$N1 is the first Auto-Staking token by GuilderFi which can be insured up to 5 levels of cover starting from 1 BNB to 100 BNB with #SafeExit NFTs. It offers a built-in risk premium of 6.25% in addition to your capital being protected.
$N1 is an ERC-20 token built on the Avalanche Network and is the native governance and utility token of the #GuilderFi Network. It has an elastic token supply which is programmed to contract and expand within its fixed upper bound limit.
In addition to the token being used for the purpose of staking in GuilderFi, the $N1 token offers the following utility:
- Use in the tokenomics of all future protocols released by the Guilder Network.
- As a Multi-chain token with the implementation of the ETH and BSC bridge during M3 with no additional token issuance.
- As a Liquidity-as-a-service (LaaS) token in GuilderDex’s Single-Sided Liquidity Pools to facilitate Single-Sided Token Deposit
- For Discounted Fees within all of GuilderFi’s protocols wherever applicable.
- Issuance of bonds by GuilderBank and sold to users at a discount to create additional revenue for the network and also to sustain sufficient liquidity across all of its trading pools.
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