Nest Protocol NEST

NEST Protocol is a distributed price oracle system. It uses a unique "two-way quotation" mechanism to ensure that market prices are generated simultaneously on the blockchain. It aims to provide accurate and reliable price data for decentralized applications (DApps) and smart contracts. NEST holders can participate in the system by depositing NEST tokens into the NEST smart contract and receive ETH incomes from the NEST oracle system.

NEST Protocol is unique compared to other cryptocurrencies because it is a distributed price oracle system. It uses a unique "two-way quotation" mechanism to ensure that market prices are generated simultaneously on the blockchain. This allows NEST Protocol to provide accurate and reliable price data for decentralized applications (DApps) and smart contracts. Additionally, NEST Protocol has a specific focus on addressing issues such as miner delegation risk and the limitation of the current blockchain structure. By addressing these challenges, NEST Protocol aims to improve the overall efficiency and security of decentralized finance (DeFi) ecosystems.