Nolus NLSPrice $ 0.00664

Nolus is a protocol that adapts traditional leasing for the crypto community, allowing users to acquire assets with less upfront cost and use them in approved strategies to eventually own them. It addresses the issue of over-collateralization in crypto lending by significantly reducing the collateral needed. This approach enhances capital efficiency, enabling users to optimize their investments. Nolus offers borrower-friendly terms, reducing liquidation risks and maintaining ownership of leveraged assets. It aims to transform the crypto money market, providing opportunities for growth and diversification.

The Protocol utilizes a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine that executes in an isolated sandbox model focused on security, performance, and interoperability.