What is NEND?
Last updated
Last updated
NEND is an RWA tokenization and refinancing protocol lowering risks intertwined with all financial activities. Every participant in the NEND ecosystem has exposure to multiple yield opportunities while lowering impermanent loss risks protected by various unique tools and insurance funds
Real-World Assets (RWAs) are gaining significant traction in the blockchain space as they bridge the gap between traditional finance and decentralized finance (DeFi). Tokenizing physical assets like real estate, commodities, and other tangible items unlocks liquidity and allows for greater accessibility and transparency in previously illiquid markets. According to data from Dune Analytics, the growth of tokenized RWAs has seen a sharp increase, driven by institutional interest and the demand for more efficient asset management and trading solutions. NEND taps into this growing trend, providing a seamless platform for tokenizing and trading RWAs within the DeFi ecosystem.
NEND provides a blockchain platform designed to revolutionize the tokenization of real-world assets (RWAs), unlocking liquidity and accessibility in markets that are traditionally illiquid and difficult to access.
Furthermore, NEND platform expands its ecosystem into a secondary market where participants get a chance to refinance their illiquid assets by issuing and trading asset-backed deeds, notes, or bonds.
This is something that hasn't existed in the space and represents a huge opportunity to be a first mover in the fast-changing space.
Governance for the platform, lending, and sales processes are managed via the DAO (Decentralized Autonomous Organization) with incentives for all participants in the ecosystem to benefit from.
We believe interoperability across protocols is essential. For that reason, we will seek to ensure cross-chain is built into the foundations of the platform from day 1 and will be a key principle for future decision-making and development.
Starting with Avalanche, Polygon, ETH, Solana, and BSC, the platform is on multichain networks.
DAO voting including the Curation process is processed on cross-chain.
Buying and Selling are processed on cross-chain.
With NEND, you can do the following:
Earning interest
Trading RWA
Borrowing
(Leveraged) lending
Curating
Bonding
Trading non-liquid assets
Get an overview of the protocol below: