Today, almost all financial services are run by traditional banks and intermediaries. The problems with these traditional service providers are increasingly becoming obvious to everyone — compounded costs due to commissions, centralized risks of failure & futile bureaucracy among others. The disadvantages of using centralized solutions in the form of fraud and economic mismanagement are well established and need no expert analysis.
Nexon Finance presents an opportunity to democratize access to a wide range of financial services like margin trading, yield farming, lending with on-chain assets, uncollateralized borrowing, and many more through a seamless lending & borrowing experience. Nexon is built on zkSync, the Layer 2 scaling solution on Ethereum that offers low gas and fast transactions, without compromising on security.
We believe that technology should have no barriers to entry as it has the power to inspire change. With the advent of DeFi, the economic landscape is changing bringing new sets of rules. It can be a little intimidating for a new user in the ecosystem. This is why we have built Nexon Finance for everyone by simplifying the standard user experience in DeFi and helping onboard the next wave of Web 3 users. By empowering users to use non-custodial solutions, we wish to put the power back to the common users and retail individuals and help them take charge of their financial sovereignty.
We anticipate a change in how value is distributed and human collaboration around the globe thanks to decentralized financial systems/protocols. To create the most value for those who support this shift, Nexon is continuously finding the protocols and systems that will flourish throughout these transformative times. Such decentralized, peer-to-peer technology is not merely a technological advancement, but it will reshape the global economy as the internet did.
Admittedly, the current bear market has impacted protocol volumes and token prices very hard. Throughout 2022, the market has seen its fair share of collapses and industry shockwaves, some expected while some unexpected. But come rain, hail, or storm, we at Nexon are heads-down building the best possible product to help accelerate DeFi mass adoption. It’s been a hard year for crypto. But we continue to be bullish on DeFi.
On that note, we are proud to announce something really exciting. Nexon has reached an important milestone. You’ve been asking us for a long time, but we wanted to give you only the best. So we kept building toward our vision. Brace yourself!
Nexon Testnet Early Access Request Form is now live!
We will soon be launching our testnet for early testers. We’re confident that our Testnet release will give you insight and a primer into the future of the Nexon ecosystem. The form to get access to the testnet is now live! All you need to do is:
1. Open the early access webpage at https://nexon.finance/early-access
2. Fill out the testnet form ✍️
3. Get access & wait for the testnet launch ✨
Further details regarding the testnet launch will be announced very soon! The testnet will continuously evolve, bringing in more enhancements and upgrades with every release. We’re always open to feedback and are constantly enhancing our dApp. Reach out to us via any of our social channels!
We’re building Nexon for the entire DeFi community, and we want you to help build this experience with us. Click the links below to join the community and stay up to date with all things Nexon!
Go fill out the form now!
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Originally published at https://www.getrevue.co on December 1, 2022.
