to the main
logo Xeon Protocol

Dapp Guide

Learn how to nagivate – Equity Swaps, Call Options, Put Options, Crypto Lending.
start...
This is the user guide page for the current testnet. Note: this protocol is developed recursively. Features will be altered with each testnet release. Scroll down to learn how to navigate our protocol and dApp.

This testnet introduces Neon Hedge Platform to the Ecosystem.

Learn more about our Ecosystem here..

Xeon Protocol's Ecosystem
Comprises 3 OTC Platforms

Click on the sun to get started

Testnet Hitchhiker's Guide... 
01.
Intro

We built an entire protocol from scratch to enable users to deposit and create OTC trades using any ERC20 token. Most of the development work for Neon Hedge is complete, we will only test, fine tune and experiment with monetary concepts that we think can be ground breaking. This is where you come in as the community to help in manifesting the cause: universal ERC20 hedging and lending.

To test this platform, you need testnet tokens.

02.
Goto Testnet

The testnet page will tell you all you need about the test enviroment and network. goto testnet

03.
Make a Deposit

Now that you have testnet tokens, go to the wallet page to make a deposit into our protocol.

Go to the silkroad page to begin OTC trading with your deposited ERC20 tokens.

What you really good for 
04.
Use Cases
Manage risk & liquidity on any ERC20 tokens you own. This platform enables you to unlock liquidity and manage risk on any ERC20 tokens you own, without selling.

Xeon Protocol helps you manage your ERC20s:

  • 1. Hedge Risk - cover your ERC20 tokens against price drops.
  • 2. Speculate - on future token prices, to accumulate more.
  • 3. Leverage Capital - buyers are paying for higher exposure.
  • 4. Unlock Liquidity - get a loan from your ERC20 token holdings. Withdraw the liquidity to buy more tokens.

  • Scenarios X - imagine this

    Factors

    -AI SEASON IS TRENDING

    -AI COINS ARE PUMPING 20X

    -NEW COIN LAUNCHES - $NEWAI

    Scenario Simulation...

    1. Capo sees 20x opportunity in $NEWAI

    2. Buys $NEWAI tokens worth $200

    3. Capo creates a call option using the deposited tokens: duration 6 months and charges $400 as cost, with a strike price 5X away from current price.

    4. DegenX sees the OTC deal from Capo. He figures AI tokens will 20x in 6 months time since its a bull season. Even if the cost is double the current value of the $NEWAI bags, the strike price which is just 5X away can leave room for profit. DegenX sees a good chance to pocket all gains when the token price for $NEWAI goes above the strike price.

    5. DegenX pays $400 to Capo for the call option on the $NEWAI bags. Capo receives that money, withdraws and uses it as extra liquidity to buy more $NEWAI tokens on Uniswap.

    6. In 6 months time, $NEWAI is now 30X. The bags are now worth $6000. DegenX paid only $400 for the call option, all gains from the time the strike price was crossed, to current price, belong to DegenX. Capo only gets the difference and the $400 cost paid when hedge was bought.

    7. Capo on the other hand had received $400 when his call option was bought, and used it as extra liquidity to buy more $NEWAI tokens. That $400 also increased in value 30X.

    Win -win for DegenX and Capo.

    05.
    How it works

    This is an OTC protocol, that accepts deposits of any ERC20 and then allows you to write a Hedge or Loan request using those ERC20 tokens as underlying assets or collateral.

    Step 1: Deposit desired ERC20 tokens into protocol.

    Step 2: Go to the dApp OTC marketplace, write: Options, Equity Swaps, Loans.

    Step 3: Once created it then appears on the OTC timeline, which displays all deal cards in real time. Wait for someone to come and buy the deal on offer.

    Step 4: On expiry, the deal is settled either by the parties, or mined by third party miners. The proceeds are credited to the deposit balances of each party.

    Step 5: Write or buy some more, or simply withdraw proceeds to your wallet.

    User Guide 
    06.
    Screens

    Screenshots of our Dapp interface.

    Why OTC?

    ERC20 standard legacy support. This is a simple approach to a very basic need. The solution needed to be direct in addressing the issues investors face with risk management & unlocking liquidity from their ERC20 tokens.

    At the inception of this project, most developers were focused on bulding the most cutting edge new technology, whilst overlooking the opportunity to develop basic solutions for basic needs.

    We built the protocol from the ground up, customizing every function to create a powerful core, which we can then add new features onto by simply intergrating more smart contract modules.

    This simple approach to development enables us to leverage new technologies like AI in bulding more features into the protocol.

    For instance, leveraging AI smart contract protocols, we can enable users to write their custom functions using AI generators and implement them in their OTC trades. All this can be built on top of our core protocol.

    Custom made OTC solutions cover the basic fundamentals first, then evolve as new features are added on top of the base layer. Case in sight; Uniswap protocol in 2017, versus Uniswap protocol in 2024 and beyond.


    Lead Developer