Question 1

What must be done before participating in NEST Oracle price quoting?

Accepted Answer

A quoter must first pledge a certain amount of tokens and then submit an on-chain price quote. The mechanism is open to anyone, but open participation does not remove the asset commitment required for quoting.

Question 2

How does NEST Oracle encourage participants to provide quotes?

Accepted Answer

NEST Oracle provides rewards for quotes to encourage participants to supply price information. A reward mechanism is not a promise of a fixed return or a fixed amount for every quote.

Question 3

How are NEST Oracle quotes that deviate from the market handled?

Accepted Answer

Deviating quotes are subject to an arbitration process. Submitting a price therefore does not mean that it is beyond challenge; the quoting mechanism also addresses deviations.

Question 4

In NESTFi's design, whom does a trader trade with?

Accepted Answer

The trader interacts directly with a smart contract. NESTFi describes this as a decentralized perpetual exchange design that does not rely on market makers as trading intermediaries.

Question 5

Does NESTFi's trading mechanism require liquidity providers (LPs)?

Accepted Answer

Under NESTFi's stated design, trading does not use liquidity providers (LPs); users trade directly with the smart contract. “No LPs” describes the trading structure and does not create a right to returns from providing liquidity.

Question 6

What is the quantity ratio for replacing NEST 1.0 with NEST 2.0?

Accepted Answer

The official replacement description states a 1:1 ratio: 1 NEST 1.0 corresponds to 1 NEST 2.0 under that ratio. It describes only the replacement quantity relationship; it does not mean an application has been approved or that the two assets must have the same market price.

Question 7

Can the same address submit a NEST version-replacement request more than once?

Accepted Answer

No. The official replacement description says that a single address can submit one replacement-token request only. Multiple submissions should not be treated as a routine operation permitted by that process.

Question 8

How does the NEST martingale trading model handle assets paid when a user enters the contract?

Accepted Answer

In the martingale trading model described in the 2023 white paper, digital assets paid by users to enter the contract are burned. This concerns payment handling in that model; it should not be generalized to ordinary token transfers.

Question 9

Where do settlement assets in the NEST martingale trading model come from?

Accepted Answer

In the same white-paper model, the underlying assets needed for settlement are issued by the contract. Settlement issuance and the burning of assets on entry are separate steps; issuance is not simply the return of an original deposit that was not burned.

Question 10

If assets are burned on entry, does NEST supply necessarily decrease?

Accepted Answer

No conclusion follows from the burn step alone. The model includes both burning when entering a trade and issuance for settlement; assessing net supply change requires comparing the amounts of both, rather than considering only burns.

Question 11

What mathematical mechanisms can NESTCraft provide for games?

Accepted Answer

Developers can call NEST functions to build game mechanisms around deterministic mathematical relationships, probability relationships, or random processes. This is a development capability and does not mean every specific game product has launched.

Question 12

Are NEST version replacement and the burns and issuance in martingale trading the same thing?

Accepted Answer

No. Version replacement concerns exchanging NEST 1.0 for NEST 2.0 at 1:1, while the white paper's burns and issuance serve entry into martingale trading and settlement respectively. The settlement mechanism should not be applied to version replacement, and the replacement ratio is not a fixed-return ratio for martingale trading.

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