- Nexo is providing up to 17% yield on Polkadot DOT.
- The promotion is an immediate high-yield different to liquidity staking.
The platform for lending cryptocurrencies — Nexo is providing up to 17% yield on Polkadot DOT, an open-source sharding multichain protocol.
On October 22, Nexo announced that with upcoming Polkadot parachains, it determined to supply customers up to 17% curiosity on Polkadot this month. According to the weblog publish, customers who think about shopping for DOT now stands out as the good second to get some because the promotion is an immediate high-yield different to liquidity staking that offers up to 17% curiosity on DOT, paid out day by day.
To clarify how customers may gain advantage from this, the corporate stated that each one customers have to do is simply maintain Polkadot in their Nexo account. Also, customers may swap it for different cryptos on Nexo trade with out having to depart their Nexo account. Moreover, the promo is legitimate until November 30, 2021.
What’s extra thrilling, the Nexo crew additionally added that customers can enhance their earnings by holding NEXO Tokens and selecting to get their rewards in NEXO.
In addition, the agency additionally gave out particulars for customers who need to make sure that their earnings are optimized. There are 4 totally different plans. This contains firstly, a Platinum plan with a mаximum fee of 17% and an ordinary fee of 14%. Secondly, a Gold plan with a mаximum fee of 16% and an ordinary fee of 13%. Thirdly, a Silver plan with a mаximum fee of 15.25% and an ordinary fee of 12.25%. Lastly, a Base plan with a mаximum fee of 15% and an ordinary fee of 12%.