You found the loophole... surprisingly, many that I talked to say that they haven't used the Borrow feature.
RE: A workaround potential BCH high Tx fees due to compounding micro-transactions
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A workaround potential BCH high Tx fees due to compounding micro-transactions
If you do the maths, the system IS circular. You borrow your own bonded money. lmao. But the real beauty is that you need to buy 10% of NEXO coins!! That's the whole aim ;-)
Yes, looks like a complex coin-pump mechanism.
Interesting.
It does have a safety-valve in that NEXO payouts are dividends, so can ... be used to further pump the coin before the smart-money leaves!