NYM

NYM is the native token of the Nym mixnet. It is a utility token that rewards mixnodes for mixing traffic and providing privacy for users of the Nym network. Users will use NYM tokens to access the mixnet and send their data through it. The fees, collected in NYM, go to a reward pool which is distributed to mixnodes. Mixnodes are rewarded based on their performance and the amount of NYM bonded to their node. People can delegate NYM to mixnodes as a bond signaling reputation for that node and earn a share of the mixnode rewards. This supports decentralization and encourages the mixnet to have a high quality of service by involving the broader community in the process of selecting nodes.

NameNYM

RankNo.629

Market Cap$0.00

Fully Diluted Market Cap$0.00

Market Share%

Trading Vol/Market Cap (24H)0.24%

Circulation Supply811,308,857.93231

Max Supply1,000,000,000

Total Supply1,000,000,000

Circulation Rate0.8113%

Issue Date--

The price at which the asset was first issued--

All-Time High5.879731269445029,2022-04-15

Lowest Price0.040004332033023005,2025-04-16

Public BlockchainETH

IntroductionNYM is the native token of the Nym mixnet. It is a utility token that rewards mixnodes for mixing traffic and providing privacy for users of the Nym network. Users will use NYM tokens to access the mixnet and send their data through it. The fees, collected in NYM, go to a reward pool which is distributed to mixnodes. Mixnodes are rewarded based on their performance and the amount of NYM bonded to their node. People can delegate NYM to mixnodes as a bond signaling reputation for that node and earn a share of the mixnode rewards. This supports decentralization and encourages the mixnet to have a high quality of service by involving the broader community in the process of selecting nodes.

Sector

Social Media

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• White Paper
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etfindex:mc_etfindex_sourceDisclaimer: Data provided by cmc and should not be considered as investment advice.