Neutrino Index Token (XTN) is an algorithmic crypto-collateralized indexcoin on the Waves blockchain. More
| Fully Diluted Valuation | $3.22M |
|---|---|
| 24H Trading Volume | $1,786 |
| 24H Low / High | $0.03 / $ 0.03 |
| Circulating Supply | 100.16M |
| Total Supply | 100.16M |
| Max Supply | ∞ |
| Categories | Decentralized Finance (DeFi) 4 more |
|---|---|
| Founder | Alexander Ivanov |
| Website | neutrino.at |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Polygonscan 4 more |
| Contracts |
0x674....d27a0
2 more
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| Name | Pair | OG Score |
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Neutrino Index is a decentralized financial (DeFi) platform built on the Waves blockchain. It has rebranded its index token from USDN to XTN. The platform operates with two main tokens: XTN and NSBT.
Key Features of XTN
XTN is an algorithmic crypto-collateralized indexcoin. It is supported by three tokens from the Waves ecosystem: WAVES, WX, and VIRES. The primary purpose of XTN is to encourage users to participate in the Neutrino platform by rewarding those who provide liquidity.
Governance and Stability
The second token, NSBT (Neutrino System Base Token), serves governance purposes. NSBT holders can influence the future development of the Neutrino protocol and help maintain the stability of collateral reserves within Neutrino’s smart contract. When users lock WAVES tokens, new NSBT tokens are issued to add extra backing and prevent deficits. Additionally, holders can earn rewards by staking NSBT for WAVES to XTN swap fees.
Unique Aspects of Neutrino Index
Neutrino stands out by enabling the creation of an index that is backed by a diverse range of cryptocurrencies within the Waves ecosystem. The platform also features a decentralized exchange (DEX) called Neutrino Swap, which allows users to trade cryptocurrencies without relying on a central authority.
Who Founded Neutrino Index?
Neutrino was created by Alexander Ivanov, also known as Sasha Ivanov, who is the founder of the Waves Platform. This multi-purpose blockchain supports various applications, including decentralized applications (DApps) and smart contracts.
Security of Neutrino Index
The Neutrino platform is secured by the Waves blockchain, which uses a modified proof-of-stake algorithm called WavesNG. This technology is based on Bitcoin-NG, a scaling proposal developed by Emin Gün Sirer.
The Neutrino Index (XTN) is unique because it enables the creation of an index backed by multiple cryptocurrencies within the Waves ecosystem and features a decentralized exchange (DEX) called Neutrino Swap, allowing users to trade without a central authority.
Neutrino was founded by Alexander Ivanov, also known as Sasha Ivanov, who is also the creator of the Waves Platform, a versatile blockchain supporting decentralized applications and smart contracts.
Curve (Ethereum), WX Network
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