TLDR Crypto · INNOVATION & LAUNCHES

NEO UNVEILS HIGHLY SECURE DEFI-FOCUSED EVM-COMPATIBLE SIDECHAIN IN HONG KONG

blockster.com2 min read

Summary from the TLDR Crypto newsletter

Neo announced a new EVM-compatible sidechain aimed at empowering developers to deploy smart contracts and expand DeFi use cases. The sidechain focuses on countering MEV attacks to maintain platform integrity and prevent user losses. Neo aims to offer a secure and reliable DeFi experience with transparency of transaction metadata and identity protection. The sidechain remains connected to the Neo Mainnet through Neo's native GAS token.