What is Nym (NYM)
Nym (NYM) is the native token of the Nym ecosystem, which focuses on providing strong network-level privacy and anonymous transactions. The token incentivizes behaviors that promote user privacy, such as running mix nodes and delegating stakes. NYM has a reputation system ensuring that the node operators maintain high standards of privacy. The token distribution is designed to reward contributions to the network, with a portion allocated for ongoing development and community initiatives.
Notes:
As per this announcement, Bitfinex supports Nym on both Mainnet and Ethereum blockchains. Trading is available for NYM (Mainnet) tokens only. In order to trade Nym, ENYM (Ethereum) tokens on Bitfinex need to be converted to NYM (Mainnet).
The API symbol for Mainnet based Nym Token is NYM, while Ethereum (ERC-20) based Nym Token API is ENYM.
Conversion
NYM can be easily converted to ENYM, and vice versa, on your Wallets page, heading to More actions and using the Currency Conversion tool.
Discover more about NYM on the Bitfinex Blog.
Supported Transport Protocols
- ERC-20
- Mainnet
Supported Blockchains
- Ethereum
- Nym
Useful links