NEST Protocol is a distributed price oracle network that was launched on the Ethereum mainnet in December 2018. It uses a unique "quotation mining" mechanism to ensure that off-chain price facts are generated on the chain synchronously, and NEST-Price price data is directly generated on the chain, which solves the industry problem of lack of price facts on the blockchain. The NEST-Price price data has the characteristics of authenticity, timeliness, security, stability, etc., which can be directly referenced by the DeFi project, providing developers with the factual basis for completing the logical closed loop of the product itself; the NEST Protocol oracle network as Web3 The most important infrastructure in the .0 era will play a huge role in promoting the application of blockchain technology.
NEST DAPP is a decentralized smart contract interaction tool developed based on Ethereum. The NEST oracle quote mining system and NEST decentralized mortgage lending products (supporting ETH to borrow USDT assets) are now available. In the future, NEST DAPP will continue to launch more DeFi products and services based on NEST oracles, providing convenient access to smart contract interactions for global blockchain users and practitioners!
NEST Protocol GitHub: https://github.com/NEST-Protocol
Smart contract interaction tool NEST DAPP: https://nestdapp.io/
Twitter:https://twitter.com/NestCore
Telegram:https://t.me/nestdapp_en