Nolus Protocol (NLS)
Total Value Locked$2.79m
| Osmosis | $2.04m |
|---|---|
| Nolus | $586,737 |
| Neutron | $164,211 |
Protocol Information
Nolus is a semi-permissioned blockchain bridging lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can secure up to 150% financing on their initial investments, and access to the underlying leveraged assets through whitelisted strategies. Inspired by traditional leasing, where one pays a fraction upfront and gains ownership after repayment, Nolus' approach cuts down the DeFi sector's high over-collateralization standards. This boosts capital efficiency and offers borrowers better loan terms.
Category:Lending
Development Activity
(updated at 27/04/24)
Weekly commits:
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Last commit: a few seconds ago (2024-04-27)
Methodology
TVL: The combined total of lending pool assets and the current market value of active leases