NEXO token is
The utility and governance token of the Nexo Financial platform.
NEXO token is used for
- Stake and earn interest
- Stake and earn rewards
- Added incentive
How could value accrue to the token?
- Governance could add revenue share for token holders.
- Staking for different perks
What is Nexo Financial?
The platform is a CeDeFi regulated and licensed money market where users can earn interest on their money (USD, EUR) and crypto assets. The platform gives opportunities to earn on stablecoins with extra rewards when paid in native tokens.
They offer institutional services with custody by BitGo and Fireblocks.
Staking (future utility)
- Affiliates can stake their tokens to earn a higher commission on referrals.
- Physical card and perks
- Up to 12% interest
- Daily payouts.
- 1 token equals 1 vote. Users can vote on upgrades and decide direction of the platform.
Total supply: 1 000 000 000
Presale: $0.1 (ICO 2018)