The decentralized stablecoin Neutrino integrates the Band oracle machine to provide feed price information for WAVES/USD and other mortgage assets

The decentralized financial application Neutrino (USDN) based on the Waves platform will integrate the Band oracle machine to provide stable price information for mortgage assets such as WAVES/USD. Neutrino will query WAVES/USD feed price information from Band Protocol’s six only trusted data sources, which are CoinGecko, Binance, OKEx, Huobi, Kraken and CryptoCompare on BandChain. By default, the price update will be pushed to the Waves blockchain every hour or when there is a price deviation of 0.5%. Lianwen Note, Neutrino (USDN) is a leading decentralized financial application built on the Waves platform. USD Neutrino (USDN) is an algorithmic stablecoin that allows users to use WAVES tokens as collateral to mint stablecoins with a price of 1:1 anchor to the US dollar.