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Non-custodial Lending Platform Nuo Announced the Suspension of Services, Users Need to Withdraw Funds By December 31
Summary: NuoNetwork, a non-custodial lending platform, announced that it has ceased its services and reminded users to withdraw their funds before December 31, 2020. The Nuo.Network website will be closed at that time. NuoNetwork said that the platform has not added new lending orders since August 1, and the current lending rate is 0%. Most users ...
NuoNetwork, a non-custodial lending platform, announced that it has ceased its services and reminded users to withdraw their funds before December 31, 2020. The Nuo.Network website will be closed at that time.
NuoNetwork said that the platform has not added new lending orders since August 1, and the current lending rate is 0%. Most users have previously withdrawn their reserves and tokens, and the tokens in the Nuo smart contract are currently worth less than $200,000. NuoNetwork is a non-custodial loan protocol supported by ConsenSysVentures. NuoNetwork provides over-collateralized loan services, leveraged trading and instant trading of ERC-20 tokens through the lending market. In April 2019, the crypto asset reserves of the NuoNetwork platform exceeded US$2 million. At that time, it was among the top five DeFi project in locked US dollars, and the largest lending protocol in Asia.
By Amy Liu
Tags: Lending Platform,Nuo,Withdraw
Link: Non-custodial Lending Platform Nuo Announced the Suspension of Services, Users Need to Withdraw Funds By December 31 [Copy]
