The team behind the implementation of the algorithmic stablecoin vision is Ventuary Lab. It is a group of experienced developers and researchers with a substantial track record in decentralized applications and DeFi, such as the first Waves DAO. Ventuary Lab is incubated by Waves Platform and is responsible for providing roadmaps to be reviewed by external auditors, as well as for simulating and developing smart contract systems of the protocol.

Currently, the operational management of Neutrino technology, marketing, and neutrino.at website, as well as customer support, is carried out by Waves.Exchange.

There are no special requirements – you just have to choose a staking platform and register an account.  On Waves.Exchange, you can easily buy USDN with a bank card and immediately deposit it in staking.

Unlike most other staking coins, USDN is a stablecoin, so there is no volatility risk. USDN price is maintained at $1, so the stake and the rewards don’t depreciate. As for the rest, the risks of USDN staking aren’t higher than those of any other quality DeFi project.

Neutrino is an algorithmic price-stable protocol that allows for the creation of stable coins collateralized by a native token and tied to a specific fiat currency. Neutrino Dollar (USDN) is the first stablecoin based on Neutrino concept and technology, tied to US Dollar and collateralized by Waves.

Neutrino was started on a grant provided to Ventuary Lab, a team incubated by Waves Labs.

The individual earnings are depending on several factors:

• The price of WAVES (USDN is 100% backed by WAVES)
• The percentage of USDN deposited in staking (Total Staked %)
• WAVES leasing reward rate (~6%)

If the price of WAVES goes up, the rewards for USDN stakers go up as well.

In our Staking Calculator, you can play with the above-mentioned metrics to understand the dynamics and create all kinds of reward scenarios.