NEOPIN Docs
  • NEOPIN Introduction
    • Vision
    • Permissioned DeFi Protocol
  • ✅GET STARTED
    • Download App
    • Create Wallet
    • Sign in (Import Wallet)
    • App settings
    • NEOPIN Wallet
  • 📈EARN WITH NEOPIN
    • Index
      • How it works
      • Backtest
      • RWA Project Index (RPI)
        • [RPI] Rebalancing History
          • [RPI] 28.08.2024 Rebalance
          • [RPI] 02.01.2025 Rebalance
          • [RPI] 27.03.2025 Rebalance
          • [RPI] 14.04.2025 Rebalance
      • Ethereum Family Index (EFI)
        • [EFI] Rebalancing History
          • [EFI] 09.09.2024 Rebalance
          • [EFI] 02.01.2025 Rebalance
          • [EFI] 27.03.2025 Rebalance
      • AI Titans Index (ATI)
        • [ATI] Rebalancing History
          • [ATI] 09.09.2024 Rebalance
          • [ATI] 02.01.2025 Rebalance
          • [ATI] 27.03.2025 Rebalance
      • [App] Index Guide
      • [Web] Index Guide
    • Derivatives
      • RWA
        • [App] NEOPIN BDLP Guide
        • [Web] NEOPIN BDLP Guide
      • Yield Aggregator
        • [App] NEOPIN SDLP Guide
        • [Web] NEOPIN SDLP Guide
    • Pool
      • [App] Pool Guide
      • [Web] Pool Guide
      • Impermanent Loss
    • Swap
      • [App] Swap Guide
      • [Web] Swap Guide
      • Automated Market Maker
    • Stake
      • [App] Stake Guide
      • [Web] Stake Guide
    • Liquid Stake
      • Why is my 1 npETH less than 1 ETH?
      • Unstake with npToken
      • [APP] Liquid Stake Guide
      • [WEB] Liquid Stake Guide
    • Bridge
      • [App] Bridge Guide
      • [Web] Bridge Guide
  • 🔷MEMBERSHIP
    • NEOPIN Club Membership: Current
      • How it works
      • Membership Points
      • Weighted Point Multiplier for Each Product
      • Participant Distribution Across Tiers
      • NEOPIN Club Membership Benefits
    • The First Season: 2023
      • Introduction
      • How It Works
      • How To Earn Points
        • Weighted Point Multiplier for Each Product
      • Leaderboard
      • Participant Distribution Across Tiers
      • Gift Box & Opening
      • Transition to NEOPIN Club Membership (S1 SBT)
  • 📣Referral
    • NEOPIN Referral Program
      • How it works
      • How To Earn Points
      • Leaderbord
  • 🗳️Governance Vote
    • Introduction
    • NEOPIN Governance Vote
    • Klaytn Governance Vote
    • [Deprecated] Finschia Governance Vote
    • [App] Governance Voting Guide
    • [Web] Governance Voting Guide
  • ↗️Kaia Migration
    • (EN) Klaytn x Finschia Merger to Kaia
      • Guide for FNSA holder
        • [Mobile] Guide to convert FNSA to KAIA
        • [Web] Guide to convert FNSA to KAIA
      • Guide for nFNSA holders
        • [App] Guide to convert nFNSA to KAIA
        • [Web] Guide to convert nFNSA to KAIA
      • Guide to Stake KAIA
  • 📊TOKENOMICS
    • NEOPIN Economy
      • NPT Tokenomics
      • Automated Reallocation Mechanism (AutoRM)
      • Issuance and Allocation
  • 🎉EVENT
    • [Closed] NEOPIN DeFi Carnival
  • 🗓️ROADMAP
    • #2023
    • #2024
  • 📃DLT Framework
    • NEOPIN Protocol DLT Framework
  • 💻DEVELOPERS
    • WalletConnect 2.0
      • Namespaces
      • Mobile Linking
      • Methods
        • EVM Methods
        • Cosmos Methods
    • Deprecated
      • (Deprecated) NEOPIN Connect 1.0
        • DApp
          • Android
            • Installation
            • Usage
            • Functions
            • SDK Components
            • Reference
            • Version History
          • iOS
            • Installation
            • Usage
            • Functions
            • SDK Components
            • Reference
            • Version History
          • Web
            • Installation
            • Usage
              • web3-react
              • Neopin Connect Modal
            • Reference
            • Related Package
            • Sample DApp Page
          • Unity
            • Installation
            • Usage
            • SDK Components
            • Reference
            • Version History
        • Wallets
          • Android
            • Installation
            • Usage
              • Connect
              • Approve
              • Transaction
          • iOS
            • Installation
        • JSON-RPC API Methods
        • Error Code
        • Technical Specification
  • 🔗LINKS
    • Website
    • NEOPIN Web
    • Android App Download
    • iOS App Download
    • Community Links
    • Contact us
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On this page
  • Multi-Blockchain Support
  • Core Components
  • Security Measures
  • Interoperability
  • Tokenization
  • Token Issuance
  • Token Economy
  • Governance
  • Auditability and Transparency
  • Monitoring Tools
  1. DLT Framework

NEOPIN Protocol DLT Framework

Our Distributed Ledger Technology (DLT) framework for NEOPIN Protocol is designed to provide a secure, scalable, and efficient system for our AMM-based DEX, PoS staking, Bridge, and off-chain voting governance. The framework consists of the following key features:

Multi-Blockchain Support

NEOPIN Protocol supports multiple blockchains including Ethereum, Polygon, Tron, Kaia and Cosmos. This multi-chain approach ensures flexibility, interoperability, and scalability across various blockchain ecosystems.

Core Components

Automated Market Maker (AMM) Based DEX

NEOPIN Protocol offers a decentralized exchange (DEX) using an AMM model, allowing users to trade assets directly from their wallets with high liquidity and minimal fees.

Proof of Stake (PoS) Staking

NEOPIN provides PoS staking, enabling users to earn rewards by locking their tokens in the network. Stakers support network security and consensus.

Bridge

The NEOPIN Bridge facilitates seamless asset transfers between supported blockchains, enhancing interoperability and liquidity.

Off-chain Voting Governance

NEOPIN implements off-chain voting for governance, allowing token holders to participate in decision-making processes without the need for on-chain transactions.

Consensus Algorithm

While NEOPIN is not a Layer 1 protocol, it integrates various consensus mechanisms from supported blockchains such as Ethereum, Polygon, Tron, Kaia and Cosmos, ensuring efficient and secure operations across the networks.

Smart Contracts

NEOPIN supports a versatile execution environment compatible with multiple blockchains, facilitating the deployment and execution of smart contracts.

Security Measures

Key Separation

NEOPIN ensures a clear separation between keys, protecting them from theft. On-chain related signatures are verified by all key management members during transactions.

Internal Control Processes

NEOPIN implements rigorous internal control processes to manage and secure on-chain transactions. These processes are overseen by key management team members and include the following steps:

1. Transaction Review and Approval:

- Every on-chain transaction undergoes a thorough review process by the key management team.

- Transactions are evaluated for compliance with security policies and operational protocols.

2. Multi-Signature Verification:

- NEOPIN employs multi-signature wallets, requiring multiple key management members to approve and sign each transaction.

- This process ensures that no single individual can unilaterally execute a transaction, enhancing security and reducing the risk of fraudulent activities.

3. Access Control:

- Strict access controls are implemented to manage who can initiate and approve transactions.

- Access rights are regularly reviewed and updated to reflect changes in roles and responsibilities within the key management team.

4. Audit and Monitoring:

- Continuous monitoring of all on-chain activities is conducted to detect and respond to any suspicious behavior or anomalies.

- Regular audits are performed to ensure adherence to security protocols and to identify potential areas for improvement.

By implementing these internal control processes, NEOPIN ensures that all on-chain transactions are executed securely, transparently, and in accordance with best practices in blockchain security.

Interoperability

NEOPIN's DLT framework ensures seamless interoperability with multiple blockchain ecosystems.

Cross-Platform Compatibility

Our framework supports cross-platform transactions and smart contracts, enabling mutual asset movement, message exchange, and contract execution across Ethereum, Kaia, Polygon, Tron, and Cosmos.

Tokenization

NEOPIN supports native coins and tokens on EVM-compatible blockchains and non-EVM blockchains such as Tron and Cosmos, including utility tokens and NFTs.

Token Issuance

A total of 1 billion NPT tokens have been issued, and only a small portion of the total amount will be made available for trading in the market each month in order to ensure the long-term sustainability of the platform.

Token Economy

NEOPIN Protocol's token economy is designed to incentivize participation and protocol security through native token issuance and transaction fees.

Governance

NEOPIN implements a robust off-chain governance model, ensuring transparent and fair decision-making processes.

Off-chain Voting

Token holders can participate in governance through off-chain voting, with results recorded on-chain for transparency.

Governance Features:

- Open Voting Platform: Any token staker can participate in votes.

- Voting Powers: Proportional to the amount of tokens staked in the time of voting starts

- Delegate Voting: Neopin nodes initiate the votes according to the vote results made by token stakers votes.

Auditability and Transparency

NEOPIN ensures auditability and transparency through immutable transaction records and comprehensive monitoring tools.

Monitoring Tools

Public Solutions

NEOPIN supports various on-chain monitoring tools such as Etherscan, Polygonscan, Tronscan, Klaytn Scope and Mintscan.

In-house Built Solutions

NEOPIN provides tools like NEOPIN Dashboard for its internal monitoring team and the ADGM to track all transactions, enhancing protocol transparency and protocol monitoring on a daily basis.

NEOPIN Protocol's DLT framework is committed to providing a secure, transparent, and efficient platform for decentralized financial services, fostering innovation and trust in the blockchain ecosystem.

Previous#2024NextWalletConnect 2.0

Last updated 10 months ago

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