WHAT IS NUTBOX DECENTRALIZED PLATFORM

INTRODUCTION
The ultimate purpose of Nutbox is to enable the blockchain community to establish their own staking economic business based on the staking model of the PoS chains they are running. When the Nutbox blockchain has not been established and the Polkadot parachain slot has not been successfully obtained, the Nutbox Contracts mode is used.
The NUTBOX is intended to build an open asset staking protocol that would allow the blockchain community to create a staking economic model for its community assets in a blockchain network utilizing the POS consensus algorithm.
THE GOAL OF NUTBOX
The purpose of Nutbox is to provide an open asset staking protocol that will allow the blockchain community to develop an economic model for staking community assets in a blockchain network using the POS consensus algorithm.

THE TRUE CONCEPT OF NUTBOX
Nutbox is a decentralized protocol that offers Staking Airdrops and a decentralized application toolkit that includes DeFi, community blogging, and community governance, among other things. Nutbox will assist the community in establishing a community token economy based on "Staking +DeFi."
With the continual improvement of DeFi infrastructure, anyone with hundreds of lines of code can supply users with decentralized financial services. The PoS chain's Staking incentive and Liquidity Staking token open up new application possibilities.

THE SMART CONTRACTS OF NUTBOX
TokenFactory (to provide generating-community-token function), Staking Airdrop (to provide staking-yield-mining function), Farming (to provide liquidity-yield-farming function), DutchAuction (to provide Dutch-auction function), Goverance (to provide community-goverance function), and DApp launcher are among Nutbox's smart contracts. All of these modules make it easy for communities to provide Staking Airdrop, DeFi, and other application scenarios.
Parachain Nutbox: Part of Nutbox's cross-chain asset transfer will be performed directly utilizing the Polkadot Cross-Consensus Message protocol, particularly XCM, when Nutbox runs as a parachain in the Polkadot ecosystem.

NUTBOX BLOCKCHAIN
Nutbox Blockchain is based on the FRAME substrate framework, which is used to create a blockchain network. It features an upgradeable Runtime and can reuse numerous mature, stable, and reliable functional modules. The term "upgradable runtime" refers to the fact that the blockchain network no longer requires a hard fork to upgrade the system, ensuring the network's stability.

tToken with Multiple Chains
Users stake assets on the original PoS blockchain network to get tTokens in the Nutbox network, which are swapped 1:1 for the underlying assets.
For example, a user in the Nutbox network can exchange DOT holdings for tDOT, which can then be staked to get the relevant community's cTokens in the Nutbox staking mining of all Polkadot ecological initiatives. To facilitate asset exchange across different PoS blockchain networks, Nutbox will combine cross-chain bridge technology and Polkadot XCM.
THE ADVANTAGES OF STAKING IN THE NUTBOX
With Staking Token, the PoS chain has always had a liquidity issue. In most blockchain projects that use PoS, there is a specific unlock period when pledged tokens need to be transacted. During this time, users will be unable to swap staking assets.
Many decentralized Staking Token liquidity agreements depict the Staking Token being pledged by generating shadow tokens of Staking Token. The Nutbox Staking contract is a decentralized general agreement that assures that this service is available to everyone in the community.

Website
Medium
Youtube
Discord
Telegram
Twitter

AUTHOR’S INFORMATIONS :
Bitcointalk Username : Lambaz
Bitcointalk profile link :
https://bitcointalk.org/index.php?action=profile;u=3395873