Dami-Defi Profile picture
Mar 5 15 tweets 4 min read
The Perp Dex narrative is one that will explode the next cycle.

@NEST_Protocol is positioned at just the right place to capture the demand.

Let’s see why this multipurpose Perp Dex is breaking bounds. $NEST #NESTFI
What I’ll be covering:

1️⃣ Potential of decentralized derivatives trading
2️⃣ How NEST’s Martingale network
differs from Traditional DEX
3️⃣ What problems Martingale network fixes
4️⃣ How Martingale network works
5️⃣ NEST INFINITE LIQUIDITY
6️⃣ Applications of Martingale network
1️⃣ Potential of decentralized derivatives trading

An explosive growth will be seen in decentralized derivatives trading.

Experts predict by the end of 2023, Perp Dex popularity will grow by 10x.
2️⃣ How does NEST’s Martingale network
differ from Traditional DEX and CEX

In Traditional DEX such as DYDX or GMX, market markers are the cost of the system.

There's more risk involved as orders have to go through the market makers and to the secondary market and vice versa.
Resulting in more costly transactions.

On NEST’s Martingale network, there are no market makers, instead buyers trade with the smart contract directly while hedging risk in an efficient way.

That's why NESTFi can offer 100% of the trading fee as commission.
3️⃣ What problems Nest’s martingale network fixes

On a current Dex, buyers buy from the liquidaty provider [risk transfer path] the smart contract then pays interest to the liquidity provider, all being more expensive and riskier before derivatives are generated.
On NEST’s Martingale network, buyers interact with a smart contract directly (risk sharing for all $NEST holders),
4️⃣ How Martingale network works

Users only need to trade with the smart contract
Let’s look at these 2 examples:

User 1:

To buy an option, user 1 needs to burn 1K $NEST to the smart contract.

After the burn of 1K $NEST, an ETH/USD put option will be generated.
User 2:

To settle an option, the smart contract will issue 0.4K
$NEST to user 2.

After an ETH/USD call option has been exercised, 0.4K $NEST will be issued.

In total, user 1 and user 2 burned 0.6K $NEST for the whole system.
$NEST tokens are deflationary, the more users trade with Martingale network the more $NEST will be burned.

All while reducing risk.
5️⃣ NEST INFINITE LIQUIDITY

$NEST Martingale Network will change the decentralized trading market.

As it offers infinite liquidity.

Information goes from the nest oracle to the martingale library (smart contract).

nestfi.org
Information then travels to Nest Craft where it offers futures, options, synthetic assets and index derivatives.

$NEST is issued to settle financial products, NEST is then burned to obtain financial products thus creating infinite liquidity for settlement.
6️⃣ Applications of Martingale network

NESTFi is a Decentralized Perpetual Exchange that
offers 100% trading fees as commission for referrers.

DYDX or GMX

All traders are real and has no miners.

Daily active users: 1K+
NESTFi has the lowest cost compared with CEX and current DEXs.

NESTFi doesn't spend on server cost, asset custody and liquidity support, it only spends of marketing.

That's why NESTFi can offer 100% of the trading fee as commission.
If you guys gained from that please :

Like, RT & follow for more 🙏🏽 #NEST $NEST

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