Hello guys!

$NACHO is an algocoin which is designed to follow the price of ETH. Enjoy high yields normally only found on high risk assets, but with exposure to ETH instead!

🌐 Website: https://nachoxyz.com/

πŸ’¬ Telegram: t.me/nachofinance

πŸ’¬ Twitter: https://twitter.com/nacho_finance

πŸ’¬ Discord: http://discord.gg/nacho-finance

The $NACHO FINANCE algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the POLY network.

The protocol's underlying mechanism dynamically adjusts $NACHO’s supply, pushing its price up or down relative to the price of $ETH

Inspired by tomb.finance, which was originally inspired by the idea behind Basis as well as its predecessors, nacho finance is a multi-token protocol which consists of the following three tokens:

πŸ’£ nacho finance ($NACHO)

πŸ’£ NACHO Shares ($NSHARE)

πŸ’£ NACHO Bonds ($NBOND)

What differentiates $BOMB from other algorithmic tokens?

Unlike previous algorithmic tokens, $NACHO is not pegged to a stable coin β€” it is instead pegged to $ETH

One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the NACHO team will maintain a focus on innovation around enhanced functionality and use cases.

Here's a great explanation:

https://nachofinance.medium.com/introducing-nacho-finance-the-low-fee-ecosystem-for-eth-lovers-d4842e287fe8

🌐 Website: https://nachoxyz.com/

πŸ“„ DOCS: https://nachoxyz.gitbook.io/nachobank.finance/

πŸ’¬ Telegram: t.me/nachofinance

πŸ’¬ Twitter: https://twitter.com/nacho_finance

πŸ’¬ Discord: http://discord.gg/nacho-finance

πŸ›οΈ Exchange:

πŸ’£ $NACHO

https://quickswap.exchange/#/swap?outputCurrency=0xcD86152047e800d67BDf00A4c635A8B6C0e5C4c2

πŸ’£ $NSHARE

https://quickswap.exchange/#/swap?outputCurrency=0x948D0a28b600BDBd77AF4ea30E6F338167034181

πŸ“ƒ Contracts

$NACHO: https://polygonscan.com/token/0xcD86152047e800d67BDf00A4c635A8B6C0e5C4c2

$NSHARE: https://polygonscan.com/token/0x948D0a28b600BDBd77AF4ea30E6F338167034181

$NBOND: https://polygonscan.com/token/0xfc4a30f328E946ef3E727BD294a93e84c2e43c24

submitted by /u/JacqulineEdmonds
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