What Is Neptune Mutual?
Neptune Mutual provides you with guaranteed stablecoin liquidity to reduce your risk exposure by hedging against possible capital risks and smart contract vulnerabilities.
Neptune Mutual has raised a $1.75M seed round led by Fenbushi Capital. The backers also included Coinbase Ventures, Huobi Ventures, OK Blockdream Ventures, GravityX, Hex Trust, Baboon VC, NVC Partners, and Alphabit Digital Currency Fund.
Neptune Mutual Unique Features
Trustless & Decentralized
Neptune Mutual platform capitalizes on the power of decentralization and acts in the best interest of the community.
Limited Emmission
There is no dual or tipple token system or a continuous token supply. NPM governance tokens are fixed and deflationary.
Transparent
Transparency is not a feature but the foundation. It is a framework to build trust where code is the law. Without that, you would have to take our word for it. We believe asking that is asking too much.
Cheaper & Efficient
Neptune Mutual platform leverages cheaper transactions and higher throughput of Binance Smart Chain, Polygon, Fantom, and xDaiChain to bring you a robust set of hedging features and functionalities.
Roadmap
TBA
Neptune Mutual Token Economy
The NPM token is used by the platform for both governance and utility purposes.
- Use NPM to stake and create contracts and markets
- Burn NPM to create contracts and markets
- Use NPM to vote in the governance of the platform’s future
- Lock NPM to provide liquidity, secure the protocol, and yield additional rewards
- Hold NPM in your wallet to purchase and claim coverage
Detailed Token Metrics
Neptune Mutual private sale price:
Token Distribution
TBA
Token Release Schedule
TBA
Partners & Advisors
TBA
Team Members
TBA
Investors
The backers included Fenbushi Capital Ventures, Huobi Ventures, OK Blockdream Ventures, GravityX, Hex Trust, Baboon VC, NVC Partners, and Alphabit Digital Currency Fund.
