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Nexo provides crypto lending and earn product which allows users to earn Annual Percentage Yield (APY) by lending their crypto assets to the crypto lending platform. Nexo is a pioneer in allowing users to borrow against their NFTs, making it the most asset-rich platform available. Users may borrow for as low as 0% if they become Gold or Platinum members and maintain their loan-to-value ratio under 20%. Nexo has also signed a term sheet with Vauld for potential acquisition.