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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Nectar by LUIS RIVERO R

Revainrating 3 out of 5

Governance Token.

The token has the utility within DeversiFi, to be an asset that allows governance, discounts on transactions to holders. However, this exchange does not have a large number of users and its token does not have the value that it should according to its main members. Basically for having this asset you receive discounts of up to 20% and you automatically belong to the DeversiFi DAo.
As a decentralized economy, the value depends on its adoption, and although it has been in the market for a long time, it does not have a large share in the Defis in general, it does not have a good development, it is practically unknown and it has not been able to adapt successfully.

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Pros
  • Deflationary token, although this decrease will depend on the use of the exchange since, according to the rates, the burning of tokens is carried out.
  • Holders are part of the governance of this asset.
  • Limited amount of tokens.
Cons
  • Small volume.