BitMart, a global digital asset trading platform, will list NOLUS (NLS) for all BitMart users on July 31, 2024. The NLS/USDT trading pair will be officially available for trading at 09:00 (UTC).
What is NOLUS (NLS)?
NOLUS (NLS) is a decentralized financial protocol built as a layer 1 app-specific chain using the Cosmos SDK. The Nolus Protocol aims to address significant inefficiencies in the current crypto money markets, such as over-collateralized lending, high risk of liquidations, and issues with asset ownership.
By providing a non-custodial, cross-chain money market, Nolus creates a platform where lenders can earn yields on deposited stablecoins while borrowers can amplify their holdings with more assets than their current equity allows. This innovative approach is designed to optimize the lending and borrowing experience in the DeFi space.
Why NOLUS (NLS)?
NOLUS (NLS) offers a transformative solution to traditional crypto money markets by introducing a more efficient, secure, and flexible lending and borrowing ecosystem. The protocol’s unique design reduces the need for over-collateralization, thereby lowering the risk of liquidations and providing better asset ownership.
By leveraging the Cosmos SDK, Nolus ensures seamless cross-chain interactions, enhancing the accessibility and utility of its platform. With its focus on addressing the core challenges of DeFi, NOLUS (NLS) stands out as a pioneering project aimed at revolutionizing the financial landscape and offering substantial benefits to both lenders and borrowers in the crypto community.
About BitMart
BitMart Exchange is a premier global digital assets trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinGecko, BitMart currently offers 1,400+ trading pairs with one of the lowest trading fees in the industry. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their Website, follow their X (Twitter), or join their Telegram for updates, news, and promotions. Download the BitMart App to trade anytime, anywhere.
About NOLUS (NLS)
Token Name: NOLUS
Token Symbol: NLS
Token Type: NLS
Total Supply: 1,000,000,000 NLS
To learn more about NOLUS (NLS), please visit their Website, follow their X (Twitter), and join their Telegram.
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