8️⃣ FAQs & Troubleshooting
▶︎ FAQs.
What is NEXADE?
NEXADE is a platform designed to integrate Real World Assets (RWA) with decentralized finance (DeFi). It is the first fully integrated platform focused on global trade finance within the blockchain space. NEXADE eliminates traditional intermediaries in the asset management process, streamlines investments, and enhances security and transparency through blockchain technology.
What is a $NEXD token?
The $NEXD token is the governance and utility token used within the NEXADE platform. It plays a crucial role in the ecosystem, facilitating platform interactions, such as paying for transaction fees, and providing governance rights to token holders, allowing them to vote on important platform decisions. The token also offers yield-generating opportunities by enabling token staking in various platform activities.
What benefits does $NEXD offer?
The $NEXD token offers multiple benefits:
Governance: Token holders can participate in decision-making processes affecting the platform’s development and operation.
Utility: Tokens can be used to pay for services on the platform, like transaction fees.
Staking Rewards: Investors can earn rewards by staking their tokens in various platform activities, enhancing their investment returns.
Insurance Fund Contributions: Token holders can contribute to the platform’s insurance fund, earning rewards for enhancing the platform’s security and stability.
Ecosystem Incentives: Participants can earn tokens through ecosystem growth activities such as referrals and content creation.
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