Discover how Cosmos-based platform NolusProtocol revolutionizes DeFi lending by providing game-changing solutions to traditional DeFi problems. [Cointelegraph Acceleration]
, recently introduced its flagship product, DeFi Lease, which reduces the risk of liquidation and overcollateralization.
According to Nolus’ team, the DeFi lending protocol disrupts traditional DeFi norms by offering financing up to 150% on the initial investment, significantly reducing overcollateralization by at least three-fold compared to the market average. At the same time, Nolus significantly reduces liquidation rates compared to the market, resulting in a significant decrease in the price of the locked asset during potential downturns.
“The Nolus Protocol money market is created in such a way to incentivize all stakeholders within the ecosystem — from borrowers taking the DeFi Lease to lenders providing stablecoins in a decentralized manner, to stakers guaranteeing the stability of the app-chain and to regular crypto users swapping and buying assets in a cross-chain environment. All done with technology extracted as far away from the end-user as possible, thus driving adoption in the industry.
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