About NAOS Finance
NAOS Finance facilitates DeFi lenders and SME borrowers to allow both parties to interact in a permission-less manner on the blockchain. We enable the origination and funding of loans without traditional intermediaries. NAOS Finance provides lenders with stable and recurring income streams while also connecting the on-chain world with much bigger off-chain opportunities. Ultimately, our goal is to fully automate the tokenization of real-world assets and make them available as part of the end-to-end lending process through NAOS Finance.
Earn up to $2,000 when you buy $50 in crypto
Sign me upMarket Stats
Market Cap
$272.48K
-0.39%
FDV
$970.58K
Circ. Supply
84M NAOS
Max Supply
300M NAOS
Total Supply
219M NAOS
Total Value Locked
$22.92K
Diluted Valuation
$718.37K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$23.72K
46.21%
Volume (7D)
$124.08K
Volume (30D)
$643.87K
All time high
$3.45
Price Change (1Y)
-35.9%
Additional details
Market details
NAOS vs markets
↘ 60.87%
NAOS vs BTC
↘ 59.04%
NAOS vs ETH
↘ 57.53%
Tags
spartan-group
real-world-assets-protocols
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4a615bB7166210CCe20E6642a6f8Fb5d4D044496 | |
BNB Smart Chain | 0x758d08864fB6cCE3062667225ca10b8F00496cc2 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0032 | ↘ 2.00% |
1 Day | $0.0033 | ↘ 2.00% |
1 Week | $0.0031 | ↗ 3.61% |
1 Month | $0.0032 | ↗ 1.27% |
1 Year | $0.0050 | ↘ 35.90% |
FAQ
NAOS Finance is a blockchain-based decentralized crypto lending protocol. The platform allows users to borrow digital crypto assets by collateralizing real-world assets, aiming to connect decentralized finance (DeFi) to conventional/centralized finance. Likewise, NAOS Finance aims to engage in strategic partnerships to expand the DeFi ecosystem. The platform claims to envision a network that would enable free access to capital through a transparent and permissionless marketplace.
According to the whitepaper, the platform seeks to build a DeFi network that would enable users to access loans without intermediaries. This DeFi network aims to promote transparency in risk management and application while also trying to break geographical boundaries. NAOS Finance aims to facilitate the transfer of value from financial institutions to lenders and borrowers, providing attractive yield rates in the division. Moreover, the platform seeks to democratize the loan performance data, which, it claims, was previously closely held by conventional financial institutions. Likewise, the platform focuses on accelerating DeFi growth and expanding real-world use cases.
NAOS Protocol is the underlying protocol of NAOS Finance. The protocol consists of two sub-protocols – Formation and Galaxy. The Formation is a liquidity protocol designed to provide yield farming for the nUSD synthetic token, while Galaxy is a lending protocol that acts like a conventional banking process, allowing users to apply for loans and tokenize assets. Yield Farming is a process that helps users earn rewards for their crypto holdings.
NAOS is the native cryptocurrency of NAOS Finance. The platform uses the tokens to fuel the ecosystem growth by using NAOS for marketing, community building, operations, partnership engagements, etc.
NAOS Finance was introduced on December 22, 2020, by Kevin Tseng. Tseng is an experienced blockchain and investment expert and is a former strategic investment professional at Alibaba Group. Apart from Tseng, the core team includes Wesley Liu, Yan Hsieh, Peter Lai, and Jack Lee. NAOS has a maximum total supply of 300 million tokens, 23% of which is reserved for the core team and advisers, and 25% is reserved for ecosystem growth.