Neptune USD

USDN

Neptune Protocol is building USDN, the native stablecoin of Eclipse Network. By delivering a comprehensive, secure, and user-centric decentralized borrowing platform and offering 0% interest rates on loans, Neptune is creating a robust and reliable stablecoin. Neptune allows users to take out 0% interest loans for a one-time fee by depositing collateral for USDN. Users are incentivized to keep their collateral-to-debt ratio above 110%. Users are able to deposit multiple collateral typesto create a Neptune vault, which allows them in return to take a loan from Neptune. The loan is issued in the platform’s native stablecoin, USDN.