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What is the utility of the NEXO Token?

The NEXO Token also has great utility features:

- Repayments using NEXO Tokens give you a ±67% discount on the interest that has been charged.

- The same ±67% discount applies for using NEXO Tokens as collateral.

- The discounts cannot be combined, but the discount for using NEXO Tokens for repayments will always apply on the portion of your loan that is not using NEXO Tokens as collateral.

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