DescriptionNXUSD is an over-collateralized USD-pegged stablecoin minted by Nereus Finance

Category:crypto-backed

Minting and RedemptionCollateral 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.