Review on Nectar by Gabriel Medina
Token seeking to grow the world's largest community of decentralized exchange users
Nectar (NEC) is a cryptocurrency that serves as a utility and governance tool of the decentralized exchange DeversiFi. Those who have the token in their hands will be able to participate in governance and have multiple benefits with a high-speed exchange where you will always have control of your assets.
It was originally designed in 2017 and launched in early 2018. This project aimed to solve the problems seen in centralized exchanges and promote liquidity in the markets traded on the Ethfinex exchange platform. In 2019, Ethfinex had to close and the DeversiFi entity is born. Thanks to this Nectar 2.0 emerged and NEC went from being an inflationary token to a deflationary one.
The Nectar token is listed on the following exchanges:
Pros
- The Nectar token incentivizes holders with discounted fees.
- Nectar Token is on the DeversiFi exchange, a high-speed decentralized trading platform for digital assets and with low order costs.
- The token is listed on various exchanges.
Cons
- Residents of the United States cannot trade with Nectar.
