NOV
NOVO

Novo Token Price (NOVO)

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About Novo Token

Novo is the first decentralized and deflationary duel-reward (Reflection & Staking Rewards) cryptocurrency protocol available on the Binance Smart Chain based on the NOVO token. The primary purpose of the Novo Protocol is to maintain stability and positive market-capitalization growth, not through the arbitrary and unbacked creation of new tokens or unnatural elastic supply adjustments, but by utilizing transactionary volume and implementing a myriad of mechanisms like Automatic Regenerative Liquidity (ARL), growth of Protocol Owned Liquidity (POL), and unique Price Recovery Mechanism (PRM), all while maintaining static rewards and introducing compounded rewards through staking. At the heart of all of this is the Novo Smart Treasury™(NST).