️The Neutrino team is glad to share the Neutrino 2. 0 Litepaper. Long story short:. Multi-Collateral.
30 Jan 2023, 18:15
⚡️The Neutrino team is glad to share the Neutrino 2.0 Litepaper!
Long story short:
🟠 Multi-Collateral
USDN will be transformed into XTN token collateralized by a set of multiple Waves Ecosystem tokens selected by gNSBT holders.
🟢 The Peg
XTN is not pegged to a $.
The price is determined by the $ value of its reserves.
🟡 New Issuance Incentives
Get XTN with discount by replenishing the reserves with a most deficient collateral token! The discount is calculated based on 3 factors controlled by governance.
🔵 NSBT/SURF
All NSBT/SURF mechanics remain as they are now.
SURF will be converted to XTN when the price reaches $1.15.
Once all issued SURF is converted to XTN, the price growth past $1.15 will become possible.