Noon

Noon is a revenue-generating stablecoin protocol that ensures the maximum value is directed towards users. The initial return, which is 80% of the deployment profits, will go to the holders of the staked stablecoin (sUSN). 10% will be allocated to the insurance fund—unutilized funds will be returned to the staking governance token (sNOON). Another 10% is used to cover operating costs (as well as any excess funds that flow into the insurance fund).