A bird's flight overview of Neuron protocol
DeFi, or Decentralized Finance, opens opportunities for gaining returns on crypto-investments. There are many parts of DeFi, including lending platforms, liquidity protocols, stock synthetics, automated market makers, derivatives, and more. Unfortunately, there isn't an abundance of protocols aiming to increase capital efficiency, using assets one already owns.
Neuron Fund is an innovative on-chain derivatives DeFi protocol that leverages web3 technology to deliver attractive performance on user's deposits and composes option selling strategies with yield farming to increase capital efficiency. Neuron's been thoroughly audited by a top-notch security firm.
Neuron currently offers two main products and a locking system for additional yield:
- Neuron pools are an evolutionary step forward for derivative on-chain products and enable adding up to 15% APY running automated derivative strategies on a vast range of assets, including Curve liquidity deposits. In simple LaTeX terms:.
Market makers can buy option contracts (noTokens) at Neuron's open auctions weekly, usually at a discount to the market price.
Neuron is governed and owned by a DAO (Decentralized Autonomous Organization).