Nitrogen Network — a decentralized peer-to-peer network that allows users to borrow or provide cryptoassets. You can borrow ETH and ERC-20 tokens currently. The developers are working hard to provide you with options to lend or borrow other blockchain assets (BTC, NEO, EOS, etc.) or EUR, USD.
Contents:
- Description of Nitrogen Network app dapp
- Other features of the blockchain project
- Additional information about the ETH project
Description of Nitrogen Network app dapp
The Nitrogen Network is a decentralized P2P secured lending network, where users can earn interest through lending.
The platform consists of the following sections:
- financing book;
- filters and sorting;
- creating a new order;
- contract versions.
The Funding Book displays all active orders and transactions on the Nitrogen Network, including orders, submitted from your account. Use the sorting and filtering functionality to find orders and deals with the desired parameters (for example, interest rate, maturity, loan cost, etc.).
The contract versions page can be accessed through the information menu. This page is for you to see the current version of the contract here. All previous versions of contracts are presented on the page. There may be some orders and deals on previous versions of the contract, but from a user perspective, this does not change the way users manage their deals and orders.
Other features of the blockchain project
The Nitrogen Network also allows users to borrow assets to trade on the crypto market. They can get the liquid assets they need without selling long-term holdings. At Nitrogen, users are able to borrow and lend in a safe and transparent manner. This is possible by maintaining control over exclusive assets, where all private keys remain in client-side applications. Nitrogen does not have access to user assets.
Getting started on the Nitrogen Network:
| 1 | The process starts with registering and connecting your account to Metamask. |
| 2 | After starting the account, users can view orders that match their request. |
| 3 | Users can create their own custom order with a simple, step-by-step customization process. They can manage their trades and orders, cooperate with a counterparty to change the terms of trade. |
Since it is a decentralized P2P lending network, its mission - to increase the liquidity of cryptocurrencies and improve their availability. Thus, the platform opens up more opportunities in the crypto space for everyone to provide them with an easy-to-use yet powerful platform to manage their crypto portfolios better.
Additional information about the ETH project
NitrogenNetwork has a dedicated development team with years of experience in the banking and crypto industry. This team has created an appropriate platform to serve other members of the community. Their industry experience, as well as the collaborations they have made with like-minded partners, will ensure the safety and effectiveness of their products. There is no White Paper on the site itself, but you can familiarize yourself with the project by reading the article. The community has not conducted social networks yet. Smart contract has not been audited.