NYM（NYM）底漆

NYM（NYM）是一種開源，激勵和分散的物理基礎架構（DEPIN）協議，可在任何應用程序的網絡級別保護隱私

Nym, an open-source protocol that provides privacy at the network level for any application, wallet, or digital service, is deploying a physical infrastructure (DePIN) protocol with an in-built privacy token. It is an unclaimed part of the internet's technology stack.

Nym是一種開源協議，在網絡級別提供任何應用程序，錢包或數字服務的隱私正在部署具有內置隱私令牌的物理基礎結構（DEPIN）協議。這是互聯網技術堆棧中無人認領的一部分。

The protocol is used to build a private and decentralized network on any public chain. It can be used to build anything from DeFi protocols to messaging apps. The protocol is also modular, allowing developers to choose the components that best suit their needs.

該協議用於在任何公共鏈上建立私人和分散的網絡。它可用於構建從DEFI協議到消息傳遞應用程序的任何內容。該協議也是模塊化的，使開發人員可以選擇最適合其需求的組件。

Nym is a mixnet that provides protection against traffic pattern analysis and metadata surveillance. It is a tool that enables private end-to-end internet communication between users and the web with strong legal and technical metadata protections. In addition, Nym is building a proprietary application on top of the mixnet, which is a VPN service. As such, it is not exclusive to blockchain-related activities.

NYM是一款混合網，可保護交通模式分析和元數據監視。它是一種工具，可以通過強大的法律和技術元數據保護來實現用戶與網絡之間的私人端到端互聯網通信。此外，NYM還在Mixnet上構建專有應用，即VPN服務。因此，它不是區塊鏈相關的活動所獨有的。

The NYM token serves the following functions for the Nym mixnet and the underlying appchain:

NYM令牌為NYM混合網和基礎appchain提供以下功能：

The token and the appchain blockchain serve the economic function of the NYM mixnet, the DePIN protocol responsible for private communication.

代幣和Appchain區塊鏈發揮了負責私人通信的Depin協議Nym Mixnet的經濟功能。

This quarter, NYM’s price bounced back up after a steady decline in Q2 and Q3. NYM price increased 32% QoQ from $0.08 to $0.10. The market cap also grew 32% QoQ, closing at $84 million. NYM was initially distributed as a native Cosmos ICS-20 token and an ERC-20 token, which were bridged to Ethereum via Gravity Bridge for Coinlist users. At the end of Q4, the ERC-20 NYM supply stood at 120 million, or 15% of the total 807 million circulating supply.

本季度，NYM的價格在第2季度和第三季度穩步下降後反彈。 NYM價格從0.08美元增加到32％的QOQ。市值也增長了32％的QOQ，收盤價為8400萬美元。 NYM最初是作為本機Cosmos ICS-20代幣和ERC-20代幣分佈的，它們通過重力橋橋接到以太坊，用於共同列表用戶。在第四季度結束時，ERC-20 NYM供應量為1.2億，佔807億個循環供應的15％。

Ethereum ERC-20 NYM can be bridged to native Cosmos NYM through centralized exchanges such as OKX and bridges such as Gravity Bridge.

Ethereum Erc-20 Nym可以通過集中式交換（例如重力橋）將其橋接到天然Cosmos Nym中。

Last quarter, Nym Technologies released an NYM Swapper app that allows the exchange of NYM tokens between the native Cosmos-based app chain and Ethereum’s ERC-20 tokens via MetaMask and Keplr wallets. This tool simplifies the bridging process and allows users to easily stake tokens on Nym nodes for rewards and manage delegations across the two blockchain ecosystems.

上個季度，NYM Technologies發布了一個NYM Swapper應用程序，該應用程序允許通過MetAmask和Keplr Wallets在基於天然宇宙的應用程序鍊和以太坊的ERC-20代幣之間交換NYM令牌。該工具簡化了橋接過程，並允許用戶輕鬆地將令牌放在NYM節點上以獲得獎勵，並在兩個區塊鏈生態系統中管理代表團。

The protocol provides incentives for operators (who run Nym Nodes or Nyx validator nodes) and those who delegate to these nodes to bootstrap the network and maintain its security.

該協議為運營商（運行NYM節點或NYX驗證器節點）和將這些節點委派的人提供激勵措施，以引導網絡並保持其安全性。

The protocol provides incentives for operators (who run Nym Nodes or the Nyx validator nodes) and those who delegate to these nodes to bootstrap the network and maintain its security.

該協議為運營商（運行NYM節點或NYX驗證器節點）和將這些節點委派的人提供激勵措施，以引導網絡並保持其安全性。

The protocol provides incentives for operators (who run Nym Nodes or the Nyx validator nodes) and those who delegate to these nodes to bootstrap the network and maintain its security.

該協議為運營商（運行NYM節點或NYX驗證器節點）和將這些節點委派的人提供激勵措施，以引導網絡並保持其安全性。

The Nym network is supported by a decentralized and permissionless network of mixing nodes known as mix nodes. The network uses a client-server architecture and is not P2P to enable end-users to use the network without necessarily running a node. The primary purpose of mix nodes is to route and mix traffic through the mixnet securely.

NYM網絡由分散且無許可的混合節點網絡支持，稱為混合節點。該網絡使用客戶端服務器體系結構，並且不是P2P來使最終用戶可以使用網絡而無需運行節點。混合節點的主要目的是牢固地通過混合網路線並混合流量。

The network selects 120 gateway nodes and 120 mix nodes to be active in each epoch to optimize reward distribution and system efficiency. The number of active nodes can scale with demand, and the parameter can be adjusted through governance (although the Nymtech team initially set it). The selection of active nodes happens once per hour, and the topology changes continuously to ensure that unreliable or poorly performing nodes are removed from the network. The selection is fully decentralized and is based on a mix node's reputation (measured by its total stake in NYM tokens) and performance.

該網絡選擇120個網關節點和120個混合節點在每個時期內都活躍，以優化獎勵分佈和系統效率。活動節點的數量可以隨需求而擴展，並且可以通過治理來調整參數（儘管Nymtech團隊最初設定了它）。活性節點的選擇每小時發生一次，拓撲會不斷變化，以確保從網絡中刪除不可靠或性能不佳的節點。選擇是完全分散的，並且基於混合節點的聲譽（以其在NYM代幣中的總股份來衡量）和性能。

At the end of Q4, the total NYM delegated to mix nodes reached 208 million NYM, up 5% QoQ. In USD, delegated NYM rose from $15.7 million to $21.8 million, an increase of 38% QoQ. NYM holders can delegate directly through the Nym explorer with familiar Cosmos tools like the Keplr browser/mobile wallet or the Nym native wallet.

在第四季度結束時，NYM的總授權將節點混合到了2.08億NYM，QOQ上漲了5％。在美元中，NYM委派從1570萬美元上升到2180萬美元，增長了38％的QOQ。 NYM持有人可以使用熟悉的宇宙工具（例如Keplr瀏覽器/移動錢包或Nym Native Wallet）直接通過NYM Explorer委派。

In November, Nym initiated a $1 million token buyback ahead of the NymVPN launch. The buyback aimed to reduce token oversupply, which contributes to downward price pressure, and strengthen the Nym treasury. Over the course of a month, Nym repurchased over 10 million NYM tokens, which were then used to fund core goals. The acquired assets were directed toward advancing key initiatives, focusing on continuing network development, forging strategic partnerships, and expanding community programs.

11月，NYM在NYMVPN發布之前發起了100萬美元的代幣回購。回購旨在減少代幣過度供應，這導致了下降的價格壓力，並加強了NYM財政部。在一個月的整個過程中，Nym回購了超過1000萬個NYM令牌，然後將其用於資助核心目標。收購的資產致力於推進關鍵舉措，專注於持續網絡開發，建立戰略夥伴關係和擴大社區計劃。

This installment of the Close Up series provides a detailed analysis of the Nym ecosystem in Q4’24, examining the protocol’s economic activity, highlighting key performance metrics, and exploring recent developments within the broader community.

特寫系列的這一部分提供了對Q4'24中NYM生態系統的詳細分析，研究了協議的經濟活動，突出了關鍵的績效指標，並探討了更廣泛的社區內的最新發展。

In November,

11月，