Noon USNPrice

(USN)

Noon USN (USN) is a decentralized stablecoin engineered to maintain a 1:1 peg with the US Dollar, providing users with opportunities for competitive yields. Its backing includes a diversified portfolio of highly liquid digital assets, such as USDC and USDT, alongside traditional financial instruments like short-term U.S. Treasury Bills, ensuring robust collateralization.

USN is the foundational, unstaked stablecoin; holding it primarily qualifies users for future $NOON governance token rewards. Conversely, sUSN represents the staked version of USN. By staking your USN to receive sUSN, you actively participate in the protocol's yield generation mechanisms, directly earning approximately 80% of the raw yields derived from various delta-neutral strategies. This distinction provides users with flexibility based on their desired engagement and reward preference.

The $NOON token serves as the upcoming governance token for the Noon ecosystem, empowering community participation. Its Token Generation Event (TGE) and anticipated airdrop are scheduled for Q2 2025. Users earn eligibility points by holding USN or sUSN and actively engaging with the decentralized application. A significant portion, between 65% and 80%, of the total $NOON supply is allocated for community distribution. Please note that while USN is liquid, $NOON tokens obtained through rewards are expected to have a non-transferable period until late 2025.

Noon USN generates yields through sophisticated "delta-neutral" strategies. These include funding-rate arbitrage, which involves offsetting price exposure while earning funding fees, and investments in tokenized U.S. Treasury bills. For security, Noon implements a robust 7-part framework, collaborating with leading independent auditors such as Quantstamp and Halborn to conduct regular audits. This multi-layered approach is designed to provide maximum protection for the protocol and its users' assets.

Noon USN is designed for multi-chain accessibility, officially deployed across several prominent networks including Ethereum, zkSync Era, Sophon, Starknet, and TAC. Users can primarily acquire USN through various decentralized exchanges operating on these respective networks. For those interacting on Ethereum, the official contract address to add USN to your wallet is `0xdA67B4284609d2d48e5d10cfAc411572727dc1eD`. Always ensure you verify contract addresses from official sources.

To ensure transparency and user confidence, Noon USN provides a real-time Proof of Solvency dashboard. This is facilitated by a dedicated third-party service, AccountableData, which continuously monitors and displays the protocol's reserves. This live verification system confirms that every USN token in circulation is backed by more than 100% of its value in collateral, upholding its 1:1 peg to the US Dollar and demonstrating robust solvency.