Probably geofenced, it works for me (Germany) and shows the offer
> Earn 16% on Crypto
> Make your idle digital assets work for you with Nexo. Start earning up to 16% APR, paid out daily.
"Up to". Aren't all of those high yielding services strictly in some crazy token that is bound to constantly deprecate?
They are. The highest 16% is offered for the Polkadot shitcoin. Without even touching Nexo, you can get 12% just by regular Polkadot staking. To get the 16% that Nexo offers, you need to have 10% of your portfolio in Nexo's own shitcoin and thus you're moved to the "Platinum" level, which is eligible for higher yields. Of course, as you say, Nexo's shitcoin is bound to depreciate.