NLS to USD Converter
How much US Dollar ( USD) is 1 Nolus ( NLS)?
Nolus
NLS
US Dollar
USD
Last update: Refresh
How does it work?
The Morpher currency calculator allows you to convert a currency from Nolus (NLS)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Nolus you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 NLS, 5 NLS, 10 NLS, 50 NLS etc.
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Quick facts about 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-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.
NLS Price Chart
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NLS to USD price stats
24hr
-6.68%
7d
1.24%
30d
5.38%
Over the past 30 days, Nolus has gained 5.38% to USD. The trend and price charts for the past
week shows that NLS has gained 1.24% to USD and over the past 24 hours, NLS has dropped -6.68% to
USD.