Just thought I'd share an example to illustrate how bad a deal you get on the nexo exchange. I deposited 1000 euro onto the platform to change into usdc to get the 12% flexible term. They were going to give me 1195.06 USDC. I had a look to see what 1195.06 USDC would give me in euro if I converted back and the exchange quoted me 961.102 euro. That's a 3.9% premium for going in and out which nullifies your first 4 months of interest. Have a look at gas/fees on transfers from alternative exchanges and weight it up cause spreads are some of the highest out there.