Nexus

The platform to get the rental of your dreams through rental auctions, reduce costs in contract preparation and storage, as well as being able to rent with collateral in crypto that generates returns.

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  • 🤑 DeFi
  • 🌐 General

Description

Commission Structure and Campaign Value for NX Platform

Commission Categories:

1. Swap

2. NX Sale

3. Auction/Bidding

4. P2P Transactions


Campaign to Rental Auction Value:

- 1 NX: Fee for creating each auction campaign (paid by the owner).


Workflow:

1. Connect Wallet: Users connect their cryptocurrency wallets to the platform.

2. Buy NX: Users purchase NX tokens.

3. Auction/Lease: Users can place bids or lease items.

4. P2P Transactions:

   - Transactions require approval and incur a commission.

   - The platform acts as the custodian of the tokens until the transaction is either confirmed or canceled.

   - If parties do not comply with P2P rules, they will be penalized with a lower ranking.

   - Upon successful P2P transactions, NX tokens are transferred to the owner. Owners can then swap NX tokens for any cryptocurrency available on the platform.

5. Optional Staking:

   - In successful transactions, owners can choose to stake NX tokens.

   - Upon approval by the owner, the equivalent amount in USDT is staked, possibly through platforms like Uniswap, AAVE generating a yield (e.g., 3%).

   - Yield Distribution: Owner receives 2%, Nexus receives for services 1%.

   - Owners receive notifications about staking lock-in periods.


Monthly Payments:

- After the first month, tenants can pay rent in any cryptocurrency.


Deposit Return Option:

- Owners can choose to return or withhold the deposit.

  - If the deposit is not returned to the tenant, it is not retained by the platform.

  - If the deposit is returned, the platform retains the deposit.


This structure ensures a flexible and user-friendly approach to managing transactions and commissions within the NX platform. It provides opportunities for users to participate in various financial activities while ensuring security and compliance through custodial services and penalty systems.

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