Name: Darkness Share
SKU: NESS
Price: 0.000070556894 USD

NESS (DarkNess Dollar Share) is the algorithmic token that accrues fees, seigniorage revenue, and excess collateral value. The total supply of NESS tokens is 800000000:<ul><li>&nbsp;400000000 (50.00%) will be distributed to the Community via a liquidity mining program in the duration of 96 months.</li><li>&nbsp;100000000 (12.50%) will be distributed to the Insurance Fund in the duration of 96 months. It will convert all assets to CRO which is a backed asset for NESS tokens.&nbsp;For example if the supply of NESS is 100000000 and Insurance Fund has 2000000 CRO, NESS holders can always burn 1 NESS and receive back 0.02 CRO at any time.</li><li>&nbsp;200000000 (25.00%) will be reserved for the development (marketing, audits, dev reward, community engagements and other expenses) and released gradually over a period of 48 months.</li><li>&nbsp;90000000 (11.25%) will be reserved for the strategist partnerships and confounding advisors and released gradually over a period of 24 months.</li><li>&nbsp;10000000 (1.25%) will be used for seeding distribution via DarkBoost and initial liquidity by DarkCrypto Dao Fund.</li></ul>DarkNess Dollar introduced the world to the new concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically. DarkNess Dollar is a stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means DarkNess Dollar is a stablecoin to have part of its supply floating/unbacked.

Darkness Share

NESS (DarkNess Dollar Share) is the algorithmic token that accrues fees, seigniorage revenue, and excess collateral value

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