Nexo unleashes $12M token airdrop

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To celebrate its 6th birthday, Nexo has unveiled its biggest-ever airdrop – The Hunt for $12M in NEXO*. Participants get points on the Nexo platform through top-ups, earning interest, crypto-backed credit, and trading spot and futures**. The airdrop campaign launches today, May 8, 2024, and ends on July 6, 2024.

• $12M in NEXO Tokens* will be available for claim by participants on the Nexo platform after the campaign. The points each participant earns determine the share they are eligible to receive from the overall pool.
• Multipliers: Participants benefit from various point multipliers to enhance the amount of accumulated points, with general multipliers for all users, a special 5x boost for new clients, and extra multipliers for each Nexo Loyalty tier.
• There is no cap on points, providing motivation for participants through the end of the airdrop event.
• The Rewards Hub in the Nexo App lets users easily track their progress, points, and rewards.

Nexo builds on the DeFi points model with a fair and transparent approach, extending it to mainstream market participants beyond decentralized finance.

The Hunt for $12M in NEXO leverages the well-established NEXO Token to ensure clear reward values. This approach distinguishes it from other airdrops, offering a sustainable alternative in the often unpredictable landscape of new tokens, thereby enhancing participant confidence. For the duration of The Hunt, Nexo further introduces a new layer of loyalty rewards, enhancing user engagement and increasing the usage of the NEXO Token within its ecosystem.

Nexo’s airdrop is part of the years-long Nexonomics initiative, aiming to drive demand and foster a cycle of growth and action, bolstering the NEXO Token’s tokenomics, utility, and community satisfaction.

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About Nexo
Nexo is the world’s leading digital assets institution. The company’s mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, aggregation of liquidity from leading venues, and flexible asset-backed credit lines. In 2022, the enterprise launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Nexo has processed $130+ billion for 7,000,000+ satisfied users across more than 200 jurisdictions. For more details, visit: nexo.com

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Media Contact
The Nexo PR Team
[email protected]

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*The equivalent USD value of the campaign pool of 10,000,000 NEXO Tokens is indicative, based on the market price as of 07/05/2024.

** Product limitations in certain jurisdictions may apply.

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