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.

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