$NEXI FAQs
What is $NEXI?
$NEXI 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.
How can I earn $NEXI?
You can earn $NEXI by supplying assets, providing collateral, and participating in yield farming on the NexsureChain platform. Additionally, $NEXI will be available for purchase or swapping once launched.
What are the main uses of $NEXI?
$NEXI 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.
What is $tNEXI?
$tNEXI is $NEXI 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.
How does staking $NEXI work?
Users can stake their tNEXI tokens to earn a share of all revenue generated from the NexsureChain protocol. This provides a steady stream of passive income from platform fees.
What are the benefits of locking $NEXI?
Locking $NEXI 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.
How does voting with $NEXI work?
$NEXI 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.
What is yield farming with $NEXI?
Yield farming involves providing liquidity to various pools on the NexsureChain platform. In return, users earn additional $NEXI tokens, boosting their overall returns.
Can I use $NEXI as collateral for loans?
Yes, $NEXI can be used as collateral to secure loans on the NexsureChain platform. This allows users to leverage their holdings without selling their $NEXI tokens, providing flexible liquidity options.
Are there any exclusive benefits for $NEXI holders?
Yes, $NEXI holders enjoy VIP access to premium features, early access to new functionalities, participation in special events, and discounts on transaction and staking fees.
How does cross-chain compatibility benefit $NEXI holders?
$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 more opportunities for maximizing returns.
What rewards programs are available for $NEXI holders?
NexsureChain offers loyalty rewards for active users and referral bonuses for inviting new users to the platform. These programs incentivize engagement and community growth.
Is $NEXI secure?
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.
How can I get started with $NEXI?
To get started with $NEXI, you can join the NexsureChain platform, supply assets, and start earning $NEXI through staking, locking, and yield farming. Stay tuned for updates on the token launch and additional opportunities to acquire $NEXI.
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