Nu is controlled by shareholders who own NuShares and mint blocks with them using proof of stake. Unlike other Peershares networks, Nu also verifies and transmits transactions of currency units called NuBits. Nu permits holders of NuShares to manage the quantity of NuBits without dependence on any off blockchain mechanisms.
NuShares (NSR) represent ownership of Nu and have already shown potential for large profits. Expect more gains as the partnership between Nu and @bartertradeio matures and work to regain the USNBT 1 dollar peg continues https://t.co/0tHEgiLsLW
Weekly buy-backs are taking place. Purchased USNBT are then burned to reduce the number in circulation. All part of the larger plan to restore the $1 peg. https://t.co/ujWq0cwXWZ
Good News for Nu holders. Nu will be partnering with @bartertradeio. Funds for the deal have been created and a plan is being put into action for restoring the $1 peg. More detail here: https://t.co/OWPMcHSNLh