protected EventLoop newChild(Executor executor, Object... args) throws Exception {
    return new NioEventLoop(this, executor, (SelectorProvider) args[0],
        ((SelectStrategyFactory) args[1]).newSelectStrategy(), (RejectedExecutionHandler) args[2]);
}

private final Queue<Runnable> taskQueue;
private volatile Thread thread;

protected void run() {
    for (;;) {
        try {
            switch (selectStrategy.calculateStrategy(selectNowSupplier, hasTasks())) {
                case SelectStrategy.CONTINUE:
                    continue;
                case SelectStrategy.SELECT:
                    select(wakenUp.getAndSet(false));
                    if (wakenUp.get()) {
                        selector.wakeup();
                    }
                default:
                    // fallthrough
            }
            cancelledKeys = 0;
            needsToSelectAgain = false;
            final int ioRatio = this.ioRatio;
            if (ioRatio == 100) {
                processSelectedKeys();
                runAllTasks();
            } else {
                final long ioStartTime = System.nanoTime();

                processSelectedKeys();

                final long ioTime = System.nanoTime() - ioStartTime;
                runAllTasks(ioTime * (100 - ioRatio) / ioRatio);
            }

            if (isShuttingDown()) {
                closeAll();
                if (confirmShutdown()) {
                    break;
                }
            }
        } catch (Throwable t) {
            ...
        }
    }
}

Selector selector = this.selector;
try {
    int selectCnt = 0;
    long currentTimeNanos = System.nanoTime();
    long selectDeadLineNanos = currentTimeNanos + delayNanos(currentTimeNanos);
    for (;;) {
        long timeoutMillis = (selectDeadLineNanos - currentTimeNanos + 500000L) / 1000000L;
        if (timeoutMillis <= 0) {
            if (selectCnt == 0) {
                selector.selectNow();
                selectCnt = 1;
            }
            break;
        }
        // If a task was submitted when wakenUp value was true, the task didn't get a chance to call
        // Selector#wakeup. So we need to check task queue again before executing select operation.
        // If we don't, the task might be pended until select operation was timed out.
        // It might be pended until idle timeout if IdleStateHandler existed in pipeline.
        if (hasTasks() && wakenUp.compareAndSet(false, true)) {
            selector.selectNow();
            selectCnt = 1;
            break;
        }
        int selectedKeys = selector.select(timeoutMillis);
        selectCnt ++;
        if (selectedKeys != 0 || oldWakenUp || wakenUp.get() || hasTasks() || hasScheduledTasks()) {
            // - Selected something,
            // - waken up by user, or
            // - the task queue has a pending task.
            // - a scheduled task is ready for processing
            break;
        }
        if (Thread.interrupted()) {
            // Thread was interrupted so reset selected keys and break so we not run into a busy loop.
            // As this is most likely a bug in the handler of the user or it's client library we will
            // also log it.
            //
            // See https://github.com/netty/netty/issues/2426
            if (logger.isDebugEnabled()) {
                logger.debug("Selector.select() returned prematurely because " +
                        "Thread.currentThread().interrupt() was called. Use " +
                        "NioEventLoop.shutdownGracefully() to shutdown the NioEventLoop.");
            }
            selectCnt = 1;
            break;
        }
        long time = System.nanoTime();
        if (time - TimeUnit.MILLISECONDS.toNanos(timeoutMillis) >= currentTimeNanos) {
            // timeoutMillis elapsed without anything selected.
            selectCnt = 1;
        } else if (SELECTOR_AUTO_REBUILD_THRESHOLD > 0 &&
                selectCnt >= SELECTOR_AUTO_REBUILD_THRESHOLD) {
            // The selector returned prematurely many times in a row.
            // Rebuild the selector to work around the problem.
            logger.warn(
                    "Selector.select() returned prematurely {} times in a row; rebuilding Selector {}.",
                    selectCnt, selector);
            rebuildSelector();
            selector = this.selector;
            // Select again to populate selectedKeys.
            selector.selectNow();
            selectCnt = 1;
            break;
        }
        currentTimeNanos = time;
    }
} catch (CancelledKeyException e) {
	...
}

    protected long delayNanos(long currentTimeNanos) {
        ScheduledFutureTask<?> scheduledTask = peekScheduledTask();
        if (scheduledTask == null) {
            return SCHEDULE_PURGE_INTERVAL;
        }
        return scheduledTask.delayNanos(currentTimeNanos);
    }

 selector.select(timeoutMillis)