Announcements

Announcements > Final NEC Distribution - NEC 2.0 Incoming August 09, 2019
We have been hard at work developing and preparing details surrounding the phase two of Nectar's journey - NEC 2.0 - bringing an array of new features, utilities and tokenomics, taking NEC to the next stage in its evolution. 
In line with this transition, the last and final NEC distributions have now been issued to market-makers of Ethfinex, rewarding their trading activity over the past 30 days. As such, from now onwards NEC will cease to be issued to market makers of Ethfinex.
Issuance Details for August:
  • The total maker volume during this 30 day period was 61,391,377 USD.
  • Ethfinex sent 50% of fees collected to the Nectar vault contract: 301 ETH.
  • A total of 290,343 NEC were therefore created.
We are excited to be releasing more details over the course of the next month. Make sure to stay updated with us on Twitter, our blog or on Telegram