Nolus defines a money market between lenders looking to earn yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity at lower risk and retained ownership.
The Protocol utilizes a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine that executes in an isolated sandbox model focused on interoperability, security and performance. Interoperability itself is at the core of Nolus’ offering as the Protocol utilizes IBC and Interchain Accounts to tap into a diverse set of liquidity hubs without creating fragmentation across chains.
Nolus DeFi Lease provides up to 150% financing on the initial investment, with retained ownership over the leveraged assets. The DeFi Lease comes with lower margin calls and total cost, wrapped in an intuitive and easy-to-use interface.
Built using Cosmos SDK, the Nolus Protocol enables seamless, reliable, ordered, and authenticated communication with other blockchains. Transactions with digital assets execute on a decentralized, censorship-resistant medium with little to no extra cost.
Supplied stablecoins compound competitive yield and rewards. Interest is distributed on a cash basis, dynamically calculated over the protocol utilization levels. Top-ups and withdraws are available at all times.