Press release
Nova Protocol Open Sources on BSC EVM and Introduces Liquidity-Powered Assets as Foundation, Achieving Dual Protection of Technology and Community
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As a core feature of Nova Protocol, users can earn interest income through liquidity mining. By purchasing computational power with cryptocurrency funds, users can participate in smart contract protocols on Nova, enabling investments in a basket of crypto assets. The returns on these investments are determined by open-source contract algorithms, ensuring fairness and transparency. Nova Protocol also pioneers DeFi 2.0 infrastructure, offering institutional-grade yield products, revamped staking use cases, and DeFi-as-a-Service functionalities for institutions and individual investors alike. These features provide opportunities for high returns to all, regardless of investors' experience.
Image: https://www.getnews.info/uploads/e6d435d96ccdf5f05cf727cf9de32c32.jpg
On the technical front, Nova Protocol utilizes a dual-token PoS (Proof of Stake) Layer 1 architecture backed by Ncoin and NVcoin, making full use of the security of BSC EVM. By designing liquidity-hosting tokens (BNB) in collaboration with Nova, users can obtain tangible interest from DeFi 2.0 and maximize their funds by re-staking and farming on-chain with BNB. Nova innovates on the standard non-custodial borrowing market approach by integrating token economics. The interest mining, rebates during liquidation, and platform fee distribution through the "Nova Rewards Program" allow users to not only gain stable returns but also contribute to the protocol's continuous development.
Image: https://www.getnews.info/uploads/995147d58b361c12ada9b87899b80cd2.jpg
Behind the success of Nova Protocol lies its strong community support. The protocol has a full-time public team committed to maintaining close communication with community members, listening to their feedback and suggestions, and collectively driving the development of Nova Protocol. As the DeFi market continues to expand, Nova Protocol, with its dual protection of technology and community, is gradually becoming a significant force leading the future of blockchain.
Nova Protocol will strive to build more innovations and breakthroughs, injecting more vitality into the world of blockchain.
Disclaimer: This press release may contain certain forward-looking statements. Forward-looking statements describe expectations, plans, outcomes, or strategies for the future (including product offerings, regulatory plans, and business plans) and are subject to change without prior notice. Please be advised that such statements are influenced by various uncertainties, which may result in future circumstances, events, or outcomes differing from those predicted in the forward-looking statements.
Media Contact
Company Name: Nova Protocol
Contact Person: Jimmy
Email: Send Email [http://www.universalpressrelease.com/?pr=nova-protocol-open-sources-on-bsc-evm-and-introduces-liquiditypowered-assets-as-foundation-achieving-dual-protection-of-technology-and-community]
Country: United States
Website: http://www.novasocialfi.com
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