Currencies34286
Market Cap$ 3.90T+1.77%
24h Spot Volume$ 43.17B-15.2%
DominanceBTC58.34%-0.42%ETH10.82%+0.56%
ETH Gas0.22 Gwei
Cryptorank
Open report modalReport issue
Node Squared

Node Squared N2Price N/A

N2 Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Description

Node Squared provides you with exposure to top-tier node projects and allows you to earn monthly passive income through both bear and bull markets

Node Squared (N2) Chart

Node Squared price Index provides the latest N2 price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 4.91M

Max Supply

N2 10,000,000

Total Supply

N2 9,436,883

All Time High

$ 1.08

16 Jan 2022


All Time Low

$ 0.00269

18 Jun 2022

Trending Node Squared Fiat Pairs

What is Node Squared (N2)?

Node Squared provides you with exposure to top-tier node projects and allows you to earn monthly passive income through both bear and bull markets. Treasury funds go towards securing nodes from trusted projects (like STRONG and RING). Revenue generated by these nodes is directly distributed back to holders via perpetual staking pools.

Node Squared is a single point of exposure to every promising node project in DeFi. Node Squared takes inspiration from similar cross-chain exposure aggregator projects such as MultiChainCapital, but with a fixed income twist.

It works like this:

  • Each purchase and sale of N2 has a 12% transaction tax.
  • 5% goes to the Masternode Treasury.
  • 5% goes to ongoing development and marketing costs.
  • The Masternode Treasury purchases nodes based on the current status of the Nodemap.
  • The proceeds from purchased nodes are sold to ETH. This ETH is sent to a GYSR pool on a weekly basis.
  • Node Squared holders can stake their N2 in the GYSR pool to earn ETH directly — simple!
  • The final 2% in tax is distributed to N2 holders as passive reflection rewards — an additional incentive to hold and stake (NB: reflect rewards will be earned whilst staking $N2 in the GYSR).

Trending Coins and Tokens Flame icon