Neptune is a decentralized borrowing protocol that enables users to take out interest free loans leveraging the most popular assets available on Eclipse as collateral. Loans on deposited collateral are issued in USDN which can be utilized within Eclipse's DeFi ecosystem or deposited back into Neptune to earn yield.
Magma is a Liquid Staking Protocol on Monad, developed by Hydrogen Labs. It emphasizes equitable token distribution via airdrops, community-driven decisions, self-funded protocol development, and management autonomy.
Fluid Protocol is building USDF, the native stablecoin for the Fuel ecosystem written in Sway. Users can get interest-free loans with a single type of collateral, and the loans will be paid out in USDF, the native stablecoin of Fluid. A fixed minimum collateral ratio must be maintained. Users can redeem USDF for their collateral at any time at face value.
