NXUSD (NXUSD)

NXUSD (ticker: NXUSD) is a cryptocurrency associated with the Nereus lending protocol on the Avalanche network. It allows users to supply, borrow, and earn within a non-custodial lending and borrowing framework. The Nereus protocol aims to provide a leading revenue share scheme, allowing users to unlock the earning potential of the WXT token and earn income through protocol growth.

As part of the Nereus ecosystem, NXUSD leverages the utility of the WXT token, which powers the X-tras rewards program used by over 4.5 million customers worldwide. With WXT, users can access Cryptoback’s Rewards, enjoy saving bonuses, and participate in Wirex’s innovative savings scheme, X-Accounts. Being multi-chain by design, WXT is already available on the Ethereum and Avalanche networks, with plans to expand to more blockchains in the future. Transferring WXT between chains is made easy through the official WXT bridge.

Focusing on fair sharing, Nereus distributes 50% of protocol fees as revenue share. This platform boosts users’ income by participating in the growing DeFi ecosystem. Active users of the Nereus protocol can earn WXT rewards through lending and borrowing activities. To acquire and interact with WXT on the Avalanche network, users can purchase it through Trader Joe’s, bridge it from Ethereum, or use a debit/credit card via partner platforms. NXUSD, as a metaverse-ready token, offers a new level of utility and flexibility, enabling users to earn interest, share revenue, and make payments globally.