Neutrino Index Token

XTN (formerly USDN) represents the distressed remnants of a failed algorithmic stablecoin on the Waves blockchain, currently undergoing financial restructuring rather than active technological development. The project scores critically low across all metrics. Technical development is negligible, with code repositories flatlining and no active roadmap beyond 'ecosystem recovery' efforts to manage bad debt. Community support is virtually non-existent, dominated by negative sentiment from investors who suffered significant losses during the token's catastrophic de-peg from the US Dollar. Tokenomics are fundamentally compromised; the asset now functions as a speculative 'index' token backed by an undercollateralized basket of Waves ecosystem assets, trading ~98% below its original target value. Market utility is restricted to a closed loop within the struggling Waves DeFi sector. Furthermore, the team's credibility has been severely damaged by the economic collapse of the predecessor protocol and accusations of centralized mismanagement, while security is marred by the historic failure of the underlying economic model. XTN effectively operates as a 'zombie' asset with no clear path to sustainable utility or adoption.