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About NEXO
NEXO is the native utility token of the Nexo digital assets wealth platform. Launched in 2018, the token provides a variety of benefits within the Nexo ecosystem, including higher yields on digital asset savings, reduced interest rates for crypto-backed loans, and crypto cashback on purchases made via the Nexo Exchange or the Nexo debit/credit card. Holders can also earn annual interest on the tokens themselves when held in Nexo accounts. The asset operates across multiple blockchain networks, including Ethereum, Polygon, and Fantom.
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