Introduction to NEIQW

What is NEIQW?

NEIQW is a comprehensive suite of decentralized finance protocols developed on BSC, comprising NEIQW Markets, NEIQW Liquid Staking, and Ignite.

NEIQW Markets

NEIQW Markets is designed to facilitate seamless lending, borrowing, and interest accrual on digital assets. Participants supplying liquidity to the protocol can earn yields, while borrowers access over-collateralized loans.

This protocol is permissionless, offering DeFi users the ability to:

  • Supply and withdraw liquidity instantaneously from a shared liquidity pool

  • Borrow against their collateral in real-time

  • Access transparent, continuously updated interest rates based on real-time market supply and demand

NEIQW Liquid Staking

NEIQW Liquid Staking introduces a liquid staking solution for BNB on BSC, enhancing liquidity by tokenizing staked BNB. This allows users to utilize, exchange, or leverage their yield-bearing assets across various DeFi applications.

This efficient staking model provides BSC users the flexibility to:

  • Transfer capital that is otherwise locked in staking

  • Utilize staked assets within DeFi for trading or as collateral

  • Easily stake BNB on the BSC Contract Chain without the complexities of cross-chain transfers or server maintenance

Ignite

Ignite is tailored to support the growth and security of BSC’s network by making it easier for institutions, developers, and Web3 enthusiasts to launch BSC validators and Subnets.

This tool is also permissionless, enabling users to:

  • Start BSC validators with minimal initial investment

  • Cost-effectively create Subnets, fostering the development of new Web3 projects

Funds Management

All funds within NEIQW are managed via smart contracts, ensuring security and autonomy.

Risks

While striving to mitigate risks through rigorous audits and maintaining open-source protocols, it's important to recognize that no blockchain protocol is entirely devoid of risks. Potential risks include those associated with smart contracts and liquidation. NEIQW continuously works to minimize these risks to provide a safe and reliable platform for its users.

Last updated