Nord Finance: Monthly Recap March 2022

3 min readApr 7, 2022

March was an exciting month for us to launch new products and make new partnerships. We’ve closed the month of March on a strong note with a $NORD listing on the MEXC exchange.

Have you missed the March action at Nord Finance? Don’t worry. We are releasing this report to help investors track our progress in March.

Product and Technology Update

Nord NFT Loans V2 Launched

We’ve launched Nord NFT Loans V2 to give Nord NFT Loans users better features to utilise the platform.

New Features:

Pro-rata bid option
Multi-token support for lenders
Improved user experience
The ERC 1115 compatibility

$NORD MEXC exchange Listing

We have successfully listed the $NORD/USDT pair on MEXC Global to give investors an option to deposit and withdraw $NORD on Polygon Network.

$NORD Token Burn

Nord Finance completed the 7th successful Token Burn. We’ve burnt a total of 700,000 $NORD as of now, a whopping value of 2.11M+ USD in total.

Partnerships and Ecosystems

Nord Finance partners with Syscoin

Nord Finance has partnered with Syscoin. We’re bringing new Investment avenues to our communities with the power of Syscoin NEVM.

Nord Finance will collaborate with Syscoin to release Nord Savings and Nord Staking products on the Syscoin blockchain. Investors on the Syscoin blockchain and existing Nord Finance investors will be able to take advantage of attractive APYs of our Savings and Staking product. We’ll also bring other products on the Syscoin blockchain in the future.

Nord Finance | Syscoin Partnership

Nord Finance | e-Money partnership exploration

We have announced e-Money’s strategic partnership exploration with Nord Finance. e-Money is a blockchain-based payment platform that supports a range of fiat-stablecoins that are fully backed by bank deposits and government bonds.

The partnership will introduce e-Money’s suite of European stablecoins such as EEUR, ECHF, ESEK, ENOK, and EDKK to Nord Finance’s ecosystem. In addition, The partnership will bring awareness about both projects to their respective communities.

Nord Finance | e-Money

Community Interactions

Townhall Chat:

We enjoyed chatting with the Nord Finance Community at a Townhall Chat on telegram. The meeting was organized to give the community a clear idea of Nord Finance’s progress and future plans.

#LearnWithNORD campaign:

We believe new users of DeFi are still getting accustomed to the Web 3 world. We’ve launched the #LearnWithNORD campaign for our followers to give them an opportunity to earn rewards while they learn about Cryptos, NFTs, Blockchain & more Web3 concepts.

A Message for Nord Vikings Community:

We are entering into April month with enthusiasm to give our community many reasons to celebrate Nord Finance. We will release amazing products and announcements this month. Get ready to celebrate with us.

About Nord Finance

Nord Finance, a blockchain agnostic platform, is a next-level decentralized finance ecosystem directed at simplifying the concept of decentralized money for its clients by featuring conventional money’s key components. NORD Finance is built on Ethereum Network. Multichain interoperability of NORD Finance powers a plethora of financial primitives, which constitute savings, advisory, loans against assets, and investment/funds management.

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