Nexo’s Board of Directors is pleased to announce the next Nexo Dividend distribution for August 15, 2019, subject to standard eligibility requirements for NEXO Token Holders.
On August 1, 2019, Nexo will announce the amount of the Nexo Dividend which will reflect the increased profitability of the Nexo enterprise.
The ex-dividend date is August 5, 2019.
As stated in an interview for CNBC by Nexo’s managing partner Antoni Trenchev, Nexo is seeing unprecedented demand for its signature Instant Crypto Credit Lines which attests for sustained, long-term profitability and ever-growing dividends for the NEXO Token Holders.
Please make sure to check out all the details to ensure that you have taken all measures to benefit from Nexo’s sharing 30% of its profits with the NEXO Token Holders. Giving back to the blockchain community is of the utmost importance to Nexo as this is what decentralized finance (DeFi) is ultimately all about.
Nexo would like to remind you of its innovative dividend-distribution methodology that rewards long-term investor confidence in Nexo and also decreases market volatility around ex-dividend dates. This approach results in the dividend profit-sharing to be split into two parts:
Base Dividend — paid out to all eligible token holders proportionally to their NEXO Token holdings;
Loyalty Dividend — paid out individually for each NEXO Token based on how long it has been in your Nexo account from one ex-dividend date to the next. The share of the Loyalty Dividend will be no less than 1/3 of the total dividend amount to be distributed in any given period.
The entire Team Nexo is looking forward to many profit-sharing events that redistribute ever-growing amounts back to the community, enhanced by new features like the upcoming Nexo Card, the acquiring of commercial banking capabilities and further asset options for Nexo’s unrivaled 8% high-yield ‘Earn Interest’ product.