系统，应该要做到链下事实同步产生于链上； 569 | 570 | 3、NEST-Price 的独特之处是直接在链上形成一个价格事实，而其他预言机系统则只是往链上传了一个价格事实，这是本质差异。 571 | 572 | 那么，NEST Protocol 是什么？ 573 | NEST Protocol 是一个去中心化的价格事实预言机协议网络。 574 | 575 | -------------------------------------------------------------------------------- /LICENSE: -------------------------------------------------------------------------------- 1 | GNU GENERAL PUBLIC LICENSE 2 | Version 3, 29 June 2007 3 | 4 | Copyright (C) 2007 Free Software Foundation, Inc.