The Development Path of the NEST System: Building an Ecosystem Based on Demand

The NEST system is undergoing a transition from a consensus-driven model to a demand-driven one. This shift is based on a reflection of the current development patterns of blockchain projects, aiming to avoid potential collapse equilibria.

The primary goal of NEST is to expand participation through popularization while enhancing product usability. Secondly, it aims to promote financialization, similar to Ethereum's approach of embedding financial attributes into the system. NEST is exploring the production of more assets through linear operators, forming an application closed loop with NEST. This financialization process may bring exponential effects, such as generating PUSD through the collateralization of NEST and then purchasing NEST to create leverage.

In CoFiX 2.0, asset allocation and hedging will be automated. In the future, there may be game-based automated asset management that allows users to "throw" assets onto the chain for automatic trading. This further strengthens the demand for NEST.

The NEST system can be seen as a decentralized Wall Street, where the DAO plays a role similar to Goldman Sachs, acting as the absolute seller of options. With the establishment of the model and the deepening of financialization, NEST will enter a more standardized development stage.

The development path of NEST can be summarized as: demand-ecosystem-consensus. This path emphasizes starting from internal system demands and gradually expanding outward. For example, satisfying miners' demand for assets, followed by dynamic asset management, and then to a broader DeFi ecosystem. This strategy of "demand not overflowing" helps to establish a solid foundation in areas with lower uncertainty.

Ultimately, the goal of the NEST system is to create new attributes and characteristics when reaching a balanced state, which is where its value lies. By continuously meeting the needs of the internal system and the related ecology, NEST is expected to establish a sustainable decentralized financial ecosystem.