Nomis

**Paxos has minted $300 trillion worth of PYUSD stablecoin on Ethereum** - an amount equivalent to the entire world's debt. This massive minting event represents one of the largest single stablecoin issuances in crypto history. The scale of this transaction raises questions about: - **Market impact** and liquidity implications - **Regulatory oversight** for such large-scale operations - **Technical infrastructure** handling transactions of this magnitude The timing and purpose behind this enormous mint remain unclear, warranting further analysis of Paxos's strategic intentions.

**Nomis Score** introduces a credit score system for crypto wallets, rating onchain behavior from 0-100. The platform analyzes wallet activity across multiple factors: - **Real usage** vs airdrop farming - **Consistency** in holding, staking, and swapping - **Genuine behavior** vs copy-paste patterns **Why it matters:** - Projects can identify authentic users - Real contributors get recognized and rewarded - Universal scoring system (like traditional credit scores) A score of 100 represents the "perfect reputation wallet" - not wealth, but consistent, genuine onchain activity that proves you're a real person, not a bot. [Learn more about Nomis Score](http://nomis.cc)

Token Generation Events (TGEs) are shifting toward **DEX-first launches** as an alternative to traditional airdrops and exchange listings. This new approach aims to: - Create genuine market demand from launch - Build sustainable liquidity pools - Reduce immediate sell pressure **The problem with current TGEs:** - 50-80% of new tokens turn red after launch - Median price drops 40-70% post-TGE - Only ~11% of airdropped tokens stay positive after 90 days Traditional launches often fail due to: - High fully diluted valuations with small circulating supply - Token unlock schedules creating continuous sell pressure - Lack of real utility beyond speculation **DEX-first launches** could address these issues by establishing organic price discovery and liquidity before major exchange listings. The key question shifts from *"when to launch?"* to *"is the project ready for sustainable tokenomics?"* Read the full analysis: [Airdrops vs DEX-First Launch](https://nomis.cc/blog/airdrops-vs-dex-first-launch?utm_source=tg_bot)

**Micro3 x Nomis Halloween Quest** is live with $15K prize pool **How to participate:** - Complete social tasks - Mint Nomis Score on Base network - Hold Base Score for +20% USDT bonus - Share referral links for additional rewards **Key benefits:** - AI-powered wallet reputation scoring - Cross-chain compatibility - Potential airdrop eligibility - Personalized DeFi experiences The quest combines **onchain reputation** with Halloween-themed rewards. Nomis Score acts as a Soulbound Token (SBT) proving wallet activity and humanity. [Join the hunt](https://micro3.io/quest/nomis-on-halloween-67cf4bbc)

If you encounter issues with attestation, there are a few things to consider. Some antivirus software may block certain ipfs links, so it's recommended to add those links to your antivirus exceptions. Additionally, there may be errors related to the loading of scoring data, which can prevent subsequent Verax attestations. It may also take some time for attestation data to be available in Intract after a successful Verax attestation. If none of these solutions work, users are encouraged to open a support ticket with their wallet address for individual assistance.

The server upgrade work has been successfully completed. Users can now pass the Verax attestation on the page.

The servers are currently being updated, which may result in temporary unavailability for approximately 10-15 minutes.

Users have been experiencing issues with the verification of tasks in Intract after Verax attestation using Linea Nomis Score. The verification fails because the user has not sent the transaction to Verax for attestation. Users need to click on the 'Get new attestation for free' button to ensure successful attestation in Verax. A link is provided to check if your wallet is attested using the Verax subgraph.

As of December 7, 2023, all work on the site has been completed, ensuring its proper functionality.

The nomis.cc site will be temporarily unavailable due to a server upgrade.