🔸Transparency
Last updated
Last updated
Putting particular emphasis on operating transparently, we at Nexbox see the need of preserving our authenticity throughout all aspects of our project. We greatly appreciate the trust we receive from our community and userbase, yet it is our firm belief that everything we do must work out as trustlessly as possible.
As such, we put great effort in assuring that our users know what’s going on behind the scenes, both from a technological and from a financial standpoint. Through a separate upcoming dashboard interface on our website, we will be disclosing all our monetary flows.
• 25% for future development
• 25% for marketing
• 25% for payout
• 25% for buyback & burn
Anything that goes on inside & around Nexbox’s staking program will be fully disclosed at Nexbox.co, including openly available data on users’ NEXBOX balances that is collected from the blockchain, each user’s staking reward and the share rate that was used for calculating the reward.
The integrity and validity of data used for calculating staking rewards can be verified at any time using blockchain explorers such as BSCscan.
Before each voting, the list of eligible voters including their exact token balances in a specific snapshot moment is published on nexbox.co. Users can see beforehand whether they can participate in a voting.
After each voting, users are able to see who voted for what, with how many tokens, and how their vote was weighted, therefore enabling anyone to double-check that their vote went through correctly and as intended.
The integrity and validity of data used for generating the eligible voters list can be verified at any time using blockchain explorers such as BSCscan, and each voter’s actual / weighted voting power can be calculated using the formula described in this whitepaper.
