Question 1

What Is Neutrino Index (XTN)?

Accepted Answer

The Neutrino index is a [decentralized financial (DeFi)](https://coinmarketcap.com/alexandria/glossary/defi) platform based on the Waves blockchain. The platform rebranded its index token from USDN to [XTN](https://coinmarketcap.com/currencies/neutrino-usd/). Neutrino has two native tokens, XTN and NSBT.

XTN is an algorithmic crypto-collateralized indexcoin backed by three Waves Ecosystem tokens: [WAVES](https://coinmarketcap.com/currencies/waves/), [WX](https://coinmarketcap.com/currencies/waves-exchange-token/) and [VIRES](https://coinmarketcap.com/currencies/vires-finance/). 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.

Question 2

What Makes Neutrino Index Unique?

Accepted Answer

Neutrino enables the creation of an index backed by a collection of cryptocurrencies in the Waves ecosystem.

Additionally, the team behind Neutrino has created a [decentralized exchange](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) ([DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex)) known as Neutrino Swap, which permits users to exchange cryptocurrencies in a decentralized manner, without relying on a central intermediary.

Question 3

Who Are the Founders of Neutrino Index (XTN)?

Accepted Answer

Neutrino was created by Alexander Ivanov (also known as Sasha Ivanov). He is also the creator of Waves Platform, a multi-purpose blockchain platform which supports various use cases including [decentralized applications](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) (DApps) and smart contracts.

Question 4

How Many XTN Coins Are There in Circulation?

Accepted Answer

As of June 2023, the XTN circulating supply is 51,980,734.06. The total supply is 623,814,463.63 XTN.

Question 5

How Is the Neutrino Index Network Secured?

Accepted Answer

Neutrino is on the Waves blockchain, which is secured by a modified proof-of-stake algorithm called WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by well-known Bitcoin advocate, Cornell University developer and founder and CEO of Ava Labs, Emin Gün Sirer.

Question 6

Where Can You Buy XTN?

Accepted Answer

XTN is available for purchase on cryptocurrency exchanges, including [WX.Network](https://coinmarketcap.com/exchanges/waves-exchange/) and [Swop.fi](https://coinmarketcap.com/exchanges/swop-fi/).

Gráfico de Neutrino Index para BRL

Estatísticas de Neutrino Index

Patrocinado

Avaliação · Com base na 2 classificação institucional

Neutrino Index community

Neutrino Index Mercados

Carregando dados...

Neutrino Index novidades

Sobre Neutrino Index

What Is Neutrino Index (XTN)?

What Makes Neutrino Index Unique?

Who Are the Founders of Neutrino Index (XTN)?

How Many XTN Coins Are There in Circulation?

How Is the Neutrino Index Network Secured?

Where Can You Buy XTN?

Related Pages:

Neutrino Index analytics

As pessoas também viram

Tendências

Neutrino Index Preço em Tempo Real