The cryptocurrency company offering loans and daily digital asset earnings will integrate ApeCoin into its platform. The firm promised a yearly ROI of between 7-12%, depending on the customers’ loyalty tier.
Nexo Integrates ApeCoin
The press release seen by CryptoPotato reads that Nexo wants to capitalize on Yuga Labs’ (the entity behind BAYC) future plans by introducing the recently-launched cryptocurrency to its yield platform.
Depending on the loyalty tiers, users will be able to get up to 12% ROI on the amount of APE they have deposited on Nexo. All rates are as follows:
Platinum: Maximum rate – 12%. Standard rate – 9%.
Gold: Maximum rate – 10%. Standard rate – 8%.
Silver: Maximum rate – 8.75%. Standard rate – 7.5%.
Base: Maximum rate – 8%. Standard rate – 7%.
ApeCoin is already available on Nexo, and users can buy, top-up, earn on, swap, and borrow against. Upon purchasing the asset, the firm promised to give up to 0.5% cashback on each transaction. It also s
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