Welcome to the Nexus Token
The Nexus token operates as a transactional fee mechanism by utilizing a built-in contract exchange system, eliminating the need for a traditional liquidity pool. Instead of relying on a liquidity pool pair and a traditional market maker for exchange and price calculation, both the token and its backing asset are stored directly within the contract itself, streamlining the transaction process.
How Does it Work?
The NEXUS token was specifically designed as a transactional fee mechanism or utility token for companies. Each time a partner company uses the utility token, a portion of the 1% transaction fee is distributed back to that partner, providing them with ongoing funding for development and growth.
When a consumer makes a purchase, the transaction interacts directly with the contract to buy tokens using SmartChain BNB (BEP20). These contracts, often referred to as “Swapper” Contracts, bypass the need for a Decentralized Exchange (DEx) or Centralized Exchange (CEx). The SmartChain BNB is routed from the holder’s wallet to the contract, where it is swapped for the backing asset, and the equivalent value in new tokens is minted, increasing the total supply. These utility tokens are then sent to the user’s wallet. When selling, the process reverses, reducing the total supply and transferring the backing asset to the seller.
Interested companies should contact: client@web3labs.dev
The Valuation
The price is not set by the standard market maker protocol. Through the power of mathematics, the developer has found and used a different equation for determining the price and its movement.
Our price is determined by two factors:
- Volatility of the Backing Asset in the Contract
- Nexus Price Value Equation (Price = Backing Asset in the Contract ÷ Token Total Supply)
The Nexus Difference
Our exchange system stands apart from other tokens currently available on the market, offering a unique approach that we’ve defined with specific terms to describe its functionality:
The SwapPair Liquidity (SWPL) System is designed to replace traditional liquidity pairings. It uses a swapper contract to autonomously exchange for the backing asset, utilizing the chain’s native coin—in our case, SmartChain BNB (BEP20).
The Price-Increase Tax Ratio (PTR) algorithm governs price action. This algorithm applies taxes on both purchases and sales to adjust the ratio between the backing asset and the dynamic total supply of the token, favoring the backing asset. PTR ensures a consistent increase in token value relative to the backing asset, regardless of the transaction type.
In addition, Web3 Labs has plans to expand the Nexus token system beyond its current contracted companies on-chain, extending its reach to a broader range of businesses. This expansion will also include deploying the Nexus token on additional blockchain networks, increasing its utility and scalability across multiple ecosystems and empowering more companies to benefit from its innovative transaction fee mechanism.
The Benefits
With the Nexus Token equation and tax system, the contracts are designed to consistently increase the value of the token relative to the backing asset. For non-volatile assets, the price per token can only rise with each transaction, ensuring it never decreases. In cases of more volatile assets, market fluctuations may impact the price, potentially leading to temporary downward trends, but upward pressure is expected during bullish market conditions. The token’s trading activity may also act as a buffer, mitigating the impact of negative volatility depending on transaction volume.
A key security feature, the requirePriceRises function, ensures that the calculated price for every transaction must be equal to or higher than the previous price. If this condition is not met, the entire transaction is automatically reverted, preventing any unintended price decreases. This function also safeguards the system from exploits, as any attempt to withdraw funds through a malicious attack would be halted, preventing the exploiter from completing the transaction.
The decentralized nature of Nexus Tokens eliminates the need for centralized liquidity pool pairings, as no external entity or owner address controls them. This decentralized design enhances overall functionality, improves return on investment, and ensures greater security for users.
Additionally, all owner functions within the contracts are disabled, except those required for secure transitions between PCS bridges (v2 → v3). These functions protect the long-term viability of every company using the NEXUS Token Transactionary Fee Mechanism in case the current server infrastructure becomes obsolete. There are no callable owner functions that could negatively impact the contract or the value of the assets, ensuring maximum security for all participants.
About the Founder
As an entrepreneur for the past two decades, Nic Decker has cultivated a strategic solution within high-yield investments with a focus in real estate, livestock, oil & gas, precious metals and emerging technologies. In the formation of two venture capital companies, Kingstone Investments and The Fund, Nic has pioneered the way for maximizing profits by blending traditional investments with emerging technologies to capitalize consistent returns across a diversified portfolio. The driving force behind Kingstone Investments is to create an ecosystem of generational wealth for its members and their respective legacies.
