{"id":10828,"date":"2022-03-16T06:36:28","date_gmt":"2022-03-16T06:36:28","guid":{"rendered":"http:\/\/egrowonline.com\/?p=10828"},"modified":"2022-03-16T06:36:28","modified_gmt":"2022-03-16T06:36:28","slug":"new-defi-protocol-on-metis-nemesis-finance-sells-out-presale-launch-in-minutes","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=10828","title":{"rendered":"New DeFi Protocol on Metis, NEMESIS FINANCE, Sells Out Presale Launch in Minutes"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Regarded as the first node protocol with integrated transaction fees, NEMESIS FINANCE is the first DeFi protocol on Metis Andromeda and recently sold out all the coins in its pre-ICO<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" width=\"660\" height=\"253\" src=\"https:\/\/www.abnewswire.com\/uploads\/8e71a3f1e4e7e5680b950ae74ec7fb05.png\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/uploads\/8e71a3f1e4e7e5680b950ae74ec7fb05.png\" alt=\"\" width=\"660\" height=\"253\" \/><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><strong>March 15, 2022 \u2013<\/strong> <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">NEMESIS FINANCE<\/a> is delighted to announce that it has sold out all of its initial coin offerings (ICO) during a presale that was launched on the 10th of March 2022. The company had earmarked 8% of the total supply for the pre-ICO and posits that its ability to sell it all off within five minutes of launching the presale, highlights the public\u2019s immense confidence in its amazing tokenomics.\u00a0<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">Regarded as the first node protocol with integrated transaction fees, NEMESIS FINANCE is also the <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">first DeFi protocol on Metis Andromeda<\/a> with 100% EVM compatibility, as well as compliance with the layer2 solutions on all of its modules.<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">While Ethereum stands at around 15 TPS (Transactions Per Second) only, Metis has improved scalability that enables fast transactions at approximately 2000 TPS, with lower fees that make the blockchain a perfect pick for any DeFi project.<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">By offering an impressive daily ROI of 3%, NEMESIS FINANCE proudly sits as the only community-focused project that offers huge incentives as passive income for a lifetime, to holders who only need 10 $NEM to create a Node and become a part of the ecosystem with a rich liquidity pool.<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">The <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">NaaS (Node as a Service) project<\/a> revealed that it has dedicated 70% of the total supply for the rewards distribution pools and only 10% for Tethys Exchange allocation, with 8% already sold out in its pre-ICO. To discourage the selling pressure to support the <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">$NEM token<\/a> price, NEMESIS FINANCE says it has taken measures to lower the selling pressure after the launch with 25% sell tax on first day sales, 20% on the second day, 15% on the third, and 10% afterwards.<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">\u201cNEMESIS FINANCE uses the \u2018claim tax\u2019 of 10% to 20% tax every time you claim your rewards, depending on the selling pressure. This claim tax also plays a part to lower the selling pressure to help price grow and increase the profits for long-term investors through compounding. The Microtransactions collected play a major role in price stabilization. 5% of the total revenue collected from node creation will be used to mature the liquidity to build a strong price floor and 15% of this will be used in marketing and development. 80% of the fees collected will be shovelled to the community as rewards.\u201d<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">Although 80,000 $NEM has already been sold, those interested in creating a Node with just 10 $NEM tokens to receive the daily 3% ROI can still get their share of the remainder of the hard-capped total supply of 1,000,000 $NEM tokens by joining the public sale which began on the 11 of March 2022, available on the <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">Metis Andromeda blockchain.<\/a><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">Thanks to its exponentially growing treasury with protocol-owned liquidity and a community-centred ecosystem with decentralized governance, NEMESIS FINANCE offers all its investors the ability to earn rewards effortlessly for a lifetime. Anyone interested in getting in on the action can visit the website below to learn more about this amazing DeFi project.<\/p>\n<p style=\"text-align: justify\" dir=\"ltr\">For more information, please contact below.<\/p>\n<p><span style=\"font-size:18px !important\">Media Contact<\/span><br \/><strong>Company Name:<\/strong> Nemesis Finance<br \/><strong>Contact Person:<\/strong> James D.<br \/><strong>Email:<\/strong> <a target=\"_blank\" href=\"http:\/\/www.universalpressrelease.com\/?pr=new-defi-protocol-on-metis-nemesis-finance-sells-out-presale-launch-in-minutes&amp;type=pra\" rel=\"nofollow noopener\">Send Email<\/a><br \/><strong>Country:<\/strong> Cyprus<br \/><strong>Website:<\/strong> <a target=\"_blank\" href=\"https:\/\/nemesis.finance\" rel=\"nofollow noopener\">https:\/\/nemesis.finance<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" width=\"1px\" height=\"1px\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=new-defi-protocol-on-metis-nemesis-finance-sells-out-presale-launch-in-minutes\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=new-defi-protocol-on-metis-nemesis-finance-sells-out-presale-launch-in-minutes\" alt=\"\" width=\"1px\" height=\"1px\" \/>\n <\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.digitaljournal.com\/pr\/new-defi-protocol-on-metis-nemesis-finance-sells-out-presale-launch-in-minutes\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regarded as the first node protocol with integrated transaction fees, NEMESIS FINANCE is the first DeFi protocol on Metis Andromeda and recently sold out all the coins in its pre-ICO March 15, 2022 \u2013 NEMESIS FINANCE is delighted to announce that it has sold out all of its initial coin offerings (ICO) during a presale [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[172,28,171,6307,299,6308,2327,1233,783],"class_list":["post-10828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-defi","tag-finance","tag-launch","tag-metis","tag-minutes","tag-nemesis","tag-presale","tag-protocol","tag-sells"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/8e71a3f1e4e7e5680b950ae74ec7fb05.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10828"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10828\/revisions"}],"predecessor-version":[{"id":10830,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10828\/revisions\/10830"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/10829"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10828"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}