NSAV, a cryptocurrency, blockchain and digital asset technology company, today formally announces the Native Token for its Decentralized Cryptocurrency Exchange NSAVDEX.
NSAV is a wholly owned subsidiary of the U.S. based publicly traded company Net Savings Link, Inc. (OTC Pink: NSAV). Last month, NSAV launched its Decentralized Cryptocurrency Exchange (DEX) NSAVDEX.
Read More: NSAV Cryptocurrency Exchange Goes Live With Big Focus On Compliance
NSBC – Native Token For NSAVDEX
The NSBC (NSAV Blockchain) Token will be the Native Token for NSAVDEX. The Company said that the NSBC Native Token is another vitally strategic Milestone in the NSAV ECOsystem. Additional details regarding the token structure will be released in the next week or so. This will include the date of the private pre-sale.
The NSBC Token will serve as a Native Utility Token, with primary functions being Yield Farming and Staking, as well as a variety of other functions. The token will prove to be a valuable token operated under the NSAV ECOsystem.
With the NSBC token operating hand in hand with NSAV DeFi community, the company believes that NSAVDEX will be able to become a significant player in crypto space of DeFi AI Automated Market Makers (AMM).
DEX Tokens Exhibits Exponential Growth In 2021
2021 has been a great year for DEX tokens. Many DEX tokens have shown exponential growth in 2021.
Uniswap is the world’s leading Decentralized Cryptocurrency Exchange (DEX). Uniswap’s native token, (UNI), hit a $140 million market capitalization 7 hours after its launch. On Sunday, the UNI market cap reached $15,950,755,319.
Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner, said:
“Our NSAVDEX Native Token is a very important milestone for the NSAV ECOsystem. NSBC is designed to become a valuable token with a major appreciation capability among our ever-growing NSAV community.”