NPT-NeroDetailed Description

NPT-Nero Detailed Description

Nero is an elegant superstructure for borrowing any asset against an on-chain source of truth for an asset or collection of assets. Nero is autonomous and cutting-edge on the three pillars of dynamism, stability and economy.
The Nero protocol uses nonlinear adaptive control theory to automatically output the best borrowing rate. In addition, all risk parameters - base rate, closing factor, LTV threshold, liquidation penalty, etc. - are dynamically calculated based on the composition of your mortgage debt position.