# Noon Capital > The intelligent and fair yield-generating stablecoin Noon provides a yield-generating stablecoin system maintaining USD peg through intelligent capital allocation across delta-neutral strategies. Noon operates a stablecoin protocol implementing automated yield generation through delta-neutral deployment strategies. The system features USN, a USD-pegged stablecoin, and sUSN, its staked yield-bearing variant. Users mint USN using USDT or USDC collateral, with the protocol distributing over 90% of generated returns to participants through a combination of raw yields and governance token rewards. - Type: Company - Sector: Finance - Status: Active - Founded: 2025-01-01 - Profile: https://thegrid.id/profiles/noon_capital ## Products - [Noon Protocol](https://thegrid.id/profiles/noon_capital): A stablecoin protocol implementing automated yield generation through delta-neutral strategies and intelligent capital allocation. (Stablecoin Issuer, Open Beta, Main Product) ## Assets - [USN (USN)](https://thegrid.id/profiles/noon_capital): USN is a USD-pegged stablecoin issued by Noon Protocol. It is used as the base asset for minting sUSN, a yield-bearing staked variant, and can be redeemed 1:1 for the underlying collateral. Every token is backed by USDT, USDC, or short-term US Treasury Bills held in custodial wallets, with the protocol deploying reserves into delta-neutral strategies to generate yields distributed to stakers. (Stablecoin) - [NOON (NOON)](https://thegrid.id/profiles/noon_capital): NOON is the governance token of Noon Protocol. It can be staked to receive sNOON, which grants holders voting rights on protocol decisions such as adding new deployment strategies. Any excess funds from the Noon Insurance Fund are used to buy back NOON, and after three months, unused funds are distributed to sNOON holders. (Governance) ## Links - [Main](https://noon.capital) - [Documentation](https://docs.noon.capital) - [Blog](https://mirror.xyz/nooncapital.eth) - [Privacy policy](https://noon.capital/privacypolicy) - [Terms of Service](https://noon.capital/terms-and-conditions) - [Twitter / X](https://x.com/noon_capital) - [LinkedIn](https://linkedin.com/company/Noon Capital) - [Telegram](https://t.me/nooncapital) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP