London — Nexo, a leading digital assets institution, has distributed its fourth and final dividend of **$20,428,359.89** to eligible NEXO token holders. This payout represents **30% of the company’s net profits** from June 30, 2020, to May 30, 2021, marking a **233% increase** compared to the previous dividend of $6.1 million issued in August 2020.
Key Highlights:
- Total Dividends Shared: Nexo has distributed nearly $30 million across four dividend payouts over three years.
- Transition to Daily Interest: Following a community governance vote, NEXO token holders now earn up to 12% APY through daily interest payments instead of dividends.
- Final Dividend: The June 2021 payout concludes Nexo’s dividend program, shifting focus to more flexible, regular收益 models.
Governance and Innovation
The dividend distribution was enabled by Nexo’s first governance vote, allowing token holders to influence platform decisions. The community overwhelmingly favored daily interest payouts over dividends, prompting Nexo to implement the new system on June 8, 2021.
👉 Learn how Nexo’s daily interest works
Nexonomics Upgrades
This milestone accompanies broader enhancements to the NEXO token economy, including:
- Increased utility in the digital ecosystem.
- Higher yield predictability with daily interest.
- Strengthened token value through strategic upgrades.
Antoni Trenchev, Nexo’s Co-Founder, remarked:
"While we bid farewell to dividends, we embrace innovative wealth-sharing models like daily interest—aligning with our mission to redefine finance."
About Nexo
Nexo is a regulated digital assets platform offering:
- Instant Crypto Credit Lines™.
- High-yield Earn on Crypto & Fiat products.
- Military-grade security and insured custodial services.
Serving 1.5+ million users across 200+ jurisdictions, Nexo combines compliance with cutting-edge crypto solutions.
FAQs
Q: Why did Nexo switch from dividends to daily interest?
A: Community governance voted for daily payouts, prioritizing regular income and flexibility over periodic dividends.
Q: How much can I earn with NEXO token interest?
A: Holders earn up to 12% APY, paid daily based on token holdings and loyalty tier.
Q: Is Nexo’s interest program secure?
A: Yes, Nexo uses institutional-grade custody and insurance for all assets.
👉 Explore Nexo’s yield products
Note: All dividend figures are final. Future收益 will accrue via daily interest.
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