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HONG KONG, February 2, 2023 /PRNewswire/ — Nuon Protocol has announced the launch of its mainnet for NUON flatcoin. first in the world. cryptocurrency linked to an unbiased cost of living index. Decentralized and super-secured, Nuon will be leading the way live Ethereum: scaling solution, Arbitrum.

The concept of Flatcoin has been discussed frequently secretly founders love Brian Armstrong, Balaji S. Srinivasan and: Vitalik Buterinwho commented on it secretly must be willing to shed excessive reliance on any one financial asset to reduce concentration and regulatory risks. Rather, it has been suggested that flatcoin should link its value to an independent measure of the cost of living or an unbiased inflation index.

Nuon addresses this by providing stable secretly the asset is not linked to a depreciating fiat currency such as the US dollar. Instead, the value of Nuon flatcoin is based on daily and independently verified inflation data. Indeed, Nuon is the only flatcoin to be removed from public monetary systems twice due to its decentralized design and unbiased inflation data.

Unique features of the Nuon protocol will include automated safety liquidity pools and Nuon Liquid Position (NLP) Dynamic NFTs, as well as real-time transparency using Chainlink’s Proof Of Reserve and independent auditing by CoinFabrik. Nuon is also a member of the Chainlink BUILD ecosystem.

Nuon flatcoin will be launched on Arbitrum One with layer 2 Ethereum: The Virtual Machine (EVM) compatible blockchain, praised for its fast transaction speed, strong security and dynamic applications, brings new solutions to the world of decentralized finance.

Chief Marketing Officer of Arbitrum, Andrew Saunders“As Arbitrum One’s first flatcoin, we are excited to welcome Nuon to our robust and collaborative ecosystem. Nuon brings a whole new life opportunity to our community to connect directly to the inflation index, and we hope to see Nuon. accelerate through Arbitrum and scale in a secure and efficient manner”.

After a successful trial network phase, Nuon’s mainnet launch will be “sustained” according to conservative risk parameters. This means that the number of users, asset types and total value locked on the protocol will be managed and limited during the first month. Liquidity and additional returns will be provided on SushiSwap.

Commenting on the launch, CEO Nuon Stefan Rust “Just as decentralized protocols are the answer to the risks posed by centralized currencies, and leverage is the answer to preserving value in the face of market volatility, inflation-proof flatcoins are the solution to preserving value over time.”

“Our vision for Nuon, an inflation-proof money, is ambitious to say the least, and we see Arbitrum’s infrastructure as an important step towards making Nuon a ubiquitous medium of exchange.”

The Nuon protocol seeks to build the future of money while breaking away from national currencies managed by central bankers in an environment where inflation has reached a 40-year high.

Unbiased flatcoins have the potential to join a range of other digital assets such as Bitcoin:, providing individuals and institutions with monetary solutions beyond fiat currencies. This phase of innovation will add purchasing power retention to the range of capabilities already in-house. secretly space

About Nuon

Nuon is the world’s first unbiased flatcoin. The next generation of sustainable assets, Nuon is an inflation-resistant coin linked to an independent cost-of-living index that protects your purchasing power from the loss of value caused by inflation. Nuon reclaims economic sovereignty and empowers the people in an inflation-proof economy through a decentralized governance philosophy that is censorship-resistant and powered by the people. Welcome to Better Money!

About Arbitration

Offchain Labs with venture backing and Princeton– founded Arbitrum, a company that develops a suite of secure scalable solutions Ethereum:. Arbitrum is a leading Layer 2 scaling provider and has two live blockchains: Arbitrum One, an optimistic aggregation solution and leading choice for DeFi dApps, and Arbitrum Nova, an AnyTrust solution and home to gaming and social dApps including Reddit community points of Arbitrum’s technologies instantly scale dApps, significantly reducing costs and increasing speed without sacrificing Ethereum:the safety of Migrating contracts to Arbitrum does not require any code changes or downloads, as Arbitrum is fully EVM compatible. In 2022, Arbitrum upgraded its new Nitro technology suite to enable fraud proofing on the Geth core engine compiled in WASM, which significantly increased network throughput while significantly reducing transaction costs.




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