Understanding Nexade in one article

What is Nexade?

Source:https://x.com/nexade_officialNexade is an innovative platform developed by LC Lite, a subsidiary of the Incomlend group, which combines real world assets (RWA) with decentralized finance (DeFi) to break the traditional intermediary role and high cost issues in trade finance. Through smart contract technology, Nexade provides investors with an efficient, secure, and transparent trade finance investment platform, where users can invest in financial products based on real world assets such as accounts receivable.

Core Functions:

• Asset source and financing matching: Nexade platform provides one-stop service, from asset initiation, financing matching to profit distribution, ensuring users get a transparent and efficient experience.- Stable income: Users can obtain stable returns by investing in the RWA pool, with returns in the form of stablecoins and the platform's native token NEXD.- Decentralized Governance: NEXD token holders can participate in platform governance and vote on key platform decisions.## Nexade working mechanism and characteristics Source:https://nexade.finance/The working mechanism of the Nexade platform revolves around the combination of decentralized finance (DeFi) and real world assets (RWA). In order to reduce transaction costs and increase processing speed, most of the smart contracts of the Nexade DApp will be deployed on Ethereum's Arbitrum Layer 2 network at launch, using smart contracts to implement functions such as token issuance and vesting, creation and management of RWA staking pools, automatic compounding, and governance. Nexade uses multi-party computation (MPC) custody technology to manage digital assets, solving important issues such as money management on multiple blockchains, multiple stakeholders participating in transactions, no single point of control, and managing multiple segregated wallets.

Its features include the following aspects:

• The combination of RWA and DeFi: Nexade brings real-world assets such as trade receivables to the chain, providing investors with high-quality and stable investment opportunities, while also providing more convenient financing channels for small and medium-sized enterprises. This innovation greatly enhances the liquidity and financing efficiency of assets.- Complete Ecosystem: Nexade covers a complete ecosystem of asset initiation, financing pairing, and revenue distribution. The platform automates every step of the operation through smart contracts to ensure transparent and efficient transactions.- Stable income mechanism: Through Nexade, users can invest stablecoins (such as USDT, USDC, etc.) into an investment pool based on RWA to obtain stable returns. The platform's income comes from the repayment of accounts receivable, which is used to pay investors' returns.## NEXD Token Economics and Token ModelThe NEXD token is the core token of the Nexade platform, serving as the platform's payment medium and governance tool, playing a crucial role in the entire ecosystem. All functions of using the Nexade DApp require NEXD tokens. Here are the main functions and economic designs of the NEXD token:

Functionality of NEXD token

• Governance rights: NEXD token holders can participate in the governance of the platform, voting to decide on major decisions such as adding investment products, adjusting risk control strategies, etc.- Staking Rewards: Users who hold and stake NEXD tokens can receive stablecoins and NEXD tokens as rewards, while enhancing the platform's liquidity.- Payment Function: NEXD tokens can be used to pay for transaction fees and other service fees within the platform.NEXD Token Allocation

The initial supply of NEXD is 1 billion, and the public offering price is $0.07 per token. The release of NEXD tokens will follow a gradual unlocking mechanism, with tokens being released in stages over a maximum of 45 months. Depending on the token category, a specific percentage of the initial supply will be released to holders each month to ensure a balanced entry of tokens into the market.

Source:https://nexade.gitbook.io/nexade/3-nexd-tokenomics## Nexade User GuideThe usage process of the Nexade platform is simple and intuitive. Here are the steps for new users to participate in platform investment:

1. Set up digital wallet First, you need to create a digital wallet that supports stablecoins such as USDC and USDT. Common wallets include MetaMask, Trust Wallet, and Coinbase Wallet.2. Connect to the Nexade platform Connect your digital wallet to Nexade DApp and approve the connection request.3. Explore investment opportunities On the Nexade platform, you can browse various investment pools based on RWA, and view detailed information about each pool, including counterparties, investment returns, risks, and investment periods, etc.4. Choose and invest Choose an RWA pool that suits your investment goal, enter the investment amount, and confirm the transaction.5. Track Investments Nexade provides real-time investment tracking, allowing you to view the returns and performance of your investments at any time.6.收取收益 Investment returns will be distributed in the form of stablecoins and NEXD tokens, and you can directly transfer the returns to your digital wallet.## Nexade RoadmapNexade's future development roadmap is clear, and the team will gradually achieve multiple key goals in stages to promote the comprehensive development of the platform.

Phase 1: Token Launch (Q4 2024)

• Release NEXD token and initiate platform infrastructure construction.- Establish treasury and insurance pool to ensure the safety of platform participants' funds.Phase 2: Stablecoin Investment Pool Goes Live (Q4 2024)

• Launch the first stablecoin investment pool based on trade receivables, providing stable returns for investors.- Expand more RWA pools to provide diverse investment options.Phase 3: Decentralized Governance and Insurance Pool (First Half of 2025)

• Initiate the governance rights of NEXD token holders and participate in platform decision-making.- Improve the insurance pool mechanism to enhance platform security.## SummaryBy combining real-world assets (RWA) with decentralized finance (DeFi), Nexade breaks the limitations of the global trade finance industry and provides investors and small and medium-sized enterprises with more efficient and transparent financing solutions. As the core payment and governance tool of the platform, the NEXD token not only gives users the right to participate in platform decision-making, but also provides stable returns. As the platform continues to develop, Nexade will play an increasingly important role in the global trade finance field, injecting new vitality into global economic development.