A little time back, NEXO platform didn't use NEXO tokens as collateral... Does it accept it now for loans?
They do now. Its just they dont trust their own token very much and offer <15% LTV , it was 30% but then they silently reduced it to 15% and less, in this way effectivelly trapping everyone who took loans backed by nexo token.
They dont communicate much with investors and community anyway - nobody knows, even admins dont know what is happening inside the company. Seems the credit card is again delayed!
Thanks for the information! They need to have some good admins at Telegram at least, who are aware of the delays and stuff.