Nexo

Nexo is a centralized crypto lending platform offering interest and credit services.

Nexo is a crypto lending platform that allows users to earn interest on digital assets and access instant credit lines.

A utility token for a centralized crypto-banking platform. It provides users with various tiers of benefits, including higher interest rates on their crypto savings, lower interest rates on loans, and occasional loyalty rewards.

Interest & Lending Utility: Used to access premium tiers on the Nexo platform, granting users higher interest rates on savings and lower rates on crypto-backed loans.

Lending Tier Utility: Used to unlock higher interest rates on savings and lower interest rates on loans on the Nexo platform. It is also used for governance and to receive "Loyalty" bonuses.