Proof of Work

Cryptocurrency

Base Ecosystem

Backed Tokens

Ethereum Mainnet

Binance Smart Chain Mainnet

Avalanche C-Chain

Fantom Opera

Polygon Mainnet

Cronos Mainnet Beta

Arbitrum One

Klaytn Mainnet Cypress

Harmony Mainnet Shard 0

Metis Andromeda Mainnet

Huobi ECO Chain Mainnet

Aurora Mainnet

Celo Mainnet

Optimism

Gnosis Chain (formerly xDai)

Theta Mainnet

Moonriver

Emerald Paratime Mainnet

Fusion Mainnet

Telos EVM Mainnet

RSK Mainnet

Moonbeam

IoTeX Network Mainnet

OKExChain Mainnet

Boba Network

Wanchain

KCC Mainnet

Velas EVM Mainnet

Smart Bitcoin Cash

Songbird Canary-Network

CoinEx Smart Chain Mainnet

Fuse Mainnet

Shiden

Elastos Smart Chain

Callisto Mainnet

ThunderCore Mainnet

Meter Mainnet

TomoChain

Energy Web Chain

Syscoin Mainnet

Ubiq

Polis Mainnet

Zyx Mainnet

High Performance Blockchain

GoChain

Palm

Expanse Network

ThaiChain

Metadium Mainnet

Flare Mainnet

Diode Prenet

ThaiChain 2.0 ThaiFi

ELA-DID-Sidechain Mainnet

Dithereum Mainnet

ShibaChain

Genesis L1

GoodData Mainnet

TBWG Chain

Valorbit

Darwinia Crab Network

XinFin Network Mainnet

Ontology Mainnet

EOS Mainnet

Ethereum Classic Mainnet

Ellaism

SoterOne Mainnet

IDChain Mainnet

POA Network Sokol

PrimusChain mainnet

GeneChain

GateChain Mainnet

Nova Network

Garizon Stage0

Garizon Stage1

Garizon Stage2

Garizon Stage3

NEXT Smart Chain

POA Network Core

EtherInc

EtherLite Chain

Fuse Sparknet

Decentralized Web Mainnet

OYchain Mainnet

Factory 127 Mainnet

DAX CHAIN

Lightstreams Mainnet

Seele Mainnet

BMC Mainnet

BitTorrent Chain Mainnet

Arbitrum on xDai

Freight Trust Network

Permission

Setheum

SUR Blockchain Network

Web3Q Mainnet

PulseChain Mainnet

Lisinski

Rupaya

Double-A Chain Mainnet

## What is the Neutrino Protocol?

The Neutrino Protocol operates as a set of interacting smart contracts on the [Waves](https://coinrotator.app/coin/waves) blockchain, utilizing tokens like WAVES, [XTN](https://coinrotator.app/coin/neutrino), NSBT, and SURF. WAVES serves as the transaction fee token, while XTN functions as the Neutrino Index token. NSBT and SURF act as governance and recapitalization tokens, ensuring protocol stability. The system involves various entities, including users, price oracles, pacemaker oracles, Waves full nodes, and emergency oracles, each playing a specific role in the protocol's functionality.

## NSBT (Neutrino System Base Token) 

NSBT ensures protocol stability by issuing new tokens when WAVES are locked, adding backing during value fluctuations. Users can stake NSBT to receive gNSBT, enabling participation in community voting, XTN transactions, and earning rewards from protocol fees.

## Neutrino Index (XTN) and SURF Tokens

XTN operates on a multi-collateral system, collateralized by Waves Ecosystem tokens. gNSBT holders govern the system through voting, influencing operations like issuance, burning, staking, and rewards. 

SURF enhances NSBT's recapitalization mechanics. While temporarily unavailable for smart contract issuance, SURF benefits include XTN transactions, regular rewards, voting power, and automatic conversion to XTN when profitable.
## Neutrino Ecosystem
Within the Neutrino system, five distinct entities, both on-chain and off-chain, collaboratively operate through interconnected smart contracts:

- Users: Individuals with Waves accounts, typically managed through the Keeper Wallet and Waves Signer extensions.
- Price [Oracles](https://coinrotator.app/category/Oracle): Predetermined accounts offering a market price feed from various sources to the blockchain.
- Pacemaker Oracles: Waves accounts, often bots, triggering transactions and handling intricate computations. Their role is crucial due to the non-Turing nature of the Ride language and computational complexity limits.
- Waves Full Node: A Waves node in a peer-to-peer blockchain network operating based on the Leased Proof of Stake algorithm. It accumulates and distributes block rewards for the Neutrino dApp. Since 2022, Neutrino reserves in WAVES tokens are leased to community nodes.
- Emergency Oracle: An account, chosen by the community, with special privileges to pause the protocol's operations during a malicious hacking attack against the smart contract infrastructure and reactivate it. This entity lacks additional access or control within the system, apart from this specific authority.

## Project Development

In the approaching days, around January 12, 2024, the inaugural era of Neutrino DAO is concluding. However, the launch of the Neutrino Crypto DeFi Index (NCDI) project on the ETH network is experiencing delays in the research and development phase. 

The extended timeline necessitates additional support from users in the form of retaining their staked $POWER tokens within the DAO for the subsequent sprint. Participants who maintain a 100% staked $POWER token for the upcoming sprint will receive a distribution of 62 $POWER, originally intended for burning but repurposed as an extra incentive. 

These contributors are regarded as potential pioneers (OGs) of the new ETH network protocol, granting them exclusive features and protocol governance access. The second sprint is crucial, and comprehensive information on the mechanics and logic of the new project will be communicated during this phase.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Neutrino System Base

Neutrino System Base

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