# Why Neverland is Different

## Inheritied core mechanism of Olympus

 **Neverland** is a fork project of Olympus, the most successful decentralized reserve currency protocol. The core value of Olympus is that it perfectly backs the intrisic value for its token, 1 DAI per OHM. It is due to the mathmatical logic behind its smart contracts.

 Neverland inherited the core value of Olympus thus it can back the intrinsic value of the native token. Basically, **Neverland** only mints the native token, **HOOK**, based on the logically calculated value of the assets that is transferred to the treasury. This makes the backing logic for the intrinsic value perfectly matches to/above 1 KUSDT.

## Superiority of treasury assets

 On the other hand, **Neverland** receives LP tokens for minting assets which makes superior point over other similar projects. LP tokens have more advantages in most cases over single token.

### Stable LP

 In case of stable LP, the value of the asset is same as single token but it can be used for farming on other yield farming project. This prevents the protocol to sell the native tokens for marketing and development budget.

### Major + Stable token LP

 With the same aspect of stable LP, **Neverland** will mint **HOOK** for 50% of the asset value when assets consist of major + stable token LP such as KETH - KUSDT deposited to the treasury.

 It has 2 points to focus, better price resistence and higher APY. It can back the intrinsic value until the price of the major token drops 75%. Additionally, it can make **Neverland** provide higher APY than Olympus since it doesn't mint its native tokens on the deposit of assets with market volatility.

## Aggressive Investment

 Due to its unique treasury assets and minting mechanism, Neverland will have 50% of excess reserve assets from the non-stable, non-HOOK LP assets. Thus, Neverland would use 3% of the treasury assets for marketing and development, and will potentially utilze the excess reserve for internal/external investment and return the profit to the treasury to make it back HOOK token in stronger way.