️Important news️. Dear Neutrino community,.
27 May 2022, 14:13
❗️Important news❗️
Dear Neutrino community,
Right now everyone is concerned about the current market situation and we do our best to stabilize USDN BR.
In this regard, we are changing the distribution of USDN staking rewards. These are temporary measures aimed at improving the stability of the system. We hope for your understanding.
Staring from today, USDN staking rewards will be distributed as follows:
* 50% will be transferred to Neutrino resereves.
* 45% will be transferred to AMM pools stablization contract "3PC7DBimauyKytx8tXhKo5u2ECb6FsndYKH". The allocated amounts will be transferred to ETH account ("0x3DD7889352FBbbbc382226830dB78337c9440F5b") to buy CRV token, that will be locked to vote for USDN 3-pool on Curve.fi.
* 5% will be transferred to USDN stakers.
In the upcoming releases we will introduce DAO that will make it possible for the community to decide how to distribute the rewards, and how to manage stabilization funds.