Use Cases
Neon tools are custom made to empower ERC20 tokens.
Last updated
Neon tools are custom made to empower ERC20 tokens.
Last updated
The primary ability of Neon Protocol is the ability to value any ERC20 tokens in their paired currency as long as they are listed on a DEX that utilizes the standard Uniswap Interface Library.
This happens through the getUnderlyingValue
function, the core engine of our vault smart contract.
Leveraging this core vault function as the engine, we are able to build tools that enable investors to:
Hedge risk
Speculate
Leverage capital
Unlock liquidity