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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
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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.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: NexoStaking Yield
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