Nord Finance | Chainlink YouTube AMA Summary
Yesterday, We enjoyed chatting with Andy Boyan from Chainlink. We discussed many topics and answered some community questions. Don’t worry. If you’ve missed the AMA, we have compiled a list of topics Nord Finance CEO Amarnath Reddy discussed in Chainlink AMA.
Talked about regulation in India:
We discussed the ongoing regulation talks in India. We conveyed that we’re optimistic about the government’s stance to regulate the Crypto and DeFi space and not to ban the Crypto like China.
Discussed Nord Advisory and its importance for wider adoption of Crypto:
We discussed the most important product Nord Advisory. We discussed the importance of the funds like Tera Surge and Solidum Capital on the Nord Finance platform. We discussed that Nord Advisory’s importance for the new investors to get the best risk-adjusted returns.
Discussed Multichain availability of Nord Finance Products:
We discussed the importance of multichain availability of Nord Finance products. We also talked about the availability of multichain will help us create the best products using important features of various chains to give users various options in terms of transaction speed and cost.
Nord Products will be launched on Avalanche:
We announced that Nord Products will be live on Avalanche on Thursday, 16th December 2021.
Discussed Success of Nord Staking
We talked about the Nord Staking success. Close to 1M tokens are staked in Nord Staking Program.
Nord Finance and Chain-link Price feeds integration importance
We explored Chain-link Price feeds integration. Chain-link Price feeds integration into Nord Advisory will drive the accuracy and reliability of the asset prices.
Increased interest of traditional VCs in Nord Finance products and DeFi.
We talked about the increased interest of traditional VCs in Nord Finance and their curiosity and desire to explore the DeFi space.
Launch of P2P Loans for NFTs:
We announced that we are launching P2P loans for NFTs in December. This will help people lend and borrow against pleaded NFTs. This is a niche product in the market and we’ll be having the early mover advantage with a huge growth of NFTs.
Possibility of entering in Metaverse field:
We explored with the Chainlink our near future aspiration to enter into Metaverse.
You can watch the Youtube Recorded AMA here.
About Nord Finance
Nord Finance is an advanced decentralized financial ecosystem designed to simplify DeFi investing by bringing key features of traditional finance to the DeFi ecosystem. NORD Finance is built on Ethereum Network. Multichain interoperability of NORD Finance powers a plethora of financial products, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.