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Market

Market stats

Market cap

-

Volume (24h)

$76,871.85

Circulating supply

-

All time high

$3.45

Price change (1h)

-1.92%

Price change (24h)

-8.53%

Price change (7d)

+18.18%

About NAOS Finance

What Is NAOS Finance (NAOS)?

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. 

History of NAOS Finance

NAOS Finance was introduced on December 22, 2020, by Kevin TsengTseng 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. 

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Related Assets

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NAOS Finance is on the rise this week.

The price of NAOS Finance has risen by 18.18% in the past 7 days. The price declined by 8.53% in the last 24 hours. In just the past hour, the price shrunk by 1.92%. The current price is $0.0231 per NAOS. NAOS Finance is 99.33% below the all time high of $3.45.

The current circulating supply is 0 NAOS.

FAQ

What is the current price of NAOS Finance?

We update our NAOS Finance to USD currency in real-time. Get the live price of NAOS Finance on Coinbase.

What is the market cap of NAOS Finance?

The current market cap of NAOS Finance is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NAOS Finance?

The all-time high of NAOS Finance is $3.45. This all-time high is highest price paid for NAOS Finance since it was launched.

What is the 24 hour trading volume of NAOS Finance?

Over the last 24 hours, the trading volume of NAOS Finance is $76.87K.

What other assets are similar to NAOS Finance?

Assets that have a similar market cap to NAOS Finance include Zodium, Investin, TosDis, and many others. To see a full list, see our comparable market cap assets.

How many NAOS Finance are there?

The current circulating supply of NAOS Finance is 0.

Can I buy NAOS Finance on Coinbase?

Yes, NAOS Finance is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy NAOS Finance guide.

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