Naos

NAOS Finance is a decentralized lending protocol that lets DeFi lenders and small- and medium-sized enterprise (SME) borrowers interact permissionlessly on the blockchain, originating and funding loans without traditional intermediaries. The stated aim is to connect on-chain capital with off-chain credit opportunities and, ultimately, to automate the tokenization of real-world assets so that they can be used throughout an end-to-end lending process. The project describes itself as an interoperable marketplace for loans backed by offline income streams, intended to help address the global credit gap.

According to descriptive material published on market-data pages, the underlying NAOS Protocol consists of two sub-protocols: Formation, a liquidity protocol providing yield farming for the nUSD synthetic token, and Galaxy, a lending protocol that emulates conventional banking processes by allowing users to apply for loans and tokenize assets. The protocol also intends to make loan performance data more openly available, arguing that such data has historically been held by conventional financial institutions. The NAOS token is the network's native asset and is described as being used to fund ecosystem growth, marketing, community building, operations and partnership activity.

The NAOS token is deployed on Ethereum (contract 0x4a615bB7166210CCe20E6642a6f8Fb5d4D044496) and BNB Smart Chain (0x758d08864fB6cCE3062667225ca10b8F00496cc2), and is traded primarily on decentralized exchanges such as PancakeSwap. Note: a separate French dermatological-cosmetics company also named NAOS (naos.com, founder of Bioderma) is unrelated to this entity and was excluded from this profile.