Curated News
By: NewsRamp Editorial Staff
May 06, 2024
Nolus Protocol's NLS Listed on XT Trading Platform
TLDR
- Trade NLS on XT platform for early advantage in DeFi market.
- NLS is a cryptocurrency for Nolus Protocol's DeFi money market, offering up to 150% financing with transparent, efficient, and inclusive principles.
- Nolus Protocol's NLS empowers users to maximize financial potential, democratize access to financial services, and create a more inclusive global financial ecosystem.
- NLS is the native cryptocurrency for Nolus Protocol, built with Cosmos SDK, offering innovative solutions for decentralized finance.
Impact - Why it Matters
The listing of Nolus Protocol's NLS on the XT trading platform represents a significant step forward in the accessibility and efficiency of decentralized finance. This development empowers users to maximize their financial potential while mitigating the risk of liquidation, setting a new standard for accessibility and efficiency in the DeFi landscape. The mission of Nolus Protocol to reshape the financial landscape through innovation and inclusivity aligns with XT's vision of driving forward the adoption of transformative projects in the cryptocurrency space.
Summary
XT, the world’s first socially infused trading platform, is thrilled to announce the listing of NLS (Nolus Protocol) on its platform in the Main Zone (DeFi) and the NLS/USDT trading pair will start from 2024-05-08 09:00 (UTC). NLS is the native cryptocurrency for the Nolus Protocol layer-1 blockchain built with the Cosmos SDK and has a max supply of 1 billion coins. The NLS digital asset bridges lenders and borrowers in the DeFi money market but unlike traditional financial systems burdened by over-collateralization standards, Nolus Protocol's Lease solution offers borrowers up to 150% financing, unlocking new possibilities for capital efficiency and improved loan terms. Inspired by the vision of a future where all assets are tokenized on-chain, Nolus Protocol strives to offer seamless, secure, and instant financial solutions powered by blockchain technology. Nolus Protocol's commitment to addressing inefficiencies in lending markets has led to the creation of NLS, a cryptocurrency poised to revolutionize the DeFi landscape.
Source Statement
This curated news summary relied on content disributed by BlockchainWire. Read the original source here, Nolus Protocol's NLS Listed on XT Trading Platform
