Neutrino Dollar is an algorithmic stablecoin collateralized by the Waves native token. The price stability is supported by market makers in the ratio of 1 USD-N : 1 US Dollar. The average annual interest paid trustlessly to USDN holders is around 12-15%. Distinct from centralized fiat-collateralized stablecoins, USD-N is issued by a smart contract.
For more information of the project, please visit its official website below.