A decentralized peer-to-peer network aims to facilitate the experience of the crypto owners when borrowing and lending their assets and giving them the opportunity to set up loan contracts on their own terms.
Nitrogen's goal is to enable the crypto enthusiasts to leverage the assets for their benefit by making them safe and simple to increase liquidity and hedging profits.
Company representative Alice Stork,
Ler Nitrogen's goals cryptocurrency to promote interest in their units and markets and to act in accordance with the general interests of the professional merchant community birim
said that.
Thanks to the network, users can lend their assets to earn interest or to borrow assets against their existing portfolios.
Nitrogen hopes to increase market liquidity by unlocking diversity in investments in various crypto assets.
Reliability and Network Security of the Nitrogen Network
It is compatible with Nitrogen, Chrome, Opera and Firefox and uses the MetaMask plugin. Nitrogen developers also work for the integration of other popular wallets such as Ledger and Trezor.
How does Nitrogen Speed Up Your Business?
According to Nitrogen's website, the project has an independent infrastructure with blockchain. This means that users can interact with the network's intelligent contracts over any blockchain interface they choose, such as Parity and MyEtherWallet, even in the event of a system crash or hacking attack. As a result, the ability to perform critical business functions such as withdrawal of assets or completion of a trade will not be affected.
If you are unfamiliar with MyEtherWallet from here You can learn.
Nitrogen network The loans agreed upon are supported by the lender's default if the lender is in default or a critical level of collateral is reached. In the meantime, borrowers benefit from an informative notification system that warns them on the platform and, if necessary, via e-mail. This allows them to track the status of their application, as well as when they are paid, even if they do not have access to their accounts. Customers also benefit from a dedicated support team at Telegram, who can help them with their questions and concerns.
Source: Cointelegraph