# DefiNodal `Building the future of decentralized financial services` ## Why another DeFi protocol? There are many great DeFi protocols, with amazing teams. We are fans and great supporters of protocols such as Uniswap, Pancakeswap, Quickswap, 1Inch, Lido, Aave, Jupiter just to name a few. There are many other projects doing excellent job and we believe that they have a great future. Do we really need another DeFi protocol? Well, we believe that we actually do! We need a protocol more focused on long term investing in crypto assets with less risky gains. ## sDNOD [sDNOD](/definodal/sdnod.md), an overcollateralized stablecoin, offering stability, security and anonymity. Backed by three other stablecoins, all risks associated with holding a stablecoin are mitigated to a large extend. Buildup from start to accumulate a collateral fund, sDNOD achieves an overcollateralization early on. ## Portfolios Users at DeFiNodal can create their crypto [portfolios ](/definodal/portfolio.md)via our decentralized application. Many users prefer trading and others prefer a hodl strategy. The DeFiNodal Portfolios are created for hodl users who want a decentralized and easy way to create their crypto portfolios and manage their crypto assets. In addition to the easy and decentralized nature of DeFiNodal's portfolios, all your assets are automatically staked to other platforms who are industry leaders (do not worry, you know exactly where your tokens are automatically staked and you can withdraw your assets immediately). ## Labs DeFiNodal is constantly evolving and innovating. Projects we are currently working: * Multitoken swapper for lowering swapping fees for our users (Partially implemented for some backend swapping when using the platform) * Enhancing portfolio features (Already some features in Alpha version and may release something before the end of 2024 depending on other priorities) * Governance (Since the inception of the project this has been one of the top priorities, it's a matter of proper timing) * Chain agnostic functionality (Long term vision and project) ## DNOD [DNOD ](/definodal/dnod.md)is the native platform token and can be staked in the boardroom. Staking in boardroom gives generous rewards in DNOD. Please check the tokenomics of DNOS. Platform revenue is also shared amongst the boardroom stakers (team members have their DNOD staked for a year). ## Join Us DeFiNodal is an open project created by users for users. It is an honest effort aiming to create a platform that has been missing from the DeFi space. We welcome anyone to join us, no matter what your skills are, from crypto enthusiast to developers, marketers, community assistance just send us a DM. ``` // ALPHA VERSION ``` --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://definodal.gitbook.io/definodal/definodal.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.