[Soon]
TVL
[Soon]
Total Debt
[Soon]
Total Users
[Soon]
Available Vaults
Two-layer & Three-token System
Two layer
NeXiT employs a two-layer architecture strategically designed to manage risks effectively. The lower layer facilitates the conversion of volatile assets into IOU tokens, which circulate internally and enable privacy. Meanwhile, the upper layer utilizes IOU tokens as exclusive collateral to mint and redeem the stable coin NDC, thereby enhancing risk compartmentalization.
Three-token System
NeXiT is a borrowing protocol with three tokens. IOU is an accounting token for debt, NXT is a utility token, and NDC is a stablecoin backed by assets brought in by borrowers.
Why Nexit?