What is Nemesis DAO?

NemesisDAO is the world’s first decentralised treasury protocol with preserve currency.

They aim to create the go-to reserve currency that the BSC needs while optimising for short & long-term profit for holders of the NMS token.

What is the aim of Nemesis DAO?

One of their primary goals is for NMS to be a common trading pair on the BSC, which is backed by real assets. They want to build a policy-controlled currency system, in which the behavior of the NMS token is controlled at a high level by the DAO in a way that serves the majority.

This system can be used to optimize for stability and consistency so that NMS can function as a global unit-of-account and medium-of-exchange currency.

How do I participate in NemesisDAO?

Participating in Nemesis DAO is simple and rewarding.

There are two main strategies for users of Nemesis DAO: staking and bonding. Stakers stake their NMS tokens in return for more NMS tokens, while bonders provide LP or BUSD tokens in exchange for discounted NMS tokens after a fixed vesting period, meaning your tokens will be dropped to you, bit by bit.

How can I benefit from Nemesis DAO?

Along with being part of a forward-thinking and driven community, there are several ways you can benefit financially from Nemesis DAO. The main benefit for stakers comes from supply growth.

The protocol mints new NMS tokens from the treasury, the majority of which are distributed to the stakers.

Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit.

And who doesn’t love passive income?

What Does Nemesis have planned for 2022?

???? HUGE MARKETING CAMPAIGN LAUNCHING IN FEBRUARY 2022:

• 25+ YouTube influencers on board with content scheduled throughout 2022.
• Articles on Yahoo Finance, CoinTelegraph, HackerNoon & more
• CERTIK AUDIT PASSED & SKYNET 7/24 Contract Protection Online
• KYC Passed
• Releasing New Product - ANGEL NODES: Heavenly Yield Processing Nodes
• Listed on CoinMarketCap + CoinGecko
• Discord Community with 25k members
• TELEGRAM COMMUNITY WITH 11K MEMBERS
• TRANSPARENCY & HONESTY between team and community from the start.

TLDR: Looks like a promising project with some great goals for the future. Feel free to join their community for more information. ALWAYS DYOR.