NAOS Finance x SushiSwap Partnership
NAOS Finance announced partnership with SushiSwap, so NAOS Finance users now have the ability to trade $NAOS on Sushi’s platform.
SushiSwap is one of the largest DEXes and AMMs running on various blockchains, including Binance Smart Chain and Ethereum. It leverages its simplistic design to ease the swapping process.
🔻How to Trade $NAOS and Add Liquidity
- Trading the $NAOS token on Sushi is easy. Make sure to download MetaMask and add it as an extension to your browser in order to interact with SushiSwap’s protocol before you get started.
- Open your MetaMask wallet and set it to the Ethereum network
- Scroll to the bottom of your wallet and click Add Tokens
- Select Custom Token
- Add in the following contract address: 0x4a615bb7166210cce20e6642a6f8fb5d4d044496
The “Token Symbol” and “Decimals of Precision” fields should automatically populate - Click Next and add $NAOS
- Navigate to the SushiSwap app and input $NAOS into the “Swap to” field. Then click Swap and follow the instructions on MetaMask to complete the transaction
- To add liquidity to a pool, stay on the same page but select Liquidityinstead. You can then input $NAOS with a corresponding token to create a pair for the pool
What is SushiSwap?
SushiSwap is a sushi-themed DEX and AMM running on a wide variety of different blockchains. Having debuted only 7 months ago, it is one of the greatest success stories to emerge from the infamous “DeFi Summer” of 2020, growing to over $5 billion in locked asset’s value. Users can trade between multiple tokens, add liquidity to pools, and more, all in a permissionless and decentralized manner.
$SUSHI, the protocol’s governance token, allows users to vote on proposals that impact platform expansion, in addition to staking to earn lucrative rewards on the platform.
What is NAOS Finance?
NAOS Finance is a DeFi lending protocol allowing lenders and SME borrowers to facilitate permissionless and borderless loaning/borrowing transactions on the blockchain. Built on Ethereum and Interplanetary File System (IPFS), platform lets users tokenize real-world assets and subsequent lending.
$NAOS is the governance token and can be used to interact with the protocol and earn rewards. Users have the option to lend, borrow, stake, and mine to transact with others around the globe and earn additional rewards with token.
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