Peanut.trade is a DeFi price balancer that protects LPs from impermanent loss, reduces slippage, and increases profits for liquidity providers by mitigating the impact of large DEX trades on corresponding asset prices on CEXs. Integrated into the Curve platform, it minimizes slippage and the risk of impermanent loss. It splits the assets of liquidity providers into two parts: 90% is used to provide liquidity on Uniswap (or other DEXs), while 10% is utilized for automated multi-level price balancing across Uniswap, other DEXs, and CEXs.
NUX is the ERC20 token that supports the Peanut protocol.

NUX Utility Features
To balance token rates on both CEX and DEX platforms, having an effective algorithm alone isnt sufficient. Its merely a tool. Without a substantial amount of crypto assets, it wont function properly. Peanut will supply some of these assets from its own reserves. However, the majority will be provided by third parties who earn passive income by lending out their resources. Anyone, from individuals to investment funds, can become such a liquidity provider (LP).
To increase the liquidity in Peanut pools, users will need to deposit NUX tokens. Otherwise, Peanuts algorithm wont be able to perform balancing operations based on user liquidity.
The NUX token allows our algorithm to work with your assets. Liquidity providers (or regular users) should have enough NUX so that the Peanut balancing mechanism can start operating their liquidity. After profits are earned, a 10% fee is charged from the NUX tokens.