Neutrino Community Votes to Approve Proposal Regarding Transforming $USDN into Multi-Collateral Asset with a Soft Peg

The Neutrino community has approved the proposal regarding transforming $USDN into a multi-collateral asset with a soft peg. 99% of the voting power are in favor of the proposal.

USDN will now be backed not only with $WAVES, but also with other Waves ecosystem tokens: $WX, $VIRES, $SWOP, $EGG and $WEST. The Waves ecosystem teams ($WX, $VIRES, $SWOP, $EGG and $WEST) will donate $15 million in total of every project's token directly to the Neutrino backing. Later on, it will be possible to add other ecosystem tokens in the collateral via voting.

In addition, the program will reactivate $USDN->$WAVES swaps to incentivize users to burn $USDN.