Nomial Docs
  • Concepts
    • What is Nomial
    • Why use Nomial
  • Protocol
    • Architecture Overview
  • Smart Contracts
  • Loan Process
  • Interest Rate Model
  • Solvers
    • Take out a loan
  • View loan status
  • Repay a loan
  • Security
    • Security Model Overview
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    • Terminology
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  1. Concepts

What is Nomial

NextWhy use Nomial

Last updated 1 month ago

Nomial is an Inventory Access Layer for solvers who need assets to fulfill cross-chain intents.

An Inventory Access Layer (a new concept from Nomial) allows solvers to collateralize on one chain and borrow inventory on many chains. Inventory is provided by passive liquidity providers. When accessing inventory, borrowers pay fees that accrue back to the liquidity providers.

For Solvers:

  • collateralize on chain

  • borrow on many chains

For Liquidity Providers (LPs):

  • Earn passive income by depositing assets into pools which are then utilized by solvers

Nomial is primarily targeted at solvers that need assets to fill cross-chain intents. Without Nomial, solvers need to fragment their assets on many chains and take risk on those assets and chains. With Nomial, solvers can fill orders on more chains with no asset fragmentation. Nomial also allows solvers to better handle spikes in demand and eliminate price exposure on assets.

Before and After Nomial