•Nolus, an interoperable application on Cosmos, has secured 2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi money markets.
•The novel DeFi Lease solution by Nolus unlocks the full potential of crypto money markets with improved capital efficiency and much more favorable lending options for users.
•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 interoperability, security and performance.

Nolus Raises $2.5M to Build Cross Chain Defi Lease

Nolus, an interoperable application on Cosmos, has secured $2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi money markets.

DeFi Lease Solution Unlocks Full Potential of Crypto Money Markets

The novel DeFi Lease solution by Nolus unlocks the full potential of crypto money markets by reducing the industry’s steep over-collateralization requirements, resulting in significantly improved capital efficiency and much more favorable 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.

Technology Backbone & Platform Expansion

With the added support of liquid staking derivatives, the Nolus protocol will create a cornerstone use case for LSDs for the Cosmos ecosystem in the form of self-repaying loans.

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