04.14.23 — Nemesis Network Monthly #3
Hello everyone! It has been quite an eventful month, during which we have made considerable progress on the integration side and have finally released the long-awaited Nemesis Time-Lock feature. This Time-Lock feature will enable our users to maximize their yield with flexible time options, but most importantly, it will allow our users to earn Loyalty Points in the meantime.
In this article we will cover what’s happened throughout March and until now. Let us delve into the past month’s happenings without any further ados.
03.02.23 — Dev Diary #7
This episode of Dev Diary mainly focused on the Nemesis Pro update and the migration process, providing our readers with insight into what to expect after the update and the current state of our road map.
03.03.23 — Integration
Integration is one of our most important approaches, as it is essential in increasing the coherence of our projects and creating a common ground where they can support each other’s monetary policies and treasuries. In the meantime, integration enables them to progress and strengthen together in a common direction. This article thoroughly covers and explains our strategies and these topics.
03.08.23 — Weekly #15
Week 15 was mostly focused on the content side of operations, with information about future plans. We’ve merged the weekly updates and are committed to informing users about our operations. Details of the integration are published as an article on Medium, and the whitepaper has been updated with a page dedicated to the integration. The development team’s progress and recent accomplishments are detailed in the Dev Diary #7.
03.15.23 — Weekly #16
Week 16 was the release of the NMS LP Reward Pool; the initial batch of loyalty rewards were disbursed to qualifying wallets, and the excess NMSP tokens were burned. The Buy Tax Reimbursement was back on Helena, and the users were eligible for a full refund of the Buy Tax. This update also covered the latest panic and fud on social media after the FDIC shut down Silicon Valley Bank and caused Circle’s USD Coin to lose its dollar peg.
03.26.23 — Weekly #17
Week 17 was rather a quiet week as we were engaged in the ongoing development and quality assurance for upcoming features, with a focus on creating coherency between our projects with each coming feature.
04.04.23 — Timelock
Nemesis Pro has introduced Time Lock Staking, allowing users to lock their tokens for 2, 4, or 6 months to earn higher staking rewards and loyalty points, with longer periods providing greater rewards. The minimum requirement for using time-lock staking is 10 NMSP, and users receive NMS LP tokens as rewards. This feature aims to encourage users to commit to the network for a longer period, contributing to its stability and security. The benefits of time-lock staking include enhanced rewards, portfolio diversification, increased total-value locked, and reduced NMS token circulation.
This Week
Nemesis side
The current price of NMSP is at $6.08 while the mCap is around $2.4M and the liquidity was at $1.7M at the time of writing this article.
wsNMSP price is at $415.01
Helena side
The current price of Helena is at $0.03 while the mCap is around $382K and the liquidity was at $375K at the time of writing this article.
WINGS price is at $1.36
Buy Tax Reimbursements
Helena is still hosting the buy-tax reimbursement event, which will run until the end of April! During this event, each $HELENA buy tax will be reimbursed to your wallets after the event ends.
1 Million Transactions
We have some good news at Nemesis Network as we have recently surpassed 1 million transactions made within our network. We are extremely appreciative of the continuous support and confidence of our whole community. It is your diligence, patience, and input that has helped us to reach this milestone. We are ecstatic that our efforts to provide a trustworthy, dependable, and efficient network have been recognized and validated by our users. You can read more here.
As another week comes to a close, we’d like to offer our gratitude for your continuous support. Our team stays dedicated to improvement, and we really welcome your constructive comments and suggestions. We urge you to contact us through our dedicated communication channels on Discord and Telegram. We look forward to providing you with further updates.
Social Links
Discord (Helena): https://discord.com/invite/ht2N3vrdv9
Discord (Nemesis PRO): https://discord.gg/b8CUaukZn6
Facebook: https://www.facebook.com/HelenaFinancial/
Twitter: https://twitter.com/helenafinancial
Medium: https://nemesisnetwork.medium.com/
Telegram (Helena): https://t.me/helenafinancial
Telegram (Nemesis PRO): https://t.me/nemesisdao
Instagram: https://www.instagram.com/helenafinancial