Neutrino System Base Token NSBT

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代币简介

Neutrino System Base Token (NSBT) is a governance and staking token within the Neutrino Protocol, an algorithmic stablecoin framework built on the Waves blockchain. The Neutrino Protocol allows for the creation of stablecoins pegged to real-world assets or fiat currencies (like USDN, pegged to USD). NSBT acts as the recapitalization and governance mechanism for the protocol. Holders stake NSBT to secure the network, receive rewards generated by the protocol (e.g., from stablecoin exchanges), and participate in voting on protocol parameters and upgrades. NSBT bears the volatility risk associated with maintaining the stablecoin peg, absorbing price fluctuations to keep the stablecoin stable. It is crucial for the stability and decentralized governance of the Neutrino stablecoin ecosystem on Waves.

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