AscendEX are thrilled to announce that the Nova Finance Token has been listed under the trading pair NOVA/USDT, which will be active from Jan. 13, at 2 p.m. UTC.
Nova Finance is a portfolio-management platform built on Solana that allows users to have access to decentralized protocols without having to master complex financial management skills. Users can create a portfolio to generate yield strategies and execute investment strategies like dollar-cost average, take-profit calls, etc.
Nova’s programmable asset framework is Nova’s main focus. This allows both DeFi participants and crypto enthusiasts to program their investment thesis into assets.
Nova uses market data to identify trends and adjust asset composition on-chain to meet the changing investment landscape. Nova optimizes yield-generating services to maximize additional gains and reduce downside risk. Nova also provides access to other assets, such as NFTs and tokens that are securitized, in addition to more obscure digital assets.
Participants who use the programmable assets framework receive an output token called an nAsset. This token represents the assets that the user has deployed within this framework. It is important to note that the composition of a nAsset may change depending on the instructions given. Additional assets can be added to the nAsset by following the instructions.
Nova Token, a primary governance-oriented token, is also included in the framework. It acts as a significant weighting element in the governance system and allows holders to vote on on-chain governance proposals that will determine the future features and parameters for Nova Finance.
AscendEX is proud of listing NOVA and supporting Nova Finance in providing decentralized finance protocols that increase economic opportunities for a broad range of users.
About AscendEX
AscendEX, a global cryptocurrency financial platform, provides more than 1 million institutional and retail traders with the tools they need to get more from their crypto investments. AscendEX operates at the intersection of decentralized and central finance. It offers access to spot, margin and futures trading, robust wallet infrastructure and stake support for more than 200 industry-leading projects. These projects all produce industry-leading yields and returns and help drive the development of the crypto ecosystem. AscendEX is a leader in decentralized finance by its ROI. It supports some of the most innovative projects in the DeFi ecosystem.
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