Nemesis DAO, a Binance Smart Chain (BSC)-based decentralized reserve currency protocol, has announced a new and viable roadmap for 2022.
It has been dubbed as the biggest om-fork and safest haven on Binance. Nemesis DAO has pioneered many innovations and activities in the budding DeFi space. one of which involves meeting a private know-it-all customer [KYC] Form.
With the increase in the number of rag pulls in the DeFi space, reputable media outlets will only partner with projects with well-known team members. Nemesys DAO, being a transparent, fair and sustainable protocol, has met all the KYC requirements with multiple media outlets. In line with this, the BSC-based protocol has entered a consortium with BSC Daily – the most popular platform on the advanced BSC network.
Another yet impressive task completed by Nemesis DAO is the assignment of privileged roles to multiple signature wallets [Multi-Sig], To prevent any point of failure caused by frequent security breaches, Nemesis DAO has pushed the management and ownership of contracts into a multi-sig wallet and security policy that requires consensus prior to executing any activity. Prepared to request.
Nemesis DAO is introducing a remarkable feature – Nemesis Pro – a new betting incentive with a range of features that the Nemesis community members have dreamed of. Slated for launch in February 2022, the product will come with enhanced graphics and anti-whale protection, hence implementing the concept of true decentralization. In addition, this product will solve the problem of volatile returns promised by the DeFi protocol.
It will have a duration of 1 hour and an ROI rate of 5 days. To encourage extended staking periods, random and frequent golden epochs will appear and in turn, increase the 5-day ROI to 8%.
Angel Nodes, another product of this BSC-based protocol, has been launched and will have a special treasury called “Ark Treasury”.
With only a small number of crypto enthusiasts using decentralized exchanges, Nemesis DAO, as a user-priority protocol, has listed the NMS—the protocol’s native token—on Hotbit and BKEX. Furthermore, the protocol is listed on CoinMarketCap and CoinGecko—the leading crypto analytics website.
House of Dijson-Governance System
With the aim of creating a robust security policy characterized by the controlled behavior of NMS by the DAO [decentralized autonomous organization] In a way that gives power back to the people, Nemesis DAO advocates a decentralized voting system. By leveraging the sNMS and wsNMS Decision Tokens, the participants will reserve the right to cast their vote on the proposals and suggestions. Similar to most DAO-powered protocols, Nemesis will calculate the voting power of each participant based on the SNMS and wrapped wsNMS held at the time of the DAO voting snapshot.
While one SNMS will provide 1 voting power to the community members, the wrapped wsNMS, on the other hand, will be calculated based on the current index. With decimals always rounded, this wraps makes wsNMS the most valuable token in the House of Dagens – the governance system of the Nemesis DAO.
NMS Token Holder Rewards
The Nemesis DAO will offer amazing benefits to early participants. Offering high annual percentage yield [APY] Staking in five days and at 8% ROI, the BSC-based protocol aims to create the reserve currency the Binance network needs while optimizing short- and long-term profits for NMS token holders.
With a long term vision to continuously expand, build one of the safe and rewarding applications, Nemesis DAO will launch a ton of products ranging from Nemesis Fund to Nemesis NFT Zone etc. Promoting honesty and transparency between the community and team members, this protocol is backed by a strong community based on Discord and Telegram.
Not surprisingly, the Nemesis DAO has passed certificate auditing tests, the results of which show that the protocol is secure and poses no risk of security breaches. This is in line with the development team’s core value of building a transparent, fair and secure blockchain ecosystem.
Nemesis Dao. About this
Known as the Decentralized Reserve Currency Protocol, Nemesis DAO is a BSC-based project that seeks to create a reserve currency for the network while increasing short- and long-term profits for its token holders. Running a democratic protocol, thanks to the DAO, Nemesis will allow members of the DAO community to vote for proposals and suggestions made on the protocol.