What is Nuo Network?Last Updated: March 31, 2019
Nuo.Network is a decentralised debt marketplace that connects lenders and borrowers across the world using smart contracts. Our goal is to create global decentralized debt products using the Nuo Protocol.
Lenders can supply ETH or ERC20 tokens to our reserve pool and earn daily interest. while borrowers can get instant loans which are backed by collateral. We also enable borrowers to take an over-collateralized loan which can be withdrawn and an under-collateralized loan which can be used to margin trade with upto 3x leverage.