NLT Discounts

NLT Discount in the Store

The Nilo token can be used in the store for discounts on the Nilo physical products. The NLT token has a higher exchange rate in the store than in the market. This model incentivizes the user to spend NLT in the store rather than sell it in the market.

• The NLT store rate can be adjusted per market conditions. The store rate can be applied dynamically per product, promotions and offers.

• At checkout, users’ applied NLT will be transferred to the internal Nilo Store account and a “discount code” for the USD value redeem will be applied to their order.

• The NLT token can be used to save on subscription refills of oral care supplies. At the time of launch, only toothbrush heads will be available for subscription and more accessories will be added in the future.

Calculating NLT Store Rate

Under Development - Prices are based on a 7-14 -day TWAP USD-equivalent.