How are the payments guaranteed?
Nexen is a Decentralized Financial System. It is built on top of Ethereum. Nexen enables P2P cryptocurrency transactions, which guarantees transparent and trustless exchanges all over the world. At the same time, Nexen uses overcollateralization, which ensures full repayment of the loans on time. Thanks to this you can start Earning Interests, or Get a Loan 100% safely.Get Started
Trustless crypto lending
Nexen has the best rate in the market
Lenders rate: 8 %
Lenders rate: 5.57 %
Lenders rate: 7.77 %
Built on Ethereum
Frequently Asked Questions
Nexen is a decentralized platform that connects P2P lenders and borrowers of cryptocurrency. Everything runs in our Ethereum smart contract so you are always in control of your operations.
NXN is a governance token. It is currently being distributed to liquidity providers. In the future, token holders will be able to participate in all decisions, such as which other cryptoassets to support, integrations or interest rates.
At the moment you can borrow or lend Tether (USDT) and DAI.
After someone matches your lending request, you can earn between 4% and 8% of interest (depending on the LTV that they have chosen). You will pay 1% of it as a platform fee.
We protect your loan through overcollateralization. In the case of a sudden market crash or a borrower not finishing the loan on time, we will sell the collateral in the market in order to repay the loan. The remaining tokens will be available for the borrower to withdraw.
There are no minimum capital requirements to partake in any of these opportunities. With that being said, meaningful returns are largely earned with capital contributions starting from ~$1000 in value. .
All of these opportunities are using highly reputable DeFi products. All smart contracts have been audited which largely mitigates risk. However, with any DeFi product, there is always a very small chance of loss meaning no user should add more capital than they would be willing to use.
Absolutely not. We have chosen to cover a suite of tutorials which we find easy enough to grasp for non-technical users. This list will be updated over time to include more income opportunities.