# Nolus Protocol

> Fixed Rate Margin Engine

Nolus Protocol offers asset-backed spot margin trading with fixed interest rates, structured liquidity, and controlled leverage through its DeFi Lease mechanism on Cosmos.

Nolus Protocol delivers capital-efficient spot margin trading with fixed interest rates, partial liquidations, and structured risk controls. Built on Cosmos SDK with IBC and Interchain Accounts, the protocol enables users to access leverage while maintaining ownership of underlying assets. The DeFi Lease model provides financing while reducing over-collateralization requirements.

- Type: Project
- Sector: Finance
- Status: Active
- Founded: 2023-05-01
- Profile: https://thegrid.id/profiles/nolus_protocol

## Products

- [Nolus Pirin Mainnet](https://thegrid.id/profiles/nolus_protocol): Nolus Pirin is a Cosmos SDK-based Layer-1 blockchain utilizing Tendermint consensus and CosmWASM smart contracts. The network enables cross-chain lending markets through IBC and Interchain Accounts, supporting DeFi Lease operations with semi-permissioned PoS validation. (L1, Live)
- [Nolus DeFi Lease](https://thegrid.id/profiles/nolus_protocol): Nolus DeFi Lease implements asset-backed margin positions with fixed interest rates and partial liquidation mechanisms. The protocol sources liquidity from multiple DEX hubs via IBC, enabling users to open leveraged positions while maintaining direct ownership of underlying assets through smart contract-managed lease agreements. (Decentralised Borrowing & Lending, Live, Main Product)

## Assets

- [Nolus (NLS)](https://thegrid.id/profiles/nolus_protocol): NLS is the native token of Nolus Protocol, a Cosmos-based DeFi platform. It is used to pay transaction fees, secure the network through staking, and participate in governance voting. Staking NLS grants users reduced interest rates and special down payment options when opening DeFi Lease positions, aligning token holder incentives with protocol usage. (Native)

## Links

- [Main](https://nolus.io)
- [Documentation](https://hub.nolus.io)
- [Whitepaper](https://nolus.io/Nolus-Whitepaper.pdf)
- [Blog](https://medium.com/nolusprotocol)
- [Media Kit/branding](https://nolus.io/Nolus-Brandkit.pdf)
- [Twitter / X](https://x.com/NolusProtocol)
- [Telegram](https://t.me/NolusProtocol)
- [Discord](https://discord.gg/nolus-protocol)
- [GitHub](https://github.com/nolus-protocol)

## Legal

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP