NXUSD is an ERC-20 standard token on the Avalanche blockchain. Following recent market changes, Nereus has ensured that NXUSD is fully collateralized, which uses the tokens WBTC, WETH, AVAX, DAI as collateral to mint NXUSD and maintain its price.
The token has 0% interest rate and maximum capital efficiency at 90% LTV in Nereus. NXUSD can also be spent at 80 million locations worldwide on Wirex’s crypto-enabled debit card, as well as held in Wirex’s DeFi savings product, X-Accounts. This will allow customers to earn up to 20% AER interest on NXUSD, with no minimum holdings or monthly fees.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.