Launching of NORD Savings on Polygon : A Tier-based Savings Protocol

Salient Features of new tier based NORD savings on Polygon:

  • Stable coin APY from lending platforms on Polygon
  • Bonus APY boost of USDT supplied in NORD as per the tier
  • Bonus APY boost of NORD staked in NORD
  • ~2.5X APY boost for the top tier i.e Titanium + 50% entry load fee deductions.
  • NORD Savings users get fees redistributed for long term holding.
  • NORD Single asset stakers on Polygon will get fees redistribution.
  • Gas less fee transactions integration on Polygon.
  • Instant withdrawals of stable coins
  • One week unbounding period for the staked NORD token.

Stable coins Staking APY

Bonus APY boost on staked Stable coins on NORD

Bonus APY boost on staked NORD on NORD

Tiered System Caps

  • Stable coin APY from lending platforms as per example its 7.73%
  • Bonus 4% APY boost of USDT supplied in NORD as per the tier
  • Bonus 4% APY boost of NORD staked in NORD
  • Stable coin APY from lending platforms as per example its 7.73%
  • Bonus 12.5% APY boost of USDT supplied in NORD as per the tier
  • Bonus 12.5% APY boost of NORD staked in NORD
  • 50% fee reductions on protocol fees.

Nord Savings Fee Structure on Polygon

  • Treasury: 0.3%
  • Redistribution to NORD long term staking holders: 0.3% ( for single asset staking on polygon coming soon)
  • Redistribution to stablecoin holders: 0.4%
  • Withdrawal Fee: 0%
  • Performance Fee : 0%

About Nord Finance

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