Neutrino USD (USDN) is an algorithmic stablecoin pegged to the US dollar and backed by WAVES. Leveraging the staking model of the Waves protocol’s underlying consensus algorithm, USDN staking yields a sustainable reward of up to ~ 15% APY. Neutrino is a price-stable algorithmic asset protocol that acts as an accessible DeFi toolkit. It allows the creation of stablecoins pegged to specific real assets such as national currencies or commodities. The Neutrino protocol is represented by a set of interacting smart contracts written in the Ride programming language and deployed on the Waves blockchain. Most Neutrino protocol operations are currently available through the Waves. Exchange interface.