Xeon Protocol
  • đŸĒWelcome to Xeon
    • Introduction
    • Challenges
    • Mission
    • Ecosystem
    • Products
  • ✨OTC Tools
    • Features
    • Equity Swaps
    • Call Options
    • Put Options
  • đŸ’ģHow It Works
    • Use Cases
    • Quick Guide
    • What Happened
    • P/L Calculations
  • 🔓Staking NEON
    • How to Stake
    • Assignments
    • Rewards
  • 🌾Real Yield
    • Protocol Income
    • Yield Farming
    • Farming Pools
    • Native Hedge Liquidity
    • Native Loan Collateral
  • 👨‍🌾EARN WITH US
    • How to Earn
    • Hedge Mining
  • â˜„ī¸Fees
    • Model
    • Cashier Fees
    • Settlement Fees
  • ⚡Costing and Valuation
    • Highlights
    • Value in Pair Currency
    • Underlying Value
  • 💸ERC20 Hedging
    • Traditional Hedging
    • Blockchain Hedging
    • Neon Hedging Model
    • Traditional Costing Models
      • Binomial VS Monte Carlo
      • Binomial Model
      • Costing Example
      • Conclusion
    • Neon Costing Model
    • Writing Approach
    • Settlement
  • đŸĒļERC20 Lending
    • Crypto Lending
    • Neon Lending Model
    • Neon Valuation Model
    • Writing Approach
    • Settlement
  • âš™ī¸Mechanics
    • ERC20 Vault Model
    • ERC20 Deposit/Withdraw
    • getPairAddress
    • Underlying Value
    • Write
    • Buy
    • Topup
    • Zap
    • Settlement
    • Mining
    • LockedInUse
    • 🧑‍🚀Development
      • Page 1
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  1. Mechanics

ERC20 Vault Model

Neon Hedge core smart contract.

Inspired by Unicrypt's token lock smart contracts.

Neon Protocol employs a central Vault smart contract to:

  • accept deposits,

  • lock balances into deals,

  • transfer locked balances

  • and process withdrawals.

This enables any ERC20 token to be used as collateral on our OTC hedging or lending markets.

The vault acts as a custodian of user tokens, this enables the core functions of the protocol to trustlessly execute transactions.

PreviousSettlementNextERC20 Deposit/Withdraw

Last updated 1 year ago

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