Mar 11, 2023
What is Nolus blockchain? Nolus is a Cosmos SDK-based blockchain that is about to launch. The project will provide a brand-new product to the crypto industry: the world's first DeFi lease! The Nolus DeFi Lease allows users to deposit an asset, i.e. $ETH, in a smart contract. Thus, the user has an outlook to receive up to 3x of the initially deposited amount of $ETH. This is because the user needs to pay an interest rate. If the user paid off the interest rate completely, he is going to receive his deposit plus up to 3x the deposited amount of $ETH. But is this just a common leverage product? And does this have something to do with lending at all? How come staking the $NLS token impact APRs for providing liquidity? This is what we will ask the Nolus team today! - - - - - -
First Nolus Video: https://www.youtube.com/watch?v=tQJ0nNq1Ktw&t=51s
Follow Nolus: https://nolus.io/
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DISCLAIMER
All information presented in this podcast is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This podcast’s content solely reflects the producer's opinion, who is not a financial advisor. Investing in cryptocurrencies is risky!