Nolus($NLS)
$0.02617368
Low $0.02567433
High $0.02627122
1h
-4h
-1d
-
Volume
$2,619.00
Market Cap
$2,784,359.00
Fully Diluted
$26,173,680.00
Market cap Value
0.09 %
Circulating Supply
106,376,483
Max Supply
1,000,000,000
Total Supply
863,341,186
% of Max Supply
10.64%Tags
Funds
No funds found
Data not found or doesn't existInfluencers
No influencers found
Data not found or doesn't existCoinScouts Grade
What is Nolus?
The Nolus Protocol defines a money market between lenders looking to earn real yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity. The protocol is designed to work on a cash-b...
The Nolus Protocol defines a money market between lenders looking to earn real yield on deposited stablecoins and borrowers looking to amplify holdings with more assets than their current equity. The protocol is designed to work on a cash-basis model where accrued interest from DeFi leases is distributed to lenders. Interest from leases is due for collection after specific periods and, if not paid, is automatically deducted from the active positions.
The protocol utilises a semi-permissioned PoS blockchain built using the Cosmos SDK and a WASM smart contract engine focusing on interoperability, security, and performance. Interoperability is at the core of Nolus' offering as the protocol utilises IBC and Interchain Accounts to tap into a diverse set of liquidity hubs without creating liquidity fragmentation across chains.
The Nolus DeFi Lease unlocks the full potential of crypto money markets by reducing the industry's steep over-collateralization requirements, resulting in significantly improved capital efficiency and more favourable lending options for users. The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets through whitelisted yield-bearing strategies.
In the coming months, the Nolus protocol will scale its offering to support blockchains beyond the Cosmos ecosystem and introduce tiered rewards mechanics to further incentivise participants in the ecosystem.
Chart
Nolus Statistics
Price change 1 hour
0.02%Price change 24 hour
-0.04%Price change 7 days
-10.01%Price change 14 days
-13.72%Price change 30 days
0.00%Price
$0.0261736824 Hour Trading Volume
$2,619.0024 Hour Volume Change
-50.70%Market cap
$2,784,359.0024 Hour Market Cap Change
2.43%Fully Diluted Market Cap
$26,173,680.00All Time Low/High
$0.0244609 | $0.04090313Percentage Change Since All Time High
-35.99%Percentage Change Since All Time Low
7.03%Market cap rank
#1400Volume / Market Cap
0.00094Issuance Blockchain
n/aCirculating Supply
106,376,483 (12.32%)Max Supply
1,000,000,000Total Supply
863,341,18624h Volatility
n/aTwitter Followers
14,064Telegram Users
434Reddit Subscribers
0Github subs
n/aGithub issues
n/aNolus Markets
No markets for Nolus known.
Similar projects
No similar projects for Nolus known.
Why CoinScouts
Become a CoinScout!
Unleash your crypto adventure! Join CoinScouts, the community-driven platform that empowers you to explore cryptocurrencies. Save your favorite coins, share your insights, vote for projects, and earn rewards. With CoinScouts, you can discover hidden potentials, explore blockchain projects, and ride the waves of crypto hype like a pro.
Search for Hidden Gems
Discover the next big thing in crypto! CoinScouts is your treasure map to uncover hidden gems. With our extensive database and proprietary filters, you'll spot undervalued coins and overlooked opportunities. Say goodbye to FOMO and hello to finding hidden treasures that can transform your portfolio.
Create your own Dashboard
Take control of your crypto journey! With CoinScouts, you can build your personalized dashboard. Keep track of your favorite coins, access real-time data on top gainers and popular projects, and stay informed with news and events. Customize your crypto command center and stay ahead of the game. Join CoinScouts today and harness the power of your own tailored dashboard!
Popular on CoinScouts
Zignaly
$0.01396737
Pepe 2.0
$0.0000000077
Injective Protocol
$6.61
Quadrant Protocol
$0.01108072