Cryptobank is an interesting thing, but, interesting, when the crypto market is growing. Currently, the market is dominated by negative sentiment. The founder of cryptology, bitcoin - falls and the market too? For borrowers, I think it's profitable, but for investors?
very profitable for investors, It is a security token AND utility token. Nexo token is the FIRST security backed by the SEC. 30% of all profits made from loan interests will be paid to NEXO token holders, the 70% left will be re-invested for loan requests.
The first utility feature is that if you use NEXO tokens as collateral, you will have 50% discount on the interest rate. And the second utility feature is that if you repay your loan with NEXO tokens you will have 50% discount too.
