Vote for new Neutrino assets
Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that allows for the instant swap between stablecoins tied to national currencies. On this page, you can vote for an asset you wish to be listed on DeFo. This is an implementation of Neutrino on-chain governance carried out with the NSBT token.
Already have an account?
2. Buy NSBT. You need them to vote (1 NSBT = 1 vote)
3. Enter amount of NSBT you want to vote with
4. Wait until voting ends & take your NSBT back
Your NSBT will be unlocked in Infinity blocks (~ Infinity w, NaN d, NaN h, NaN m)
What is DeFo?
Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that enables instant swaps between stable-price assets pegged to popular national currencies, in the same way as USDN is pegged to the US Dollar. DeFo functionality is now available on Waves.Exchange. Other interfaces are expected to appear in the future.
What is NSBT?
Neutrino Token (NSBT), also known as Neutrino System Base Token, is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the mechanism of reserve recapitalization. The pricing of NSBT depends on the so-called BR parameter, or Backing Ratio: the proportion of reserves in relation to the supply of USDN.
How does the process of voting work?
The voting procedure is carried out with the NSBT token, where 1 NSBT equals 1 vote. The more NSBT you use, the bigger the weight of the vote. There are no limitations on minimum and maximum amounts of NSBT tokens used for voting. Once you’ve made your choice, your NSBT tokens will be transferred to a smart contract and stay there until the vote is over. Participation in the voting procedure is not subject to any fees.
How long does the voting last?
The duration of voting is counted in blocks. It starts at a height and ends at a height , which is expected to be approximately 1 week.
Can I vote for multiple assets?
Yes, this is possible.
Can I retrieve my NSBT before the end of voting?
Yes, you can do so by clicking the button "Take your vote back".