What happens if the interest you’ve earned with Nexo covers your principal loan?

Everything with Nexo is dynamic. There is no loan maturity in the traditional sense, we have to have maturity dates in the terms and conditions because of various compliance requirements, but the loans get extended automatically upon maturity unless you pay them off. If you never fall below the required LTV for your particular asset class, you don’t need to take any action, you will simply continue accruing interest on your credit until you decide to repay it.

Source: Antoni Talks Nexo with Scott Melker, The Wolf of All Streets
August 21, 2022
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