The Neutrino Protocol is an algorithmic price-stable assetization protocol that creates stablecoins tied to real-world assets or cryptocurrencies. The Neutrino protocol is represented by a set of interactive smart contracts written in the programming language Ride and deployed to the Waves blockchain. Currently, most operations of the Neutrino protocol can be done through the Waves.Exchange interface.
NSBT (Neutrino System Base Token) is the derivative token that is designed to ensure the stability of the reserves of the Neutrino smart contract through the mechanism of reserve recapitalization.
You can stake NSBT to receive daily rewards. NSBT stakers get gNSBT that is used for voting. NSBT stakers can quickly swap WAVES↔USDN. The limit on the swap amount depends on the user's gNSBT amount.
