This is slander. Your apology and restoration of access for withdrawing coins will be sufficient to resolve the incident at this time.

That doesn't sound like an apology...

I was given the opportunity to withdraw my funds, and I did so.

P.S. I have not received an apology for the unfounded accusations.

Hi our fees are all less than $1, and for most POW coins it's less than 5000 coins (which in some cases is like $0.0001). Let me know if there's a specific coin you're asking about, if there's an error at our end we'll rectify it. The exception may be USDT or USDC on ETH where the fees spike from time to time

Point taken! We will be taking this action going forward so that $NEX can rise alongside user demand, and withdrawal fees in $NEX will be adjusted downwards.

Thanks for the input! I'll try to respond to all the points, incase I miss anything feel free to point out.

So the airdrops are just for distribution purposes, in addition to the open market. Since it's a token, mining isn't possible and we needed a way to give enough to active users so they see some value in it. Just recently (2~3 days back) active users on NestEx have been talking about $NEX tokens - mainly because they noticed that their withdrawal fees in their favourite coin was paid entirely through the airdropped $NEX.

Incidentally, we're not just _lowering_ withdrawal fees, but _replacing_ it altogether. So if you have $NEX you can pay the fee in $NEX and don't need to discount your coins.

Our Compound Earning rate is already very high, at 20%. In future we may change this but as long as it's 20% we won't be able to provide an added increase in the rate.

Fee redistribution - this is also currently in play given our LPs get back 100% of fees, so we would need to change this so allow $NEX to add more value. Or perhaps we can keep it as it is since it's already doing the job of fee redistribution to liquidity contributors? It's not decided but we're happy to hear from the community what they wish to see.

Tiers will continue to be based on holdings as it is now. However the airdrop itself can change your tier (at least VIP 0 => VIP 1 is possible) if you consistently hold and trade a reasonable amount on the platform.

Influencing NestEx decisions - sure why not. Though we take input for free right now 🤣 - and we genuinely try to action most of them.

Paid listings is a good idea. My problem personally with this is that it feels iffy. Will coin owners really buy our token to pay it back to us to list their coin/token? We can definitely do that, not against the idea.

We were aiming for a $0.15 launch price on New Year's eve, but that 'launch' got fudged since the token was released early. And then lots of people bought in, so we ended up at $0.5 approx around new year's.

We were then thinking of capping the value to a 'reasonable to use' amount like $0.25 - similar to how $POL (Polygon) prices are kept low - but our users didn't like this, not blaming them; maybe we didn't think it through enough. So now it's uncapped again, and it's shot up to $0.61.

The PURPOSE of the token is to add value to our users. For now airdrops is one way to distribute, but we will try to come out with more methods that generate more value.

Open to more ideas of course 👍👍