Aug 4, 2021
Biconomy brings gasless transactions to Nord Finance
As more users onboard to DeFi, Nord Finance will ensure a seamless & simple experience on their Dapp through gasless transactions
Nord Finance is an advanced decentralized financial ecosystem designed to simplify DeFi investing by bringing key features of traditional finance to the DeFi ecosystem. Deployed on the Ethereum & Polygon Network, it integrates multi-chain interoperability. Thus, users can enjoy the ease of onboarding & network effects on Ethereum while benefiting from Polygon’s fast transactions & cheap gas fees.
At Nord Finance, their main aim is to revolutionize the traditional financial model by making Decentralized Finance (DeFi) more accessible to everyone. This is where they have decided to leverage Biconomy.
Biconomy helps Nord make DeFi accessible to everyone
Nord Finance strives to serve the rising needs targeting novice users and professionals to meet their financial goals. However, the current web3.0 experience is broken and complicated. The user needs to understand crypto wallets & pay gas at every step. To access Nord Finance Dapp on Polygon, the user needs to change their RPC & own MATIC token to pay gas.
By integrating Biconomy, Nord Finance ensures that the user doesn’t need to face such friction points! The DeFi experience on Polygon will be gas-less so the whole experience is smooth.
A few other benefits include:
- No need to have MATIC in wallet to interact with nord applications
- No more failed transactions.
- Onboarding new users is simpler.
- Users don’t have to worry about pending transactions.
- Addressing relayers’ private key management and associated security.
Helping a leading Dapp like Nord Finance is another milestone for us in our mission of simplifying Web 3.0 experiences.
About Nord Finance
Nord Finance is an advanced decentralized financial ecosystem designed to simplify DeFi investing by bringing key features of traditional finance to the DeFi ecosystem.
Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.
Nord Finance strives to serve the rising needs targeting novice users and professionals to meet their financial goals.
