Shield Finance will deploy Market Crash Protection contracts for NULS + NULS will provide access to SCO program. Nerve Network Will enable the ability to make cross-chain transaction for Shield Finance assets
Shield Finance ($SHLD) is excited to announce a partnership with NULS ($NULS) — a platform that allows developers to deploy new blockchains easily.
Summary
Shield Finance will deploy Market Crash Protection contracts for NULS. These contracts will allow the $NULS token holders to buy protection against a potential crash due to market-wide sell-off. $NULS token holders will have a right to sell $NULS at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.
NULS will provide access to the SCO program & help Shield Finance explore their solution to deploy Market Crash Protection contracts at low fees.
Nerve Network will provide the ability to make cross-chain transaction of Shield Finance assets
Denis Gorbachev, CEO of Shield Finance, said: “We’re looking forward to providing the Market Crash Protection contracts for $NULS token holders which they can use to insure themselves against market-wide sell-off. We’re also happy to explore the SCO program that NULS offers — we’re always looking to minimize the fees for our users, and their solution might be the answer to high transaction costs on other blockchains.”
Berzeck, Western Director of NULS and Nerve Network Founder, said: “We are very much looking forward to working with Shield Finance, exploring our SCO program which gives our holders the opportunity to invest in Shield Finance through our unique Proof-of-Credit Mining mechanism as well as providing the capabilities to utilize cross-chain outreach on multiple blockchains through Nerve Network. We are also very interested to further discuss the possibility of using Shield FInance’s Market Crash Protection within our ecosystem.”
# About NULS
NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption. Nuls SCO program allows projects, from inception to fully established, to reach investors without the fear of risk by staking Nuls in return for the project tokens as rewards.
Website: Nuls.io
Telegram: @Nulsio
Twitter: @Nuls
Medium: Nuls.medium.com
# About NerveNetwork
NerveNetwork is the cross-chain solution for NULS with 2-second block creation and no rollbacks (just one confirmation needed to be safe). NerveNetwork also acts as a cross-chain bridge to allow the ability for token swapping between Nuls, Eth, BSC, Heco & OKExChain.
Website: Nerve.Network
Telegram: @NerveNetwork
Twitter: @nerve_network
# About Shield Finance
Shield Finance ($SHLD) is developing Market Crash Protection that allows users to insure their portfolio against major market crashes. If you want to get notified about early access to our product, please follow our Telegram & Twitter. If you want more details, feel free to read the technical documentation. If you want to trade the $SHLD token, use Uniswap or DEXTools.
For any questions about Shield Finance, please reach out to us on:
Website: shieldfinance.io
Telegram: @ShieldFinanceHQ
Twitter: @ShieldFinance
Reddit: r/ShieldFinanceHQ
Medium: @ShieldFinanceHQ
Source: Shield Finance
