Peanut (NUX) Price

Peanut. Trade is a DFI price balancer, which protects LP from impermanent losses, reduces slip points and increases the profits of liquidity providers by restraining the price changes of large DEX transactions and corresponding assets on CEX. It has been integrated into the curve platform to reduce the risk of slip points and impermanence losses. It divides the assets of liquidity providers into two parts: 90% for providing liquidity on uniswap (or through other DEX) and 10% for automatic multi-level price balancing between uniswap, other DEX and CEX. Nux is an erc20 token that supports the peanut protocol. Nux utility function in order to balance the token rate on CEX and DEX platforms, it is not enough to have only one effective algorithm. This is just a tool. Without a large number of encrypted assets, it will not work properly. Peanut will provide a portion of such assets from its reserves. However, most of such assets will be provided by third parties, which will obtain passive income by lending their own resources. From individuals to investment funds, anyone can become such a liquidity provider (LP). In order to increase the liquidity of the peanut pool, users will need to deposit Nux tokens. Otherwise, peanout's algorithm will not be able to balance according to the mobility of users. Nux tokens enable our algorithms to be used with your assets. Liquidity providers (or ordinary users) should have enough Nux so that the peanut balance mechanism can start operating their liquidity. After making a profit, a 10% fee will be charged from the Nux token.