Minter Network – Telegram
Minter Network
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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
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🍁 Minter’s Month in Review—September 2021

Last month, the Minter team kicked off the Honee crypto wallet into alpha testing, updated the Minter blockchain, launched new farming programs, and did a huge amount of work on the new Taconet functionality and the upcoming Minter Hub upgrade.

https://minterteam.medium.com/1c5b4876837f
Minter Hub 2

By the end of 2021, the Minter Hub blockchain will undergo a major upgrade.

In this series of short posts, we want to tell you the details of the upcoming changes and the new opportunities coming with them.

⚙️ Architectural feature #1:
Easy modular connection of other chains

Thanks to its new architecture, Minter Hub 2 will make it possible to interconnect any blockchain that supports advanced multisig addresses or smart contracts.

When a new chain is integrated, Minter Hub will require no modification. The only thing needed is a connector enabling the data to be broadcast from a blockchain being integrated onto Minter Hub 2 and the other way around.

🔥 This will allow Minter Hub to easily onboard other networks and unlock access to their assets, liquidity, and DeFi tools via Minter Console or Honee crypto wallet. The new release will already have BSC integrated.

Candidates to be connected soon: Solana, Polkadot, Cardano, Polygon, Terra, Tron, EOS.
Minter Hub 2

⚙️ Architectural feature #2:
“Revamped Mechanism for Charging Withdraw-to-Ethereum Fees”

When truly decentralized, processing requires large fees. On Ethereum, cross-chain commission is charged for each oracle’s signature. Moreover, fees on the Ethereum network are not constant. A transaction may cost more than the fee set by the user.

To address that, we’ll be accounting for the possible fee increase in advance so that the transaction could go through should the Ether gas price go up.

The new algorithm will allow users to get “cashback” in cases when the send fee turns out to be less than what the user has already paid. The remainder will be returned to your balance if the increase does not happen. The cashback will arrive into your Minter wallet.

💵 This move is expected to decrease the cost of sending by two times and more.
Forwarded from Minter Dev Notifications
🔗 Minter 2.6 Tests

The long-awaited Minter v2.6 with on-chain orders (On-Chain Automated Market Maker with Order Book) is ready for public testing!

Traders can now place orders at fixed rates in the AMM liquidity pools. Compared to the traditional pools, AMMOBs have better liquidity, while LPs get an extra fee on filled orders boosting their overall earnings. Learn more about AMMOB.

Specifics:
• To open a limit order, go to the corresponding section and fill out the form
• To cancel your order, use another form on the same page
• The order may be filled partially
• Orders that have not been filled are automatically removed after ≈30 days since being placed (on the testnet, this period is reduced to 3 days)

Node Binary: https://github.com/klim0v/minter-go-node/releases/tag/v2.6.0-beta8
Explorer: https://explorer.taconet.minter.network/
Console: https://console.taconet.minter.network/
Go SDK: https://github.com/MinterTeam/minter-go-sdk/releases/tag/v2.4.0-beta1
API: https://node-api.taconet.minter.network/v2/
Docs: https://github.com/klim0v/minter-network-web/blob/patch-4/content/docs/index.md
Test coins faucet: @MinterTacoNetTapBot

Launching node on testnet:
node --testnet --genesis "https://node-api.taconet.minter.network/v2/genesis" --persistent-peers "a80806d20b3bda7eb3997560a1c24e23fbbc483a@157.90.16.80:26656"

Alert: do not sign in with your mainnet wallet’s seed phrase as you might lose all of your funds.

We’d like to also remind you that Minter has an ongoing 🪲 Bug Bounty program. Please report any issues you come across in the @MinterDevChat using the #bugbounty hashtag.
Minter Hub 2

⚙️ Architectural feature #3:
“Support for Native ETH Token”

In the upgraded Minter Hub, you will no longer need to wrap ETH to make a deposit.

Withdrawals will also be made in the Ethereum's native token (instead of wETH).

This will free holders of the native Ether from the need to take extra steps when depositing, withdrawing, or transiting ETH through Minter HUB.

💵 The new Minter Hub will improve user experience and make all operations with ETH cost-efficient.
Minter Hub 2

⚙️ Architectural feature #4:
“Discount on Transfers for HUB Holders”

The HUB token will allow its holders to enjoy reduced cross-chain fees on transfers across Minter, Ethereum, Binance Smart Chain, and other integrated networks (candidates: Solana, Polkadot, Cardano, Polygon, Terra, Tron, EOS).

By default, the fee is 1% for any transfer between the networks, but the regular HODLing will give you the following discounts:

1 HUB -10%
2 HUB -20%
4 HUB -30%
8 HUB -40%
16 HUB -50%
32 HUB -60%

💵 For example, you have 16 HUB. When transferring USDT from the Minter network to Ethereum, the fee you'll pay will be not 1% but 50% less—that is, 0.5%.

For discount to be applied, the necessary amount of HUB needs to be on the balance of the address (that's making a cross-chain transfer) on any of the connected networks.

Example: if you hold 32 HUB on your Minter balance, you may use discount when depositing from the same address on Ethereum. The coins that are locked in pools count as well.
Minter Hub 2

⚙️ Architectural feature #5:
“Cross-Chain DeFi”

The new Minter Hub will support not only transfers, but all operations on other chains.

With the upcoming release of Minter Hub, you'll be able to exchange, for example, BTC for USDT on Uniswap right from Minter. You won't need to make several deposits and withdrawals for that. And you can still pay the fee with any liquid coin of the Minter network.

Minter Hub's following updates will let users carry out any operations on the connected networks (Ethereum, BSC, Solana, Cardano, Polygon, Terra, Tron, EOS, and others):

— Take part in high-yield farming programs
— Take part in staking
— Try their luck on lotteries
— Lend and borrow
— Hedge against risky deals
— Arbitrage between the networks
— Engage in anonymous transactions
— Exchange anonymous messages
— All decentralized, with no KYC

🍯 For example, using simple cards of Honee crypto wallet, the user will be able to anonymize their assets via TORN protocol on Ethereum network, buy the needed crypto at the best swap route found by 1INCH protocol, and then move part of that amount to BSC in order to lend it using Alpaca protocol after it's been insured at InsurAce (or somewhere else), of course.

💵 Above is an example of cross-chain DeFi for just two networks—Ethereum and BSC. As more candidate blockchains are integrated, the arsenal of earning and transactional opportunities will only grow.

And it will all be possible thanks to the upcoming upgrades of Minter and Minter Hub.

The Internet of Money is coming! In the meantime, Minter is constantly working on the implementation of its vision.

Minter, Internet of Money with Love
❤️
♨️ December 1st: The Winter Will Be Hot!

On December 1, Minter starts rolling out major upgrades that will bring us closer to reaching our ideological goal, which is the Internet of Money.

🥛 Minter 2.6 (December 1)
BIP coin

Long-awaited on-chain order books enabling you to place limit orders right in liquidity pools. This means that any user can request to buy or sell any digital asset at the price they need. What’s interesting, providers supplying liquidity into pools will make an extra fee on each order filled, boosting their total earnings. The functionality is now being publicly tested, you’re more than welcome to join!

🧃 Minter Hub 2 (December 2)
HUB token

Feature #1: Easy modular connection will unlock access to assets, liquidity, and DeFi tools on other blockchains without the need to re-write the code. The new release will already have BSC integrated.
Feature #2: Revamped cross-chain fees mechanism will allow you to get cashback in cases when the actual fee turns out to be less than what you have already paid.
Feature #3: Support for native ETH will allow you to forget about converting into wETH.
Feature #4: Discounts for HUB holders. It’s as simple as it gets—hold the HUB token on your balance and move your tokens between the networks at a smaller fee.
Feature #5: Cross-chain DeFi. The full-fledged interoperability with other chains will allow you to make not only transfers, but also any other operations—including farming, staking, lotteries, loans, etc. And you can still pay the fee in any liquid coin on Minter Network.

🍯 Honee Beta (December)
BEE token

Honee is currently in alpha and constantly improved. In December, we plan to introduce the pre-release version of the app, which will feature unique functionality for earning crypto. The new opportunities presented by Minter and Minter Hub will let us implement many interesting money-making mechanics, programs, and instruments into Honee.

To conclude, we are also preparing several marketing activities, integrations with other interesting blockchains, and contests for the community. Oh, what a hot winter awaits us. No room for boredom!

Minter, Internet of Money with Love ❤️
1
🍬 Farming in November

Below you can find farming programs that last through November 30, 2021 (except HUB-BIP, which expires on May 10, 2022).

Everyday payouts are calculated based on the volume of liquidity you provide to the following pools:

BEE-MUSD: 100% APR, payouts in BEE (details)
USDTE-USDCE: 36.5% APR, payouts in BIP (details)
HUB-BIP: 36.5% APR, payouts in BIP (details)

To join, simply supply liquidity via Minter Console into the pool of your choice (guide).
⚡️ 100,000 limit orders in 4.22 secs

Sergey Klimov, lead golang blockchain developer:

“We have tested how Taconet responds to loads caused by orders. We placed over 100,000 of them in a single pool and bought a large volume of coins so that those orders would all be filled simultaneously. Despite the not-so-powerful servers we purposely set up, the results turned out very promising. Even the block time was no different from the average. And that is just a single pool! Which means the scalability potential of our order system is huge. The testing continues.”

You can see how limit orders work for yourself on Minter Testnet. For test MNT coins, go here.
(Attention: do not enter a seed phrase from your Mainnet wallet as you might lose all of your funds).

🏆 P.S. Create a wallet on Taconet, you may need it soon. In the near future, Taconet will host an interesting game with prizes. All active participants will get a guaranteed airdrop.
Forwarded from Honee — Crypto Wallet
New Cards in Honee

Buy SQD: a Minter-powered meme token brought to you by fans of a popular series Squid Game.

Buy ARCONA: a native token of ARCONA metaverse that allows you to purchase digital lands and place any models.

Win HUBABUBA: provide liquidity to the HUBABUBA-HUB pool to take part in daily giveaways. The more liquidity you provide, the better the chances you have!
TON Live on Minter

Today, Minter Hub oracles have activated cross-chain transfers for the TON token (TONCOIN on the Ethereum network).

TON (The Open Network) is a next-gen network aimed to unite all blockchains and the Internet itself. The chain was initially designed by Telegram founders Nikolai and Pavel Durov and later transferred to the open community, which has been maintaining and developing it ever since.

To move TON from Ethereum to Minter and the other way around, use Minter Console (DEPOSIT & WITHDRAW).

— Site: ton.org
— TONCOIN smart contract: 0x582d872a1b094fc48f5de31d3b73f2d9be47def1
Minter-powered TON’s token page (info, liquidity pools, holders)
Minter Network
TON Live on Minter Today, Minter Hub oracles have activated cross-chain transfers for the TON token (TONCOIN on the Ethereum network). TON (The Open Network) is a next-gen network aimed to unite all blockchains and the Internet itself. The chain was initially…
✳️ Warning! The ticker of the token that has been mirrored from The Open Network blockchain onto Minter is TON.

In the Console and Minter wallets—@HoneeApp included—there is a blue verified badge next to the TON ticker, meaning the coin has been approved by Minter Hub oracles. Be attentive when making operations!
🔥 Join LIMIT GAME

On top of competition prizes, all active participants of the game will get a guaranteed airdrop!

Sign Up »
The rules are super-easy, but you’ll learn them a bit later.

Hurry, there’s only three days left!
💎 TON Welcome Farming!

To celebrate TON listing, we’re announcing a special yield-farming program for the TON-BIP pool. It will last one month, allowing liquidity providers to get extra rewards.

10% in monthly returns (or 124% APR)
BIP rewards accrued every day
— When: from 11/10 till 12/10
Program’s page »

Move
TON from Ethereum via Minter Console and earn with Minter!
🐕 SHIBA INU’s Cross-Chain Listing on Minter Set for Nov. 15

SHIBA INU (SHIB)
is a crypto phenomenon of 2020–2021. A legendary meme token that made it in the top 10 cryptos and got listed on the largest exchanges such as Coinbase. Thanks to its parabolic ~3 210 652% growth, thousands of people became dollar millionaires.

To celebrate the addition of SHIB token, Minter will offer a special yield-farming program for the SHIB-BIP pool. It will be ongoing for one month, allowing liquidity providers to get extra rewards.

10% monthly (or 124% yearly)
Everyday payouts in BIP
— Timeframe: 11/16 till 12/16

Earn with Minter!
🥳 1/2 of Supply Reached

Congratulations on making it halfway through BIP mining, everyone! As of today, 50%—or 5B out of 10B—of all BIP has been issued. Over time, it’s getting more and more difficult to mine new coins, so take care of your stake.

📖 Guide: how to delegate.
🔥 Vote for the top 1 trending event on СoinMarketCap

The listing of SHIBA INU on Minter has become the most trending event on the CMC calendar’s homepage!
coinmarketcap.com/events/

To show your support, find the event by date (November 15) and cast your epic upvote 👍