Neptune Protocol Airdrop: tasks and status

NPT updated 17 Dec 2024
DeFi

About the project

Neptune Protocol is a decentralized finance (DeFi) platform on the Eclipse ecosystem. It aims to provide a robust solution for stablecoin lending, specifically through its native stablecoin, USDN, pegged to the US dollar.

Key Features:

  • Overcollateralized Lending: Users can take out loans at 0% interest by depositing various types of collateral, such as TIA, stTIA, wETH, stETH, SOL, and others. A one-time fee is charged at the initiation of the loan

  • Maximum Loan-to-Value (LTV): The protocol offers a maximum LTV of up to 90.9%, allowing users to leverage their assets effectively

  • Decentralized Stablecoin: USDN serves as the primary medium of exchange within the Eclipse ecosystem and can be utilized across various DeFi applications

Funding

$3.9M raised · 23 investors

  • CMS Holdings
  • MH Ventures
  • Infinity Ventures Crypto (IVC)
  • RockawayX Liquid Opportunities Fund (Prev. Relayer Capital)
  • Animoca Brands
  • Maelstrom
  • Cogitent Ventures
  • NxGen
  • WAGMI Ventures
  • Stake Capital Group
  • Builder Capital
  • Bloccelerate
  • Zephyrus Capital
  • Wise3 Ventures
  • Optic Capital
  • RockTree Capital
  • Meltem Demirors
  • Global Coin Research
  • Kartik Talwar
  • Alan Curtis
  • Mike Silagadze
  • Ben Lakoff
  • Veil

Step-by-step checklist

How to qualify for the airdrop Locked

These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.