Minter Network – Telegram
Minter Network
8.53K subscribers
202 photos
8 videos
579 links
Minter is an ultra-fast and robust cross-chain DEX with in-core AMM and order book powered by its own Layer-1 Blockchain.

https://www.minter.network/bip
Download Telegram
Below is a link to our thread on the legendary Bitcointalk forum:
https://bitcointalk.org/index.php?topic=5166420
👌🏻 Yesterday, the volume of trades executed on #MBANK—which was launched on July 15, 2019—has crossed the $1M mark.
Join Eugene Gordeev's (co-founder of Minter) channel – https://news.1rj.ru/str/egordeev
As soon as this fall, #MBANK will roll out the following features:
– Purchase of any coin with a bank card, with the compensation coming from DAO funds
– Referral system for each order from the book (up to 10%)
– Limiting the sell order volume to a minimum of 100,000 BIP to support other exchange systems
– Enabling projects authorized via MinterScan to sell their BIP at the official price ($0.32) (members of the first pool will be selected by September 1, 2019)

Each feature will be presented in detail.

P.S. The sell order volume has already been limited to a minimum of 10,000 BIP. Pay careful attention to the information on https://bip.dev before you send your BIP.
#MBANK sets three short-term goals:
– Buying: Enabling users to quickly sell their BIP at a market price
– Cards: Enabling users to buy projects’ coins with a bank card
– Price stabilization: Purchasing any amount of BIP through a single API

P.S. The sell order volume has been limited to a minimum of 100,000 BIP. All orders containing less than 100,000 BIP have been canceled, and funds have been returned to the corresponding addresses.
After numerous attempts, we finally managed to bring Monke to the TestFlight.
It is a small step for mankind—but a stride forward for us, meaning there actually is a way to work with Apple. We’d be grateful if you could test our app and provide your feedback!

https://testflight.apple.com/join/cdJ9pSIj
#MBANK is the only place in our network where one can purchase any amount of BIP—from $1 to $1,000,000, no kidding!—for BTC at a fixed price. The price represents a consolidated offer from the largest participants of the Minter network, or so-called “whales.”

https://bip.dev

With MBank, you can buy BIP 24 hours a day, seven days a week, from anywhere in the world, and with no need to sign up or wait more than a couple of seconds. All you need to do is specify your Minter address (starts with Mx…) and get a unique link for depositing Bitcoin.

The price is guaranteed by the network, and you are hedged against fluctuations even if a Bitcoin transaction takes a whole day to confirm. Your minimum volume is secured once the transaction has gotten into the mempool. But there’s also a pleasant surprise . . .

#MBANK collects all the most appealing offers on the market for you. That is why, in most cases, you receive 20–25% more than the anticipated amount.

The reason is simple: you fill sell orders priced lowest first, gradually moving upward to the average price that is indicated on the website. Remember: you will never pay more than the indicated price as of the moment you send Bitcoin.

Almost all major projects on the Minter network have already started buying with #MBANK: among them are coins such as Golden and Zero, validators such as MPro and Four, and even suites of services such as Enlightenment Group!

Unwilling to risk significant sums, they all choose to trust reliability, speed, and large volumes on #MBANK!
A beta version of #MBANK will launch a mechanism for buying and selling BIP at the official price, for which top 100 delegators will be voting using the #COIN coin. Also with this coin, delegators will be voting for the top projects to be granted the right to sell BIP on #MBANK.

For buyers, the mechanism will not be much different from what is observed today—one sends BTC and gets BIP in return. In the new version though, all BIP purchased via #MBANK will be counted, and users will be able to sell that very amount at the highest priority. The logic is simple: if you buy here, you might as well be the first to sell here.

Top 100 delegators will be the second most-prioritized layer. Every day, they will have to vote for the price and for the best project, thus receiving the right to place any amount for sale. Eventually, their BIP will be sold proportionally to their stake. If a delegator does not vote or place an order, their slot will be given to the Projects layer. That is reasonable: not all delegators will be willing to sell on a daily basis.

Top 10 projects (the number will be extending) with karma’ed addresses and delegators’ votes will be able to place sell orders of any volume. The coins will be sold proportionally to the votes cast in favor (according to the size of the voter’s stake).

The next layer is Team, and after it—if no one is willing to sell—DAO.

The order book of the alpha version will be disabled, but anyone will be able to place a sell order through a direct link and request BTC in exchange or sell custom coins with payments via BTC, other major cryptocurrencies, or bank cards. For scam prevention purposes, only top projects with karma will be allowed to sell custom coins.

Now then, what will the beta include?
– Price voting by top 100 delegators
– Project voting by all participants of the network
– Fast entry and exit for anyone who prefers MBank as a primary exchange spot
– Top 100 delegators selling proportionally to their stake (payouts once every 24 hours)
– Top 10 projects selling proportionally to the votes cast in their favor (payouts once every 24 hours)

What do I do?
– If you are a user: buy and sell through #MBANK
– If you are a delegator: increase your stake, vote for the price and projects, sell proportionally to your share
– If you have a project: sell BIP proportionally to your votes; sell custom coins to your clientele who will pay using a bank card

Haven’t reached the list of top 100 delegators or top 10 projects? Don’t plan to create your own coin or buy anything on #MBANK? The answer is, wait for the instant conversion feature that will be delivered by Liquidity Providers right into your wallet. You’ll be able to choose a currency, provide your bank details, and withdraw the funds. Already today, as many as three Providers have started integration with our resources to implement instant conversion operations.
🏆 The winners of @MinterContestBot will be drawn at 6 PM UTC today. Hurry up, now is the last chance to join!
The contest will proceed as follows:
1. 500,000 BIP will be drawn and sent to winners today, on August 31.
2. Throughout September, all accounts that have signed up to take part in the contest will be checked via automated tools, which will allow us to block cheaters and bots. The system will ask you to answer a couple of questions should your account seem suspicious. We kindly ask you for your understanding if such a situation occurs.

Among those participating, there are hundreds of thousands of people. And, perhaps, robots.
The main prizes will be drawn live at 6 PM UTC tonight. Watch: https://youtube.com/watch?v=LwmcF4XmzVk

The full list of addresses participating in the contest is available here.
Media is too big
VIEW IN TELEGRAM
For all of our friends from India! Minter review in Hindi! Thanks to @devil7748

https://www.youtube.com/watch?v=9UVVtQvHARM
What is your role?
Anonymous Poll
17%
Developer
80%
User
4%
Liquidity Provider
The #SCAM Coin

We created the #SCAM coin. In the upcoming week, we will distribute it among top validators who will then be able to mark malicious addresses at their own discretion. The addresses of validators themselves will not possess the mark (a lifetime whitelist); they will just act as storage for the coin. Over time, the top 100 delegators will also receive #SCAM to be further transferred to the actors engaged in wrongdoing.

The coin does not have any value, and votes flow only in two directions: Team address -> Validator/Delegator -> Scammer. This means that any address that will get #SCAM from validators and top delegators will be automatically added to the blacklist to be shared with all Liquidity Providers.

#SCAM can be sent in any amount, and its weight depends exclusively on the share of the validator or stake of the delegator. Meaning if someone flags your address but their stake is insignificant, the trust to such a reaction will be close to zero. And vice versa: 0.01 #SCAM from the BTCSecure-level validator can put operations of a particular address to an end.

We want to stress the fact that the network itself does not limit the actions of the addresses. What it does, though, is highly recommend that the community does not cooperate with a given actor.

Those who thought we had the Wild West here have certainly set their time machine for a wrong period.

If you remember, we initially had an idea to label illicit addresses with #KARMA, but we eventually decided to introduce a specific coin for straightforward scams. With it, no one will make a mistake spotting such an account.

===
Below are two use case examples:
https://explorer.minter.network/transactions/Mte70969a0dd1ec03f3fc91060a13f67743462a8e6081f1713fa6ce5e49564e264
https://explorer.minter.network/transactions/Mtc8e3dccb0c1e5a39e08b947a12a0573d53ae1a896dcbb67b0daac03083d887e0
DYOR, which stands for “Do Your Own Research,” must be the only guiding principle for anyone in the blockchain space. Below is the story of one particular scam coin on the Minter network, and one particular man who suddenly decided to take responsibility for its creation. Take a read so that you don’t fall for such fraudulent schemes, ever.

https://medium.com/@MinterTeam/nikita-kolmogorov-scammer-fraudster-or-just-an-attention-seeker-af08c16aa904
BIP Banker

If you have been looking to quickly buy or sell BIP right in your Telegram, https://news.1rj.ru/str/BIP_Banker_bot is a perfect choice.

Every day, thousands of users execute hundreds of trades there!

#projects #bot #lp
Initial Minter Offering

Many of us have felt FOMO, or “fear of missing out,” after the launch of a new coin. Sometimes, what a new asset brings is not positive emotions but rather a disappointment: whales stock up while speculators dump in their pursuit of quick money.

Organized by validators—the acknowledged pillars of our community—IMOs will solve a problem for all of those people who would like to take part in the start of a new project in a quick and safe way.

IMOs will have three stages:
1. A project releases the documentation and reveals all details;
2. A validator publishes terms of participation and the address to which prospective users of the project will send their coins. Fundraising begins;
3. A validator issues a coin, later distributing it among all participants—including founders. Next step: trades are executed as usual, through the simple conversion via Wallet.

Validators can also act as a trusted third party, i.e., hold the founders’ coins until the latter have fulfilled some specific terms of participation.

In the first-ever IMO, the CAT validator (supported by Minter One) plans to launch its own coin under the ticker symbol CAT. Announcements will follow in the coming days.

If projects such as TIME and ZERO were to lead their own IMOs, more users would gain access to the coins on favorable terms. Besides, the scam issue is also almost resolved as validators would never risk their reputation.

By the way, CAT will be the first validator to operate in both Minter and Telegram Open Network.

#IMO
Forwarded from MinterPay.com
Minterpay is a payment system for the integration of BIP payments to your website. This is useful not only for online shops but also for any fundraising purpose.

Minterpay has almost zero-time install. Moreover, you won’t need knowledge of web-programming at all. Register your account, get the embed code for your website (it’s just a simple button with some data-attributes) and get your payments today.

The integration process is briefly described here:
https://minterpay.com/site/integrate

You can specify any of the 36 supported currencies for your payment buttons. Currency rates for BIP are calculated by the exchange rate on bip.dev and the cross-rates of the Central Bank of Russia.
Exchange rates (https://minterpay.com/payment/exchange) are recalculated approximately once in half an hour. You will be able to specify an additional fee in the settings of your online shop, which will be added when converting amounts from fiat currencies to BIP. However, it’s better to specify amounts in BIP, that’ll be the exact amount of BIPs which will come into your shop’s wallet after successful payment.

We’re doing our best to make it convenient for users to pay their bills through our service.
Minterpay shows QR codes of payment wallets (fresh unique wallet is created for each new payment) and even returns the change if the buyer overpays :-)

If you like our project, don’t hesitate to donate us a couple of BIPs:
https://minterpay.com/donate
We invite everyone who knows Spanish to join our Hispanic community!

Channel
Group