Performances
RD Popularity Index
RD Growth Index
Comparison
Follow Updates
Follow Lists
People
About NEO
NEO is an onchain vault protocol on Robinhood Chain, unrelated to the NEO public blockchain (Neo N3, which uses dBFT consensus). The vault holds tokenised QQQ and sets a QQQ-denominated redemption floor per NEO, aimed at holders wanting downside protection, a defined exit price or collateralised borrowing, and addresses the lack of verifiable value backing and exit routes in meme assets.
The contracts are immutable; trading routes part of the assets into floor backing through a ladder mechanism, redeemed tokens paid out by the vault are burned and the floor can only rise, and holders can loop around the floor or borrow against it at the floor price with no interest or liquidation line by design. The floor is denominated in QQQ rather than a dollar guarantee and redemptions are limited by the QQQ available in the vault; floor and backing figures are read directly from Robinhood Chain contracts. The project launched in 2026, a third-party market page records a price high on 18 September 2026, and the vault and contracts remain live onchain.
Milestones: NEO, launched on Robinhood Chain on September 17, is backed by tokenized QQQ with a redeemable floor, permanent burns and immutable contracts; Ourbit listed NEOFUN/USDT in its Innovation Zone on September 19.
Price action: After an all-time high of $0.009374 on September 18, the token fell to a low of $0.002742 on September 23, a drawdown of about 71% from the peak.
NEO went live on Robinhood Chain in September 2026 with a redeemable floor backed by tokenised QQQ, non-upgradeable core contracts and a permanent burn mechanism; on 19 September NEO opened NEOFUN/USDT deposits, withdrawals and trading in Ourbit's innovation zone.
NEO's on-chain vault holds QQQ, trading activity routes part of the proceeds into floor backing through a ladder mechanism, and redeemed or protocol-acquired tokens are burned, so supply and backing contract together.
Future strategy and roadmap: On the roadmap, NEO plans to scale the QQQ reserve and redemption channels, add more tokenised assets on Robinhood Chain, and gradually hand floor ratios and burn cadence to community governance.