Introduction
The Nami Protocol aims to simplify and democratize access to Decentralized Finance (DeFi) opportunities. It seeks to attract new users to the DeFi space, particularly those who are currently deterred by its complexity.
Vision and Mission
Nami Protocol’s primary goal is to make DeFi accessible to everyone, addressing the complexity that often keeps potential users away. The protocol endeavors to be a simple gateway into the DeFi world, inviting new users and capital to the KUJIRA money market, GHOST, thereby supporting its growth.
Key Features
Simplicity in DeFi
Nami Protocol is designed to simplify user interaction with DeFi, offering straightforward, secure pathways to better earnings without the usual intricacies of DeFi platforms.
Leveraging KUJIRA’s Money Market
Nami Protocol plans to utilize KUJIRA’s GHOST money market to provide stable yields on USD deposits. This approach aims to make saving more attractive and easy, offering over-market interest rates and a ‘retirement’ feature for steady monthly payouts.
Enhancing Stablecoin Accessibility
A significant portion of Nami Protocol’s strategy involves increasing the availability and attractiveness of stablecoins within the KUJIRA ecosystem. This is expected to attract more capital, making the ecosystem more efficient.
User-Centric Development
Nami Protocol emphasizes user feedback and iteration, aiming to continually improve its offerings. It seeks to make DeFi more accessible than traditional web2 financial systems.
The Unseen Iceberg of DeFi
The protocol recognizes the challenges that the complexity of DeFi poses to many potential users. Nami Protocol stands for inclusivity, seeking to ensure that those who find DeFi hard to understand are not left behind.
The Dream: Simple Gateway to DeFi
Nami Protocol envisions opening up DeFi to millions of new users, acting as a gateway that simplifies access to high-yield stablecoin markets. It aims for a solid MVP (Minimum Viable Product) definition by December 23, with continuous feedback and improvement.
