Neutron

• 25% of the transaction fees are directed to the hub as payment for ICS (Inter-Chain Services).
• The remaining 75% is either burnt (if paid in NTRN) or sent to the Reserve (if paid in ATOM or other tokens).

Tokenomics and Fund Management

Neutron’s financial ecosystem is managed through three primary contracts:

1. The Reserve: This contract holds vested NTRN tokens. These tokens are then sent to the Neutron DAO core contract and the Distribution contract. The number of tokens that get unlocked in the reserve is directly proportional to the number of NTRN tokens burned while processing block fees.

2. Distribution Contract: This contract manages the second step of token distribution. Tokens sent here are distributed among shareholders. Shareholders are a configurable set of addresses with a specific number of shares. This contract allows shareholders to withdraw the tokens they’ve earned.

3. Neutron DAO Core Module: This is the primary module of the Neutron DAO, responsible for the overall governance and management of the Neutron ecosystem.

Historical Updates

Neutron’s development has been marked by various milestones and updates. One of the significant events was the launch of the Neutron DAO core module, which serves as the backbone for Neutron’s decentralized governance and fund management.

• May 2023 — Mainnet Launch & Liquidity bootstrap on Astroport. Secured by Cosmos Hub, Neutron became the first consumer chain of Interchain Security (ICS).
• September 2023 — Lido bridge launched, bringing the canonical wstETH and ETH liquidity to Cosmos
• October 2023 — Binance Listing & Nexus Celestia Bridge launch
• December 2023 — Neutrality upgrade; Mars Protocol votes to migrate to Neutron.

Additional Resources

For those interested in diving deeper into Neutron’s architecture, tokenomics, and other technical aspects, check out there documentation, here.