The proposal by Neutrino to convert USDN into a soft-pegged asset has been voted through

2022-12-27 14:30:10
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ChainCatcher news, the Waves ecosystem stablecoin protocol Neutrino's proposal to convert USDN into a soft-pegged multi-collateral asset has been approved with a 99% support rate.

It is reported that the project will not only receive support from WAVES but will also accept WX, SWOP, VIRES, EGG, and WEST as collateral. The Waves ecosystem team will directly donate a total of $15 million in tokens from each project to Neutrino as support, and later, other ecosystem tokens can be added to the collateral through voting. In addition, the project will reactivate swaps between USDN and WAVES ecosystem tokens to incentivize users to burn USDN. (source link)

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