# Latest **URL:** https://forum.noon.capital/latest.md [Latest](https://forum.noon.capital/latest.md) · [Categories](https://forum.noon.capital/categories.md) · [Tags](https://forum.noon.capital/tags.md) --- ## [Welcome to Noon Governance Forum! 👋](https://forum.noon.capital/t/welcome-to-noon-governance-forum/5)
**Author:** [@system](https://forum.noon.capital/u/system)\ **Replies:** 2\ **Last updated:** [June 2, 2025, 5:21am UTC](https://forum.noon.capital/t/welcome-to-noon-governance-forum/5 "2025-06-02T05:21:57Z")
We are so glad you joined us. Noon Governance Forum Where we gather to discuss the intelligent and fair yield-generating stablecoin. Here are some things you can do to get started: :speaking\_head: Introduce yourself … --- ## [Bridge Reconciliation Mechanism: Process Overview and Recovery Log](https://forum.noon.capital/t/bridge-reconciliation-mechanism-process-overview-and-recovery-log/107)
**Author:** [@FilipeNoon](https://forum.noon.capital/u/FilipeNoon)\ **Replies:** 3\ **Last updated:** [August 10, 2026, 9:27am UTC](https://forum.noon.capital/t/bridge-reconciliation-mechanism-process-overview-and-recovery-log/107 "2026-08-10T09:27:08Z")
Summary This topic is the permanent public record for every reconciliation executed under the bridge message reconciliation mechanism approved by community vote on 27th May 2026. Each affected bridge message gets its ow… --- ## [Risk Assessment: Basis Trading](https://forum.noon.capital/t/risk-assessment-basis-trading/101)
**Author:** [@FilipeNoon](https://forum.noon.capital/u/FilipeNoon)\ **Replies:** 1\ **Last updated:** [July 29, 2026, 4:54pm UTC](https://forum.noon.capital/t/risk-assessment-basis-trading/101 "2026-07-29T16:54:39Z")
Risk Assessment: Basis Trading Strategy class: Basis Trading Initial deployment: HYPE on Hyperliquid Initial Venue: Hyperliquid What is Basis Trading? Basis trading is a delta-neutral strategy in which Noon buys an as… --- ## [Proposal: Bridge message reconciliation mechanism](https://forum.noon.capital/t/proposal-bridge-message-reconciliation-mechanism/100)
**Author:** [@FilipeNoon](https://forum.noon.capital/u/FilipeNoon)\ **Replies:** 0\ **Last updated:** [May 7, 2026, 2:46pm UTC](https://forum.noon.capital/t/proposal-bridge-message-reconciliation-mechanism/100 "2026-05-07T14:46:41Z")
TL;DR We’re proposing a narrow, timelocked reconciliation mechanism scoped exclusively to unrecoverable bridge message failures. This does not create a general minting, withdrawal, or recovery authority over user funds. … --- ## [Governance Proposal – Delaying Transferability Launch and Rationale](https://forum.noon.capital/t/governance-proposal-delaying-transferability-launch-and-rationale/96)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 0\ **Last updated:** [January 28, 2026, 9:48pm UTC](https://forum.noon.capital/t/governance-proposal-delaying-transferability-launch-and-rationale/96 "2026-01-28T21:48:13Z")
Hi Noon fam, We understand there’s some confusion about the date $NOON would be transferable (and $sNOON would be able to be unstaked). We apologise for this - our communications will be better and clearer going forward… --- ## [Update on $NOON Transferability Launch Timeline](https://forum.noon.capital/t/update-on-noon-transferability-launch-timeline/89)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 4\ **Last updated:** [December 14, 2025, 11:53am UTC](https://forum.noon.capital/t/update-on-noon-transferability-launch-timeline/89 "2025-12-14T11:53:44Z")
Hey Nooners, We’ve been doing a lot of thinking about the best way to launch our governance token ($NOON), and we wanted to bring you into the conversation. Here’s the thing, we’re in a pretty unique position. We don’t… --- ## [Risk Assessment: Looping](https://forum.noon.capital/t/risk-assessment-looping/87)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 0\ **Last updated:** [October 18, 2025, 2:35pm UTC](https://forum.noon.capital/t/risk-assessment-looping/87 "2025-10-18T14:35:09Z")
Platforms: Aave (potentially expanding to Euler and/or Morpho later) Underlying assets: Stablecoins (e.g. USDT, USDC, USDe) and Principal Tokens (PT-USDe and PT-sUSDe) for now. What is Looping? Looping strategies invol… --- ## [Risk Assessment: Evaluating buying Principal Tokens](https://forum.noon.capital/t/risk-assessment-evaluating-buying-principal-tokens/85)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 5\ **Last updated:** [September 17, 2025, 9:09am UTC](https://forum.noon.capital/t/risk-assessment-evaluating-buying-principal-tokens/85 "2025-09-17T09:09:14Z")
Asset class: Principal Tokens (PTs) Platforms: Pendle (preferred), Spectra (optional) Underlying assets: USDe, sUSDe (to start). Optionally adding other high-quality protocols with strong liquidity. What is PT Buying? … --- ## [Risk Assessment: DeFi Lending](https://forum.noon.capital/t/risk-assessment-defi-lending/82)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 6\ **Last updated:** [September 10, 2025, 12:12pm UTC](https://forum.noon.capital/t/risk-assessment-defi-lending/82 "2025-09-10T12:12:37Z")
Asset class: DeFi Lending Assets/Platforms: Morpho (preferred), Euler (select pools, liquidity permitting) What is DeFi Lending? DeFi lending protocols (e.g., Aave, Euler, Morpho) enable over-collateralised, on-chain … --- ## [Risk Assessment: Business Development Companies (BDCs)](https://forum.noon.capital/t/risk-assessment-business-development-companies-bdcs/59)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 12\ **Last updated:** [July 22, 2025, 2:06pm UTC](https://forum.noon.capital/t/risk-assessment-business-development-companies-bdcs/59 "2025-07-22T14:06:30Z")
Asset class: Business Development Companies (BDCs) Assets: GSBD – Goldman Sachs BDC, BCSF – Bain Capital Specialty Finance, GBDC – Golub Capital BDC What are BDCs? Business Development Companies (BDCs) are publicly trade… --- ## [$NOON: A non-transferable TGE](https://forum.noon.capital/t/noon-a-non-transferable-tge/51)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 2\ **Last updated:** [July 8, 2025, 9:45pm UTC](https://forum.noon.capital/t/noon-a-non-transferable-tge/51 "2025-07-08T21:45:26Z")
We discussed a foundational decision: Should $NOON governance token be transferable at launch? In a previous proposal, we outlined the case for launching the $NOON governance token as non-transferable. Since then the co… --- ## [Risk Assessment: F-TAC (Private Credit)](https://forum.noon.capital/t/risk-assessment-f-tac-private-credit/52)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 4\ **Last updated:** [June 30, 2025, 10:55am UTC](https://forum.noon.capital/t/risk-assessment-f-tac-private-credit/52 "2025-06-30T10:55:48Z")
Asset class: Private Credit Fund What are Private Credit Funds? Private credit funds are investment vehicles that lend directly to borrowers—such as small businesses, real estate developers, and fintech lenders—outside o… --- ## [Risk Assessment: JAAA (CLO)](https://forum.noon.capital/t/risk-assessment-jaaa-clo/25)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 7\ **Last updated:** [June 24, 2025, 3:26pm UTC](https://forum.noon.capital/t/risk-assessment-jaaa-clo/25 "2025-06-24T15:26:56Z")
Asset class: CLO 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 institutio… --- ## [Token Transferability: Should $NOON gov token be transferable at TGE?](https://forum.noon.capital/t/token-transferability-should-noon-gov-token-be-transferable-at-tge/36)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 15\ **Last updated:** [June 10, 2025, 9:10pm UTC](https://forum.noon.capital/t/token-transferability-should-noon-gov-token-be-transferable-at-tge/36 "2025-06-10T21:10:40Z")
We are discussing a foundational decision: Should the Noon governance token be transferable at TGE? This is a nuanced topic with technical, strategic, and community implications. We encourage all participants to read th… --- ## [Noon's Community Guidelines](https://forum.noon.capital/t/noons-community-guidelines/19)
**Author:** [@ctrlaltf](https://forum.noon.capital/u/ctrlaltf)\ **Replies:** 0\ **Last updated:** [May 20, 2025, 5:48pm UTC](https://forum.noon.capital/t/noons-community-guidelines/19 "2025-05-20T17:48:42Z")
:globe\_with\_meridians: Noon.Capital Community Guidelines Welcome to the Noon.Capital Community — the official forum for discussions around noon.capital, app.noon.capital, our broader vision for a fair DeFi and your parti…