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Nolus (NLS)

The Nolus Protocol is a Web3 financial suite that offers an innovative approach to money markets with a novel lease solution to further develop the DeFi space. The Nolus DeFi Lease provides up to 150% financing on the initial investment, where the user retains ownership over the digital asset. The Nolus DeFi Lease comes with lower margin calls and total costs, all wrapped in an intuitive and easy-to-use UI.

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Overview

Project industryTrading & Investing
Product typeDeFi
WhitepaperNolus White Paper Open
OnepagerNolus Onepager Open

What is Nolus

Nolus Protocol is a Web3 financial suite that offers an innovative approach to money markets with a novel Lease solution to develop the DeFi space further.

The DeFi Lease defines a money market between lenders looking to earn yield on stablecoins, and borrowers, looking to borrow more digital assets than their current equity.

To borrow assets, the borrower locks up a down payment as collateral and can leverage their holdings in a preferred digital asset.

Nolus Protocol aims to merge the boundaries between TradFi and DeFi in a holistic experience, leveraging various financial instruments and the advantages that decentralized finance offers.

Details

Token supply: 1,000,000,000 NLS

Legal

Blockchain Platform: Cosmos
Registration country: Virgin Islands (British)
Registration year: 2021
Office address: Trinity Chambers, Ora et Labora Building, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin

Token info

Ticker: NLS
Token distribution:
24% - Community DAO Treasury
20% - TokenSale
19% - Team & Contributors
15% - Inflation Staking Rewards
12% - LendersIncentives
5% - StrategicPartners
5% - Liquidity & Bug Bounty

Advisors

Shane Molidor
Shane Molidor
Chief Executive Officer at AscendEX
Shane Molidor linkedin
Zaki Manian
Zaki Manian
Co-Founder of Sommelier Protocol, Co-Founder of Iqlusion
Zaki Manian linkedin
Jack Zampolin
Jack Zampolin
Founder at Strangelove Ventures, Co-Founder of Sommelier Protocol
Jack Zampolin linkedin
Tyler Schmidt
Tyler Schmidt
Co-Founder at Strangelove
Tyler Schmidt linkedin

Social media

Nolus web-siteNolus MediumNolusYouTubeNolus TelegramNolus TwitterNolus DiscordNolus Github

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