The Nesoex Participation Pool is the place where liquidity for margin (commitment) trades on the platform is provided. Users who hold cryptocurrencies and do not personally plan on short- or mid-term trades can join the pool as asset trustees under specific rules. Their cryptocurrencies are made available to those interested in margin trading, and ultimately, the trustees share in the resulting profits.
The participation pool is a place to provide liquidity for margin trades on the Nesoex platform. Users can place their assets in the pool, preserve their principal, and share in the profits of these margin trades.
It’s suitable for holders who do not wish to trade their assets and are looking for passive income.
A trustee is a user who provides their cryptocurrency balance through the pool for other users to utilize in margin trades.
A beneficiary is a user who places a certain amount of collateral in their margin wallet and borrows cryptocurrency from the participation pool, thus acting as the borrower.
No. Participation in the pool is completely free for all users.
If a margin position opens and closes on the same day, all of its profit goes to the beneficiary. However, if the position remains open on subsequent days and is profitable, 3% of the profit goes to the pool.
No, you only earn profits if your assets are used in profitable margin trades. Overall, pool profits depend directly on the margin trades’ profitability and how long the positions remain open. Naturally, if your assets aren’t used or if the trades aren’t profitable, you won’t earn anything.
Yes. You can cancel your participation in the pool at any time of day. Profits are calculated daily and credited to your account at the end of the month.
No. If a margin position closes with a loss, that loss is covered by the collateral posted by the beneficiary.
Yes. If you want to join a specific pool that’s full, its capacity can be increased based on platform needs.
Profits are calculated daily and distributed based on the amount of assets placed in the pool.
No. Your principal is preserved, and in case of a loss, it’s covered by the beneficiary’s collateral.
No, the stated profits are approximate and may change based on market conditions and beneficiary performance.
It’s the approximate amount of profit a user might receive if they participate in the chosen cryptocurrency pool for one full year.
Yes. If there’s available capacity in the pool, you can increase your participation. If the pool is full, you can enable a notification so you’ll be alerted when capacity becomes available.
