metadata: {"type": "project", "title": "Nexon Finance", "logoImg": "bafkreiagoapwk54ga5kl4jhlojnapjeojnrm5wiglrsm3dwpk6lqkg2lkm", "website": "https://nexon.finance", "bannerImg": "bafkreicobtrrysqloglojfbzo2saocfjfxh7gboegf3nhuvr2wxedy2hcq", "createdAt": 1682120163158, "userGithub": "nexonfidev", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..qdPhHSFi62vqds1_wBbAjgdn07Ywt0hHGXaxR1p8XxQ2MsUaN1KGbkmks_jpZxhyeRl4Nq-gtf0UOQBT4wf9Cw", "type": "Ed25519Signature2018", "created": "2023-04-21T23:45:05.870Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-21T23:45:05.870Z", "expirationDate": "2023-07-20T23:45:05.870Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xBd4d15053BE2AEb70D544C6B8a7056F8a5c0250D", "hash": "v0.0.0:0dVeVqzpWHorofV34LVMQIC8WGQ5E6vIeS8sykvQJMs=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#nexon-finance#98641861"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..WAdbUrNSJVXylmq6i7GXIOH0BtLJnU4PYDW8nDhbylPlbNvL34AOWs5zvFXHoC0a8vPIjKRGXu09dPopVKSoCQ", "type": "Ed25519Signature2018", "created": "2023-04-21T23:32:09.892Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-04-21T23:32:09.892Z", "expirationDate": "2023-07-20T23:32:09.892Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xBd4d15053BE2AEb70D544C6B8a7056F8a5c0250D", "hash": "v0.0.0:2FRjsHT3KEPGapaBcTcUcd+C0zAhcnAAAgAHJFsJnOg=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#NexonFi"}}}, "description": "Nexon is a Low Risk & Capital Efficient lending protocol on zkSync Era. Nexon is trying to solve the most common & significant challenges currently facing the DeFi ecosystem. To encourage mass adoption, the aim is to improve capital efficiency and streamline UX.\n\nNexon will have two different products:\n1. Pooled Lending\n2. P2P lending\n\nBenefits:\nCapital Efficient: Existing lending protocols always have utilization of less than 100% this means that the Lender\u2019s funds are not utilized fully. So the borrower has to pay more & each lender actually gets less as the interest is distributed equally.\n\nNo dependency on price Oracles: Existing projects use oracles to carry out liquidations. This makes oracles a point of high risk for these protocols. Many LTAs & some mid-cap project tokens don\u2019t have a price feed oracle which makes it difficult to\n\nNo dependency on liquidity: Low liquidity in the market makes the existing protocols insolvent. This is mainly applicable to Layer 2s & tokens with lower liquidity. ", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "nexon-finance", "projectTwitter": "NexonFi"}
name: Nexon Finance