Nero is a hyperstructure for borrowing any asset with an on-chain source of truth against an asset or a collection of assets. Nero is autonomous and cutting-edge in three pillars: dynamicity, stability, and savings. $NPT is the native token of Nero on BNB.
Nero protocol uses nonlinear adaptive control theory to automagically output optimal borrow rates. Furthermore, all risk parameters—base rate, close factor, LTV threshold, liquidation penalty, and others—are dynamically calculated based on the composition of your collateralised debt position.