Nova Finance (NOVA)

IDO

Last updated: Dec 20, 2021

Nova Finance is a programmable asset framework that allows people to access DeFi without having to learn complex financial management skills.

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Overview

Project industry	Finance Services & Banking
Product type	Platform
Founded	United Kingdom
Whitepaper	Open

What is Nova Finance

Nova Finance allows anyone to create and deploy dynamic portfolio nAssets with a range of automated controls.

Portfolio assets can be configured to be deposited into riskier yield opportunities in exchange for potentially higher returns. Users who participate in a particular strategy created by another will automatically give 10% of their yield generated to the portfolio creator as a form of incentivization to encourage the creation and sharing of insight and strategies.

Any portfolio nAssets will be eligible to participate within a staking program where they will receive Nova Tokens as an incentive for supporting the protocol's activities.

Details

IDO (Solanium Launchpad): Dec 09, 2021 - Dec 12, 2021
Token supply: 10,000,000 NOVA
Total tokens for sale: 100,000 NOVA
Raised: 3,086,500 USD

Legal

Blockchain Platform: Solana
Registration country: United Kingdom
Registration year: 2021

Token info

Ticker: NOVA
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 NOVA = 2 USD
Accepted currencies: USDC
Token distribution:
23% - Treasury
31,75% - Liquidity & Incentives
10% - Team
28,81% - Fund Raising
4,13% - Marketing
2,31% - Advisors