IOST x NEST | Unlocking A Wealth of Opportunity In Decentralized Finance (DeFi)

IOST Foundation
IOST
Published in
2 min readMay 5, 2019

The IOST Foundation is excited to announce that we have struck a partnership with NEST to develop new applications, use cases and drive greater user adoption in Decentralized Finance (DeFi).

NEST is a decentralized financial service protocol that allows developers to conduct application development and launch decentralized financial products on the NEST protocol. To date, NEST’s Ethereum Dapp already has a user amount of over 10,000, with over 3,000 collateral loan contracts and transaction volumes exceeding USD 6 million.

IOST, a scalable and decentralized blockchain project, is dedicated to creating a practical and useful mainnet, where developers, creators and enterprises can fulfill their potential. With high scalability and excellent performance in running smart contracts, IOST is the perfect platform to power the underlying infrastructure for NEST protocol developers. Besides being highly developer-friendly, IOST continues to build and launch tools that create development efficiency for developers. NEST and IOST will have in-depth collaboration in areas like decentralized financial products application and R&D to create transformational change in finance across the world.

With NEST’s proven success on Ethereum and IOST’s next generation high-speed, decentralized infrastructure, the IOST Foundation is confident that this partnership will create a wealth of opportunity for both parties in the area of decentralized finance.

Join The IOST Community!

IOST not only has low technical barriers for developers to build DApps on it, but also proactively seeks collaboration with multiple DApp ecosystem platforms, in order to attract more users for IOST DApps. IOST is excited to work hand-in-hand with developers and our community to build the world’s first scalable AND decentralized blockchain project and create global blockchain transformation.

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:

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