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About NSHARE

Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network. Nacho Finance is a multi-token protocol that consists of the following three tokens: - Nacho Shares (NSHARE) (Governance & Measure of protocol value) - Nacho Token (NACHO) (Medium of exchange) - Nacho Bonds (NBOND) (Change NACHO supply during contraction periods) NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl. Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem. The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price. NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.

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£0.04099

Market Stats

Market Cap

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FDV

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Circ. Supply

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Max Supply

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Total Supply

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Performance

Popularity

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Dominance

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Volume (24H)

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Volume (7D)

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Volume (30D)

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All time high

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Price Change (1Y)

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Additional details

Recent trends

The current price is £0.04099 per NSHARE with a 24-hour trading volume of £0.00.

Market details

NSHARE vs markets

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NSHARE vs BTC

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NSHARE vs ETH

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Tags

Network & Addresses

Network
Address

Polygon

0x948D0a28b600BDBd77AF4ea30E6F338167034181

Price history

Time
Price
Change
Today
£0.04099
NaN%
1 Day
£0.04096
0.00%
1 Week
£0.04119
0.00%
1 Month
£0.04178
0.00%
1 Year
£0.04196
0.00%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

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