Noon

Noon intelligently allocates across a basket of safe and secure, delta-neutral strategies to maximise “through-cycle” yield for our users. Why? Because our goal is to be your base currency - the equivalent to cash in your wallet or your native currency in your bank account - that you hold and spend. A dual-purpose asset which is both liquid and generates yield.

We don’t want you to worry about optimising your returns on your base currency. It sounds painfully time-consuming to:

Have to switch your liquid assets into funding-rate backed stablecoins when the funding rate is high

Then re-allocate to treasury-bill backed stablecoins when funding rate drops in a high-interest environment

And later, perhaps cycle into a third asset when neither of the above are generating reasonable returns

Rather, you should be able to “set it and forget it”. Your base currency, in this day and age, should be able to generate stable yield without any management from you. In other words, it should be able to intelligently switch between a basket of delta-neutral strategies and generate the highest, low-risk yields possible in all market conditions. And you ought to be able to use this currency, while it continues to generate yield, to borrow against, to spend, invest, or generate yield in some other way.

This is precisely what we have built at Noon. Our users – you – can use our stablecoin (USN) or yield-bearing staked stablecoin (sUSN) to simultaneously (a) earn returns, and (b) continue to spend or invest onwards as traditional currency. Those with a low-risk appetite can simply hold USN / sUSN and accrue the yield - and those with higher return targets and / or a higher risk appetite can use it across web3 to compound their gains.

Currently, we intelligently allocate across the U.S. Treasury Bills and the Funding Rate Arbitrage deployment strategies, as these are the best-understood delta-neutral strategies available at scale. Over the coming months, we will introduce a variety of new safe, secure delta-neutral strategies to deploy potions of our collateral into - truly giving our users reassurance that our deployment strategies will outperform safely in any market.

We've just recently added CLO as a new asset class with our new risk framework: https://forum.noon.capital/t/risk-assessment-jaaa-clo/25/6 and the article: https://mirror.xyz/nooncapital.eth/casQLCJAuXQz8gKq1L6mcOcx2_Luxf3ZD-u-qigU3Kk