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"This dapp is live on Ethereum Mainnet" - Try it out now.
Nuo Lend enables users to lend and borrow crypto currencies in a decentralised way using smart contracts. Users can borrow ETH against 1.5x the ERC-20 tokens as collateral.
Lenders can earn interest by funding these loans and grow their crypto-currencies in a secure and transparent way.
Nuo is a decentralised and transparent crypto banking platform for emerging markets. It aims to create a global alternative to traditional banking and help accelerate the adoption of cryptocurrencies.
Nuo reenvisions a bank that is decentralized and uses a blockchain asset to create a unique incentive structure across its ecosystem. It acts as a financial control centre to store, spend, grow and borrow cryptocurrencies and seamlessly use multiple applications at one place using its Nuo.Network protocol.
