The nahmii protocol can be used to make o-chain payments in Ether and a range of supported ERC-20 tokens. Soon, nahmii will also be able to process trades (atomic swaps) between supported currencies. We use the term ‘driip’ to refer to any o-chain transaction within nahmii that can result in a change of state on the Ethereum main chain. Please note that driips are not limited to payments and trades; we anticipate that nahmii will support many dierent driip types in the future.
The nahmii protocol will be tokenized, with almost 100% of transactions fees paid to token holders (the remainder goes into security bonds). There are a total of 120 billion nahmii tokens, known as NII, which are held in time-locked contracts. These contracts release 1 billion tokens per month, which are then distributed according to the allocations set out below. 50% of NII tokens will be airdropped to HBT token holders through the nahmii protocol directly.
HBT is the native token of the hubii ecosystem, which was created in September 2017. Its function remains unchanged by the introduction of nahmii. Note that 50% of NII tokens will be airdropped to HBT holders on a proportional basis each month, this is discussed in further detail below.