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dimanche 27 septembre 2020

Voting on Nyan.finance is Now Live!

Voting on Nyan.finance is Now Live!

You are now able to actively Vote on the Nyan.finance platform.

- Go to Nyan.finance

- Click the "Pump" tab

- Select Vote

- Approve your vote for either of the new logo options via Metamask and you've contributed

Currently the community is using the first voting opportunity to sort out the new, more permanent logo the project will be using going forward. The logos selected were designed and created by community members. In the future, voting will be utilized for other, more important community based decisions which will help provide a sense of hands off structure to bring organization to make the most effective decentralization experience possible. v2 of this structure will be released in the near future to create an even better user experience. (Full tutorials on how to both vote and bid will be written in due time)

https://preview.redd.it/dwewsq7iqpp51.png?width=1323&format=png&auto=webp&s=070dd9bcbffa0c2c2afbfab69709a8357fab652e

With the community growing in excitement over the first investment opportunity ahead, more than 7,000 NIP are available for investment purposes. Once bidding begins, users will have the option to bid on which smart contract NIP funds are invested in, and in the near future we will also be able to decide what off chain assets we wish to invest in (Polkadot integration is coming in the near future).

Many of the community members have spoken about their ideal picks for what the first investment opportunity will be. So far a few of the most talked about options are:

- Chain Link

- Yearn.finance

- Ethereum

- wBTC

Ultimately the outcome is dependent on the community. Bidding has already been tested via Ropsten Test network. Feedback was received and the focus in the future will be making it easier for someone without a background in Solidity to bid and create an option for a new contract. But with community members able to do this with community approval and feedback, its an area of improvement which can be fine tuned accordingly.

I would highly recommend joining the telegram community (https://t.me/nyanfinance) and get your vote in on which the first decentralized Digital Hedge Fund investment will be!

The contracts work. Bidding works. Voting works. But will the first initial investment provide returns?

(I write articles and reviews for legitimate, interesting, up and coming cryptocurrency projects. Feel free to PM me to review your project. Thank you!)

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Disclaimer: This is not financial advice. The sole purpose of this post/article is to provide and create an informative and educated discussion regarding the project in question. Invest at your own risk.

submitted by /u/Chrisc9234
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