“You must learn from your past mistakes, but not lean on your past successes.”
~Denis Waitley
The Novo mission is simple…
“To make DeFi more accessible to the masses.”
As straightforward as this seems, the path to creating a technological powerhouse capable of scaling and managing the wealth of billions in assets while maintaining decentralization and more markedly retaining security is no easy feat. Those of us that seek to engineer products and services on the blockchain understand the inevitable challenge of balancing security, decentralization, and scalability. This is known as the Trilemma, and it is not a Novo challenge but rather a blockchain challenge, a challenge we inherent on any chain we provide our ecosystem on.
As the founder and CEO of Novo, I am here to take full accountability for my actions. Admittedly, mistakes were made upon our initial release. When we launched the Novo Dapp, I was focused on getting a product to market as fast as possible. I pushed our developers and encouraged speed, which ultimately led to the diminished quality. It is important to clarify that the solutions we implemented are safe and secure. Our issues lie in the foundation and implementation. The Team and I began to look at the best possible way to adapt and change our current solutions to better solve the problems facing us.
Some of these problems were of a UI nature, while others were smart contract specific. Above all else, the ability to properly and effectively calculate rewards was our greatest challenge. Smart contracts are written in a programming language called Solidity. Those that are familiar with Solidity know that it is a finicky language. A solution like temporal staking does not yet exist because it is so difficult to build.
We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.” — John F. Kennedy
I am not an engineer, I am not a programmer. Yet I wanted to create something that I knew was going to be a challenge for my team. As I learned more and more about our limitations, new ideas emerged. A clear path started to form in my mind, and I knew it would better serve the Novo mission. Though, I also wanted to learn from our past mistakes. The first step is not thinking about our solution as a foundation for one product, but as a foundation for all of the amazing plans we have for the future of our ecosystem. I knew that putting a band-aid on our current product was not a viable option. I knew that we needed to re-imagine, re-engineer, and re-implement something new, something better. However, I was also aware that this new solution would be no easy feat.
In order to better explain our new path, you must first understand our current solution, and how it operates.
As we all know, the entire premise of the Novo reward contract is based upon the concept of Temporal Staking, inspired from a short white-paper I authored in late 2021. The idea, to stake or lock your tokens into a smart-contract should be multivariable, rather than simply proportional to your contribution to the pool. Temporal Staking was also meant to take into consideration the time staked in relation to other stakers. A typical staking contract will distribute rewards based on predetermined reward multipliers and (usually) will use a mint function to create these rewards. The latter is a topic we will discuss later, but a fixed reward rate is quite easy to determine. One of my favorite videos, by “Smart Contract Programmer”, explains how most staking contracts operate and how rewards are calculated. The videos can be a bit mind-dulling for some so let me summarize the main points:
The Reward calculation is directly proportional to each individual’s share of the staking pool, and dependent on the amount of time staked. A fixed amount of the reward is minted every second, thus, the length of time you stake directly impacts your reward calculation. Instead of relying on a time based component, the number of times you are eligible to receive your reward distributions is based on your own share of the staking pool.
Allow me to give you an example, below you will find what a transaction would look like in a real staking situation…
Bob and Alice both decide to stake 100 Tokens. Let’s assume that Bob and Alice are the only stakers so the total pool is 200 Tokens and because each of them owns 50% of the “Pool”, which refers to the total number of tokens staked…(100/200=.5) they will each receive 50% of the rewards minted while their tokens are staked.
Now let’s assume that Alice staked her 100 tokens One Day before Bob. Because she was the only staker at that time, she will receive 100% of the day’s rewards (100/100=1).
When Bob stakes the following day, The rewards split will revert back to a 50/50 split for any new rewards minted since they each have the same amount staked.
This will remain the same every day moving forward, changing only when token holders decide to stake their tokens. Even though Alice has staked her tokens longer than Bob, she will never receive any additional benefits for staking before Bob. This is what we have set out to change!
Patience is the best remedy for every trouble. — Plautus
Staking shows more support for a project than other act, so why are early stakers not rewarded? We define Temporal Staking as a reward through a smart contract, which distributes the staking rewards by not only analyzing the share of a pool, but by simultaneously analyzing the length of time staked in relation to the current longest staker. Let’s dissect this a bit more, discuss the current limitations, and explore a whole new method for Temporal Staking execution.
In this example, we will use a simple scenario with basic math to explore our concept. Earlier, we noted that Bob and Alice each staked 100 Tokens, and because they were the only two stakers, they shared the rewards 50/50. Let us use this same example, but now, let’s implement a time component.
It is important to note however, that Novo does not mint tokens on a fixed timeline, or at a fixed rate, but rather uses a tax on volume to generate “Real” rewards without inflating the supply.
So, let’s assume that Alice is the first person to stake her 100 Novo tokens. This means that Alice is now the “Timekeeper”, this concept is important and we will discuss why later. Now let us assume that Bob Stakes 100 Novo tokens exactly one day after Alice. We actually use seconds when we calculate an individuals’ “Time Staked” but we will keep it simple and stick with days for this example.
In a typical staking equation, both Bob and Alice would move forward receiving the same amount of staking rewards based on the pool size. However, in temporal staking, Alice will receive more rewards moving forward because we consider her time staked against Bobs. You can think about Time Staked the same way we thought about the share of the pool example above. Remember, Alice has staked two days, and Bob has only staked for one day. This means that the total time staked is three days (Two days from alice plus One day from bob).
Now, we can find out each stakers reward multiplier by dividing their days staked by the total days staked, which is 2/3=.666 for Alice and 1/3=.333 for Bob. If we used the time equation to calculate 100% of the rewards, then regardless of what quantity of Novo was staked, Alice would receive 66% of the rewards and Bob would receive 33% of the rewards.
Though we do not believe this is fair either.
Each stakers share of the rewards is split 50/50, half of the rewards being distributed based on their share of the pool size, and the other half based on their share of time staked in relation to the longest staker. Shortly, we will clarify why we have pegged time staked to the longest holder, instead of the total time staking has existed.
So in summation, let’s assume that we have 1000 Novo to distribute to stakers. In reality, this 1000 Novo would have come directly from the volume transacted as each buy and sell is taxed at 5% with 3% going directly to stakers. So of the 1000 Novo to be rewarded, we split it down the middle and distribute based on the two components. Bob and Alice have the same amount of Novo staked and therefore will both receive 250 Novo out of the 500 Novo (Half of the Total rewards) distributed.
Because Alice has staked nearly double the amount of time that Bob has staked, she will receive 66% of the other half of the rewards (500 Novo) which is 500*.666=333.33 Novo.
Bob will only receive 500*.333 = 166.666 Novo. This brings Alice’s total to 333.33 + 250 = 583.333 Novo, and Bob’s reward total to 166.666 + 250 = 416.666 Novo.
This means that even though Alice and Bob staked the same amount of Novo, Alice received 33.333% more because she has been staking her tokens longer.
Now this is a very simplified way of looking at things. As time goes on, Bob’s time staked in relation to Alice will actually go up. Let’s assume they both chose to stake their Novo for 30 more days. This would mean that Alice has staked for 33 days and Bob has staked for 31 days. The total sum of time staked is therefore (33+31=64). Now we can divide each stakers Time Staked by this number.
Therefore:
Bob = 31/64 = .485 (48.5%)
Alice = 33/64 = .515 (51.5%)
The longer you stake, the smaller the gap becomes between any staker and the Timekeeper (The longest staker).
Now let’s take a look at what happens if Alice unstakes half of her balance and at the same time, a new staker named Jon enters the staking pool with 500 Novo. To keep things simple, let’s assume the following:
Bob: 31 Days Staked | 500 Novo Staked
Alice: 33 Days Staked | 1000 Staked Novo
Jon: 1 Day Staked | 2000 Staked Novo
Let’s begin by calculating everyone’s share of the rewards based on the amount of Novo Staked. Assuming 200 Novo in rewards is distributed daily, 100 for bag weight and 100 for time weight, we can now determine the following.
Bob: 500/3500=0.1428 (14%) =
14.28 Novo
Alice: 1000/3500=0.2857 (29%) = 28.57 Novo
Jon: 2000/3500= 0.5714 (57%) = 57.14 Novo
We see that Jon has only been staking for one day but because he has chosen to staked an amount larger than Alice and Bob, he is able to receive up to 57% of HALF of the rewards.
Now let us take a look at the Time Staked Component.
Bob: 31/65=0.4769 (48%)
=
47.69 Novo
Alice: 33/65=0.5076 (50%)
=
50.76 Novo
Jon: 1/65=0.0153 (2%)
=
1.53 Novo
This brings the total rewards from 200 rewards to:
Bob: 14% & 48%= 31%
Alice: 29% & 50%= 40%
Jon: 57% & 2% = 29%
What should be taken away from this equation, is the fact that Jon is a “Whale”, and is able to absorb a large quantity of the staking pool right away. Though please note that Jon will still be receiving less rewards than Bob and Alice, who have been staking for a longer period of time. As mentioned earlier, let us now examine what would happen if Alice unstaked half of her bag. When you unstake any amount of Novo, your Time Staked will reset to 0.
So now the breakdown looks as follows:
Bob: 500/3000=0.1666 (16.6%)
= 16.666 Novo
Alice: 500/3000=0.1666 (16.6%)
= 16.666 Novo
Jon: 2000/3000= 0.6666 (66.6%)
= 66.666 Novo
Because Alice reduced her balance by half, her rewards went from 29% down to 16.6%. While Bob’s share went up to 16.66% from 14% and Jon’s share went up as well from 57% up to 66%. Bob will also see far greater returns from time staked.
Take a look at the example below.
Bob: 32/35=0.9142 (91%) = 91 Novo
Alice: 1/35=0.0285 (3%) = 3 Novo
Jon: 2/35=0.0571 (6%) = 6 Novo
Bob is now the new Timekeeper, and this is the new benchmark for the entire staking pool. Bob is now earning a whopping 91% of the Time staked, while Jon’s percentage jumped from 2% to 6% simply because Alice unstaked. Of course, Alice went down to 3% and will have to continue to stake to make up the ground she lost.
The final results are as follows…
Bob: 16.6% & 91%= 54% =108 Novo
Alice: 16.6% & 3%= 10% = 20 Novo
Jon: 66.6% & 6% = 36% = 72 Novo
If you ever ask us about the “APY” Novo offers, you will hear us say:
“WE DO NOT KNOW!”
The rewards are constantly changing, as people stake and unstake their tokens. The only thing anyone can do is to try to continue to stake above all else in an attempt to become the Timekeeper.
At Novo we believe that temporal staking will be the future of incentivized reward systems. Now that we have explained how rewards are calculated, let us discuss why it is difficult to derive these calculations.
Challenge One: How do we calculate volume to derive rewards?
Our first and most significant challenge is the calculation of total rewards based on volume. We know that 3% of buying and selling goes directly to staking rewards, so why is this difficult you ask? It is because we have to gather outside data to analyze the volume. We could use an API from BSCSCAN to get volume estimates or we can monitor Pancake Swap DEX transactions to estimate volume. The major problem is that this relies on outside data and outside data is subject to manipulation and potential error.
We believe there is a better way.
Challenge Two: One central reward pool.
As we now know, when Novo is transacted, 3% of the transaction goes directly to the staking pool, which is constantly accumulating Novo. Whenever a new staker enters the pool, they are immediately claiming a share of the entire staking rewards, even if the rewards were acquired long before they entered the pool. This is because we use a volume based approach, rather than simply minting tokens.
In order to solve this problem, we would have to recalculate an individual stakers rewards using time stamps while matching outside reward data to get a realistic reward number upon unstaking.
Would this have worked?
Yes.
However, is this a smart and efficient way to calculate rewards moving forward?
No.
Another reason I dislike having one central reward pool is that it is more susceptible to becoming severely affected by malicious behaviors. One single pool creates one single point of failure. If a bad actor were able to exploit the pool and access the funds, it would be all of the staking rewards including the principal amount staked. This was the primary reason we decided to go in a new direction.
Challenge Three: Displaying Accurate Metrics.
The only way to provide staking data is once again, to rely on outside data sources. Using API’s is ok for estimating certain metrics like market-cap and current price. However, we need exact numbers when it comes to providing rewards calculations and historical APY figures.
Challenge Four: Lack of Scalability.
Our staking solution may seem simple now, but in the future we are looking to add features and functionality. Assuming that you wanted to opt in and out of “Proxy Growth” through the treasury. This means that the treasury will collateralize your stake value, and additionally lend it out to yield optimizers, generating additional returns outside of the protocol. Though this is not currently possible with the staking protocol, and would have to be re-engineered.
Challenge Five: Incompatible with Chain Agnosticism.
Obviously, our ultimate goal is for Novo to be supported on multiple block chains while retaining one total supply. In order to make things truly streamlined and effective, we have to not only transfer Novo across chains but also individual stakers. This is perhaps one of the greatest enhancements we are making.
Challenge Six: Secondary market for long stakes.
Because of Temporal Staking, longer stakes will earn a greater share of the rewards. People may pay a premium now to purchase your stake in order to receive larger returns over time. By completely rebuilding our staking contracts, it will allow for the tokens staked to be transferred to other wallets, without affecting the time staked. We believe that a secondary market for Longer Stakes will emerge and will be directly integrated into our ecosystem in the future.
Our vision for the future: Novo 2.0
At this point, you are probably wondering how we are going to face all of these challenges. Our answer is to introduce “Certificate of Stakes” or “COS”. A COS is an utility NFT. No, we are not talking about pictures of monkeys or pixelated avatars, but more on that shortly.
Whenever you stake Novo in the current Dapp, your tokens are removed from your wallet and placed inside the staking pool. This pool holds all of the staked tokens and collects all of the staked rewards.
This is the first thing we aim to change.
Asking ourselves a couple very simple questions; Where is the safest place to send stakers’ tokens? Should we split them up into different vaults?
Or, perhaps we could separate the reward pool from the staked pool, and that was when the solution emerged. We will not send them anywhere. Your Novo tokens will never leave your wallet meaning they will always remain safely guarded from malicious attacks.
So instead of moving your Novo when you initially stake, we instead mint a one of a kind NFT that serves as your certificate of stake. Similar to a COD or certificate of deposit but without carrying a fixed interest rate.
This does however mean that your tokens will be locked. The COS serves as the gatekeeper to your staked tokens and rewards. When the COS is initially minted, it will lock your tokens inside your own wallet for a duration of Seven Days.
Your COS also stores all of the pertinent information regarding your stake, such as the principal balance, rewards earned, time staked, and a unique serial number assigned to every single stake.
This means that your NFT will have intrinsic and extrinsic value. The intrinsic value being the total sum of Novo multiplied by the current price including rewards. The extrinsic value can then be calculated based on the percentage of rewards earned by the NFT, and what someone would pay to be able to receive that percentage of rewards in the future. This leads us to two new features in the Novo Dapp, the “Leaderboard” and the “Individual Novo Score”.
The Leaderboard
The Novo Leaderboard is a new page in the Dapp that shows the Time Staked off all stakers in order, including the current Timekeeper. This is a fun way to track where you are in a list of the longest stakers, and to see how far up the list you are moving. Remember no one can pass you in time staked, so you can only move up when those in front of you unstake. This page will also show each staker’s Novo Score and will allow you to paste your wallet address in order to find your position.
Novo Score
Your Novo Score is simply a combination of your stake weight and your time staked. Each stake has the following:
Bag Weight = Total Novo (including rewards)/Total Staked Novo
Time Weight = Total Time Staked / the Sum of all Stakers Time Staked
Let’s assume Sawyer’s total stake includes 1,252,200 Novo and has been staked for 90 days 4 hours and 52 Minutes. Let’s also assume the total amount of Novo Staked is currently 120 Million Novo and the sum of all stakers time staked (in seconds) is 7,770,843,597.02
Sawyer’s Novo Score would be :
((1,252,200/120,000,000)+(7,793,520) /7,770,843,597.02))*100 =1.143
The Novo Score helps track your staking progress over time in a quantifiable way.
Certificate of Stake
Each stake receives a one of a kind NFT known as a Certificate of Stake. Rather than thinking about this like a traditional NFT based upon artwork, a COS is an asset that holds value in a multitude of ways. It also allows us to secure, manage, transfer, and collateralize your Novo without your tokens having to ever leave your wallet.
Each COS contains and stores the following values:
- A Unique Serial Number associated with each stakes Time stamp of the original day, and when the time staking was initiated.
- The Principal amount of Novo staked, plus the total amount of rewarded Novo.
- The total sum of Novo. (Principal Stake + Rewarded Novo).
- Overall Novo Score (Shown on Leaderboard Time Staked ranking (Shown on Leaderboard).
- Current Lock Status (7 days from initial stake).
- Early unlock price display (Explained here).
- Opt In/Out status for Proxy Growth. (Requires 24 hour unlock notice)
Improved Reward Mechanism
Our new method does not rely on one smart contract for staking, but instead uses a series of smart contracts that work in tandem with the COS and the Novo Token Contract. When Novo is transacted, 3% goes to stakers, 1% goes to the Liquidity Pool (LP), and 1% goes to the Treasury. The burn percentage was turned off, but can be turned back on in the future based on the community’s vote.
It is important to note that Novo implemented a Proxy Contract for the sole purpose of being able to adjust these percentages in the future.
The Novo Smart Treasury receives 1% of each transaction. The treasury supports the project through a myriad of activities that will be discussed in a future whitepaper. The 1% that goes to regenerative liquidity is split between BNB/NOVO and added back to the locked liquidity pool.
Now let’s take a look at the 3% fee that is rewarded to stakers. Unlike “Rebase” protocols or “Auto-Staking” protocols, Novo does not simply mint tokens out of thin air. It is our belief that unless the rewards are generated from fees, (either ecosystem fees, trading fees, or volume based tax fees) it will likely be unsustainable in the long (and even short) term.
We call Novo a “Volume-Based’’ protocol. Meaning it derives staking rewards from the volume transacted both directly on a DEX or ecosystem products like Novo Pay. Now, let us examine an example of the transaction and see how they are distributed to stakers.
What happens when someone buys $2,000 worth of Novo, at a price of $0.002? The total amount of the transaction is 2,000/.002 = 1,000,000 Novo.
5% of the transaction is distributed as follows:
Staking Rewards: 1,000,000 * .03 = 30,000 NOVO
Regenerative Liquidity: 1,000,000 * .01 = 10,000 NOVO
Novo Smart Treasury: 1,000,000 * .01 = 10,000 NOVO
So we know that 30,000 NOVO, worth $60 USD, is to be distributed to stakers based on the Temporal Staking equation. This is where the new Novo Reward Contract comes into play. The smart contract receives 30,000 Novo immediately after the swap. The Novo Reward Contract checks its total value of Novo every 30 minutes for distributions via AA or Automated Airdrops.
Lets assume that it is 8:15 PM and the only transaction that happened between 8:00 PM and 8:30 PM was the one outlined above. The reward contract will initiate a new distribution and check the total balance. Since the balance is $60 or 30,000 Novo, that sum will be distributed based on the Temporal Staking equation to all stakers at 8:30 PM. The next distribution will take place at 9:00 PM and any and all rewards accrued will be distributed to stakers leaving the reward contract empty.
Calculating Volume & Rewards
You may recall the challenge we initially faced with calculating rewards based on volume using API data. Our new staking mechanism inherently removes the need for us to calculate volume. By simply checking the reward contract balance, we know the volume is 97% of the total rewards accrued, because the Novo token contract automatically and without fail collects 3% for stakers.
How does the reward distribution work?
Do I need to harvest? Do I need to call my rewards? Do I need to do anything? The answer is NO!
Once you are staked, the rewards will automatically be sent to your wallet every 30 minutes without any action required by the staker. You can see how many Novo tokens you have been rewarded by looking at your COS, and as your balance and time staked grows, you will receive a greater share of the rewards.
When can I unstake and what happens?
Every single COS has a maturity date of 7 days before it can be unstaked. Unlike the original staking contract, where you had no option to unstake early, but now you can. We are also introducing an early unstaking option that will incur staking fees. In essence, the earlier you want to unstake within the 7 day period, the larger that fee.
7-6 days out = 7% of total stake
6–5 days out = 6% of total stake
5–4 days out = 5% of total stake
4–3 days out = 4% of total stake
3–2 days out = 3% of total stake
2–1 days out = 2% of total stake
Less than 24 Hours = 1% of total stake
After 7 days = Free Unstake (At anytime)
Important:If you opt in for Proxy Growth, you will have to initiate an unstake 24 hours in advance. This means that regardless of your unstake status, you will need to wait 24 hours to unstake. This also holds true for early unstake fees. For example, if you have 3.5 days left of staking, you will pay 4% of your total stake to unstake early but will still have to wait 24 hours to unstake.
This is because your funds are being used to generate additional returns for you and the funds must be reorganized to ensure proper management. Another example would be to assume that you have staked for more than 7 days, and are eligible to unstake at any time. If you are not opted in to Proxy Growth, you are free to unstake immediately without fee. However, if you are opted in to Proxy Growth, you will be required to initiate the unlock and wait 24 hours to complete the transaction.
What happens if I unstake part of my balance?
This is where things get interesting. Unstaking Novo will affect your Time Staked score, but it depends on how much you are unstaking. You can harvest your rewards (only Novo earned by staking) and will only incur a 50% time staked reduction.
By reducing your principal balance by any amount, you will be subjected to a complete time reset back to 0 seconds. This means that if you were to have initially staked 1000 Novo, you must maintain a balance greater than or equal to 1000 Novo or else you will start from zero.
This holds true for the Timekeeper as well. If the Timekeeper decides to unstake their rewards, they will reset by 50% and a new Timekeeper (The second longest staker) will emerge.
Can I add to my stake?
Perhaps one of our most requested features, you can now add to a current stake without having to create a new stake or affecting your Time Staked calculation.
There are however rules.
The amount added can not be greater than the current staking balance, and adding any amount will start the 7 day lock period again.
You may be wondering why we have implemented these rules…
For starters, adding to your stake without creating a new lock gives those new funds access to rewards instantly, while other stakers will have to wait 7 days. This will also de-incentivise pooling funds, meaning that someone with a long stake can have their friends send them funds and add it to their stake. Our goal here is to level the playing field and avoid irrecoverable inequality.
Can I transfer my COS?
Absolutely! This is one of the reason’s we decided to use NFT’s to represent stakes. It allows for the transfer of ownership to another address.
Transfering a COS incurs a fee (3% of the staked value) that is distributed directly back to stakers. We believe that a secondary market will arise and that market will create extrinsic value for particular stakes depending on their Novo Score.
For example, a COS that is earning a high APY due to a longer stake may be sold at a premium beyond the underlying Novo it holds. We intend on creating the marketplace for these stakes directly in our Dapp in the future but they will also be OpenSea compatible.
The Long Term Vision
Novo 2.0 will put us in position to capitalize on other ecosystem products. Bringing Novo Pay to market is a great priority of ours, as it serves our underlying motive to drive volume. In our quest to create a more sustainable DeFi protocol, we have to not only deliver quality products but the volume to sustain them.
How can a volume based protocol survive, let alone flourish when volume is low? This question forms every decision we make. Admittedly, our answer to the volume dilemma is multifaceted. Though we do believe that we have come up with one solution that will drive volume above all else, “AAA”.
What is AAA?
The future of Novo lies in generating volume. What if I were to tell you we have a way to incentivize volume to meet minimum staking return thresholds?
This means that the protocol can stimulate real volume to generate real rewards at any time.
The power to do this would be the first ever seen not only in DeFi, but in Crypto as a whole. AAA deserves its own announcement at a later date but it will arrive in 2022. In fact, a second chain is required for AAA to be implemented so it will be launched shortly after Novo is released on an additional chain.
Novo Pay Update
Our flagship product, Novo Pay, aims to bring wide-scale adoption to DeFi. In order to bring inexperienced crypto investors into the DeFi fold, we have to make acquiring new and early stage projects easier. Ironically, the Novo Pay product development is complete and has been complete for some time. In order for us to onboard using Fiat payments, we must have proper company formation. While we originally planned to be an LLC in Wyoming (USA), we have since hired specialized cryptocurrency legal council to advise on the best country and legal structure for Novo moving forward. Expect more updates on this in the near future.
When will we start Marketing?
Everyones favorite question! If you have followed Novo since it’s inception or happen to know my philosophy on growth, you know that I prioritize sustainable growth over hype and marketing based pumps. Growth is good but nothing can set a project back more than its inability to scale product and protocol growth at the same rate as community and market-cap growth. We want these two things to grow in tandem. Now with that being said, we are going to start picking things up. Not only will we be releasing Novo 2.0 in April of 2022, we will also be bringing on two new Core Team Members. The first will be a new Head of Marketing. The second will be a new Community Manager. Rest assured that growing the Novo community will be a greater priority of ours as we get closer to launching Novo 2.0.
This is just the beginning
Novo 2.0 is the new foundation upon which our entire ecosystem will be built. We have some truly amazing things in store and can not wait to share them with the world. Thank you for supporting us and being a faithful Novonaut!
-Andrew Eddy — Founder & CEO
