ALTAIR NFT - The Eagle
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Dear NALInes,
In the first quarter of this year, in addition to the SWAP and VOTING platform called “NAO”, the release of the first version of the platform dedicated to Financial NFTs, codenamed “Altair”, was announced.
Altair is the brightest star in the constellation of Aquila and shines bright just like NALI Project.
What is Altair?
Altair operates on DeFI and has as its objective the cultivation of passive and partially protected income.
This means that by accessing Altair you will be able to adhere to different possible solutions in which to allocate your economic resources, whether they are formulas to create passive income, or access the arbitrage and front running bots proprietary of NALI Project.
Furthermore, Altair will allow, through a proprietary and innovative financial suite, to analyze in depth the trend of its economic resources based on the chosen solutions.
Its peculiarities are:
- scalability
- usability
- dynamicity
With this trinomial, the investor will be able to choose and decide independently their own degree of risk, always having their resources and income under control.
The first version of the platform will see the first release in the first quarter of 2022, while the arbitrage and front running bots will be announced in the coming months (they are currently in development and testing).
How Altair works
The necessary requirements to make the most of the Altair platform are:
● Be the holder of a non-custodial wallet (MetaMask, TrustWallet, or similar)
● Own the NFT Ticket ALTAIR costing $500;
● Own $NAO Token to be put in lock for a specified period in each “solution sheet”;
● Own BNB for an amount equal to the number of shares of which one wishes to become owners respectively in the role of Buyer, Hedger or both (in the solutions that provide for this possibility);
● Own $NALI tokens in case you want to participate in the annuities by burning $NALI only.
What are Altair’s solutions
Altair has been designed to be a platform that aims to create passive income through different, alternative, or complementary solutions based on the degree of risk that the individual user wants to take and the goal that has been set.
It will be the individual user, according to his will, to adhere to the possible solutions proposed and voted in NAO, or selected by the NALI Project team, will in any case be able to use the analysis sheets prepared by the NALI team and take advantage of the financial analysis tools which will be implemented in the platform.
For individual users (whale), or groups of users (whales), it will also be possible to contact the NALI team directly and have access to customized solutions.
When a proposal voted on the NAO becomes operational, it will be visible and accessible on the Altair “POOL”.
Let’s analyze the Altair Pool:
1. Description: the description of the proposed solution shows the type (for example STRONG node, the POOL code, a short description and the mainnet in which it operates (example: Ethereum).
2. APR / Start / End proposal: this box will indicate some first fundamental variables starting from APR (%), the start and end date to access the solution.
Those who want to participate will have a time frame of 30 minutes to be able to join.
Membership can take place on three distinct levels (may vary depending on the solution):
- Buyer
- Hedger
- NALI’s Pillars
The total rewards of the solution are divided and distributed as follows (may vary depending on the solution):
- 50% to buyers
- 25% to hedgers
- 12,5% to NALI’s Pillars
- 12,5% to the NALI Team
3. BUY / HEDGING / NALI’s Pillars: let’s analyze them below.
BUY
A limited number of places will be made available for each open POOL (Total Quotas).
There is a lock period (calculated at the birth of the solution and not modified) for a pre-established amount of $NAO and indicated in the form. This lock period is equal to the time range necessary for the return of the invested capital, in this period it will not be possible to sell one’s share. However, in the event of an emergency or absolute will, it will be possible to sell one’s share to the hedgers (if they were present) with a deduction of 50% on the relative value at the time of disposal.
For some specific solutions (declared upon joining) the BUYER will also have the opportunity to take advantage of not only hedging but also an insurance that protects the value of the share purchased at the time of joining and to the extent of 25% of the same in case of the underlying project scam.
It should be emphasized that while buyers adhere to the solutions by paying BNB, hedgers adhere by paying BUSD for an amount equal to 50% of the value of the participating shares in BNB.
All this is important as being a BUYER allows you to:
- Take advantage of the periodic rewards of the solution you decide to join;
- Buyers see their rewards rise from a % of their shares, starting from the initial 50% up to 62.5% if they are also Nali’s Pillars;
- Take advantage of optimized investment conditions with respect to a possible personal purchase on the market;
- Take advantage of the 50% coverage of the hedgers in case you want to quickly dispose of your share even before the end of the lock period;
- Possibility to wait for the end of the lock period and dispose of one’s share on the NALI marketplace or in OTC between private individuals at the desired value while maintaining the value of the invested capital;
- Insurance coverage equal to 25% of the initial membership value in the event of a scam of the projects underlying the solution to which one has joined;
- Possibility to create trading and arbitrage strategies on BNB/BUSD/Token pairs native to the project underlying the solution.
HEDGING:
For each open POOL, and in which this possibility is foreseen, a limited number of places will be made available (Total Quotas).
The amount of the dues paid by the hedgers is equal to 50% of the dues paid by the Buyers.
There is no lockout period of $NAO for hedgers, however, unlike buyers, hedgers will not be able to sell their shares “quickly”. However, hedgers will be able to sell their NFTs on the NALI and OTC marketplace to other users, at the value they want.
Hedgers cannot take advantage of the insurance.
However, being hedgers means investing one’s capital with a long-term investment perspective, potentially becoming owners of an entire solution (except the share destined for the team) at 50% of their initial value and yet maintaining the power to sell your shares based on your will.
Hedgers do not have a NALI lockout period which remains free and available for any trading actions.
Being HEDGER allows you to:
- Save 50% of the initial cost of the solution upon joining;
- Take advantage of the periodic rewards of the solution you decide to join;
- Take advantage of the optimized investment conditions with respect to a possible personal purchase on the market;
- Possibility of becoming owners of the buyers’ shares when they make use of the quick sale (sale at 50% of the initial value at the time of joining);
- The hedgers who become owners of the buyers’ quotas see their rewards rise from a % of the initial quotas by 25% up to 75%, and up to 87.5% if they are also NALI’s Pillars;
- Possibility to dispose of one’s share on the NALI marketplace or in OTC between private individuals at the desired value while preserving the value of the invested capital;
- Ability to create trading and arbitrage strategies on the native BNB / BUSD / Token pairs of the project underlying the solution.
NALI’s Pillars (STAY TUNED):
Just as the snapshot of a heap of young stars was immortalized in the galaxy who, by joining together, formed the Pillars of Creations, so the NALI Pillars are our early adopters, those who believed in this project from the beginning and who by joining all together are creating something unique and incredible. Pillars of a project that thanks to them is growing and for this we of the NALI Team want to reward them now and in the future.
For each open POOL, and in which this possibility is foreseen, a limited number of places will be made available (Total Quotas).
VIP guests will be able to join by accessing the maximum share of 12.5% of the rewards distributed without investing BNB and / or BUSD, but exclusively through $NALI.
The opportunity to take advantage of the NALI’s Pillar category concerns some selected solutions and the amount of the fees paid by NALI’s Pillars will be made known in advance at the time of joining in the presentation form.
Who is NALI’s Pillar can also be a buyer and / or hedger by paying respectively the shares in BNB and / or BUSD.
For NALI’s Pillars there is no lock period of $NAO, however the $NALI placed within the single solution to which they have joined are temporally burned and the related burn ends when a financial goal is reached, calculated in BUSD, equal to the return of the initial capital at the time of joining plus a target profit equal to 100% of the invested capital (x2 on the value of the $ NALI at the time of joining).
The distributed rewards will be used preliminarily to cover the invested capital. Once the coverage is over, the NALI’s Pillar will receive rewards until the 100% profit target is reached (x2 on the value of the NALI $ at the time of joining).
Upon reaching the coverage of the initial capital invested in $ NALI the $ NALI will be completely burned. Upon reaching the profit target of 100% the NALI’s Pillar will terminate its investment plan, giving way to a new NALI’s Pillar. It may eventually become NALI’s Pillar again by allocating new $NALI.
If NALI’s Pillar decides to exit the investment early, and the initial capital invested in $NALI has not reached its completion in terms of burn, the $NALI still not subject to burning will be returned to him and he will not be entitled to any reward useful for the profit target of 100%.
Being NALI’s Pillar allows you to:
- Participate in rewards without allocating additional financial resources in addition to $ NALI;
- Expand your reward share if you are already a buyer and / or hedger;
- Freeze the value of $ NALI over time and see this capital transformed into BUSD;
- Adhere to a plan in which the target profit is equal to 100% of the initial value of the $ NALI allocated at the time of joining;
- Dismiss the plan early if you want to get back the $ NALI not yet burned;
- Save the 7 % slippage compared to choosing to sell on the market $NALI;
- Ability to create trading and arbitrage strategies on NALI / BUSD / native token pairs of the underlying project.
How will the Rewards be distributed?
The rewards will be distributed monthly, through the CLAIM button. It has been chosen to distribute the rewards in BUSD in order to be disconnected from the volatility of the price of the claimed token.
NALI’s Financial Suite (In Progress)
NALI’s financial suite will allow you to analyze the performance of your economic resources in an original and innovative way, through the NALI Project proprietary Altair platform.
It will be possible to:
- Check the rewards received through the NFT Ticket plan;
- Check the current and historical economic performance of the selected solutions not only in their absolute value, but by gauging the gain / loss on the basis of the received rewards and the market trend of the native token;
- Check if the chosen solution is outperforming / underperforming the trend of $NALI on the market in order to provide financial information that is actually useful for the user;
- Further information regarding indicators and indices useful for financial estimates.
The usability of the data will also be guaranteed by graphs that are easy to read and interpret.
Conclusion
Altair has been designed so that everyone can join and take advantage of rewards whether as buyers, hedgers or NALI’s Pillars, or by adhering to every possible type.
With a view to the future, the development and testing of NALI’s proprietary front running bots and arbitrage bots are underway.
NAO will be able to propose and vote on possible solutions that the NALI TEAM will evaluate in their feasibility, development, and implementation in Altair.
