Neutroswap - Next-gen DeFi
Neutroswap
Neutroswap is a next-generation DEX that maximizes yield through automated vault strategies, staked position NFTs (spNFTs), and continuous dividend rewards. It also features a Launchpad for new projects, a yield booster for higher returns, and a deflationary token model powered by governance-focused $xNEUTRO.
Key Features
Vault:
Vaults is a set of automated strategies to maximize the yield of the deposited assets. In Neutro vault, you can lock up your $NEUTRO and reap benefits based on your chosen lock-up period. The longer the period lock, the higher the reward
Staked Position NFT(spNFT):
Mint staked positions NFT (spNFTs) by wrapping Neutroswap LP tokens. Consider this NFT as a deposit receipt, confirming the ownership of the staked position.
Dividend:
A significant portion of the protocol's earnings is allocated to users who allocate $xNEUTRO to the Dividends plugin. The distribution of dividends occurs continuously, with rewards being distributed per second, and organized into weekly epochs
Yield booster:
The Yield Multiplier plugin allows users to allocate their $xNEUTRO to a staked position (spNFT), enabling them to earn additional yield. The yield boost multiplier, typically set to the default x2 value.
Launchpad:
Users can leverage the perks provided by projects launching on the Neutroswap Launchpad. These advantages encompass opportunities like whitelist spots, discounts, airdrops, and various bonuses.
Deflationary Mechanism:
We have incorporated deflationary measures to effectively decrease the overall token supply from Buyback and Burn, xNEUTRO Redeem, and xNEUTRO Deallocation
Utility and Governance Tokens
- NEUTRO: Transferable token that can be converted into xNEUTRO to get more perks in Neutroswap ecosystem.
- xNEUTRO: A governance token that cannot be transferred and is held in escrow, representing $NEUTRO tokens that have been staked. The primary purpose of $xNEUTRO is to allocate it to Plugins, which involves staking $xNEUTRO into the token contract and assigning the deposited amount to a plugin in return for a range of benefits.
Unlock the full potential of DeFi with Neutroswap‘s trading, yield farming, and launchpad solutions. For more details, visit docs.neutroswap.io.
