Nexo
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NEXO · 3w

Rerouting daily interest to automatically pay off loans

Is there, or could there be, a function whereby you can channel daily interest to offset outstanding loans? This could allow loan repayments without the user having to take chunks out of their existing assets. Or am I missing something? How could it benefit Nexo? It could be a source of continuous revenue, which may prove favorable over loans being paid back sporadically and in chunks. Not sure if this kind of predictability would be favored by Nexo, but I can understand the argument for why it would be.
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