Introduction

This document provides an introduction to Neptune, a Liquid Staking Protocol (LSD) designed for OAS.

Neptune is inspired by Lido, an LSD protocol for ETH. Similar to Lido and other LSD protocols, Neptune allows users to stake (delegate) OAS to validators, thereby securing the network and earning staking rewards, while also unlocking liquidity on staked OAS, which would otherwise be restricted. For each OAS staked, holders receive a specified amount of stOAS (staked OAS) tokens. These stOAS tokens can then be traded, lent, or staked on DeFi platforms like GamingDEX. Additionally, stOAS tokens may be sold or redeemed on Neptune to convert them back to OAS if needed.

t the time of this document's writing, the OAS ecosystem does not have an LSD solution, representing a missing component for Oasys, a DPoS chain. The release of Neptune will allow the Oasys ecosystem to meet a broader range of user needs.