Nolus
NLS

0.02774
$
2.25 %
Change 24h
Market Cap
$ 7,784,960
Volume 24h
$ 574,796
Circulating Supply
280,562,000
Total Supply
878,297,000
NLS
$
Description
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.