Current statistics
| Observed price (USD) | |
| Capitalization (USD) | |
| Total supply (NNN) | |
| Total supply (wNNN) | |
| Wrap ratio (wNNN) | |
| Most recent rebase (UTC) | |
| Next rebase possible after (UTC) |
Wrap, unwrap
Decimal value: NNN; Will receive ~ wNNN.
Decimal value: wNNN; Will receive ~ NNN.
Addresses
0xC1c8E0E4475F2559B5a83df6035998f17F84CeF5 NNN
0x307411672E6F7742170cDD0993c34ed5B48623E1 wNNN
Redistribute supply according to price
Current settings
| Chains available | Polygon PoS |
| Rebase minimum interval | 1 hour |
| Oracle obervation lifespan | less than 48 hrs |
| Cut of negative rebase | 6.5% |
| Volume scale coefficient | 30% |
| Minimal accepted price change (USD) | 0.29 |
| Pools with sync support |
0xb1dB509AEbB0173d36bE64c9CD97aaDF8Ad5E304 |
Information
Future plans:- Listings;
- Launch airdrops;
- Going cross-chain;
Contacts:
- nine99token@proton.me
NineNinetyNine - The $9.99 Meme Stable Coin
Welcome to the world of NNN, a meme-inspired stable coin designed to maintain a consistent value of $9.99. Let's dive into how NNN operates and why it's a unique investment and utility opportunity.The $9.99 Peg - Why It Matters
Inspired by Everyday Pricing: $9.99 is one of the most recognizable price tags in the world. From retail stores to digital marketplaces, it resonates universally (and acts as our advertising 😉).
Maintaining Stability: NNN's value is algorithmically pegged to $9.99 through an elastic supply mechanism.
How Does Rebase Work?
A rebase is a supply adjustment mechanism that creates stimulus for market participants to push the value of each NNN token towards its $9.99 peg. This affects the total supply and balances of all holders, while preserving the overall value of their holdings.
Triggering Rebase
Any user can trigger a rebase (within specified intervals) via the protocol. The smart contract reads the current token price from a decentralized price aggregator using trusted oracles and adjusts the total supply of NNN to align with the $9.99 peg.
Decentralized Price Aggregation
The protocol relies on approved oracles to provide reliable price data. Anyone can apply to become an oracle by proving their dedication to the network, ensuring a robust and decentralized pricing mechanism.
Developer's team oracle measures average weighted price across the trading pools, makes neecessary offchain calculations and submits observed price to the aggregator in regular intervals.
Trading NNN - Flexible Options
NNN follows the ERC-20 standard, making it tradable on decentralized exchanges. However, as an elastic supply token, trading comes with innovative solutions:
Sync: Supported pools can sync with the token's rebase through our website. Syncing aligns pool liquidity with the updated supply, benefitting the protocol.
Wrap: A wrapper token, wNNN, represents a fixed percentage of NNN's total supply. wNNN eliminates elasticity, making it tradable on all exchanges like a conventional token. The current wrap/unwrap ratio is displayed in the dashboard.
Secure and Transparent Governance
At the time of deployment, the initial supply of NNN tokens is securely locked within a time-locked smart contract featuring a fixed delay of 24 hours. These tokens are classified as non-collateralized. The time-lock mechanism ensures that any potential movements of these tokens cannot occur abruptly, providing an added layer of transparency and security.
Stability and Profit: Use Cases for HODLers and Arbitrageurs
For HODLers: NNN is perfect for those who want to conserve value rather than quantity. With NNN, you don't have to worry about price fluctuations eroding your investment. The elastic supply ensures your holdings maintain their value at $9.99, making it an excellent choice for long-term investors.
For arbitrageurs: NNN and wNNN offer exciting opportunities for arbitrage. If the actual price deviates from the target price of $9.99, you can capitalize on this discrepancy. Since you know the price will return to the target in the next rebase, you can profit from the price difference while helping the protocol maintain its peg. This makes NNN not just a stable investment but also a dynamic trading tool.
Why NNN?
Stable Value: Pegged to the universally familiar $9.99.
Elastic Supply: Maintains value through rebases.
Decentralized Ecosystem: Governed transparently with trusted oracle input.
Flexible Trading: Options for both native and wrapped trading on any exchange.
Join the NNN revolution and embrace a stable coin inspired by simplicity, security, and innovation! 🚀
Join the NNN today and experience the future of meme tokens with a stable twist! Follow us on
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start trading NNN/wNNN on your favorite DEX!