Nord Finance: Monthly Recap October 2021
October was quite eventful, as we entered the fourth quarter, we are very happy about how far we have come as a community and as a company. Our goal is to make DeFi more usable and accessible to everyone. The support we receive every month from our community of Nord Vikings is simply incredible. We are truly grateful.
Now, let’s dive into everything that happened over the month of October.
Product and Technology Update
Product Launch Marathon for Q4
Starting October, we will be launching a new product or announcing partnership updates for the coming three months. We will be launching 10+ new and unique products that are designed to revolutionize the DeFi Industry. And not just that, there are hidden easter eggs in NORD Tokens for Vikings who promote our products on Social media.
NORD Staking Program is locked with 35% supply!
We are pleased that over 876,000 $NORD have now been locked into NORD Staking Programs, That’s whooping 35% of Circulation Supply is Locked.
Users can Start Staking for 60% Fixed APR at: https://app.nordfinance.io/
$NORD Token Burn
Nord Finance completes its Second successful Token Burn. We are very excited to announce that a total of 200,000 $NORD tokens have been burnt so far, making $NORD more scarce and valuable.
Partnerships and Ecosystems
NORD/ DFYN Dual Farming Pool Extension
NORD-DFYN LP Staking was live for users to provide liquidity and stake LP Tokens and earn dual token 400 DFYN + 150 NORD per day rewards. It was extended for 30 days till October 30th.
Biggest DeFi Trading Marathon on DEXE
The month of October witnessed the biggest DeFi Trading Marathon on DEXE. Nord Finance partnered with DEXE for the biggest DeFi Trading Marathon ever. And not just that, in addition to DEXE, everyone got an opportunity to trade other partner tokens such as Kattana, Unicrypt, and RealFevr.
A prize pool of $150K tokens was also up for grabs for those who could get the most trading volume in each of the four rounds of trading.
Nord Finance partners with Safle
We are very pleased to announce that Nord Finance partnered with Safle wallet, a next-generation non-custodial wallet provider with a self-sovereign identity protocol with Web3 infrastructure. This partnership will help achieve our goal of making DeFi more accessible to everyone.
You can read more here — https://bit.ly/NORD-Safle
Lending and Flash Loans on UniLend
Lending & Flash Loans Pools for $NORD are now LIVE on UniLend! Nord Finance is listed on the Unilend Polygon implementation of our platform. $NORD holders can now lend their tokens and earn high APY on our permission-less protocol. $NORD is now available on uBoost dApp for Flash Loans.
Lend your $NORD here: https://app.unilend.finance/lend
Read Guide — https://rb.gy/n822cx
NORDvember is here!
We are entering November with an enthusiasm to give our community many reasons to celebrate Nord Finance. We are very excited, hope you are too! Our aim is to revolutionize the traditional financial model by making Decentralized Finance(DeFi) more accessible to everyone. Everything we have done so far is to make that a reality. We are truly grateful to receive such amazing responses from the Nord Vikings Community. Keep your faith in us and we’ll deliver the best Defi platform to you.
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.
Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.
Nord Finance strives to serve the rising needs targeting novice users and professionals to meet their financial goals.