WE-Launch Result - Nova USD (USDN)

Announcing the conclusion of the new round of WE-Launch: Nova USD (USDN).

The result is as follows:
Total Prize Pool: 10,000 USDN
Total effective holdings: 330,606,094 WXT
Total weighted holdings: 425,119,114 WXT
Number of participants: 37,317
Number of qualified participants: 35,629

*To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

📅 Event Period: 2026-10-06 07:00 — 2026-10-09 07:00 (UTC+0)

About Nova USD (USDN)

Nova USD (USDN) is a stablecoin issued by Coconut Financial Holdings Ltd., designed to maintain a peg to the US dollar. According to the project, each USDN is backed 1:1 by AED-denominated reserves held in segregated accounts. The project also states that it will publish monthly CPA reserve attestation reports.
The project states that USDN is minted against fiat from KYB-verified distributors and burned upon redemption.

Additional information
Official website
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