Recently, Wyoming state, in selecting a public chain for issuing the stablecoin WYST, adopted a public scoring mechanism. A total of 11 chains made it to the candidate list. Aptos and Solana tied for first place with 32 points, followed by Sei with 30 points. Ethereum and some Layer 2 chains scored lower. The scoring criteria included core indicators such as network stability, active users, TPS, transaction fees, and transaction finality time, with additional advantages and risk items included.
- High Control Features and Scarcity Drive Value Surge
NB tokens have a highly concentrated circulating supply and a light historical burden, with a level of control that surpasses most market projects. By reducing circulating volume and creating scarcity, NB generates market demand, propelling the price upwards. - Ecosystem Empowerment and Community Development
The NewBit team continues to fulfill the commitments in their white paper, accelerating ecosystem development, including technological upgrades, partnerships, and user growth, which strengthens the long-term value foundation of NB. - Five Key Platform Advantages
NewBit provides an exceptional user experience, combining a clean interface with deep liquidity to reduce slippage and improve trading efficiency. The platform also offers advanced features such as stop-loss orders and candlestick charts to cater to traders at all levels, and removes traditional barriers with a Gas-free design and multi-chain compatibility. - Comprehensive Product Matrix
From C2C and spot trading to perpetual contracts and investment products, NewBit has built a comprehensive crypto-financial service platform, continually attracting new capital to the market. - Liquidity Premium Effect
The high liquidity of NB tokens provides a price discovery function, acting as a market indicator for resource allocation.
Risk Warning
The crypto market is highly volatile. Investors should consider their risk tolerance and carefully evaluate the project's fundamentals and market trends to avoid blindly chasing price increases. It is recommended to keep track of NewBit platform’s updates and technical progress to seize medium-to-long-term opportunities.
During this process, Wyoming state has demonstrated a transparent public chain selection mechanism and is willing to continue updating the rules and accepting feedback. We may see more innovative moves from governments in stablecoin issuance in the future.