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Nula Coin is backed by a mountain of fiat money. Every few months the Nula Foundation will burn some tokens (by sending them to the founders' wallet) to ensure the stability of the system. Proof of reserve will be updated regularly. Current proof of reserve pictures are available below.
Total supply: 70 000 002 700 000 tokens
Circulating supply: 69 420 000 000 000 tokens
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Proof of reverve: Nula coin is backed by pools of hyperinflated currency units. Our reserve is composed of uncirculated bills from different hyperinflated currencies. The first stability pool consists of 70 trillion zibabwean dollars. Our second stabilty pool consists of 2.7 million bolivares. Our liquidity pool contains thousands of brand new bolivares bills. All those bills are stored in cold storage (in a safe). A total of 70 000 002 700 000 units are secured in cold storage. We have "burned" 580 002 700 000 NULA tokens (by sending them to an address controled by our founders) for a total circulating supply of 69 420 000 000 000 NULA tokens.
In Nula, We Trust
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