Geek Culture
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Geek Culture

Can Neutrino (USDN) cash in on Algorithmic Finance? — Market Mad House

The Neutrino (USDN) is a stablecoin designed to cash in on algorithmic finance. Neutrino is a decentralized stablecoin pegged to the US dollar that runs on the Waves blockchain.

They claim USDN can give holders a sustainable revenue of up to 15% annual percentage yield (APY) with its consensus algorithm. Additionally, they claim tokenholders can earn daily rewards by holding ERC-20 (Ethereum Request for Comment) USDN in a wallet or liquidity pool. The daily rewards comprise staking payments they base upon a 12%…

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