Neverland's Lending Model
Last updated
Last updated
Neverland is built on the Aave V3 architecture, a battle-tested, highly secure lending protocol.
Users deposit assets to earn interest and rewards, and to use them as collateral
Users borrow assets against their collateral, discounted by token reward incentives
Optimized interest rates adjust dynamically based on market demand
Neverland introduces vote-escrowed token mechanics, enabling users to lock DUST in exchange for veDUST, which grants participation in governance and supports a system where protocol revenue is allocated through DAO decisions, including distributions to veDUST participants, LP staking incentives, and mechanisms that permanently reduce token supply.