Goldtoshi - Lamden
4 min readAug 6, 2021

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Nebula : the future of GOLD

It is time for an upgrade.

Nebula (NEB) is a comprehensive service token for the Lamden ecosystem and beyond. We create value.

We have been working hard behind the scenes advancing GOLD. Our Telegram applications are just the beginning. Our new focus is to build a series of accessible web-based applications that will strengthen the Lamden ecosystem while providing clear use cases for NEB and value for NEB holders.

We believe a new name and brand will allow us to market our services to a wider audience.

Below is high level roadmap highlighting the next few months for GOLD/Nebula.*

Telegram Tools & APE

All existing GOLD apps (telegram bot commands) fall under this category. Our APE subscription service will remain and its notifications will continuously be improved over time.

GOLD “Phoenix” Upgrade

We believe that good development occurs in versions or iterations. As such, the Team is rewriting and upgrading the current token contract code with our “Vault Protocol”. This upgrade is just one change designed to actively fund rewards for GOLD (NEB) holders — 2% of all NEB buys and sells will fund our Nebula Vault — see Yield Vaults for more details.

More communication will be shared in the coming weeks regarding the GOLD to NEB change and what it means for GOLD holders. We appreciate everyone in our community and will work to ensure we make this as smooth of a transition as possible.

Token Builder

A user-friendly token creation service with customisable token mechanics. Developers and project teams have a lot of work to do. We want to make it as easy as possible for them to make a token on Lamden so they can focus on building out their project or application. Designs for this application will be shared soon.

Liquidity Vaults

Submit LP tokens to a contract to lock liquidity provided on Rocketswap permanently or for a specified period. Since this can be verified, it creates confidence with token holders and has effectively become standard for projects on most AMMs.

Yield Vaults

Yield Vault is both a key benefit for NEB holders, as well as its own service. The same system Nebula will use to create our Vaults will be available to all.

Anyone with a Lamden Wallet will be able to create a custom vault. The vaults can be used to provide rewards for token holders, distribute tokens for a fair launch, or to temporarily lock team tokens. All created vaults will be made public.

  • Yield Vaults will require short term (1–6 week) time-locked staking of tokens
  • maximum lock-up amounts per user per vault (Levels for NEB)
  • maximum total lock-up per vault (ensures fixed minimum APY)
  • users cannot withdraw their stake during the vault timeline
  • all emissions will be sent to users at the end of the designated lock-up period
  • 2% of secondary (non-Nebula) vault emissions go to Nebula Vault at vault creation

Nebula Vault (our Yield Vault)

Continuously funded by:

  • the new Vault Protocol
  • All other Vaults pay 2% of emissions to Nebula Vault (in their token) for Vault creation
  • *Fees from all other Nebula services will also be sent to the Nebula Vault to be distributed to NEB holders

Nebula will package and create various vaults that emit NEB or multiple tokens at once. There will always be at least one active Nebula Yield Vault at all times providing rewards for NEB holders.

Users can reach different “Levels” to increase the amount they are able to stake per Vault (important because each Vault has a stake limit). Levels will be established at release but will be a combination of NEB & NEB LP.

OTC Board

Create or take OTC offers — processed by a smart contract. Maker and Taker pay a fee once offers are accepted. This app will facilitate larger trading of tokens without affecting Rocketswap order books. These trades can be executed without slippage. This will also create opportunities to buy and sell higher volumes of Lamden tokens (or TAU) with TAD, or wrapped tokens from other blockchains (WETH, USDT, BUSD etc) once available.

Escrow Services and “Developer Board”

Blockchain is “trust-less”, but people are not. Create a trustworthy transaction by using a third-party escrow contract/multi-sig like system.

The Developer Board will be used to post skills and/or services for both providers and customers. Developers can montise their skill in an anonymous world and clients can trust that payments will only be processed once conditions of work are met. Fees to Nebula if payments are made.

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Fees and finer-level details for each application/service will be provided closer to individual release. All services will require either NEB staking, NEB fees, or other token fees. If fees are paid in TAU it will be used to purchase NEB which will be sent to the Nebula Vault. Services like OTC will require a fee based on a % of the offer. Discounts will be offered if these fees are paid in NEB. If fees are paid in another token (Not TAU, or NEB), these fees will be sent to the Nebula Vault for rewards as well.

*Timelines provided are our best current estimate. We will provide updates as we progress through each application.

TLTR;

GOLD is rebranding to Nebula (NEB). Multiple web applications/services are in development and will be released in the coming months. All fees collected from these services will be sent to the Nebula Vault to be used as rewards for NEB holders.

  • Nebula Team

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