Nero is an elegant superstructure that allows for the borrowing of any asset against the on-chain true origin of assets or a collection of assets. Nero is autonomous and cutting-edge across three pillars: dynamism, stability, and savings.
The Nero protocol employs nonlinear adaptive control theory to automatically output the optimal borrowing interest rate. Additionally, all risk parameters—the base interest rate, closure factor, LTV threshold, liquidation penalties, etc.—are dynamically calculated based on the composition of your collateral debt position.