NEOPIN

<p>Great news for the NEOPIN &amp; Klaytn communities! We&#39;re expanding ETH support through the NEOPIN EVM Bridge, alongside introducing a new liquidity pool between nETH and nUSDT. These updates are designed to enhance your trading experience by offering increased flexibility and more opportunities for profitability.</p><p>Mark your calendars – these updates are set to launch on April 11th.</p><h2 id="header-0"><strong>ETH Integration with NEOPIN EVM Bridge</strong></h2><p>You can bridge your ETH to nETH (wrapped ETH on the Klaytn network), ensuring secure and smooth transactions. The NEOPIN Bridge utilizes a mint-and-burn mechanism, where the original ETH is locked in a vault, and a corresponding amount of the bridged token, nETH, is minted. Consequently, the value of nETH is pegged to the value of the original ETH at a 1:1 ratio.</p><p>Need your ETH back? The process is easily reversed, ensuring hassle-free trading. When the nETH is bridged back, the token will be burned, and the corresponding amount of the original ETH will be unlocked and released to the user.</p><h2 id="header-1"><strong>Launch of new nETH Liquidity Pools</strong></h2><p>To complement the ETH support, we&#39;re launching the nETH-nUSDT and nETH-KLAY liquidity pools on the Klaytn network. These new pools enable you to provide liquidity using the newly introduced nETH, thereby earning yield farming rewards of up to <strong>four-digit APRs</strong> for the initial pool launch and a share of the transaction fees. The nETH-nUSDT and nETH-KLAY liquidity pools are designed to facilitate smoother, more efficient transactions and to enhance liquidity options within the Klaytn ecosystem.</p><h2 id="header-2"><strong>Why It Matters</strong></h2><p>These updates align with our mission to become a multichain platform and to establish ourselves as the No. 1 DeFi protocol within the Project Dragon (Klaytn &amp; Finschia merger) ecosystem. We believe these enhancements will not only increase our platform&#39;s flexibility but also open up new avenues for users within the NEOPIN, Klaytn, and Finschia ecosystems.</p><h3 id="strong-a-href-https-neopin-io-bridge-rel-noopener-noreferrer-nofollow-bridge-your-eth-to-the-klaytn-network-a-strong"><strong><a href="https://neopin.io/bridge/" rel="noopener noreferrer nofollow">Bridge your ETH to the Klaytn network</a>!</strong></h3><h3 id="x1f465-join-the-neopin-communities">&#x1f465; Join the NEOPIN Communities</h3><p><a href="https://onelink.to/5ynn8k" rel="noopener noreferrer nofollow">App</a> | <a href="https://neopin.io/" rel="noopener noreferrer nofollow">Web</a> | <a href="https://twitter.com/NeopinOfficial" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/neopin-official" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://discord.gg/neopinofficial" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://t.me/neopin_announcements" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://zealy.io/c/neopin" rel="noopener noreferrer nofollow">Zealy</a></p><h3 id=""></h3>

NEOPIN Adds ETH Support to the EVM Bridge & Launches nETH Liquidity Pools!

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