NovaBank's Important Role in the Token Economy
At its core, NovaBank will become a professional service protocol, leveraging the bond mechanism to expand its business scope and influence. We will provide infrastructure, expertise, and exposure for our partners.
We will help partners accumulate key infrastructure liquidity through bond sales, rather than renting third-party liquidity and paying high rental costs through liquidity mining as before. Ultimately, we assist partners in transforming value-draining perpetual expenses into revenue-generating assets, enabling healthy and rapid development.
NovaBank and subsequent versions will provide customized services specifically for partners, offering an integrated front-end solution. This allows partners to quickly and easily create bonds and manage their positions within a familiar, unified user interface. Partners can spend less time on token economics and more time building excellent products. Of course, this is premised on NovaBank V1 being time-tested and developing healthily.
The bond mechanism is much more complex than traditional liquidity mining. It's crucial that projects execute correctly and get it right on the first attempt.
This is the key factor for partners collaborating with NovaBank. The NovaBank team comprises a professional blockchain technology team from Stuttgart and an experienced financial management team. NovaBank will gain valuable experience from multiple explicit and countless implicit data during the protocol's operation. This experience will help partners obtain passive, self-regulating bond plans.
After NovaBank incubates multiple high-quality projects, we will build a unified bond market for various protocols. This market will become the default destination for investors. Such a unified bond market will be invaluable, akin to the value of being listed on an exchange.
Benefits to the NovaBank Protocol after Achieving the Above Goals:
Protocol Treasury Receives Bond Sales Fees of 3%
Promote NVB as a Treasury Asset and Liquidity Token for Other Protocols
Methods and Steps:
Offer rebates to protocols accumulating NVB or NVB-LP.
Provide co-branding opportunities to protocols using NVB as payment.
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