🏆Why Nova ?

Nova Finance is a lending and borrowing market on Arbitrum inspired by one of the largest DeFi protocols: AAVE.

AAVE is one of the most respected and secure protocols in the crypto space and Nova wants to expand on it.

Nova Finance has no Venture Capitalist interests and has improved tokenomics; it features a revenue earning token ($NOVA), which shares protocol fees between token holders and liquidity providers. The protocol will always be permissionless.

A unique feature of Nova is its focus on encouraging risk-based decisions for participants by allowing them to choose between locking their tokens or staking them to earn varying levels of rewards. This added dimension provides users with flexibility and potential for higher returns based on their risk appetite. Nova seeks to partner with various Arbitrum Orbit (Layer 3) chains, offering them rewards in the form of $NOVA tokens for integrating Nova Finance. As more Orbits adopt our platform, the TVL and rewards will increase, creating a mutually beneficial ecosystem.