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· 3 min read
NEST Protocol


There are several dominant genres of philosophy among the participants in the blockchain world. Different genres have different expectations and beliefs. Participants follow these genres and put various labels to distinguish them. Over time, people in the community will gradually be tainted with certain characteristics, so that the style of the genre is further strengthened and enhanced, and gradually set down.


The most important of these genres is the principlism, also called Crypto Native or fundamentalist. Crypto Natives believe that blockchain exists as a first concept, and there are some basic principles and logical laws that need to be adhered to. Especially when it comes to guiding innovation, it is more efficient to stick to thinking and pursuing the essence than to blindly change.


Crypto Natives emphasizes logic, rationality, and atomistic analysis of blockchain, such as the various terms heard for computation, storage, and communication, as well as game equilibrium, mechanism design, such as incentive compatibility, and formal verification, zero-knowledge proof, degree of consensus, anti-attack cost, network effect, and so on. These basic concepts constitute the starting point of the Crypto Natives. For the Crypto Natives, concepts that are not clearly defined, conclusions that cannot be returned to their underlying concepts, and judgment criteria that cannot be quantified are the result of incomplete cognition. Therefore, they are characterized by strong theoretical and logical rigor, and is concerned with the evidence of the model rather than the integration of the patchwork.


In terms of originality, this genre is most likely to drive the innovation of blockchain, and eventually promote the improvement of industry-wide awareness. The drawback of this genre is also obvious, that there is often a large information threshold in terms of the design and presentation, therefore, it takes more time for the average person to fully understand them. Some of them are even paradigm revolutionary, which leads to less recognition at the beginning, many people will find them too abstract, too deep, or too theoretical, lacking some concrete description and highly communicative presentation. When the degree of innovation is too great, it is easy to be misunderstood or included in some negative setting. For example, when BTC was spread in China at first, it was easy to be regarded as something like postage cards.


Crypto Natives represent a certain underlying belief in the blockchain world: the defenders of decentralization. Sometimes it is difficult to grasp the scale of this faith, because of, on the one hand, the insistence on decentralization, and on the other hand, the temptation of user experience. However, these basic principles build the boundary between blockchain and traditional Internet. It can be said that if one day the blockchain world can rise up with a clear flag, only they can carry this flag. They are the 0 to 1 creators of the blockchain world and are the prime movers of the revolution. BTC, ETH and NEST are the typical examples of Crypto Natives.

· 6 min read

Reading through the official WHITEPAPER of the NEST project got me really excited in so many ways, the distinctive approach in which the NEST team took to solve some of the deficiencies in mainstream blockchain technology is to be applauded and appreciated by all cryptocurrency enthusiast.

One of the main information from the NEST protocol Whitepaper is that, Bitcoin is a digital asset, Ethereum is a functional asset and NEST is a stochastic asset, before we go further into anything else, let us first know some of the terms such as Stochastic asset, probabilistic virtual machine and stochastic computer that was used in the Whitepaper and what they mean.

Stochastic asset

We cannot deny the fact that Ethereum have so many functions that is very important to the future of the cryptocurrency Ecosystem as a whole, however there is still one place this great technology (EVM) is lacking. ETH is a functional/ information asset but it's potential for future revenue stream is finite, this is because the total number of ETH that will be available is 100 million. However, NEST token is a Stochastic asset which have infinite and continuous value. This means that the problem of introducing random variables and distribution transformation for on-chain programming has been solved.


It is common knowledge especially amongst crypto enthusiasts that most smart contract are run by the EVM (Ethereum Virtual Machine) this is because the EVM behaves as a mathematical function would, that means when Given an input, it produces a deterministic output. However the NEST protocol uses another type which is known has the PVM, this machine works as a distributed computing architecture from a probabilistic connected system that works as a single unit to process any high-end computing information. It is quite different from the EVM which is maintained by thousands of connected computers running an Ethereum client.

Stochastic Computer

Stochastic computing is a collection of techniques that represent continuous values by streams of random bits, what this simply means is that instead of solving the problem of asset value using arithmetic techniques like the EVM, it can be done using probabilistic technique (PVM) effectively expands the boundary of EVM and greatly it also shortens some financial products’ development process.

Now lets go to the next exciting phase of this article which is all about NEST coin and it's usage. NEST coin is essentially more complex than the ordinary information assets that are in the crypto ecosystem, basic knowledge of economics shows that the price of any coin is greatly affected by the law of supply and demand but when it comes to the NEST coin, there are three factors (game networks) that will affect the price which are the game between the offerer and verifier, the game between the token buyer and token seller and lastly the game between stochastic investor and the system. The game between the offerer and verifier is all about the process ensure the accuracy and verifiability of the information flow provided by the NEST oracle, offerers or bidders can also become miners in the system. The game between the buyer and seller is all about the economical game of supply and demand, this means that it is based on people's judgement about the future of NEST coin. The game between investors and the system, as was early stated in this article, NEST is a stochastic coins that runs with the PVM system, so Investors can select and customize stochastic tokens on NEST’s platform to meet their risk requirements, the system makes the gains and losses of the stochastic assets selected by the investors.

NEST coin is an asset that is applicable to a wide range of practical fields, for example data flows in the NEST system can be unified with NEST coin as the unit of value, which means that if the value of a stochastic is a particular value x at some point, then the address that owns the stochastic will have x NESTs. It can be used in Derivatives, parallel asset/stable coin, Bond and interest rate oracle, Borrowing and lending, probality coin and many others.


As stated before NEST as a stochastic asset can be applied in so many fields, in this section we are going to discuss some of them in brief details.

1) Futures: is a contract to buy and sell at a predetermined price at a specific time in the future, however since NEST asset is going to be at a probabilistic price at a specific time in the future. Anyone can make good profit from the NEST protocol future trade because of it’s easy and userFriendly interface, all you have to do is choose a probability range of time and then stake your NEST coin.

2) Option: with the NEST coin will allow investors to speculate on the future price of the coin using the probabilistic virtual machine system, there is the Buy and Sell option that can be used.

3) Win: This is an opportunity for people to play games as many times as possible, in order to earn some rewards and when you WIN you can withdraw to your desired wallet address.

4) Oracle: From my experience NEST oracle is the only truly decentralized oracle on the market today. The solution to price oracle that NEST got to offer is including collateral asset quotation, arbitrageverification, price chain, beta coefficients, and other modules to form a complete NEST protocol.

NEST Protocol Price Prediction

From all we have discussed in this article, it is clear that NEST Protocol creative solutions to some of the deficiencies of mainstream blockchain technology, such as the usage of probabilistic virtual machine PVM, based on basic functions, which will program stochastic assets, that applies to a large number of real-world scenarios. All these innovations will drive the price of NEST coin to unlimited heights.

At the time of press, the NEST coin is about $0.03122 even if the crypto market is not in it’s optimal state, which means by the end of 2022 there is a very good chance that NEST will hit $0.041 or around that price range.

By the year 2023 NEST will surely maintain its price range as more and more people continuing to get to know more about the many applications of NEST protocol.

There is no doubt that as the years roll by the NEST coin will see a steady increase that will bring it to the 1 dollar mark, that is why it is better to get in on the project while it is still in it’s early stages.

· 14 min read


NEST ingeniously uses a decentralized oracle to introduce random information flow and tokenism random information flow using the OMM mechanism, creating a large number of stochastic assets.

Based on fundamental operations, the NEST probabilistic virtual machine PVM can program stochastic assets, which is applicable to a wide range of real-world situations. As a result of the system supply converging due to an inbuilt cost mechanism, a new universal coin with an innate logic of price appreciation is created.

A unique new resource for the blockchain industry, the NEST currency offers a completely new development tool.

However, Ethereum also has a downside: all asset information is de-terministic (xis a deterministic variable). If we want x to be a random variable X, that is, the result of a random event determines the value of this variable X, it is uncertain before the occurrence of this random event,and we only have information about its distribution at most. In addition,Xis introduced into programming and calculation to obtain this random variable’s functional value F(x). Note thatF(X)itself is also a random variable, which is beyond the reach of the current EVM mechanism.


How do we incorporate random information and random information flow into the chain given that informationized assets and informationized asset program-ming are now a reality thanks to blockchain technology and Ethereum, as discussed in the previous chapter.

Stochastic Asset

When a random variable X is kept at a certain address, such as A, it signifies that address A is able to connect at a later time in accordance with the distribution of X. This link can be either data or value: for instance, when X equals a specific value x, the address will contain x units of an asset (a token). Tokenization of random variables is the name given to this value-based relationship. The system can identify a tokenized random variable as a stochastic asset by appending the token’s unit name to the random variable. Because there are a finite number of ETH tokens, tokenizing random variables is not possible because this would constrain the range of values that can be assigned to the random variable. Taking as an illustration a stochastic with a 1 in 1 billion chance.

It is undeniable that Ethereum performs a wide range of crucial tasks for the whole cryptocurrency ecosystem’s future, however this fantastic technology (EVM) nevertheless falls short in one key area. ETH is a functional and informational asset, but due to the 100 million ETH that will ultimately be made available, its potential for future revenue streams is limited. A stochastic asset with infinite and continuous value is the NEST token, though. This indicates that the challenge of adding random variables and distribution modification for on-chain programming has been overcome.

Computer Stochastic

What this essentially means is that instead of solving the problem of asset value using arithmetic techniques like the EVM, it can be done using probabilistic techniques (PVM). This effectively expands the boundary of the EVM and significantly speeds up the development process of some financial products.

Let’s move on to the article’s interesting next section, which discusses the NEST currency and its use. The NEST coin is substantially more sophisticated than the typical information assets found in the crypto ecosystem. Knowledge of basic economics demonstrates that the rule of supply and demand has a significant impact on the price of any coin, but when it comes to the NEST coin, this is not the case.

Computer Stochastic

What this essentially means is that instead of solving the problem of asset value using arithmetic techniques like the EVM, it can be done using probabilistic techniques (PVM). This effectively expands the boundary of the EVM and significantly speeds up the development process of some financial products.

Let’s move on to the article’s interesting next section, which discusses the NEST currency and its use. The NEST coin is substantially more sophisticated than the typical information assets found in the crypto ecosystem. Knowledge of basic economics demonstrates that the rule of supply and demand has a significant impact on the price of any coin, but when it comes to the NEST coin, this is not the case.


It is well known, particularly among crypto aficionados, that the majority of smart contracts are executed by the Ethereum Virtual Machine (EVM). This is so because the EVM functions like a mathematical function, which means that given an input, it generates a deterministic output. To process any high-end computing information, the NEST protocol uses a different sort of machine known as the PVM. This machine functions as a distributed computing architecture from a probabilistic connected system that functions as a single unit. It differs significantly from the Ethereum Virtual Machine (EVM), which is operated by hundreds of connected computers running an Ethereum client.

By sharing this content, you can really help me get the word out about this NEST Protocol (NEST) white paper.

Please feel free to post your inquiries in the comment section if you have any queries about the NEST Protocol (NEST), require any additional information, or have any special requests.

White Paper Link: NEST Protocol (NEST) White Paper


NEST 4.4 is the most recent version of the software. When compared to earlier versions, NEST4.4 has the following new features:

•Better methods: One can now start the price information flow for more than ten different assets in a single smartcontract, allowing for the price offering of several assets. Gas costs can be significantly reduced in this method. Information uploading now works much more effectively.

•Improved economic models: cancel the quotation commission fee. It is currently also free to call the quotation pricing from NEST. The mint production has since been cut in half, to 1/6 of what it was. The rate of circulation growth is less than 3% each year. These modifications will eventually ensure that NEST’s value will rise. NEST won’t number more than 3,000,000,000 in total (3billion). The pricing information offering threshold is only lower.

Participants in the NEST protocol are as below:

Price Makers: The participants who submit price quotations to the protocol.This includes miners who quote prices for mining and verifiers who completethe transaction and quotation.–Miners: Providing quotations to receive NEST (ERC-20 Token). Minersare denoted asO, and anyone can become a miner.

Verifiers: If the quotation price deviates from the market price, the verifiercan trade a quoted asset at the quoted price to earn revenue. The verifierneeds to “force” a quotation at the time of the transaction and does notneed to pay a commission nor participate in mining. Verifiers are denotedasA, and anyone can become a verifier.

Price Callers: The contract or account that “calls” the NEST protocol quota-tions and pays the fee is called a price caller. Price callers are denoted asC.Any contract or account can become a price caller, but this will generally bereserved for other DeFi protocols and institutions


Derivatives: Futures and options are the most direct beneficiaries ofthe NEST system. Since the contract is the only seller, the crore-sponding derivatives can be offered as long as the demand parameter sand the corresponding expected values are provided. For example, if someone needs a call option based on ETH/USDT, the strike price and strike date need to be entered to get the cost calculable, and the option can be exercised at expiration according to the conditions set.

Parallel Asset/ Stable coins: Based on the price system, parallel assets representing arbitrary price information flow can be generated, and their earnings are consistent with the original assets. For example,PBTC, PUSD, P ETH, etc., the flow of price information generated in this way can be duplicated by collate ralizing the NEST or the assets accepted by the system, or it can be produced based on the cover-gence algorithm (supported by the system’s interest rate oracle), but the cost paid must be guaranteed to match the generated assets.

Bond and interest rate oracle:The system can create an endogenous bond reflecting the time value of NEST that responds to the overall supply and demand , which can also be understood as an interest rate oracle. The interest rate is a system-level variable


1) Futures: A futures contract is an agreement to buy and sell an asset at a fixed price at a specific future date; however, the price of the NEST item at that day will be probabilistic.

2) Alternative: Using a probabilistic virtual machine technique, investors will be able to speculatively predict the price of the NEST coin in the future.

3) Win: If you play the games at least five times, you can collect rewards, and if you win, you can withdraw your winnings to the wallet address of your choice.

4) Oracle: Essential features of Nests oracle are as follows: First, it isentirely permission less and open to quotation, so anyone can participate in the quotation and form a price on the chain. The second is on-chain verification. NEST prices must be verified on-chain rather than off-chain,which is the key to Nests design. NEST is designed based on security and robustness, which enables everyone to change and influence the generation of prices on the chain. At the same time, it makes the price information converge to the equilibrium price under the protection of the mechanism. Nests offering for the price oracle involves arbitrage and the inclusion of collateral asset quote.

The entire NEST protocol is made up of modules for verification, price chain, beta coefficients, and other components.

From everything we’ve covered in this post, it’s evident that NEST’s innovative approaches to some of the shortcomings of mainstream blockchain technology, such the use of probabilistic virtual machines,

Stochastic assets can be programmed by a machine using PVM, which can be used to many different real-world settings. These new developments will raise the price of the NEST currency to unimaginable heights.

Oracle price data must meet the following key requirements:

Accuracy: The price data on the oracle should truly reflect the market price.

Price sensitivity: The price data on the oracle should react fast enough to market movements.

Attack resistance: The cost of distorting or affecting the real price is extremely high for any attackers.

Direct verification: The verifier can be any third party, and no centralized review or threshold is required.

Distributed quotation system: no centralized review or threshold is required,and anyone can freely join or leave at any place and at any time.


Today I will discuss the NEST Protocol Price Prediction for 2022, 2025 and 2030 based on the below notion. The price of a cryptocurrency is one of the most important factors to consider.

Cryptocurrencies have been a big hit and, at the same time for some users, a loss situation paradigm. So, traders and investors always looking for forecast prices down to the smallest detail and want to know the answers of these frequently asked questions, Is NEST Protocol (NEST) a good investment? how much will NEST Protocol be worth in 2025 or how much will NEST Protocol be worth in 10 years.Investing in any crypto on a long and short-term basis will be discussed deeply.

NEST Protocol Price Prediction

NEST Protocol Price Prediction 2022

Volatility drives the cryptocurrency market. Today, it is not easy to forecast and keep up with the current pricing. Many crypto analysts come into play in this regard. The pricing forecasts are correct for the mentioned years. Crypto consumers are still concerned about the crypto bans and new restrictions. NEST Protocol price may cross $0.047 if the market sees a good bull run in 2022. Given that it is expected to be held by long-term investors, its average price for 2022 will be around $0.042.

NEST Price Prediction 2023

For long-term NEST Protocol price predictions, basic analysis is essential. In terms of industry benefits, the native token offers a few. The digital economy’s autonomy makes it ideal. As DAPPs and stable coins develop, the network offers competitive programmable payment, logistics, and storage options. There is a chance that the average price of NEST will rise to about $0.061 by 2023 if more investors are attracted to the idea.For 2023, the year can end with an maximum price of $0.070 with a minimum price level of $0.059.

NEST Price Prediction 2024

A seamless approach to this currency may be found on many websites and forums. In the opinion of this prediction platform, NEST Protocol will steady at its current price for a very long time to come. By 2024, the NEST is expected to be worth a maximum value of $0.10. The minimum price can go up to $0.086 if the market gets bullish.

NEST Price Prediction 2025

NEST will be seen as a better option, and with the huge community NEST Protocol price will touch new highs. The price fluctuations are hard to predict, especially if the market is more bullish OR bearish than ever. For the year 2025, the price of NEST Protocol will be almost $0.13. The maximum price that we can get is $0.15. NEST Protocol average price forecast at the end of 2025 can be around $0.13. A huge price turnover is expected within the range defined by the crypto market.

NEST Price Prediction 2026

The NEST Protocol value will increase because of the efforts of the network developers and community investors. Therefore, the calculated price for the year 2026 is bullish. NEST was anticipated to touch a maximum price level of $0.22 by the end of 2026, according to analysts. On the other hand, it is highly optimistic that the NEST Protocol’s future will ultimately grow. Therefore, the predicted average price of NEST will be around $0.18 to $0.18 is expected in 2026 depending on the market. As stated in the same slogan, the NEST’s maximum price ranges from $0.18 to $0.22 for 2026.

NEST Protocol Price Prediction 2027

NEST have huge potential, with certain collaborations and innovations may increase the number of users and adpotion. If the market concentrates on investing in NEST Protocol, the price might rise much higher. By 2027, it can reach a maximum value of $0.31. It is expected that the NEST will turn around a little bit if the market goes down. The year 2027 can end with an average price of $0.27 with a minimum price of $0.26 and the maximum price of $0.31.

NEST Protocol Price Prediction 2028

In 2028, with more adoption and partnerships between other important blockchain networks, the price of NEST Protocol would sky rocket, the maximum trading price may reach $0.45 in 2028. The price ranges are going to be very trendy if we keep it that way. If everything goes well, we can expect an average price of $0.39 with a maximum price of $0.45 for 2028

NEST Price Prediction 2029

There are signs that the crypto market is about to enter a new age. Certain that the long-term price prediction for Nests price will soar since there is still optimism that the currency will attract much more attention. The year 2029 can end with an average price of $0.58 and a minimum price value of $0.56. The maximum price is expected to be trading around $0.66.

NEST Protocol Price Prediction 2030

NEST Protocol present price range might interest many traders and because of this, NEST can reach $0.97 by 2030 with substantial cooperation with financial institutions if the following requirements are satisfied.With an average price of $0.83 for 2030, it can beat the latest price trend to reach new highs. The price tagline can vary as the crypto market can see another bullish trend on its way to 2030.

NEST Protocol Price Prediction 2031

It appears that by 2031,NEST Protocol (NEST) prices will have reached a level similar to their previous all-time high.By 2031, We may expect an average price of $1.17. If everything goes smoothly, we predicted the maximum price of NEST Protocol could be up to $1.38 in 2031. Of course, there are chances that the market will dump after a long bull run and It is normal for cryptocurrency market.



· 5 min read


Hello everyone, I am Rohan Verma , the author of this story which is based on the sweet and spicy relation between Nest Protocol and myself. Firstly i would like to explain about the Nest whitepaper which will be followed by Understanding of the Nest Token , Its application and lastly will talk about the future of Nest Protocol. I have divided my story in Four parts for easy understanding of the points.

PART - 1

Stochastic are modeling forecasts that help people to make decisions and invest in financial products. the probability of various outcomes under different conditions, using random variables is the basic concepts behind Stochastic. In the financial services sector, planners, analysts, and portfolio managers use stochastic modeling to manage their assets and liabilities and optimize their portfolios. Probabilistic Virtual Machine (PVM) is a deflationary system. It acts as the virtual machine which is the bedrock of NEST entire operating structure. It is considered to be the part of Nest that runs execution and smart contract deployment. PVM is very useful in financial derivatives products. THE PVM follows the formula E(X)≥ EF(X). With the help of these functions i can surely tell that NEST is trying to solve the problem that ETH couldn't have done.


PART - 2

Majorly the price of any cryptocurrency is set by the ratio of the buyers and sellers but in nest the price is according to the game network which is an part of the Nest Mechanism.The games network is divided into three aspects: A. Offerer and Verifier B. Buyer and Seller C. Stochastic investor and the System


By using this the risk is shared among all token holders. In Offerer and Verifier, a price is offered to the Nest Oracle which is not equal to the market price and is arbitraged by the verifier. This helps tk maintain accuracy and verifiability of the provided information. The bidder are also awarded with nest token and so they become nest miners. Between the buyer and seller is same like buying and selling. Between the investor and buyer, the investor customize stochastic tokens to meet the risk requirements. The risk in holding nest for long term is very less as the supply is getting less day by day and so there will be limited supply.


USAGE of NEST TOKEN- 1.We can take part in Nest Application where we can open an future or options positions and earn money from it. 2. Participate in lottery system (WIN) and there also earn money. 3. Stake our Nest token with Attractive APR. 4. Mining of Nest token can be done.

PART - 3

Nest Protocol has many uses and some of its application like Future, Option, Swap and Win can be used by accessing its website ( banner

I have used the Nest Future trading and earned Profit from it. Its very simple to use and anyone can try it with any number of Nest token. To play Nest future we just need to select either long or short and then the leverage range and the amount of nest that we are planning to use. After this we need tk approve the transaction and our futures position is opened. I have also tried the Win game and lost there a couple of times but overall had a fun. To play Win game we need to select the probability range , the Bet amount. After approval of the transaction wait for the results and if we win it then we need to claim the reward and enjoy our profit. We can also use the Swap feature and swap our NEST token to USDT whenever needed. banner

Overall i really like the Win Game as it has a 90 percent probability of winning. Any newcomer can easily take part and win a lot of money from these games.

PART - 4

The Future of Nest Protocol is as bright as the SUN. With a Strong Backend Development team and a visionary leader Nest will surely be a Project that will be looked upon by several others. It has been a long time since i am with Nest Protocol and till date i have only seen the project rise and touch new heights. banner

In the coming weeks we can surely see Nest as an Market leader in Oracle and will definitely set an benchmark for all the other Oracle and PVM project. With the limited supply of NEST token I think that it would soon be under the eyes of institutions buyers and we could be going to the moon anytime soon. As we slowly move ahead i expect to see many more and unique Nest application which will change the way we see cryptocurrency.I would also personally like to see the ATH of NEST in the coming months.

My wishes are always there with Nest Protocol. LFG.❤️🚀


· 3 min read
NEST Protocol


Based on the idea of game theory and the previous article, we can look at some projects in the industry by gradually increasing or decreasing the constraints.the completely open non-cooperative game that can achieve general equilibrium is the BTC/ETH(PoW)/NEST category, i.e., no threshold review is required, and it is completely open.Under this category, there are two kinds of partial equilibria: PoS/DPoS chains and consortium chains.

PoS/DPoS chains

First of all, PoS/DPoS chains essentially conducts a large-scale election first, through which all people participate, and then the nodes generated by the election play the game package. Once the node is selected, it is a local game in a given time. This structure is equivalent to splitting the process into two parts, the first part of the game out of the agent, and the second part of the game out of the block. This bipartite structure is still a local equilibrium in a given time, so the external information transfer to the block is split or even separated. This architecture, although not as direct as the consortium chain, is essentially similar to the consortium chain: it is impossible to get the real equilibrium assets.

Consortium chains

Consortium chains, on the other hand, require the participation of nodes to be determined by means of auditing, and not everyone can go for a round of electoral gaming. This structure necessarily determines the localization, alignability and manipulation of the results, which means that instead of positioning itself as a brand-new risk-return structure (equilibrium asset) in the general equilibrium sense, it is trying to solve certain application problems with a different data structure. We don't need to include the consortium chains in the blockchain category at all, I think it's just another server composition solution, even with the so-called Coin.

Private chain

The worst one is the so-called private chain, which avoids gaming altogether and keeps the general data structure of the blockchain, which no one would think has much advantage over a centralized server at this point, and in fact has even more disadvantages. This structure I think is extremely specific in its use and is out of the scope of our discussion.


When discussing Blockchain Game, there is one principle that is more important: if there is agency risk or centralized trust in any part of the game, the equilibrium of the whole game is bound to be distorted and thus eventually evolve into a traditional enterprise model, thus making it impossible to apply the valuation model to equilibrium assets, and the two cannot be compared. In this regard, just like people cite BNB and BTC, even people who do not know finance will not think they are the same kind of asset.

· 4 min read
NEST Protocol


Some people talk about Bitcoin with a tone of contempt: " What's the use of this thing? It's hype, it's gambling, but I'm not against blockchain technology, blockchain technology is good." It seemed like he knew a lot about bitcoin or at least understood blockchain technology. I understand how they feel, because it's impossible to define the value of bitcoin in terms of the utility system. But it's very funny to affirm blockchain technology in a way that denies bitcoin. Blockchain technology is understood by them to be a mysterious system of code that guarantees that data cannot be tampered with, a system that is entirely mathematical and not related to gambling or speculation. Therefore, if I tell him that without game, blockchain is worthless, or even a small data structure topic for a junior high school algorithm researcher, they will definitely be reluctant to accept it

What is the innovation of Bitcoin?

Actually, whether or not the data structure is combined in a chain and block fashion is not the real innovation of Bitcoin. The innovation lies in the construction of such a completely decentralized game, or non-cooperative game, and the algorithms that ensure that this game is conducted in an orderly fashion. There is no mysterious technology that can automatically guarantee the authenticity of data without a trusted agent (even the so-called zk, which requires proofs and storage nodes), and we cannot go beyond the authority, center, or trustor to guarantee that the data or information is untamperable, except for the equilibrium formed by the game.

What is consensus value?

This game is dynamic, round by round, but requires that the gamers (game participants) in a new round accept a t least some already existing local equilibrium and synchronize the results of this round to the equilibrium. Each gamer does not know the size of the equilibrium it is in until external demand information is passed in for a round of correction. When all the gamers are rational and keep feeding back and correcting in the repeated game, it is probable that they will eventually converge to a unique general equilibrium, which is the so-called consensus value, and also the so-called longest chain or the highest arithmetic chain.

What is equilibrium asset?

This process evolves and becomes more and more stable and "generalized" (i.e., a general consensus), i.e., each gamer and each holder gradually reach a consensus expectation and influence each other. In such a game model. Bitcoin actually has many equilibrium splits, which is also referred to as fork events. However, as the depth of information diffusion increases, the probability of such splits will become lower and lower. Even if one day an irrational gamer tries to monopolize the arithmetic and attack the blockchain, it will still be futile due to the inability to obtain a consistent expectation of external demand: arithmetic does not take precedence over equilibrium, and equilibrium must affect arithmetic. When Bitcoin achieves equilibrium, it becomes a whole new risk-reward structure - an equilibrium asset. Given a game type, I think there is only one general equilibrium and the others are partial equilibria, so Bitcoin and Litecoin, one is a general equilibrium and one is a partial equilibrium, and so is Ethereum and other public chains.

NEST is an equilibrium asset

For the DeFi project, one important information is the price of the assets on the chain. And there will be only one most appropriate price quotation at a certain point in time if the price quotations are formed by game theory. Currently, the only blockchain price oracle that uses non-cooperative game theoretic equilibrium to form prices on the chain is the NEST Oracle, which is an important part of the NEST Protocol. NEST Oracle adopts market game theory, synchronizes the price information from the off-chain market to the on-chain by means of miner quotes, and combines with NEST mining mechanism to provide incentives to miners, making it a logical closed-loop distributed quote system. And therefore, NEST is also an equilibrium asset.

· 4 min read
NEST Protocol


Due to Ethereum merge and the move from PoW to PoS, the ETH staking ratio of Ethereum 2.0 has steadily risen over the past few months and is now at 11.8%. Over $23B ETH is being staked at a 5% APY. These staking ETH will act more like a bond that can earn a certain amount of ETH without risk. With the success of the ETH 2.0 merge, which is a major milestone, the staking industry may prosper further. Perhaps we’re not too far away from the Financial Times comparing staking yields to those of treasuries, bonds, and dividend stocks.

This article will explain the necessary knowledge of staking and provide methods for finding staking projects.

What is staking?

The concept of staking originates from PoS, which refers to the behavior of obtaining benefits according to the rights and interests owned by participating in activities such as voting and verifying blocks in PoS/DPoS coins.

This is the essential difference that the incentive of staking is realized by the contract, not from other traders. The staking token economic has the property of inflation.

How does staking works on POS?

Whereas the possibility of finding a new block in PoW coins depends on the miner’s computing power, the possibility of finding a new block in PoS(proof of stake)depends on how many coins the validator is holding.

DPoS (Delegated proof of stake) is an extension of PoS distributed consensus. With DPoS, the holders of assets don't validate new blocks. Instead, they delegate their stake to a block validator of their choice, who shares the rewards with the delegators (stakers), according to the size of their deposits. The delegates are chosen by combining random selection and staked wealth, like in the PoS blockchains.

In POS or DPoS, the security of the chain is positively related to the number of staking tokens. This is because the greater the number of staking, the more difficult it is to collect enough coins in the market to attack the system. As for validators, security is guaranteed from economic punishment(called slash, deducting the collateralized token if there is malicious behavior) and the consistency of interests(The more token I have, the less I want the system to lose money).

Of course, the staking ratio is not as high as possible, because this will reduce the circulation ratio, which will affect the development of ecology.

What is the value of Staking?

Get benefits higher than the loss of system inflation. Additional tokens are issued through staking, and part of holders participate in staking will obtain all the benefits. This will be a good option for the guys holding coins.

Continue to create value transfer. Those who participate in staking receive income from it, but the value of the tokens of those who did not participate in staking during the same period is diluted. This will drive the holder to actively participate in the other application of the system to get higher profit. Broadly speaking, part of the token’s future value has been transferred to the present.

Industry map:

staking industry

Data providers: They collect and process staking information.

Node Operator: The operator that runs the node on the blockchain. They need to use devices to run the client side of the chain, stay online, and maintain the consensus of the blockchain.

Liquidity staking providers: The providers receive tokens entrusted by users and use them to obtain the benefits of participating in staking projects.

Staking project: Crypto projects can be divided into two types according to the main value of staking to the system:

  1. Maintain system operation: token and staking are indispensable to the system, including all POS/DPOS public chains and some protocol. The APY of this type is lower than 20%, and staking ratio is lower than 80% usually.
  2. Incentivize token holdings: token or staking are not indispensable to the system, including some governance coins’ staking. Staking can well control the market circulation and maintain the token price. It will have higher APY and higher staking ratio relative to the other type. The higher the APY, the higher the risk.

What are the factors that determine the APY?

Reward(APY) = Incremental quantity / Staking quantity = Inflation Rate / Staking Ratio.

The APY of staking is not constant over time, and decreases when the stake share rises or the inflation rate decreases. This formula also does not take into account the impact of market price and additional issuances on the actual token value, nor does it take into account the Liquidity staking providers' share of reward and the loss of slash.

How to staking?

  1. Find projects with high APY
  2. Find Liquidity staking service providers
  3. Start it!

· 2 min read

On Monday, Coinbase, a leading American cryptocurrency exchange, announced that it would list six tokens on its system as a part of Coinbase's "roadmap" for listing new tokens.

Six Tokens Ready For Listing On Coinbase

The exchange announced that it would list Raydium with five other currencies based on Ethereum: Celer Network, Nest Protocol, Stargate Finance, SuperRare, and TE-Food. According to Coinbase, the exchange may reverse moves to list them. Consequently, the trading platform advised prospective investors to hold off on making purchases or selling any tokens until they list the assets on the market. Before listing a cryptocurrency, Coinbase claimed that it does not consider the token's market capitalization or popularity. Coinbase states that some conditions must be met before a token can be listed, including meeting its "standard for legal, compliance, and technological security." The cryptocurrency exchange further stated that if a token does not match the conditions, it would not be listed. The absence of sufficient information on the asset is another factor that could prevent a token from being listed when users anticipate it. It is also important to note that Coinbase may remove listed tokens if they fail to meet the criteria.

Nest Protocol Now Listed As "Experimental Asset" On Coinbase

The native token of the Ethereum-based price prediction platform, Nest Protocol ($NEST), has been added to Coinbase's list of experimental assets. New assets and assets with little trading activity are referred to as experimental assets on the Coinbase platform. These assets can be located in the platform's Asset Directory.


· 7 min read
NEST Protocol

Blockchain innovation defined the major part of the last decade, with cryptocurrency disrupting centralized systems, particularly in the global financial market. Decentralized systems, such as blockchain, function due to their transparent, open, and trustless systems It is crucial that there is no external or third-party influence in order to put up a truly decentralized system. It is critical to highlight that any external influence in blockchain transactions invalidates the blockchain’s fundamental principle of decentralization.

According to CoinTelegraph, Smart Contracts enable trusted transactions to be carried out on the blockchain without the involvement of a central authority or a third party. It is worth mentioning that it aids in the automation of tasks that would ordinarily necessitate the use of an intermediary or “Central Authority.” The idea of smart contracts is that they automate transactions, ensuring transparency and openness for all parties involved.

Despite the efficiency of smart contracts, real-time off-chain data is required for transactions to be completed. Oracles enter the picture when there is a need for real-time off-chain data. According to Cryptopedia, Oracles are protocols for smart contracts in the blockchain industry to interact with external data. Oracles can be used to gain access to various data for smart contracts to act on. However, the existing Oracle structure violates the core principle of no third-party system since oracles might influence transactions due to the sensitive market information they provide to smart contracts. In this article, we will discuss the necessity of openness for Oracle protocol and how the NEST protocol is working to establish a decentralized Oracle structure.

The TERRA storm is still ongoing, causing damage not only to its own ecosystem but also to others. According to Venus Protocol and Blizz Finance, both protocols lost assets as a result of Chainlink halting the price feed for LUNA at critical times. “Today, we became aware of incorrect price behavior for LUNA on Venus Protocol,” said the Venus Protocol in an official statement. Following an examination, it was discovered that Chainlink had suspended the price feed due to extraordinary market conditions.” Venus protocol lost up to $11 million as a result of the price feed pause.

Part 1

The underlying issue with centralized protocols is that they cannot assume complete responsibility. When everything goes smoothly, centralized protocols reap the benefits (much more than they deserve given the current level of risk); when things go wrong, they refuse or are unable to accept full responsibility, placing users at risk.

Centralized Oracles, such as Chainlink, must accept responsibility for the information they provide to their users as a centralized oracle protocol. As a matter of fact, they have several different types of censorship that have been introduced.

Chainlink censors which tokens can join its quotation system; for example, it is difficult for a starting protocol to obtain Chainlink’s service because Chainlink may consider the early-stage protocol too risky, or simply because the token of this early-stage protocol is not listed on any exchange, and thus there is no reliable off-chain price.

Chainlink censors its nodes. According to Chainlink Market, there are currently 356 nodes for Chainlink, of which 75 are designated data provider nodes. This means that the entire quote system is built around these nodes.

Chainlink censors the prices of the nodes: Chainlink aggregates the prices collected from nodes in its own way.

As we can see, all of these censorships are in place to safeguard Chainlink from potential problems if the quotation service fails. Another form of safeguard exists; for example, as previously noted, when the price of LUNA fluctuated excessively, Chainlink suspended the price feed for its customers.

To summarize, one centralized oracle, such as Chainlink, will supply pricing information reflecting its will, which may or may not be similar to the true market price.

Part 2

The oracle must be open and decentralized. It should not be decided which token should be involved, which node should supply the information, and which information should be chosen or ignored. The centralized oracle is consistent with the classic web2 scenario in which the user does not have complete control over his or her asset (again recall the loss of Venus protocol and Blizz Finance). However, we are approaching the Web3 era, in which an open oracle is required, and this openness requires two conditions.

the quotation price should be verified on-chain.

  • An open oracle should incentivize its miners to feed price

  • When one miner reports the incorrect price (rather than the market price), the verification procedure begins, and the miner loses the asset. Surely the verification procedure should be on-chain and not controlled by some centralized nodes. And non-cooperative game is an idea solution where any one can participate.

  • The verified price cannot be preserved because it is highly likely to be incorrect. Validators must always correct the price in order to assure price continuity. This mechanism will help build a price chain, and like the blockchain, will form a chain of evidence that cannot be tampered with.

Resistant to attack.

To prevent malicious attacks from tampering with the correct price, hackers must find it difficult to get access to the system. An open oracle forces hackers to battle against the entire network, raising the cost of an attack. This game system is a fully functional Oracle network. Several projects have attempted and failed to achieve the objective of building a transparent and trustless decentralized oracle. However, NEST does an excellent job of meeting the requirements for an open Oracle protocol.

Part 3

NEST is a decentralized oracle system that uses an on-chain verification mechanism to allow for real-time price verification. For example, if a “wrong” price appears on the price feed and an arbitrage opportunity exists, the verifier must feed in a new price to benefit from the arbitrage. The on-chain verification process would get the final price so close to the market price that arbitrage would be nearly impossible. It’s worth mentioning that the verifier must submit a new quotation with asset scales that are twice as large as the recently traded transaction; the verification cost doubles every time this happens.

The NEST protocol is essentially attempting to address the inadequacies of protocols such as Uniswap v3, in which liquidity providers incur temporary loss when supplying liquidity to the pricing pool. NEST stands apart from the pack in part because it includes an algorithm that can identify the price of the attack from the price of market fluctuations. This issue has previously plagued multiple Oracles, causing several DeFi projects to lose money. On May 9, 2022, DeFi protocol Fortress lost all funds in an oracle price manipulation attack. With multiple attacks and hacks as a result of oracle manipulation, the value of an open decentralized oracle cannot be overstated.


A decentralized open oracle network does not need to trust nodes at all and there is also no need for censorship. Innovative protocols, such as NEST, advocate for the adoption of on-chain verification mechanisms for price feeds in order to protect DeFi projects from malicious attacks. It is also worth noting that NEST price feeders have received effective incentives and rewards, forming a non-cooperative game network on the chain, similar to how BTC and ETH work. There is a need to maintain the fundamental principles such as openness, transparency and trustless systems on which blockchain was built. NEST appears to have positioned itself as a decentralized oracle protocol that provides onchain verification mechanism.

Please keep in mind that this is a personal opinion and does not constitute investment advice. All images in this article are sourced from the internet.

· 3 min read
NEST Protocol

NEST Protocol is delighted to announce a strategic partnership with UTU.ONE, the world’s first mobile app that provides a full suite of DAO governance tools. UTU.ONE values the uniquely secure way that NEST Protocol brings real-world price data into the DeFi ecosystem.

The two brands both respect the user’s privacy and security of their assets; therefore, we have sahred a tacit understanding at a very early stage on protecting every account’s equity and security by using authentication systems.

The strategic partnership will fuel the growth of companies by utilizing the UTU.ONE. Today’s partnership aims to make a foreseeable and significant value boost to reach a positive impact on the NEST ecosystem. Meanwhile, the completed integration with NEST Protocol will bring a secure and verified distributed oracle network to power the rapidly growing DeFi at UTU.ONE.

It enables the two companies to continue paving the future of Web3 blockchain projects by building and solidifying an essential infrastructure to further develop the communities’ ecosystem. The deep collaboration of high-throughput decentralized oracle technology with DAO governance and NFT marketing platform will fuel the next wave of blockchain adoption.

“A sustainable success of a blockchain initiative always requires a strong security and an effective connection between on-chain and off-chain world. UTU.ONE and NEST Protocol, we have faith in mutually creating a positive and beneficial synergy for the communities of crypto users.”

— Stephan Zhang, Co-founder @ UTU.ONE

“As more and more Dapps integrate with NEST Oracle’s DeFi use case, there is a significant increase in user demand for accurate on-chain data. We are excited to support “positively disruptive” projects like UTU.ONE. The partnership is a historic step towards Web 3.0 and will provide confidence to the crypto community.”

— James Zhao, Co-Founder @NESTProtocol


UTU.ONE is the world’s first mobile app that allows anyone to create their DAOs and participate in other communities’ success. Its key innovations include a well-designed token economy system that interconnects gated communities, an integrated payment system to facilitate trades using fiat money, a community-owned NFT marketplace and revenue share, and a full suite of DAO governance tools.

You can understand that UTU=DAO + Opensea + Metamask + Uniswap + DeFi + Discord + Twitter. UTU.ONE aims to scale the benefits of DAOs to the masses and realize the real sharing economy among each user.

Join UTU.ONE’s community:

Website | Twitter | Telegram | Instagram

About NEST Protocol

NEST protocol is a decentralized price oracle network that solves the price problem on-chain through a decentralized incentive scheme. NEST Protocol is deployed on multi-chain, including Ethereum/Polygon/BNB Chian, and is powered by NEST token. With a unique quotation mining mechanism, the NEST protocol provides an on-chain generated price data solution — a distributed incentive scheme for the industry problem of a lack of price facts on the blockchain. NEST has many pioneering features; highlight includes collateral asset quotation, arbitrage verification, price chain, beta coefficients, and other modules to form a complete NEST-Protocol.

Join the NEST community:

Website | Twitter | Telegram | Medium