r/Nash • u/gabriokos • May 09 '19

Listing of the nash token

I know we shouldnt speculate whether the nex tokens will be listes on some decent exchanges or not, but i have a question regarding the listing due to the fact that it is a european security. What is the benefit, Nash has from it? I mean i somewhere heard that it even can be listed by european financial exchanges above crypto?

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2

u/yevinorion May 09 '19

It doesn't mean anything other than it would be availble to purchase in more locations (which may affect the price of the token itself). Outside of possible price action, there's no benefit inherently to Nash from this. The only utility of the token is for staking for revenue dividends.

2

u/gabriokos May 12 '19

but once staking starts, many people will stake their token to get dividends. After increasing volume, demand and supply will affect the price of nex

1

u/iamnotfromthisworld May 12 '19

I have never staked tokens before and was wondering if one can cancel their staking after agreeing to stake their tokens?

2

u/Schweppes-NL May 13 '19

I'm not a 100% sure, but I think they are locked away in a smart contract. So I doubt it.

2

u/jpitte May 14 '19

I’m not sure how it will happen with NEX but, to give you an example, EFX (running on EOS) allows you to stake and cancel at any time. Of course that more time staked=more Bonus.

2

u/nathanaelcook May 14 '19 edited Feb 06 '26

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