Peanut, with its symbol NUX, introduces a highly innovative and secure decentralized protocol designed specifically for peer-to-peer over-the-counter, or OTC, trading. This platform addresses many of the challenges inherent in traditional OTC markets by leveraging blockchain technology to facilitate private, secure, and flexible off-chain cryptocurrency deals that are ultimately settled on-chain. Peanut allows users to create highly customized trading agreements for a wide array of digital assets, moving beyond the limitations of standard exchange order books. A key advantage of using the Peanut protocol is the elimination of common trading pitfalls such as slippage and front-running. Trades executed through Peanut maintain their agreed-upon price, ensuring that both parties receive exactly what they expect without unexpected price deviations. The protocol achieves this through the use of robust smart contracts which act as secure escrow mechanisms, holding funds until all conditions of a deal are met. This trustless environment removes the need for reliance on centralized intermediaries, enhancing security and privacy for participants. Users have extensive flexibility in defining their OTC deals, specifying everything from the exact token pairs and amounts to precise pricing, expiration times, and even the specific counterparty for private arrangements. The NUX token is the native utility and governance token for the Peanut ecosystem. Holders of NUX play a crucial role in the decentralized governance of the protocol, participating in decisions regarding future developments, feature enhancements, and fee structures. Beyond governance, NUX offers practical utility within the platform, including eligibility for reduced trading fees and potential staking rewards, incentivizing active participation and long-term commitment from its community. Peanut is built for multi-chain compatibility, supporting a growing list of major blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Arbitrum, Optimism, Avalanche, and Fantom, ensuring broad accessibility for both individual traders and institutional entities seeking a reliable and efficient OTC trading solution. The protocol s commitment to trustless execution and user control positions it as a significant advancement in the decentralized trading landscape.
Peanut [NUX] is a token based on Ethereum, BNB blockchain. The most actual price for one Peanut [NUX] is $0.003292. Peanut is listed on 3 exchanges with a sum of 3 active markets. The 24h volume of [NUX] is $97 071.84, while the Peanut market cap is $0 which ranks it as #7539 of all cryptocurrencies. You can find more information about Peanut [NUX] on peanut.trade
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Hardware wallet | Yes |
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Website | peanut.trade |
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Wallet | Coins Mobile App |
Asset type | Token |
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Contract Address |
Explorers (2) | etherscan.io bscscan.com |
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Tags |
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How to buy Peanut? How can I buy the Peanut coin? Peanut stock how to buy? How to get Peanut?
To find out where you can buy currency Peanut see the list of available exchanges.
Where to trade Peanut?
Click here to see the list of available exchanges for Peanut.
Peanut, with its symbol NUX, introduces a highly innovative and secure decentralized protocol designed specifically for peer-to-peer over-the-counter, or OTC, trading. This platform addresses many of the challenges inherent in traditional OTC markets by leveraging blockchain technology to facilitate private, secure, and flexible off-chain cryptocurrency deals that are ultimately settled on-chain. Peanut allows users to create highly customized trading agreements for a wide array of digital assets, moving beyond the limitations of standard exchange order books. A key advantage of using the Peanut protocol is the elimination of common trading pitfalls such as slippage and front-running. Trades executed through Peanut maintain their agreed-upon price, ensuring that both parties receive exactly what they expect without unexpected price deviations. The protocol achieves this through the use of robust smart contracts which act as secure escrow mechanisms, holding funds until all conditions of a deal are met. This trustless environment removes the need for reliance on centralized intermediaries, enhancing security and privacy for participants. Users have extensive flexibility in defining their OTC deals, specifying everything from the exact token pairs and amounts to precise pricing, expiration times, and even the specific counterparty for private arrangements. The NUX token is the native utility and governance token for the Peanut ecosystem. Holders of NUX play a crucial role in the decentralized governance of the protocol, participating in decisions regarding future developments, feature enhancements, and fee structures. Beyond governance, NUX offers practical utility within the platform, including eligibility for reduced trading fees and potential staking rewards, incentivizing active participation and long-term commitment from its community. Peanut is built for multi-chain compatibility, supporting a growing list of major blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Arbitrum, Optimism, Avalanche, and Fantom, ensuring broad accessibility for both individual traders and institutional entities seeking a reliable and efficient OTC trading solution. The protocol s commitment to trustless execution and user control positions it as a significant advancement in the decentralized trading landscape.
Peanut is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the value of Peanut coin?
1 Peanut is worth $0.003292.
To get price and historical data for Peanut coin, use API ID: nux-peanut-bep-20 for endpoints at http://api.coinpaprika.com.
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