Fantohm is one of the first decentralized reserve currency protocol available on the Fantom Network with the ticker FHM. Each FHM token is backed by a basket of assets (e.g., MIM, FHM-MIM LP Tokens etc) in the Fantohm treasury, giving it an intrinsic value that it cannot fall below. Fantohm also introduces economic and game-theoretic dynamics into the market through staking and minting.

Our goal is to build a policy-controlled currency system, native on the FTM network, in which the behavior of the FHM token. In the long term, we believe this system can be used to optimize for stability and consistency so that FHM can function as a global unit-of-account and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and wealth creation.

We intend to achieve price flatness for a representative basket of goods without the use of fiat currency, in order to allow the cryptocurrency industry to detach once and for all from the traditional finance world.

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The Neutrino index is a decentralized financial (DeFi) platform based on the Waves blockchain. The platform rebranded its index token from USDN to XTN. Neutrino has two native tokens, XTN and NSBT.

XTN is an algorithmic crypto-collateralized indexcoin backed by three Waves Ecosystem tokens: WAVES, WX and VIRES. XTN's main function is to encourage user participation in the Neutrino by rewarding those who provide liquidity to the system.

The platform’s other token, NSBT (Neutrino System Base Token), is used for governance purposes: it allows users to make decisions about the future development of the Neutrino protocol, and it ensures the stability of collateral reserves on Neutrino’s smart contract.

New NSBT tokens are issued whenever a user locks WAVES tokens on a contract, which serves as additional backing and insures the system against a deficit. Holders can stake to earn on WAVES to XTN swap fees.

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