News Focus
News Focus
icon url

MindlessSelf

02/16/21 5:14 PM

#24824 RE: Lax daddy #24823

Nexo acts as a line of credit. People can borrow on there for a higher interest rate than what they pay out. The crypto in our wallets acts as the collateral to determine what we can borrow. Nexo has its own coin. You buy their coin and you get a bonus rate earned and a reduced rate on borrowing. They also pay out a quarterly dividend. Their coin has exploded