Introducing NEON // VAULT

NEON is a FORK of core that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. In existing autonomous strategy-executing platforms a team or single developer is solely responsible for determining how locked funds are used to generate ROI. This is hazardous to the health of the fund as it grows, as it creates flawed incentives, and invites mistakes to be made. NEON does away with this dynamic and instead opts for one with decentralized governance.

NEON tokens holders will be able to provide strategy contracts and vote on what goes live and when, in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto market-buy the NEON token.

🏃‍♀️ DISTRIBUTION OF NEON

The NEON team is kickstarting the initial distribution with a liquidity event. Contribute ETH to the NEON Fair Launch smart contract to receive tokens, and the contributed ETH will be matched and added to the Uniswap liquidity pool. Note that once added, liquidity tokens can not be removed from the NEON Uniswap LP pools. This is by design. Read on to learn about why..

🏦 Powered by Real Yield

To encourage real value and TVL to flow into NEON, NEON smart contracts employ interchangeable strategies that farm the coins inside the pools. This gives a great incentive to anyone who wants to farm NEON with coins other than NEON/ETH LP.

All farmed yield market buys NEON

All the yield from staked funds will go to market-buy NEON. This creates a positive relationship for both parties. NEON holders will always benefit from yield bearing activities done on the NEON smart contracts. Even when farmers sell, a transfer fee on sales of NEON tokens are returned to the farming pools. This means buying pressure will generally be more intense than selling pressure.

STAY TUNED FOR MORE UPDATES.

Let’s go — https://t.me/NeonVault

Website — https://neovaults.com/— under progess

and Twitter — https://twitter.com/VaultNeon