Release notes – ndau wallet v2.0.4

Learn more about the ndau wallet and download the latest version here. What’s New The user experience for setting up a recovery phrase has been improved.  Instead of a dropdown for word selection, we now use more helpful animations and buttons.You can now...

Why is ndau in circulation greater than ndau issued?

ndau in circulation (as seen on the ndau blockchain explorer) is the amount of ndau held by purchasers. This includes all ndau issued by the foundation, plus those earned from ecosystem alignment incentives, minus any ndau burned as a result of stability mechanisms...

How does ndau’s bonding curve (“Next Issue Price Curve”) work?

ndau is released and sold according to a bonding curve we call the Next Issue Price Curve. The Next Issue Price Curve is an S-shaped curve consisting of a predetermined sequence of prices that new ndau from the 30m reserve will be sold at, should the market price...

Why is ndau burned?

ndau has a unique feature known as the Stabilization Incentive Burn (“SIB”) system to mitigate downward volatility. When the Market Price of ndau drops to 5 percent below the Next Issue Price, the SIB activates. The SIB is a fee that is applied on top of normal...