Nexo Welcomes $RUNE with 18% Promo APR

Kadesh

Nexo the leading regulated institution for digital assets and pioneer of the 1st Instant Crypto Credit Lines, recently listed native $RUNE with an 18% APR promo rate available until July 3rd.

$RUNE lands on Nexo with a bang – an exclusive 18% APR for a limited time only. ⚡️

You know the rest – borrowing at 0% rates, instant swapping, buying with a card for #crypto rewards, and getting cash for your day-to-day with your #RUNE-backed #NexoCard.https://t.co/FwZFE2zZjU
— Nexo (@Nexo) June 3, 2022

With this listing, users can also:

Buy: Buy RUNE with a card in seconds and get up to 0.5% in crypto rewards per transaction.
Spend: Use your RUNE as collateral and spend its value with the Nexo Card.
Exchange: Swap RUNE on the Nexo Exchange, available in six pairs.
Borrow: Borrow against your RUNE at rates as low as 0% APR.
Boost: Leverage your current portfolio and buy up to 3x more RUNE.

RUNE is the second highest-yielding asset on Nexo platform, only bested by AXS! As with all assets on Nexo, interest is paid out daily. The rates on each Loyalty Tier are as follows:

Platinum: 15%; on Fixed Term & Earn in NEXO: 18%
Gold: 14%; on Fixed Term & Earn in NEXO: 16%
Silver: 13%; on Fixed Term & Earn in NEXO: 14.25%
Base: 12%; on Fixed Term & Earn in NEXO: 13%

Users can get the maximum rate of 18% APR simply by being on a Platinum tier, moving their RUNE to a 1-month Fixed Term and opting to earn interest in NEXO Tokens. The promo rates will be available until July 3, 2022.

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