Neutrino is a price-stable algorithmic asset protocol serving as an accessible DeFi toolkit. It allows for the creation of stablecoins pegged to specific real-world assets, such as fiat currencies or commodities.

The Neutrino token, NSBT (standing for Neutrino System Base Token), serves as the collateral and governance token of the Neutrino system. As a collateral token, NSBT ensures the stability of the collateral reserves within the Neutrino smart contracts.
New NSBT tokens are minted to lock WAVES into the contract, providing additional backing and safeguarding the system against deficits.
As a governance token, NSBT holders can vote on the issuance of new Neutrino assets and updates to the protocols functionalities and parameters.
NSBT is also a scarce asset, enabling its holders to benefit from swap fees when exchanging WAVES for USDN.