The current price of NAOS Finance is $0.00153973 in USD. As of now, a total of 219.2M naos are in circulation across the market. NAOS Finance has experienced a price change of 4.75% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, NAOS Finance trading volume on crypto exchanges has reached $58.1K.
Description
NAOS Finance, a decentralized platform founded in 2020 by Kevin Tseng, integrates traditional and digital finance through blockchain technology. It emphasizes lending and financial market growth, focusing on real-world assets. The platform mirrors Curve Finance's methods, offering enhanced yields via a Boost Pool for stakeholders locking in NAOS tokens, with these converting to veNAOS for governance rights. Users actively shape protocol developments, from upgrades to loan terms. Additional benefits include reduced fees for lenders and borrower staking to increase loan potential, with borrower stakes funding unbiased, merit-based auditor rewards. NAOS also plans further ecosystem expansions. Tseng, with vast experience across global firms like Alibaba, Rocket Internet, and roles at Fosun RZ Capital, leads NAOS from Taiwan, leveraging his background to drive innovation in fintech, paralleling his earlier roles in significant investment and strategic expansion initiatives.
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