β$NEXC FAQs
Last updated
Last updated
$NEXC is the native token of the NexsureChain ecosystem. It plays a central role in the platform by enabling staking, locking, voting, yield farming, and other functionalities designed to enhance user engagement and rewards.
You can earn $NEXC by supplying assets, providing collateral, and participating in yield farming on the NexsureChain platform. Additionally, $NEXC will be available for purchase or swapping once launched.
$NEXC can be used for:
Staking to earn a share of platform revenue.
Locking to earn bonus revenue from penalty fees.
Voting on governance proposals.
Participating in yield farming.
Using as collateral for loans.
$tNEXC is $NEXC that has been supplied to the protocol. Users receive an equal amount of tTokens for the underlying token supplied to the market, which is divided by the current exchange rate.
Users can stake their tNEXC tokens to earn a share of all revenue generated from the NexsureChain protocol. This provides a steady stream of passive income from platform fees.
Locking $NEXC for a fixed term of 90 days makes users eligible to earn both platform fees and penalty fees from early unstakers. This maximizes the potential revenue for long-term holders.
$NEXC holders can vote on various DAO proposals to shape the future of the platform and protocol. This includes decisions on new features, expansions, and other key aspects of NexsureChain.
Yield farming involves providing liquidity to various pools on the NexsureChain platform. In return, users earn additional $NEXC tokens, boosting their overall returns.
Yes, $NEXC can be used as collateral to secure loans on the NexsureChain platform. This allows users to leverage their holdings without selling their $NEXC tokens, providing flexible liquidity options.
Yes, $NEXC holders enjoy VIP access to premium features, early access to new functionalities, participation in special events, and discounts on transaction and staking fees.
$NEXC is designed to be compatible with multiple blockchain networks, allowing users to utilize their tokens across various platforms and DeFi protocols. This enhances liquidity and provides more opportunities for maximizing returns.
NexsureChain offers loyalty rewards for active users and referral bonuses for inviting new users to the platform. These programs incentivize engagement and community growth.
Yes, the NexsureChain protocol undergoes regular security audits by industry-leading experts to ensure the safety and security of user funds. Additionally, users retain full ownership of their tokens through non-custodial wallets.
To get started with $NEXC, you can join the NexsureChain platform, supply assets, and start earning $NEXC through staking, locking, and yield farming. Stay tuned for updates on the token launch and additional opportunities to acquire $NEXC.