What is Pixie Dust?

Neverland is a decentralized lending protocol on Monad. It was designed to improve capital efficiency, yield generation, and governance flexibility, using standard supply-and-borrow markets based on a secure lending framework. The system includes automated looping strategies and self-repaying loans.

The protocol redistributes 100% of protovol revenue through governance. Transferable vote-escrow governance locks, called veDUST, allow holders to direct rewards, buybacks, and liquidity incentives. Users can manage assets, borrow, participate in governance, and access efficiency-focused automations within one system.