NEO chain
Overview
NEO is a blockchain platform for building decentralized applications and issuing digital assets. It uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and supports multiple programming languages. The network employs a dual-token model with NEO (governance) and GAS (utility for transactions and smart contract execution).
Within the DeFi Intel graph, NEO connects to 2 tracked entities, most strongly to Tether USD, Flamingo Finance.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Tether USD | 95% |
deployed_on | Flamingo Finance | 90% |
Frequently asked questions
What consensus mechanism does NEO use?
NEO uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism.
What is the dual-token model of NEO?
NEO uses a dual-token model with NEO for governance and GAS as a utility token for transactions and smart contract execution.
Which projects are deployed on NEO?
Tether USD and Flamingo Finance are deployed on NEO.