Nolus: Bridging the Gap in DeFi with Interoperability Across Blockchain Chains

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Nolus introduces a novel DeFi Lease system, transforming crypto lending by drastically reducing over-collateralization requirements.

Ishan Pandey: Hi Kamen, I am delighted to welcome you to our "Behind the Startup" series. Can you tell us what inspired the concept behind Nolus? Hi Ishan, I am delighted for the opportunity to be here! Let me introduce you to Nolus. The design of Nolus was inspired by traditional lease products where one can obtain an asset by providing only a fraction of the cost upfront, use the asset throughout the lease period and receive full ownership once the loan is repaid back in full.

How do you navigate the competitive landscape within Cosmos and position Nolus as a standout platform in comparison to competitors? Kamen Trendafilov: We firmly believe that Nolus’ offerings are unique and Nolus is positioned to technologically and financially become a safe harbor during crypto market’s volatility. Nolus’ rapid growth is a testament to its unique selling propositions and user demand for safe and long-term investment opportunities.

 

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