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Home CRYPTO

Nexo Unveils New Promotion to Offer a 13% Yield for Staked ATOM

BlockNews Team by BlockNews Team
September 5, 2023
in CRYPTO, FINANCE, MEDIA
Reading Time: 1 min read
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Nexo has unveiled an exclusive promotion from September 4-18 to optimize investor returns by offering a 13% yield for staked ATOM for a 2-month Fixed Term. To participate, users must hold ATOM tokens within their Nexo account.

To be eligible for the yield, users must meet specific criteria, including having at least 10% of their portfolio constituted of NEXO Tokens and designating NEXO Tokens as the preferred interest currency.

Following the conclusion of the Fixed Term period, the accumulated interest will undergo an automatic and seamless transfer to the user’s Savings Wallet. For those intent on sustaining their earnings at rates surpassing the 13% yield, transferring assets to a standard 1-month Fixed Term and activating the Automatic Renewal feature is recommended.

Tags: NexoStaking Yield
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