Westwood.eth
Westwood.eth
ETH+4.13%
🚀 Nova’s Liquidity Generation Event is LIVE — on Ethereum mainnet. No presale. No insiders. Just ETH in → $NOVA out → a treasury-backed, burn-powered launch. Here’s how it works, why it’s built this way, and what happens next 🧵👇
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⛏ What’s an LGE? It’s a fair, one-time event to bootstrap the system. You deposit ETH. You get $NOVA based on your % of total ETH. Your ETH is used to create locked liquidity with $NOVA — giving every token intrinsic value from day one. No emissions. No inflation.
🔁 Why not just launch a token? Because most tokens launch with zero backing and fake momentum. Nova is different: • No tokens are sold • ETH never leaves the system • Liquidity is protocol-owned & locked 2 years LGE participants are the floor of the protocol.
📊 Tokenomics Total supply: 1T $NOVA • 45% — LGE participants (vested) • 45% — Protocol-owned LP (locked) • 5% — Team (12-mo cliff, 24-mo linear vest) • 5% — DAO Treasury No emissions until Phase 3 — and even then, capped at 0.05%/quarter.
🔥 What happens post-launch? Once the LGE ends: • The LP locks • Every 24h: 0.5% is removed  → ETH → Treasury  → $NOVA → Burn This shrinks supply and grows the treasury daily. The longer you hold, the stronger the fundamentals become.
🎯 Why this is different: ❌ No insider deals ❌ No presale dumpers ❌ No emissions-for-hype ✅ ETH stays in-system ✅ Supply shrinks daily ✅ Backing increases every block
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