We have updated the Nexo Wallet which will, from now on, be referred to as the Savings Wallet.
The standard Earn Interest rate is 8% for fiat and stablecoins and 4% for crypto assets.
In order to receive 10% and 5% interest on your savings respectively, at least 10% of the holdings in your Savings Wallet have to be in NEXO Tokens. If this condition is met, you will automatically receive an extra 25% on your assets compared to the standard rate.
Example:
Value of assets in your Saving Wallet: 10 000 USD
Value of NEXO Tokens required for you to get the highest interest: min of 1 000 USD
The exact amount of NEXO Tokens required for the bonus interest rates in any given moment will depend on the token price and will be displayed in the ‘Total Earned’ screen:
