Nova Finance is a programmable asset framework that allows people to access DeFi without having to learn complex financial management skills.
Nova Finance provides access to all types of digital value such as cryptocurrencies, stablecoins, representative tokens, NFT’s and others which are all contributing towards the evolution of the internet of value. Nova’s role is to make these accessible and give users sufficient controls to navigate these asset classes.
Nova aims to optimize user value at every opportunity and its framework and integrations are designed to allow users to extract as much value as possible.
The nAsset framework powers the Nova Finance MVP and will go on to power subsequent products and iterations for select audiences such as retail and institutional funds.
Digital Asset Allocation – the Nova Finance MVP is a blockchain-based technology platform which offers the tools for experienced cryptocurrency users to automate and optimize their asset allocation, and possibly share their asset allocation with other users. It allows anyone to create and deploy dynamic portfolio nAssets with a range of automated controls.
Auto Yield Generation – portfolio assets can be configured to be deposited into riskier yield opportunities in exchange for potentially higher returns. Users who participate in a particular strategy created by another will automatically give 10% of their yield generated to the portfolio creator as a form of incentivization to encourage the creation and sharing of insight and strategies.
Staking Program – any portfolio nAssets will be eligible to participate within a staking program where they will receive Nova Tokens as an incentive for supporting the protocol’s activities.