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Coder-

Is there a maximum for the 0 apr? Is there

any limit on the amount of interest you get using nexo as collateral?

#cryptocurrency #english #nexo
0

10 ответов

9 просмотров
Yan | Nexo | No support on DM-

There’s two conditions: 1. Be of Platinum loyalty 2. maximum LTV is 20%

0
06.04.2022
Coder- Автор вопроса
Yan | Nexo | No support on DM
There’s two conditions: 1. Be of Platinum loyalty ...

20% LTV. Do you get the 7% interest on the 100% of nexo in collateral

0
06.04.2022
Coder- Автор вопроса
Yan | Nexo | No support on DM
Yes

For avoidance of doubt. Assuming one holds 100,000 nexo and takes out 20000 nexo in USDC via loan. 7% interest earnings from 100,000 nexo which is the collateral and how much interest would be earnt on the USDC borrowed if kept in nexo?

0
06.04.2022
Coder- Автор вопроса
Coder
For avoidance of doubt. Assuming one holds 100,000...

1) So is that the full 7 percent on the 100,000 collateral? 2) The 20000 nexo in usdc how much interest would be earnt? 3) would the borrowing be 0 apr?. Note im platinum already and getting paid in nexo

0
06.04.2022
Yan | Nexo | No support on DM-
Coder
1) So is that the full 7 percent on the 100,000 co...

NEXO used as collateral earns 7%, the coins you borrow and leave on the platform will earn the interest you would usually get

0
06.04.2022
Coder- Автор вопроса
Yan | Nexo | No support on DM
NEXO used as collateral earns 7%, the coins you bo...

So thay would be a total of approx 19% then? Correct? Since nexo in collateral will be 7 percent and usdc borrowed would be 12 percent? Also the usdc borrowed would be 0 apr?

0
06.04.2022

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