Nolus Protocol Revolutionizes DeFi with Innovative Lease Financing to Unlock Potential
Nolus Protocol is a cutting-edge Web3 financial suite that operates on a fast Layer-1 blockchain using Cosmos SDK. It is revolutionizing the DeFi landscape with its innovative DeFi Lease solution, offering users up to 150% financing on their initial investment while allowing them to retain ownership of their digital assets. By bridging the gap between traditional finance and DeFi, Nolus aims to provide a seamless, user-friendly experience for both lenders and borrowers.
Nolus leverages a fast Layer-1 blockchain built with Cosmos SDK, providing decentralization, censorship resistance, low transaction costs, and no custody over users’ funds. The DeFi Lease offers up to 150% financing on the initial investment, with the user retaining ownership of the digital asset and lower margin calls, total costs, and an intuitive user interface compared to alternatives.
The protocol aims to merge boundaries between traditional finance and DeFi, offering asset management features like swapping, earning yield, staking, and the DeFi Lease financing product. It incentivizes the usage of the native NLS token, which grants benefits like reduced interest rates on leases and is also used for governance, transaction fees, and rewarding lenders.
Nolus targets new crypto entrants, existing holders, and institutions looking to diversify into digital assets, with an addressable market projected to reach $5.2 trillion by 2026. The protocol is leading with education to make DeFi accessible and demystify DeFi by providing comprehensive instructional materials and a streamlined user experience.
Nolus is also part of the Cointelegraph Accelerator after raising $2.5 million in seed and pre-seed capital for its mission of enabling frictionless crypto lending for the masses. It features the just-released Nolus Protocol for DeFi Lease, which allows customers to take out a loan up to 150% against their principal and collateral while still claiming the right to the asset.
Nolus is developing the first legal and compliance framework for DeFi protocols, supporting full integrations of these processes to ensure the privacy of end-users. It aims to build an innovative alternative to over-collateralization with its flexible funding model, using Cosmos SDK and the CosmWasm Smart Contract Engine to provide a lease that is semi-permissioned PoS blockchain.
With its innovative features and commitment to making DeFi accessible, Nolus Protocol is well-positioned to lead the charge in revolutionizing money markets and reshaping the future of decentralized finance.