NLP
Last updated
Last updated
NLP Token is the protocol’s native liquidity provider token and is essentially an index of the large-cap assets supported by the NeonNexus protocol (currently including ETH, BTC, USDT, USDC, SYS, PSYS) , whose assets act as the liquidity for leveraged traders at NeonNexus used for swaps and leverage which auto-re-balances. Each NLP token represents a share of the ownership of assets within the NeonNexus assets pool.
The asset serves as an index of the assets that exist within the NeonNexus multi-asset pool system, and it can also be staked to earn esNOX and SYS rewards over time.
Liquidity Pool
Token
Target Weight
Target Min Amount
Token Max Capacity
Max Long Capacity
Max short Capacity
SYS
50%
1,000,000
$20,000,000
50% total usd value
40% total usd value
USDT
20%
100,000
$10,000,000
50% total usd value
40% total usd value
USDC
20%
100,000
$10,000,000
50% total usd value
40% total usd value
ETH
10%
50,000
$10,000,000
50% total usd value
40% total usd value