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Nolus Protocol
Nolus Protocol provides a DeFi platform for margin trading, featuring asset-backed leverage, fixed rates, and reduced margin call risk. It aims to offer a cost-efficient and less risky trading experience through a partial liquidation engine and by holding the actual underlying assets. The protocol connects to multiple liquidity sources to ensure efficient asset swapping and lending.
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Description
Nolus is a DeFi protocol offering next-generation margin trading with asset-backed leverage, fixed interest rates, and reduced risk of margin calls. It allows users to enter and exit leverage positions with minimal spread and low price impact. The protocol features a partial liquidation engine to protect against volatility and full collateral loss. Nolus is designed to be cost-efficient and transparent, as positions hold the actual underlying asset. It connects to various liquidity hubs like Osmosis and Astroport for immediate lending and asset swapping without market fragmentation. The platform emphasizes security, with audits from firms like Oak Security and Halborn, and aims for a user-friendly experience with integrated guides for easy onboarding.Grant Funding
VC Funding
None
2023
$0
$2.5M