Overview
Neptune Protocol is a next-generation lending protocol that brings unmatched capital efficiency to decentralized finance on Injective. Through its innovative design, Neptune enables users to lend, borrow, and build with digital assets in ways that maximize returns while maintaining robust security.
Innovations
PID Controlled Interest Rates
Neptune Protocol's innovative interest rate model uses a PID (Proportional-Integral-Derivative) controller to dynamically adjust lending and borrowing rates. By considering current market conditions, historical trends, and rate of change, the system maintains optimal capital efficiency while preventing rate volatility. This sophisticated approach consistently outperforms traditional DeFi models by automatically finding the most efficient rates for market participants.
Margin Sub Accounts
Neptune Protocol's margin sub-accounts enable users to create multiple isolated trading positions under a single wallet. This feature allows for separate risk management and distinct collateral pools for different trading strategies, preventing cross-contamination between positions while maintaining clear accounting of DeFi activities.
nTokens
nTokens are Neptune Protocol's interest-bearing tokens received when lending assets. They automatically accumulate interest, can be transferred between wallets, used as collateral, and integrated with other DeFi protocols - making lending positions liquid and productive while earning yields.
Dynamic Liquidation Discounts
Neptune Protocol innovates on traditional liquidation mechanisms by implementing dynamic liquidation discounts that scale based on account health. When a position becomes eligible for liquidation, the discount starts at a minimum value and increases as the account health deteriorates further, up to a maximum cap. This approach provides better protection for borrowers during minor market movements while ensuring sufficient liquidator incentives during severe market stress, creating a more efficient and resilient liquidation system.
NEPT Token Staking Feature Access
Neptune Protocol's NEPT token staking system offers users flexible options through multiple staking pools, each with unique benefits. By staking NEPT, users can access features like flashloans, boost their account health ratios, and earn governance rights. Longer staking periods provide enhanced rewards and greater feature access, while the innovative cascade mechanism allows users to maintain benefits as they transition between staking tiers. This tiered approach rewards long-term protocol engagement while providing users choice in how they interact with Neptune's features.
User Features
Lending
Lend your digital assets to Neptune Protocol to earn competitive yields. Deposits are represented by nTokens which automatically accumulate interest and can be used as collateral or transferred freely. The protocol's advanced PID controller ensures optimal interest rates while maintaining strong security measures to protect user funds.
Borrowing
Borrow assets from Neptune Protocol to fuel your trading and DeFi activities. The protocol's flexible borrowing interface allows users to borrow against their collateralized positions, with rates dynamically adjusted based on market conditions.
Flashloans
Access instant liquidity with Neptune Protocol's flashloans, which allow users to borrow and repay funds in a single transaction without collateral. This feature is ideal for arbitrage, market making, and other advanced trading strategies.
Staking
Stake your NEPT tokens to earn governance rights and participate in protocol decision-making. The protocol's NEPT token staking system offers flexible options through multiple staking pools, each with unique benefits.
Analytics
Access real-time analytics and insights to monitor your lending and borrowing activities, account health, and market trends. The protocol's dashboard provides transparent and detailed information about the protocol's performance and user positions.
Swaps
Swap between supported assets using the protocol's advanced swap interface, which allows users to exchange digital assets at competitive rates while maintaining strong security measures to protect user funds.
Getting Started
Network
Neptune operates on the Injective blockchain, requiring a small amount of INJ for network fees.
Wallet Access
Connect using popular wallets:
Keplr
Metamask
Cosmostation
Leap
OKX
Supported Assets
Currently supported assets include:
hINJ
USDT
USDC
AUSD
INJ
ATOM
TIA
WETH
SOL
nUSDT
nUSDC
nASUD
nINJ
nATOM
nTIA
nWETH
nSOL
The Learn section provides comprehensive documentation about Neptune Protocol's features, mechanics, and risk considerations. Here you'll find detailed explanations of lending, borrowing, interest rates, liquidations, flash loans, and the NEPT token system. These docs help users understand how to effectively and safely interact with the protocol.
Neptune Protocol's Developer Documentation provides comprehensive technical resources for integrating with and building on top of the protocol. Here you'll find detailed smart contract specifications, integration guides, API references, and code examples to help developers effectively interact with Neptune's lending markets and features.
Community
Join the Neptune Protocol community to stay updated on the latest news, events, and developments.
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