NEST Protocol is a secured decentralized oracle built on Ethereum that provides creative solutions using different modules. The NEST oracle primarily solves the problem of price on-chain through a decentralized incentive solution, the price predictor. To simplify, DeFi protocols depend on price data to reflect the asset price on an exchange. As per the whitepaper, price prediction oracles are important to the future of blockchain finance. Price data is generally manipulated and not verified, leading to the possibility of data attacks. Thus, the Nest Price Predictor directly verifies the price of the asset to ensure the information is timely and accurate. The system also avoids the risks of centralization. 

The NEST Oracle determined price is captured on the blockchain, with each block recording a price. The price on each block is generated by a certain algorithm. This price is called the block-price or the Nest Price, which is the verified price of the asset. 

NestNodes are an important part of the NEST Protocol ecosystem. As the source of power for NEST development, it provides numerous resources and funds for the early research and development of NEST. NestNodes provide benefits and influence from the NEST ecosystem including the governance rights to the NEST protocol via initiating and exercising votes on the network.

NEST is the native token of the Nest Protocol. NEST is a token issued on the Ethereum ERC20 protocol, with a total value of 1500 integers (to better reflect the decentralized characteristics of NEST Protocol). NestNodes carry out NEST transactions and circulation freely, and the holder group is distributed as follows:

The total supply of NEST tokens is ten billion NEST. 

We update our NEST Protocol to GBP currency in real-time. Get the live price of NEST Protocol on Coinbase.

The current market cap of NEST Protocol is £396.368K. A high market cap implies that the asset is highly valued by the market.

The all-time high of NEST Protocol is £0.1782. This all-time high is highest price paid for NEST Protocol since it was launched.

Over the last 24 hours, the trading volume of NEST Protocol is £308.115K.

Assets that have a similar market cap to NEST Protocol include PointPay, Ghiblification, Hyperbot, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of NEST Protocol is 2.9 billion.

NEST Protocol ranks 308 among tradable assets on Coinbase. Popularity is currently based on relative market cap.