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NXUSDNXUSD

Rank #822
$0.9773▲0.01% in 24 hours

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About NXUSD

Nereus is a decentralised, non-custodial liquidity market protocol in which users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an over-collateralised (perpetually) or undercollateralised (one-block liquidity) fashion. Nereus is optimised to provide dynamic and fixed interest rates with lower collateral requirements, with a focus on use cases beyond trading and price speculation. NXUSD is algo stablecoin issued by Nereus Finance.

Categories: Stablecoins, Avalanche Ecosystem, Crypto-backed Stablecoin.

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