NEXO (Nexo) is a cryptocurrency token that operates on the Ethereum blockchain. It's a decentralized finance (DeFi) platform that offers lending, borrowing, and yield farming services.$NEXO
Key details about NEXO include:
- Symbol: NEXO
- Blockchain: Ethereum
- Consensus Algorithm: Proof of Stake (PoS)
- Total Supply: 1 billion NEXO tokens
- Circulating Supply: Approximately 500 million NEXO tokens
- Use Cases:
- Governance
- Staking
- Rewards
- Lending
- Borrowing
- Yield farming
- Unique Features:
- Decentralized lending protocol
- High-yield farming
- Low-fee transactions
- Scalable
Current Price (approximate):
- Price: $0.90
- Market Cap