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Nexo
$1.61 -8.30%
NEXO · 4w

Loan usdc against BTC to buy more BTC?

Would this work if I had a larger stack in my savings wallet to cover myself that was also earning interest in Nexo tokens, which can later be swapped to usdc to service the loan? If I was borrowing at 13.9% would I still get interest payments or would the large APR negate any interest payments I receive, regardless of them being ‘in kind’ or in Nexo tokens? Thanks in advance 🙏
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