Nexo Cuts AXS Flexible Savings Rates Following Protocol Changes

• Nexo will reduce AXS Flexible Savings interest rates starting August 16, 2025, following protocol-level changes from Axie Infinity.
• The rate adjustment affects all current AXS holdings that meet interest earning requirements on the platform.
• Fixed-term Savings bonus and Earn in NEXO bonus remain unchanged across all Loyalty Tiers.
• Interest accrued before August 16 will continue under current terms, with new rates applying to subsequent earnings.
• The first payout under new rates will occur on August 17, 2025, after the day’s interest distribution on August 16.

Nexo announced that AXS (Axie Infinity Shards) Flexible Savings interest rates will be reduced starting August 16, 2025, following protocol-level modifications from Axie Infinity. The cryptocurrency lending platform confirmed that all current AXS holders who meet earning requirements will experience changes to their interest calculations.

Rate Structure Modifications

The updated interest rate structure will impact AXS tokens held in Flexible Savings accounts across Nexo’s platform. According to the company’s statement, both the Fixed-term Savings bonus and the Earn in NEXO bonus will remain unchanged across all Loyalty Tiers, maintaining existing incentive structures for long-term deposits and native token holdings.

AXS deposits placed in Fixed-term Savings before the August 16 deadline will transition to the new rates once the update becomes active. Nexo confirmed that “Interest accrued before the change will remain calculated based on the current terms,” protecting previously earned interest from the rate adjustment.

Implementation Schedule

The rate reduction will be implemented on August 16, 2025, following the completion of that day’s interest distribution. This timing ensures that the first payout reflecting the new rates will occur on August 17, 2025, providing users with one final distribution under the current rate structure.

Protocol Tokenomics Alignment

Nexo attributed the rate adjustment to broader changes within the AXS protocol tokenomics framework. The platform explained that “The AXS protocol is reducing its token inflation rate, in line with its original roadmap and governance whitepaper.”

The company stated it is “adjusting Earn rates to reflect these underlying tokenomics updates,” indicating that the rate reduction directly correlates with reduced token inflation within the Axie Infinity ecosystem.

Customer Impact

Users currently holding AXS tokens in their Nexo accounts and meeting the platform’s earning requirements will see their interest calculations adjusted according to the new rate structure. The change specifically targets Flexible Savings products while preserving existing bonus structures for other savings options.

The announcement reflects Nexo’s ongoing policy of aligning earning rates with the underlying tokenomics of supported digital assets, ensuring that interest rates remain sustainable as protocol-level changes occur across various cryptocurrency networks.

Previous Articles:

• DEA Seizes $10M in Sinaloa Cartel Crypto During Florida Drug Raids
• Hong Kong Unveils LEAP Framework, Sets Global Crypto Rulebook
• BNB Chain Plans 5,000 DEX Swaps/Sec in Major 2025-2026 Upgrade
• Google Chrome Patches Zero-Day GPU Bug Exploited in the Wild
• Citigroup Set to Launch Citi Stablecoin, Eyes Crypto Custody Next