Subscribe to Noon
Noon$NOON: A Governance token with real returns
At Noon, we believe governance shouldn’t just be a responsibility—it should be rewarded. Protocols are complex systems that need constant tuning, and those who participate in shaping them deserve to see value in return. That’s why we’ve designed $NOON and $sNOON not just as tokens of participation, but as vessels of long-term value creation. While most governance tokens offer a say in decision-making—and, implicitly, the chance to benefit from token appreciation—we wanted to go further. At No...
NoonHow Noon Keeps Your Yield Safe: Three Layers of Insurance
At Noon, we don’t just care about returns. We care about your capital, and keeping it safe.In a world where DeFi promises high yields but can sometimes deliver high drama, we set out to make something different: a platform where your assets are secure, and your returns are safe, transparent, and reliable.Noon’s Safety Starts with Our StrategiesBefore we talk about insurance, let’s start with the foundation: our strategies. Every deployment at Noon is designed to minimize daily volatility whil...
Noon7 ways Noon is building the safest and most transparent stablecoin
Over the past two weeks, the stablecoin space has seen some controversy. According to recent reports, the TVL of some prominent stablecoin protocols appear to have been artificially inflated through recursive lending between themselves, a cycle where each protocol lends to the other using their own tokens as collateral. On the surface, that can make numbers look impressive. Underneath, it creates fragile, circular exposure, the very kind of hidden leverage that has caused collapses before. Th...
Noon$NOON: A Governance token with real returns
At Noon, we believe governance shouldn’t just be a responsibility—it should be rewarded. Protocols are complex systems that need constant tuning, and those who participate in shaping them deserve to see value in return. That’s why we’ve designed $NOON and $sNOON not just as tokens of participation, but as vessels of long-term value creation. While most governance tokens offer a say in decision-making—and, implicitly, the chance to benefit from token appreciation—we wanted to go further. At No...
NoonHow Noon Keeps Your Yield Safe: Three Layers of Insurance
At Noon, we don’t just care about returns. We care about your capital, and keeping it safe.In a world where DeFi promises high yields but can sometimes deliver high drama, we set out to make something different: a platform where your assets are secure, and your returns are safe, transparent, and reliable.Noon’s Safety Starts with Our StrategiesBefore we talk about insurance, let’s start with the foundation: our strategies. Every deployment at Noon is designed to minimize daily volatility whil...
Noon7 ways Noon is building the safest and most transparent stablecoin
Over the past two weeks, the stablecoin space has seen some controversy. According to recent reports, the TVL of some prominent stablecoin protocols appear to have been artificially inflated through recursive lending between themselves, a cycle where each protocol lends to the other using their own tokens as collateral. On the surface, that can make numbers look impressive. Underneath, it creates fragile, circular exposure, the very kind of hidden leverage that has caused collapses before. Th...
Subscribe to Noon
<100 subscribers
<100 subscribers
Share Dialog
Share Dialog
We’re evolving from a narrow set of yield strategies into a much more broader and holistic basket - which will allow us to eventually tap into every safe and stable source of yield available across all financial markets. As always, we have a commitment to transparency and will continue to make sure that you have a real voice at the table.Instead of just discussing this in a theoretical sense, we have chosen to use a live example to bring our process to life. So, together, let’s look at both our deployment strategy governance process, and the first new deployment strategy we will evaluate, Collateralized Loan Obligations (CLOs).
Before we dive in, a brief introduction to CLOs. CLOs are structured credit instruments backed by diversified portfolios of corporate loans. They’ve historically outperformed treasury bills with relatively low volatility, deep liquidity, and institutional activity. This makes them an attractive and logical next step for Noon Capital to explore as we scale yield generation while maintaining our security commitment. We will be specifically evaluating Janus Hendersen’s JAAA and JBBB CLO products.
Note: Additional resources on CLOs can be found here, information on Janus Hendersen can be found here, details on JAAA and JBBB can be found here and here, respectively.
We’re not jumping in blindly. Every new strategy must pass through a rigorous four-phase pipeline, including a risk assessment framework that will now become a regular part of our public intelligence sharing.
Here’s how we evaluate any new yield-generating opportunity:
We start by screening for strategies and asset classes that:
Offer diversified risk-adjusted returns, relative to other strategies and asset classes in our basket
Are liquid, relative to our current needs
Can be programmatically accessed and monitored
Fit within a crypto-native or tokenized future
In our working example, CLOs fit all these criteria.
This blog post is the first of many in which we’ll share our internal process for risk assessment. The framework includes:
Market Risk: Is there a strong correlation between CLOs and the larger economy as a whole? How does this asset respond to interest rate cycles, credit tightening, or macro shocks?
Volatility Risk: What is the volatility associated with investing in CLOs? What are the maximum expected drawdowns, and what’s the expected return?
Credit Risk: For CLOs, we analyze the underlying loan pool, tranche structure, and manager quality.
Liquidity Risk: Can we scale in and out of positions quickly without affecting price or strategy integrity?
Counterparty Risk: What’s the infrastructure required to access this market? What third parties do we depend on?
Smart Contract Risk: In cases where tokenized versions of assets are involved, we assess the technical surface area.
This process ensures we have a clear understanding of downside protection before capital is ever deployed.
Continuing with our working example, a summary of our risk-assessment of CLOs can be found in our governance forum, here. At this stage, while we open the floor to comments and questions from our users, since our governance token is not yet live, we will be limited to comments and questions alone. Of course, this is exactly the reason our governance token exists - and after TGE, our governance tokens holders will be able to vote on whether to proceed with new strategies and asset classes.
Assuming the strategy / asset passes risk assessment, we define:
Maximum allocation limits based on internal capital and risk models
Entry and exit thresholds informed by spreads, liquidity, and yield curves
An asset allocation algorithm that continuously rebalances capital across competing strategies to optimise returns without overexposing the fund to any single asset class
For CLOs, this means deploying into high-quality senior tranches, tracking performance against real-time benchmarks, and modelling downside stress scenarios.
If our execution planning stage goes to plan, we will begin to test, at a small scale, deployment execution, reporting, monitoring, and all other elements required to scale deployment. And finally, if our tests confirm our prior findings, we’ll gradually scale the strategy and integrate it into our automated allocation engine.
We expect to have initial results by the end of this week.
As Noon Capital grows, so will our commitment to community-led strategy selection. In the coming months, we’ll open up this risk assessment and strategy selection pipeline to token holder voting.
Over time, we’ll transition from centralised intelligence to governance-based strategy approvals, giving our community a direct say in what we pursue next—be it real-world assets, more complex structured products, or on-chain primitives.
Our ambition is simple: to build the most transparent, intelligent, and risk-aware crypto-native yield-bearing stablecoin. CLOs are just the first - and in some ways, easiest, example for users to follow. We’ll continue publishing our decision frameworks, tradeoffs, and learnings—so our community grows in knowledge as we grow in assets.
Stay tuned. The next phase of Noon Capital is here.
Join our telegram communityFollow us on X
We’re evolving from a narrow set of yield strategies into a much more broader and holistic basket - which will allow us to eventually tap into every safe and stable source of yield available across all financial markets. As always, we have a commitment to transparency and will continue to make sure that you have a real voice at the table.Instead of just discussing this in a theoretical sense, we have chosen to use a live example to bring our process to life. So, together, let’s look at both our deployment strategy governance process, and the first new deployment strategy we will evaluate, Collateralized Loan Obligations (CLOs).
Before we dive in, a brief introduction to CLOs. CLOs are structured credit instruments backed by diversified portfolios of corporate loans. They’ve historically outperformed treasury bills with relatively low volatility, deep liquidity, and institutional activity. This makes them an attractive and logical next step for Noon Capital to explore as we scale yield generation while maintaining our security commitment. We will be specifically evaluating Janus Hendersen’s JAAA and JBBB CLO products.
Note: Additional resources on CLOs can be found here, information on Janus Hendersen can be found here, details on JAAA and JBBB can be found here and here, respectively.
We’re not jumping in blindly. Every new strategy must pass through a rigorous four-phase pipeline, including a risk assessment framework that will now become a regular part of our public intelligence sharing.
Here’s how we evaluate any new yield-generating opportunity:
We start by screening for strategies and asset classes that:
Offer diversified risk-adjusted returns, relative to other strategies and asset classes in our basket
Are liquid, relative to our current needs
Can be programmatically accessed and monitored
Fit within a crypto-native or tokenized future
In our working example, CLOs fit all these criteria.
This blog post is the first of many in which we’ll share our internal process for risk assessment. The framework includes:
Market Risk: Is there a strong correlation between CLOs and the larger economy as a whole? How does this asset respond to interest rate cycles, credit tightening, or macro shocks?
Volatility Risk: What is the volatility associated with investing in CLOs? What are the maximum expected drawdowns, and what’s the expected return?
Credit Risk: For CLOs, we analyze the underlying loan pool, tranche structure, and manager quality.
Liquidity Risk: Can we scale in and out of positions quickly without affecting price or strategy integrity?
Counterparty Risk: What’s the infrastructure required to access this market? What third parties do we depend on?
Smart Contract Risk: In cases where tokenized versions of assets are involved, we assess the technical surface area.
This process ensures we have a clear understanding of downside protection before capital is ever deployed.
Continuing with our working example, a summary of our risk-assessment of CLOs can be found in our governance forum, here. At this stage, while we open the floor to comments and questions from our users, since our governance token is not yet live, we will be limited to comments and questions alone. Of course, this is exactly the reason our governance token exists - and after TGE, our governance tokens holders will be able to vote on whether to proceed with new strategies and asset classes.
Assuming the strategy / asset passes risk assessment, we define:
Maximum allocation limits based on internal capital and risk models
Entry and exit thresholds informed by spreads, liquidity, and yield curves
An asset allocation algorithm that continuously rebalances capital across competing strategies to optimise returns without overexposing the fund to any single asset class
For CLOs, this means deploying into high-quality senior tranches, tracking performance against real-time benchmarks, and modelling downside stress scenarios.
If our execution planning stage goes to plan, we will begin to test, at a small scale, deployment execution, reporting, monitoring, and all other elements required to scale deployment. And finally, if our tests confirm our prior findings, we’ll gradually scale the strategy and integrate it into our automated allocation engine.
We expect to have initial results by the end of this week.
As Noon Capital grows, so will our commitment to community-led strategy selection. In the coming months, we’ll open up this risk assessment and strategy selection pipeline to token holder voting.
Over time, we’ll transition from centralised intelligence to governance-based strategy approvals, giving our community a direct say in what we pursue next—be it real-world assets, more complex structured products, or on-chain primitives.
Our ambition is simple: to build the most transparent, intelligent, and risk-aware crypto-native yield-bearing stablecoin. CLOs are just the first - and in some ways, easiest, example for users to follow. We’ll continue publishing our decision frameworks, tradeoffs, and learnings—so our community grows in knowledge as we grow in assets.
Stay tuned. The next phase of Noon Capital is here.
Join our telegram communityFollow us on X
No comments yet