Stablecoin Information
NXUSD is an over-collateralized USD-pegged stablecoin minted by Nereus Finance
Category:crypto-backed
Minting and Redemption
Collateral tokens are deposited on Nereus Finance.A debt allocation is assigned to the borrower with ZERO INTEREST, plus an origination fee of 0.5% is charged.NXUSD tokens are deposited into the borrower's wallet.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | <0.0001% | <0.0001% | +0.60% | 7.02m | ||
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 727,988.54 |