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)

ChainCatcher news, the Waves ecosystem algorithmic stablecoin project team Neutrino has released a new proposal to increase USDN reserves and stabilize its peg, restoring arbitrageurs' confidence in maintaining USDN's peg. The proposal includes: increasing support for Waves ecosystem tokens; supplementing a total of $15 million in Waves ecosystem project tokens as collateral for USDN; reactivating USDN Swap; providing SURF and NSBT holders the opportunity to collect Neutrino Swap fees from all Waves ecosystem tokens; and restarting unconditional redemption services for users locking USDN in Vires Finance (amount subject to daily withdrawal limits).It is reported that the proposal will be voted on in the community from December 22 to December 26, and if approved, it will be implemented by developers from December 27 to January 5. (source link)