Swap nes at the Best Rate

What is nes?

Nesa is a proof-of-stake layer-1 that treats AI inference as the workload to secure: instead of ordering token transfers alone, its nodes execute queries against machine learning models and publish proofs that the execution happened as claimed. The design combines trusted execution environments, zero-knowledge proofs and model sharding so that inputs stay private while results stay checkable.

NES is the economic unit of that machine. Users spend it to run queries, node operators bond it to earn the right to serve them, model authors are paid in it when their models are called, and holders vote with it. The token in the 1inch catalog is the ERC-20 representation on Ethereum, which trades on exchanges while the native asset lives on Nesa's own chain.

How nes works

Inference requests enter the chain as PayForQuery transactions, which carry the query data, a namespace and payment. Fees combine a flat per-transaction charge with a variable component based on the size of the work, and the fee market is gas-price prioritized, so heavier or more urgent queries pay more.

Miners must stake a bonded pool of NES to join the active inference rotation, and a node that returns corrupted output or misses its commit window can have that stake slashed. Model developers who upload weights to Nesa's repository receive protocol-level compensation in NES each time their model is queried, which is how the network populates itself with models.

nes supply and tokenomics

One billion NES were created at the mainnet genesis on 9 May 2026. Issuance continues through inflation that starts at 8% per year and decays by 8% of itself annually until it settles at a long-term floor of 1.8%, so the supply is not capped. From genesis, 2% of block rewards flow into a community pool that stakers can vote to spend on ecosystem initiatives.

The distribution is weighted toward ecosystem and community allocations, with the remainder split across launch liquidity, investors, the team and early contributors on multi-year vesting schedules. Only a minority of the genesis supply circulated at launch, so unlocks will keep arriving for years.

Who builds nes

Nesa was founded by Marco Di Maggio, director of the Harvard Crypto and Web3 Lab, a former Harvard Business School professor and a professor at Imperial College London, together with Patrick Colangelo, a Harvard graduate with a software and infrastructure background. The project publishes academic-style papers on its cryptographic techniques, including its equivariant encryption approach to private inference.

The token reached public markets in June 2026, when Binance Alpha featured Nesa as a spotlighted project with an airdrop campaign alongside exchange listings.

How nes is governed

Network governance runs on the Nesa chain itself. NES holders, not only stakers, can propose and vote on changes to a published subset of network parameters, while validators and their delegators secure consensus under the proof-of-stake model. The Ethereum ERC-20 is a trading representation and does not carry those on-chain voting mechanics with it.

What people use nes for

NES is spent, bonded or earned wherever the network does inference work, which gives the token several distinct jobs across one economic loop.

• Paying per-query fees for AI inference submitted through PayForQuery transactions.
• Covering gas for transactions and data storage on the Nesa chain.
• Staking by validators, miners and delegators to secure consensus and the inference rotation.
• Compensating model developers whose uploaded models get queried.
• Voting on network parameter changes.

nes risks and considerations

The Ethereum contract is a transparent upgradable proxy, meaning its owner can change the token logic, and explorers flag it accordingly; holders of the ERC-20 are trusting the project's key management on top of the network itself. The representation also has to stay redeemable against the native asset for its price to track the chain's economics.

Nesa's mainnet is young, its inflation never falls below 1.8%, and most of the genesis supply was still vesting at launch, so dilution arrives from both issuance and unlocks. The pitch depends on sustained demand for decentralized inference, which remains an early market.