1.

NUX meaning in Cryptocurrency ?

Answer»

Peanut is an advanced price balancer tool. With Peanut, 90% of the LP liquidity goes directly into the Uniswap pool. The other 10% goes into the Peanut protocol, to serve as a price balancer. Just as a peanut bean consists of two edible parts (known as cotyledons, FYI).

Peanut divides LP assets into two parts:

90% is used for providing liquidity on Uniswap or via another DEX (pull with paired tokens)

10% is used for automatic multi-level price balancing between Uniswap, other DEXs and CEXs.

reference
Full Form Category
Peanut Cryptocurrency
Novyj Urengoj, Russia Regional


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