Nord Finance — A DeltaHub Capital Private Sale Investment

YMD
DeltaHub Capital
Published in
3 min readJun 6, 2021

This article introduces Nord Finance, which was recently features as one of top DeFi products in India, as one of private sale investments of DeltaHub Capital. Nord Finance, with a native $NORD token, is a blockchain agnostic decentralized finance ecosystem which focuses on offering simplified decentralized finance products. Nord finance brings traditional finance primitives such as savings, advisory, loans against assets, investment/funds management, and swaps on to its platform that supports multi-chain interoperability.

DeltaHub Capital is a Private Sale Investor of Nord Finance

The three main features of Nord Finance include the following:

  • Smart Fund Management: enables users receive highest yields for their stable coins with a dedicated smart protocol.
  • Cross Chain Swaps & Interoperability: Nord Finance’s multi-chain protocol’s automated chain switching ensures users receive the best APYs.
  • Zero cost transactions: avoids upfront network fee for deposits with a smart contract that absorbs the gas fee which is adjusted in the final APY.

Nord Finance showcases the following main products:

  1. Nord.Savings — A product that allows optimizing returns through a multi-chain yield-farming mechanism for stable coin farming with the highest possible risk-adjusted APYs.
  2. Nord.Advisory — A robo-advisor designed to produce a set of profitable and customized strategies for users to choose better positions based on their financial goals.
  3. Nord.loans — lets DeFi users to leverage their crypto assets to their greatest potential by pledging them in smart contracts to get loans.
  4. Nord.Swap — a blockchain agnostic permissionless token swap protocol driving inter-chain communication and interaction of many digital assets effortlessly.

Nord Finance Ecosystem Partners

Nord Finance has developed ecosystem partnership with the following projects, the stated objectives of the partnership are included briefly:

  • Polygon — to explore possibilities in unlocking the potential of DeFi assets to the broader financial ecosystem. Increased DeFi adoption will result from this strategic cooperation, which will improve the entire user experience and encourage mainstream adoption in the new financial paradigm.
  • Elrond — This mutually beneficial partnership for growth allows Nord finance to bring massive opportunities to the platform users in the Elrond ecosystem. It allows Elrond’s eGold holders to participate in DeFi opportunities on other platforms, while also enabling users from diverse blockchains to engage with Nord Finance ecosystem.
  • Zokyo — this partnership with Zokyo provides added value to users and the community by making sure they are protected.
  • Chainlink — offers a decentralized oracle network to power DeFi.
  • Orion — with this partnership the combined efforts of Orion Protocol and Nord Finance will be channeled to improve liquidity, accessibility, and interoperability.
  • Frontier — a strategic partnership to introduce Nord Savings on mobile wallets with the Frontier DeFi interface.
  • Mahadao — brings ARTH value coin into Nord Finance products enabling lending of ARTH on Nord Finance.
  • Unilend — allows DeFi enthusiasts to experiment with wider investment strategies seamlessly.

Nord Token

$NORD token is a native utility token on Nord Finance platform, currently Nord finance offers two possible ways to earn $NORD token, either via mining mechanism with liquidity mining program, or purchasing $NORD on centralized and decentralized exchanges such as Uniswap, PancakeSwap, and Ascend ( formerly Bitmax). Primary uses of $Nord Token include utilities such as governance, staking, and yield farming across different DeFi platforms.

To learn more about DeltaHub Capital visit DHC.

Nord Finance official Communication Channels:

Official Website: https://nordfinance.io/

Twitter: https://twitter.com/Nord_Finance

Telegram: https://t.me/NordFinance

Stay tuned to more updates through the DeltaHub Capital channels

Website | Twitter | Medium | Discord | Telegram | Rarible | Opensea |

About DeltaHub Capital

DeltaHub Capital is a vibrant and active community which plays an important role in the crypto world. A tokenized decentralized Venture Capitalist (dVC) Pioneer of Community Governance Economic Model (C-GEM) and a battleground for gem hunting backed and supported by us!

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