# NEON Vault

The NEON Vault is a storage vault for the auction. Since tokens are needed each day to reward the perpetual auction participants the Vault is responsible for holding the NEON tokens used in each day's auction.&#x20;

The Auction Protocol is designed to provide an alternate option (arbitrage opportunity) for users to get NEON tokens while helping support the foundation of NEXION.&#x20;

After day 10 the NEON Vault becomes the exclusive source of NEON tokens available for auction where each day 20% of the Vault Supply is auctioned off.\
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