Discover $NEXI Tokens
Discover $NEXI Token
Welcome to the Discover $NEXI section 👋 This section is dedicated to learning all about our favorite token, $NEXI! Here, we’ll cover the basics of how the token works, how it can generate passive income, and unlock real yield. Keep reading to find out why you’ll want to hold onto your $NEXI tokens.
The Basics
$NEXI is our native token at the heart of the NexsureChain ecosystem.
You can earn $NEXI as a bonus for supplying assets, providing collateral, and receiving it as your share of platform revenue. Once launched, $NEXI will also be available for direct purchase or swapping.
$NEXI Use Cases
Let's briefly explore some of the $NEXI use cases:
Supply $NEXIto Earn Additional Bonus $NEXI: Supply assets to the NexsureChain platform and earn bonus $NEXI as a reward.
Stake $NEXI to Earn a Share of Platform Revenue: Stake your $NEXI tokens to earn a portion of the revenue generated by the platform.
Lock $NEXI to Maximize Bonus Revenue from Penalty Fees: Lock your $NEXI tokens to earn additional revenue from penalty fees charged to users who unstake early.
Vote on Proposals Related to the NexsureChain Ecosystem: Participate in the governance of the NexsureChain platform by voting on key proposals and decisions.
Purpose of the $NEXI Token
The main purposes of the $NEXI token are to create 'real yield' by rewarding users with actual revenue generated by the protocol and to incentivize asset supply on the NexsureChain platform. $tNEXI allows us to involve as many users as possible in the governance of the protocol.
$NEXI Functions
Currently, $NEXI has three main functions: staking, locking, and voting. These functions require you to supply your $NEXI and acquire $tNEXI.
$tNEXI: $tNEXI is simply $NEXI that has been supplied to the protocol. Users will receive an equal amount of tTokens for the underlying token supplied to the market, which is divided by the current exchange rate.
Staking (Earn Platform Fee Rewards)
Users can stake their tNEXI tokens they receive when supplying $NEXI to the markets to earn a share of all revenue generated from the NexsureChain protocol.
Locking (Earn Penalty Fees)
Another incentive for $NEXI is the ability to lock your tNEXI for a fixed term of 90 days. Doing this will make you eligible to earn the same platform fees as staking, plus any penalty fees in $BUSD taken from users unstaking their $NEXI early.
Voting
Once $NEXI holders supply their $NEXI, they can start voting on various DAO proposals to shape the future of the platform and protocol. Future votes could include decisions on expanding to new chains and other exciting possibilities.
Additional Functions of $NEXI
Beyond the core functionalities of staking, locking, and voting, the $NEXI token offers several additional features designed to enhance user experience and engagement within the NexsureChain ecosystem. Here are some of the key additional functions:
Yield Farming
Maximize Returns: Users can participate in yield farming by providing liquidity to various pools on the NexsureChain platform. In return, they earn additional $NEXI tokens, boosting their overall returns.
Diverse Opportunities: Our yield farming program offers diverse opportunities across different pools, allowing users to choose the best options that align with their risk tolerance and investment strategy.
Collateral for Loans
Leverage Your Assets: Users can use $NEXI as collateral to secure loans on the NexsureChain platform. This feature allows users to leverage their holdings without having to sell their $NEXI tokens.
Flexible Terms: Borrowers benefit from flexible loan terms and competitive interest rates, making it easier to access liquidity when needed.
Exclusive Access and Discounts
VIP Access: Holding $NEXI tokens grants users exclusive access to certain features and services within the NexsureChain ecosystem, such as premium support, early access to new features, and participation in special events.
Fee Discounts: $NEXI holders enjoy discounts on transaction fees, staking fees, and other platform-related costs, enhancing the overall value of holding the token.
Rewards Programs
Loyalty Rewards: Participate in our loyalty rewards program to earn additional $NEXI tokens based on your activity and engagement within the platform. The more you interact with NexsureChain, the more you earn.
Referral Bonuses: Invite friends and other users to join NexsureChain and earn $NEXI tokens as a referral bonus. This incentivizes community growth and user acquisition.
Cross-Chain Compatibility
Multi-Chain Support: $NEXI 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 users with more opportunities to maximize their returns.
Seamless Transfers: Enjoy seamless transfers of $NEXI tokens between different chains, enabling easy access to a wide range of DeFi services and applications.
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