Nord Finance (NORD)

Nord Finance, a blockchain agnostic platform, is an advanced decentralized financial ecosystem focusing on simplifying decentralized finance products for users by highlighting traditional finance’s key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

Whitepaper

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Interest lvl

Medium

Updated: Feb 14, 2021

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User Rating

Medium

3/5 • 2 votes

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Ticker

NORD

Ecosystems

Ethereum

What is Nord Finance

Nord Finance, a blockchain agnostic platform, is an advanced decentralized financial ecosystem focusing on simplifying decentralized finance products for users by highlighting traditional finance's key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

The platform governance allows users the freedom of choosing the optimal yield-farming strategies that could benefit them based on their requirements. In order to deliver the highest possible risk-adjusted returns through multi-chain yield-farming, various strategies are outlined. The most highlighting feature constitutes smart contracts' interoperability that delivers the highest APY by dynamically rebalancing and re-routing digital assets across liquidity pools that maximize yields.

What distinguishes Nord Finance from other permissionless protocols is its in-built Robo-advisory feature that curates customized strategies for potential users in tandem with the pre-planned financial objectives. Thus, Nord Finance becomes an integral part of the users' financial journey. The platform also offers possibilities of borrowing loans against their crypto assets and cross-chain swaps seamlessly, thus fixing a missing piece in the trustless ecosystem.

At Nord Finance, we are thriving towards building a comprehensive and integrated solution for the ever-advancing decentralized financial ecosystem to assist users in their financial journey. Thus, we are primarily focusing on four significant products:

Key Products

The platform's network design and infrastructure are Ethereum compatible and blockchain agnostic. It advocates volumes about how instant deposits and withdrawals with the lowest possible network fees by pooling multiple users' liquidity could redefine the DeFi landscape, specifically for users. Nord Finance aims to ameliorate the adoption of the DeFi Ecosystem with its simple yet intuitive user interface. It delivers comprehensive functionality solutions for the efficient utilization of digital assets to outplay the prevailing dynamics in the permissionless space.

We believe the Nord Finance ecosystem can accelerate the mass adoption of DeFi by diminishing entry barriers, revamping accessibility to all-new levels, and ensuring maximum useability for all market participants.