NEX Spot Indices aim

The Nex Labs smart contract is built to simplify the 'asset management experience', where we aim to be a one-stop-shop for anything related to holding, transferring, and managing assets.

We do this via:

• Full functionality on mobile devices

• Easy (crypto) currency conversion: from and to crypto to fiat on/off ramp.

• Facilitate cross-chain transfers and token swaps; amongst others through Lifi Widget integration (see integrations section).

• Create an account using your own social media or email. Through our integration with Thirdweb, we abstract away technicalities related to creating crypto wallets, managing private keys, and other complex user experiences without reducing the level of security.

• One-click trading: You no longer need to click various confirmation buttons, set gas fees, or worry about slippage. You can set your preferences, and they will be applied.

• Narrative trading: Nexlabs provides baskets of assets centered around topics or industries, where you can instantly gain a well-balanced exposure.

• Provide yield on your assets: Invest in staked asset versions to maximize the expected return on your assets and put your money to work in a low-risk/medium-reward setup.

• Additional supportive trading services: Currently, we offer Dollar Cost Averaging (DCA), trend research (Nexlabs has a TheGraph endpoint), and limit order, and we aim to add grid trading as a service as well.

In the section, "DeFi Model", we explain how users can mint (create) an index token by depositing stablecoins (dollar equivalents).