Market Maker Bonus — 1% additional interest on Nuo
2019 was a very exciting year for us, we achieved some great feat from raising funds to introducing several new product features. We are right now one of the top #DeFi lending platforms providing with the best interest rate in this space and the only reason we are here is because of the love and support showed by you guys at each and every interval of our journey.
On the mark of this new decade, we are re-introducing a new Market Maker Bonus on Nuo:
Earn 1% additional bonus interest on your reserve for value $5000 and above
Nuo Network enables users to earn interest on their crypto assets. If you own ETH, WBTC or select ERC20 tokens, you can deposit these tokens in our reserves by creating a reserve order and earn daily interest. Interest on your reserve order is distributed proportionally based on the value of tokens you deposit in the reserves.
Nuo Market Makers
Market Markers have an opportunity to earn an additional bonus on your reserves apart from the interest you would earn on the platform.
1% Bonus for notional reserve volume above $5000
To be eligible for this 1% market maker bonus you need to have at least 1 reserve order and a notional reserve value of minimum $5000
Please Note: Monthly Notional reserve volume is calculated based on the amount and duration of the reserve.
Example: If you create reserve orders for $10,000 for a period of 30 days — you would earn an additional bonus of 1% on your interest in being a market maker. In this case your earnings will be $10,000 * 1% = $100
Terms & Conditions
This additional bonus would be credited to your trading account directly on the 1st week of every month. The maximum bonus you can earn per account is $200 and the total bonus we would distribute across all users won’t exceed $3000. If the bonus exceeds $3000, your bonus will also be reduced proportionally.
