NOLUS is an application specific blockchain that is interoperable with Cosmos via the IBC protocol. The feature product is a DeFi Lease, which allows users to open long positions by putting down a fraction of the value of their lease. They can gain ownership over time by paying it down with upside or new funds. The $NLS token powers the network and can be staked for 13% APY.
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01:35 ~ Demo #1: Get tokens onto NOLUS network
03:35 ~ Demo #2: Open a DeFi Lease
07:10 ~ Demo #3: Earn with Stable Coins
08:50 ~ My thoughts on NOLUS
=========DISCLAIMER ==========
This video was sponsored by the Atom Accelerator DAO. More info here: https://www.atomaccelerator.com/ Not financial advice. This video is meant for informational purposes only. Do your own research before taking risks with cryptocurrency. Follow me on twitter: https://twitter.com/CosmosDefi Like, share, and subscribe if you like informational content & crypto live streams!
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NOLUS Twitter:
4 Million Reasons to Celebrate! 🎉 Just as the last jingle bell rang on Christmas, Nolus crossed the 4M TVL mark! 🎄 It's not Santa's sleigh, but the Protocols' growth is certainly flying high! 🔅
NOLUS app: https://app.nolus.io/
Defi lease: https://hub.nolus.io/en_US/understand-nolus/how-does-the-nolus-defi-lease-work
Nolus Earn: https://hub.nolus.io/en_US/understand-nolus/how-does-earn-work
My other NOLUS Videos: https://youtu.be/IG5YLTZ-q-A?feature=shared https://www.youtube.com/watch?v=FSidoAFdIs8
