Nibiru

Nibiru Cryptocurrency (NIBI)

Nibiru Chain is a revolutionary L1 blockchain system and smart contract ecosystem that provides superior throughput and unparalleled security. Nibiru aims to be the most developer- and user-friendly smart contract ecosystem leading the way to mass adoption of Web3 through innovation at every level of the stack: decentralized application development, infrastructure, consensus, comprehensive developer toolset, and value capture.

Since coming out of stealth mode at the end of 2022, dozens of projects have begun to be built on Nibiru in sectors such as DeFi, gaming, real assets, NFTs, developer tools and bridges, each with a common mission to rapid interaction with digital assets. , safe and convenient for everyone.

Tokenomics Nibiru

Core Token Utility: Nibiru Chain's staking and utility token is called "NIBI". This token plays a key role in enabling Proof-of-Stake consensus and decentralized governance on the network, a process through which NIBI stakeholders can make decisions and make changes to the network. In addition, NIBI is used to secure the network and pay for computation in the form of gas fees, which is necessary to facilitate the creation of new blocks on the chain.

Dev Gas royalty mechanism. Imagine protocols like Uniswap or Aave earning half the ETH spent on them. This distinctive feature attracts developers to Nibiru, where builders automatically earn half of the NIBI gas spent on their smart contracts, contributing to the growth of the network and the sustainable development of the ecosystem.

Community-focused token distribution. Inspired by Web3's most successful non-linear release schedules, the NIBI token supply is designed to promote long-term stability and community participation. The majority of NIBI tokens are distributed to the community, including stakers, builders, liquidity providers and ecosystem grants.

Nibiru Indicators

1. Outstanding performance. In terms of performance, Nibiru is excellent. The network can process 40,000 transactions per second, has instant finality and a block time of 1.4 seconds even when using a decentralized set of maximum power validators. Nibiru empowers developers to seamlessly build the future of decentralized applications.
2. Parallel Optimistic Execution. The fundamental limitation to the scaling of many blockchains today is the inefficiency of sequential transaction execution. Nibiru Chain addresses this limitation by introducing support for parallel or optimistic execution, allowing multiple independent transactions to be processed simultaneously.
3. Unmatched security. The smart contracts in Nibiru's core execution engine (Wasm) are immune to the vast majority of common attack vectors such as reentry, arithmetic overflow/underflow, short URL attacks and many others that plague the Web3 landscape. Nibiru's robust security allows you to quickly deploy highly trusted applications and scale them to serve a growing blockchain user base.
4. Comprehensive developer toolset:
   • Web3 software development kits (SDKs) in multiple modern programming languages, such as TypeScript, Golang, Python and Rust.
   • Nibi-Indexer: A user-centric tool that offers transparent blockchain data for smart contract and transaction analysis via GraphQL. Nibi-Indexer is an essential resource for developers, providing reliable on-chain data for trust and verification.
   • Nibi-Oracle: Introducing Oracle's own solution, Nibi-Oracle allows validator operators to actively participate in Oracle consensus voting for data integration off-chain to blockchain with high accuracy.
   • Built-in EVM compatibility. Builders on Nibiru have the ability to choose their runtime environment, choosing either the security and performance of Wasm or the convenience of EVM. Built-in EVM support, slated for release in 2024, will enable the global EVM developer community to leverage familiar existing tools and programming languages.
   • Nibiru boasts an open ecosystem that includes a collection of dApps that integrates various functions such as exchanges, stablecoins, data indexers and smart contract royalties into one unified system. The "Super App" is designed to provide a smooth and convenient experience for everyone, simplifying blockchain development.

Roadmap