Neptune Protocol(now Nova Protocol)
Inactive
Eclipse's Native Stablecoin. Borrow with your SOL, TIA, and ETH.
Neptune Protocol allows users to mint USDN, a stablecoin soft-pegged to the US dollar. USDN is minted on flexible terms and gives users instant access to the Eclipse ecosystem.
Neptune allows users to take out 0% interest loans for a one-time fee by depositing collateral for USDN. Users are incentivized to keep their collateral-to-debt ratio above 110% to avoid liquidation. When an undercollateralized vault is liquidated, users who have deposited USDN in a stability pool are returned discounted collateral as a reward. USDN is always redeemable for its underlying value, but a fee ensures the protocol is impacted infrequently. Neptune protocol is based on Hedge.
Backers
20+
Hydrogen Labs
Building Web3 Infrastructure for the Open Internet.
Veil
Veildev.eth.
Revelo Intel
Our analysts do the work so you don't have to.
Wise3 Ventures
Blockchain focused investing Venture Capital.
Zephyrus Capital
Venture Capital incorporated to help and boost the growth of Blockchain Startups.
Optic Capital
Web3 Venture Fund.
