The Path Forward for Neutrino
In recent years, Neutrino has been through some tough times. The USDN de-pegging from USD was a major blow, and even after nearly exhausting the treasury in attempts to restore the peg (now XTN), those efforts fell short. What was once a flagship DeFi product on Waves now struggles, with many considering it no more than a “meme coin.” But tough times are when communities shine the brightest, and together, we have the chance to rebuild Neutrino from the ground up. Here’s a roadmap I believe reflects what our community envisions for the future.
New Directions and Opportunities
One of the latest developments for Neutrino is the Megapool (WIND), created in partnership with Puzzle Swap as an index of Waves tokens. While this is a strong product idea, the low liquidity on Waves makes it less visible to the wider crypto market. Yet, this concept of a token index is still very promising. There’s an opening here because no other protocol has fully tapped into a multi-network index product in crypto. Neutrino could take the lead by creating indices for other big networks like Ethereum, Solana, and TON.
Imagine having a Neutrino index on each of these major networks, each holding their top 5–10 tokens. For instance, an ETH Index could include ETH, BTC, BNB, SOL, and LDO. This would let users easily exchange between top tokens within each index, much like how stock indices (S&P 500, Dow Jones) work in traditional markets. These indices could perform well through market ups and downs, giving users a simple, all-in-one way to invest in these assets while also helping Neutrino gain some of their market share.
Additionally, the recent launch of the Units Network could provide even more opportunities. As Units Network matures, we could introduce an index for its chains as well, expanding Neutrino’s reach and increasing visibility across a growing ecosystem.
Revenue and Governance
Neutrino DAO could hold a stake in these indices rather than just doing a one-time airdrop, earning ongoing fees from their issuance and trading, and managing them through community governance. This setup would support Neutrino’s and Waves’ long-term growth, allowing the protocol to generate revenue sustainably.
This approach could get Neutrino and Waves out of their current situation and set the stage for meaningful, lasting success. I’d love to hear your feedback and any other ideas to make this plan even stronger.
Let’s make Neutrino the SHIT again! 
