Nolus (NLS) Staking

How to Stake NLS

1. Navigate to https://ping.pub/nolus

2. Click the Wallet icon and click Connect Wallet

3. Click Keplr

4. Click Connect

5. Click Staking

6. Click Coinage x DAIC

7. Click Delegate

8. Click the Amount field, enter the number of NLS tokens you want to stake and Click Stake

9. Click Send

10. Approve the Keplr wallet transaction pop-up

11. Congratulations! Your NLS tokens have been staked

About Nolus (NLS)

Nolus is a decentralized finance (DeFi) platform that introduces an innovative approach to money markets through its unique DeFi Lease solution. Operating on its own semi-permissioned blockchain, Nolus bridges lenders and borrowers, offering up to 150% financing on initial investments while allowing users to retain ownership of their digital assets.

What Makes Nolus Special?

Nolus stands out in the DeFi landscape due to its DeFi Lease solution, which offers several advantages:

• High Financing Leverage: Borrowers can obtain up to 150% financing on their initial investment, enabling greater exposure to digital assets with a lower upfront capital requirement.
• Ownership Retention: Users maintain ownership of their leveraged assets throughout the lease term, providing flexibility and control over their investments.
• Lower Margin Calls and Costs: The DeFi Lease model is designed to reduce margin call frequency and overall costs compared to traditional DeFi lending, enhancing capital efficiency for borrowers.
• Cross-Chain Asset Support: Nolus integrates with multiple networks and assets, allowing users to borrow and swap assets across various decentralized exchanges (DEXs) without creating fragmentation and inefficiencies across markets.

Links:

• Website
• Github
• Blog
• Explorer
• Twitter
• Discord
• Reddit

Learn More About Nolus

• Documents

Nolus Staking FAQ

How much can I make staking NLS?

The return from staking NLS varies based on the network's overall staking participation, real yield, and specific validator commission

How do I receive my NLS rewards?

NLS rewards need to be claimed. Visit the Ping Pub dashboard to claim your staking rewards

When can I start earning rewards with NLS?

You can start earning staking rewards once your tokens are successfully delegated to a validator

Can I sell NLS while it is locked up?

Staked NLS tokens cannot be sold, they need to be unstaked first. The unstaking period for NLS is 21 days

What are the risks around staking NLS?

Staking NLS comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period)

What consensus algorithm does Nolus use?

Nolus is a blockchain built using Cosmos SDK and Tendermint

What are the tokenomics of NLS?

Read all about NLS tokenomics here