Exploration of NEST Ecosystem Development Path

The NEST system is undergoing exploration and development in multiple areas. Firstly, the system is committed to popularization to attract more participants to join mining activities. Secondly, enhancing product usability is also a focus, allowing more people to access and use NEST. In terms of financialization, the NEST system is seeking a development path similar to Ethereum, creating financial demand within the system.

Currently, the NEST team is exploring the use of linear operators to produce more assets and establish an application closed loop with NEST. This approach is similar to stablecoins but differs in certain aspects. Staying solely at the functional level will limit its vitality and value, thus the financialization process is crucial. For example, generating PUSD by collateralizing NEST, then purchasing NEST and continuing to collateralize, this cycle can continuously increase leverage while also increasing the demand for oracle calls, thereby promoting the repurchase of NEST.

In terms of trading, CoFiX 2.0 will achieve automated hedging and asset allocation. In the future, users may be able to place assets directly on-chain for automatic adjustments and trading, similar to the operation of AMM. Once this gamified asset management is set in motion, it will automatically generate or offset leverage, further strengthening buyback demand.

The NEST system is also exploring various trading designs based on price information flow, including options trading. In the future, the NEST DAO may act as the main seller of options, achieving deflation by acquiring NEST from the market. Once this model is established, it will drive the system into a more standardized financialization phase.

In terms of development path, the NEST team has proposed a new idea: demand-ecology-consensus. This is different from the traditional consensus-price-ecology path. They believe that the focus should first be on the deterministic demand within the system, and then gradually expand outward. For example, meeting the miners' demand for quoted assets and achieving dynamic asset management, etc.

The NEST team emphasizes that the essence of demand is to continuously deliver value to the gaming system. A truly valuable system should exhibit new attributes and characteristics when reaching equilibrium. By deeply understanding and meeting the needs at different levels, the NEST ecosystem is expected to achieve sustainable development and occupy an important position in the DeFi field.