Claim $25 dollars worth of nUSD Tokens Airdrop Now On

in #cryptocurrency6 years ago

If you're keen to get in on some free cryptocurrency then airdrops should be something right up your alley and with so many ICO's popping up each day there is really no shortage of new airdrops to sign up for. A new airdrop has just started by Havven who are giving away $25 worth of nUSD stable coin tokens to anyone who signs up to their airdrop.

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Join the havven community now

Havven is a ETH to USD based stablecoin that looks to help faciliate easier trade on ETH dapps, it has recently announced it plans a launch of its own mainnet at the end of July.

For more on stable coins check out my complete review here

How to join the airdrop

About Havven

Havven is a decentralised payment network where users transact directly in a price-stable cryptocurrency. Those who use the stablecoin pay fees to those who collateralise the network, compensating them for the risks of providing collateral and stability. Collateral providers control the money supply, and fees are distributed in proportion with each individual’s stabilisation performance. Thus, Havven rewards suppliers of stability and charges those who demand it.

Havven implements two linked tokens to achieve this structure:

Nomin

The stablecoin, whose supply floats. Its price as measured in fiat currency should be stable. This token is useful insofar as it provides a superior medium of exchange. Thus in addition to price stability, Havven should encourage adequate nomin liquidity.

Havven

This token provides the collateral for the system and has a static supply. Its market capitalisation reflects the system’s aggregate value. Ownership of havvens grants the right to issue a value of nomins proportional to the dollar value of havvens placed into escrow. If a user wishes to release their escrowed havvens, they must first present the system with the quantity of nomins previously issued.

The havven token is a novel decentralised asset, whose intrinsic value is derived from the fees generated in the network it collateralises. This enables a form of representative money in which there is no requirement for a physical asset, thus removing the problems of trust and custodianship. Issuance of nomins requires a greater value of havvens to be escrowed in the system, providing confidence that nomins can be redeemed for their face value even if the price of havvens falls.

The system incentivises the issuance and destruction of nomins in response to changes in demand, but ultimately the intrinsic value of the havvens will reflect the required nomin supply. Backing a stablecoin in this way provides full transparency over how many tokens have been issued against the available collateral. This provides a solid basis for confidence in the solvency of the payment network built upon it.

Denominating the value of the nomin in an external fiat currency means that stability is relative only to that currency. Initially, this currency will be the US dollar, and this is the target currency used throughout this paper, but in the future, the system will support additional flavours of stablecoin that are denominated in other currencies

Learn more about Havven here:

What is an Airdrop?

An Airdrop is when a blockchain project gives away free cryptocurrency to early adopters and those who sign up for initial interest in the project

How to store your airdrop coins

Make sure you have an Ethereum ER20 token compatible wallet. You can create one with Metamask or MyEtherWallet. Once you've set up the wallet simply provide the new hexadecimal ID to claim your tokens. Do not use any hot wallet or cryptocurrency exchange wallet to try and store your airdrop token

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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://victorcoin.io/victorcoin_whitepaper.pdf

Havven is good i try it ;)

Have you signed up for the airdrop? Lol a few free coins never hurt anyones wallet lol

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LOL why the hell do you give airdrop you wont have a value in the future anyway.

Lol free crypto is free crypto lol anything can happen at this point and it costs you nothing to claim it

Let's wait for nUSD to have a value. The reason why its like that is because its new. It was released a few days ago. And it will also have a value when it was listed on an exchange like kucoin or something. let's be positive and wait for that to happen :D

I hope this news are legit because a lot of my money vanished but I'm still believing in nUSD.

What happened with your nUSD?

I got a free 20$ worth of crypto last month (not nUSD though) but I can't transfer it into binance. So I won't try this either. It's such a waste of time.

If it’s in your ERc 20 wallet you need to first send some ETH to cover the gas transaction costs for it to send to an exchange