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Neutrino is a price-stable algorithmic asset protocol that serves as an accessible DeFi toolkit. It can create stablecoins pegged to specific real-world assets, such as national currencies or commodities.
Neutrino Token NSBT (stands for Neutrino System Base Token) is the funding and governance token of the Neutrino System. As a capital injection token, NSBT ensures the stability of the collateral reserve of the Neutrino smart contract.
A new NSBT was issued to lock WAVES to the contract as additional support and to secure the system from deficits.
As a governance token, NSBT can vote to issue new Neutrino assets and update protocol functions and parameters.
NSBT is also a rare asset that enables holders to exchange WAVES for USDN on a swap fee basis.