🐶 SHIB has arrived on Minter!
Once a memecoin, Shibtoken has gained massive recognition & evolved into a full-fledged ecosystem with highly supportive community.
To transfer the SHIBA INU token from Ethereum to Minter and the other way around, visit https://console.minter.network/hub
— Site: shibatoken.com
— CMC: https://coinmarketcap.com/currencies/shiba-inu/
— Ethereum smart contract:
— Page of SHIB on Minter: https://chainik.io/token/SHIB (info, liquidity pools, holders)
🍪 A yield-farming program for the SHIB-BIP pool @ 10% in monthly rewards starts tomorrow.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge across all of our official wallets, Console, & Explorer.
Once a memecoin, Shibtoken has gained massive recognition & evolved into a full-fledged ecosystem with highly supportive community.
To transfer the SHIBA INU token from Ethereum to Minter and the other way around, visit https://console.minter.network/hub
— Site: shibatoken.com
— CMC: https://coinmarketcap.com/currencies/shiba-inu/
— Ethereum smart contract:
0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce— Page of SHIB on Minter: https://chainik.io/token/SHIB (info, liquidity pools, holders)
🍪 A yield-farming program for the SHIB-BIP pool @ 10% in monthly rewards starts tomorrow.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge across all of our official wallets, Console, & Explorer.
🐕 SHIB Welcome Farming!
To celebrate the addition of SHIB, we’re announcing 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% in APR)
— BIP rewards sent out every day
— Timeframe: 11/16 till 12/16
— Program’s page »
Move SHIB from Ethereum via Minter Console and earn with Minter!
To celebrate the addition of SHIB, we’re announcing 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% in APR)
— BIP rewards sent out every day
— Timeframe: 11/16 till 12/16
— Program’s page »
Move SHIB from Ethereum via Minter Console and earn with Minter!
🕹 LIMIT GAME — Catch the Candlestick!
LIMIT GAME starts today. Players have to guess the future price of an in-game asset by placing a limit order. There will be a total of four independent rounds, each we’ll announce separately.
Goal: teach users to create limit orders and test functionality before release. The game takes place on the Taconet test network.
💸 Prizes
• Round 1: Nov. 17 till Nov. 19 = 50 000 BIP
• Round 2: Nov. 19 till Nov. 22 = 50 000 BIP
• Round 3: Nov. 22 till Nov. 25 = 50 000 BIP
• Round 4: Nov. 25 till Nov. 28 = 50 000 BIP
🍪 Airdrop
Everyone to participate in all four rounds will get a guaranteed airdrop. A budget of 300 000 BIP will be distributed equally.
📋 Round 1 rules
— All players will receive AMAZON token to the address they've registered. This token needs to be put up for sale using one or several limit orders in a pool with the LIMITGAME token.
— You can set price for AMAZON anywhere between 101 and 500 per token. You need to guess at which price level your order will be filled.
— How will AMAZON's price grow? On the last day of the round, the organizers will send a transaction that will cause the price increase of the AMAZON token in the AMAZON-LIMITGAME pool. This price movement will trigger the execution of limit orders placed by some players.
How do I create a limit order to take part in the first round?
🏆 Picking the winner
— The largest executed order, whose price differs from the AMAZON token's final one by no more than 5 per cent, wins.
— Placing multiple orders is allowed, but keep in mind that the number of tokens is limited by the amount you've received at the start.
— To create an order, go to the Taconet test network's Console.
⛔️ It is prohibited to
— Make any deposits to your address
— Send your tokens to other addresses
— If you violate these rules, you'll get disqualified
Bonus from chainik.io: special achievement badges for players who've completed all four rounds.
💬 Chat for questions and feedback on the functioning of limit orders on the Taconet (Minter) test network
LIMIT GAME starts today. Players have to guess the future price of an in-game asset by placing a limit order. There will be a total of four independent rounds, each we’ll announce separately.
Goal: teach users to create limit orders and test functionality before release. The game takes place on the Taconet test network.
💸 Prizes
• Round 1: Nov. 17 till Nov. 19 = 50 000 BIP
• Round 2: Nov. 19 till Nov. 22 = 50 000 BIP
• Round 3: Nov. 22 till Nov. 25 = 50 000 BIP
• Round 4: Nov. 25 till Nov. 28 = 50 000 BIP
🍪 Airdrop
Everyone to participate in all four rounds will get a guaranteed airdrop. A budget of 300 000 BIP will be distributed equally.
📋 Round 1 rules
— All players will receive AMAZON token to the address they've registered. This token needs to be put up for sale using one or several limit orders in a pool with the LIMITGAME token.
— You can set price for AMAZON anywhere between 101 and 500 per token. You need to guess at which price level your order will be filled.
— How will AMAZON's price grow? On the last day of the round, the organizers will send a transaction that will cause the price increase of the AMAZON token in the AMAZON-LIMITGAME pool. This price movement will trigger the execution of limit orders placed by some players.
How do I create a limit order to take part in the first round?
🏆 Picking the winner
— The largest executed order, whose price differs from the AMAZON token's final one by no more than 5 per cent, wins.
— Placing multiple orders is allowed, but keep in mind that the number of tokens is limited by the amount you've received at the start.
— To create an order, go to the Taconet test network's Console.
⛔️ It is prohibited to
— Make any deposits to your address
— Send your tokens to other addresses
— If you violate these rules, you'll get disqualified
Bonus from chainik.io: special achievement badges for players who've completed all four rounds.
💬 Chat for questions and feedback on the functioning of limit orders on the Taconet (Minter) test network
🇺🇸 Meet the very first American Minter validator — it will help with our expansion in the U.S.
The owner of Minter.Cash is also a member of BPSAA that recently took part in a meeting with Senator Lummis’s (R-WY) office and Tyler Lindholm, an author of the most progressive crypto legislation in the world. Among the topics discussed was that of staking income taxation, which is one of the top items on the agenda of U.S. regulators.
The owner of Minter.Cash is also a member of BPSAA that recently took part in a meeting with Senator Lummis’s (R-WY) office and Tyler Lindholm, an author of the most progressive crypto legislation in the world. Among the topics discussed was that of staking income taxation, which is one of the top items on the agenda of U.S. regulators.
Minter Network
🕹 LIMIT GAME — Catch the Candlestick! LIMIT GAME starts today. Players have to guess the future price of an in-game asset by placing a limit order. There will be a total of four independent rounds, each we’ll announce separately. Goal: teach users to create…
🏆 LIMIT GAME: Round 1 Winner Determined!
A large buy transaction was made in the pool, triggering the execution of 928 orders by 325 unique addresses in less than five seconds (standard block time). Everything went smoothly! The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winning order » (prize of 50 000 BIP)
🕹 Round 2
— New pool: MACARENA-GAME2
— When: Nov. 19 till Nov. 22
— Prize: 50 000 BIP
— A new token called MACARENA has been sent to 828 participants. You need to put it up for sale (by purchasing token GAME2)
— Range for selling MACARENA: 1001 – 5000
— The rules are the same as in Round 1. The only thing different is the tokens and hence, the pool
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
A large buy transaction was made in the pool, triggering the execution of 928 orders by 325 unique addresses in less than five seconds (standard block time). Everything went smoothly! The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winning order » (prize of 50 000 BIP)
🕹 Round 2
— New pool: MACARENA-GAME2
— When: Nov. 19 till Nov. 22
— Prize: 50 000 BIP
— A new token called MACARENA has been sent to 828 participants. You need to put it up for sale (by purchasing token GAME2)
— Range for selling MACARENA: 1001 – 5000
— The rules are the same as in Round 1. The only thing different is the tokens and hence, the pool
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
🌌 Metaverse Index Token Live on Minter
Today, Minter Hub oracles have activated cross-chain transfers for Metaverse Index.
Metaverse Index is a basket of tokens of projects that develop virtual worlds (or metaverses). It’s been one of the hottest trends this year.
On Ethereum, the token’s ticker is MVI.
On Minter, it’s METAINDEX.
To move MVI from Ethereum to Minter and vice versa, proceed to Minter Console (DEPOSIT & WITHDRAW).
— Site: https://www.tokensets.com/portfolio/mvi
— CMC
— Ethereum smart contract:
— Page of METAINDEX on Minter (info, liquidity pools, holders)
🍪 A yield-farming program for the METAINDEX-BIP pool @ 10% in monthly rewards starts tomorrow.
Today, Minter Hub oracles have activated cross-chain transfers for Metaverse Index.
Metaverse Index is a basket of tokens of projects that develop virtual worlds (or metaverses). It’s been one of the hottest trends this year.
On Ethereum, the token’s ticker is MVI.
On Minter, it’s METAINDEX.
To move MVI from Ethereum to Minter and vice versa, proceed to Minter Console (DEPOSIT & WITHDRAW).
— Site: https://www.tokensets.com/portfolio/mvi
— CMC
— Ethereum smart contract:
0x72e364f2abdc788b7e918bc238b21f109cd634d7— Page of METAINDEX on Minter (info, liquidity pools, holders)
🍪 A yield-farming program for the METAINDEX-BIP pool @ 10% in monthly rewards starts tomorrow.
Minter Network
🏆 LIMIT GAME: Round 1 Winner Determined! A large buy transaction was made in the pool, triggering the execution of 928 orders by 325 unique addresses in less than five seconds (standard block time). Everything went smoothly! The rules say that the largest…
🏆 LIMIT GAME: Round 2 Winner Determined!
A large buy transaction was made in the pool, triggering the execution of 419 orders (out of a total 756 placed) by 181 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Winner’s order »
— New pool: MUHOMOR-GAME3
— Timeframe: from Nov. 23 till Nov. 25
— Prize: 50 000 BIP
— A new token called MUHOMOR has been sent to 828 participants. You need to put it up for sale (by purchasing token GAME3)
— Range for selling MUHOMOR: 101 – 500
— The rules are the same as in Rounds 1 & 2. The only thing different is the tokens and hence, the pool
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
A large buy transaction was made in the pool, triggering the execution of 419 orders (out of a total 756 placed) by 181 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Mx3d5276630cf15aa42d031673ef9d10d9e5466b95Winner’s order »
— New pool: MUHOMOR-GAME3
— Timeframe: from Nov. 23 till Nov. 25
— Prize: 50 000 BIP
— A new token called MUHOMOR has been sent to 828 participants. You need to put it up for sale (by purchasing token GAME3)
— Range for selling MUHOMOR: 101 – 500
— The rules are the same as in Rounds 1 & 2. The only thing different is the tokens and hence, the pool
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
explorer.taconet.minter.network
Testnet Explorer — Minter
🏜 METAINDEX Welcome Farming!
To celebrate the addition of Metaverse Index, we’re announcing a special yield-farming program for the METAINDEX-BIP pool. It will be ongoing for one month, allowing liquidity providers to get extra rewards.
— 10% monthly (or 124% in APR)
— BIP rewards sent out every day
— Timeframe: 11/23 till 12/23
— Program’s page »
Move MVI from Ethereum via Minter Console and earn with Minter!
To celebrate the addition of Metaverse Index, we’re announcing a special yield-farming program for the METAINDEX-BIP pool. It will be ongoing for one month, allowing liquidity providers to get extra rewards.
— 10% monthly (or 124% in APR)
— BIP rewards sent out every day
— Timeframe: 11/23 till 12/23
— Program’s page »
Move MVI from Ethereum via Minter Console and earn with Minter!
Forwarded from Minter.Cash Defi News
Our first major Press Release is now out, as Minter.Cash is now an official partner of DAO Strike Ventures whom believes that Minter Network is the place to be in 2022!
Forwarded from Minter.Cash Defi News
PRESS RELEASE: https://www.prlog.org/12894897-dao-strike-ventures-makes-first-defi-investment-in-crypto-validator-mintercash-seeking-100x-returns.html
PRLog
DAO Strike Ventures Makes First DeFi Investment in Crypto Validator Minter.Cash Seeking 100x Returns
DAO Strike Ventures Makes First DeFi Investment in Crypto Validator Minter.Cash Seeking 100x Returns. After researching thousands of cryptocurrency projects DAO Strike has made its first investment under the new operating charter which calls for capital gains…
🏆 LIMIT GAME: Round 3 Winner Determined!
A large buy transaction was made in the pool, triggering the execution of 205 orders (out of a total 830 placed) by 114 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Winner’s order »
🍫🏭 LIMIT GAME: Round 4 Starts!
— New pool: UMPALUMPA-FACTORY
— Period: from Nov. 25 till Nov. 28
— Prize: 50 000 BIP
— A new token called UMPALUMPA has been sent to 828 participants. You need to put it up for sale (by purchasing token FACTORY)
— Range for selling UMPALUMPA: 1.01 – 5
— The rules remain the same. The only thing different is the tokens and hence, the pool
➕ Create order »
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
A large buy transaction was made in the pool, triggering the execution of 205 orders (out of a total 830 placed) by 114 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Mx0da5af0d4992ef3f50e52b7a7ade97d9404289c2Winner’s order »
🍫🏭 LIMIT GAME: Round 4 Starts!
— New pool: UMPALUMPA-FACTORY
— Period: from Nov. 25 till Nov. 28
— Prize: 50 000 BIP
— A new token called UMPALUMPA has been sent to 828 participants. You need to put it up for sale (by purchasing token FACTORY)
— Range for selling UMPALUMPA: 1.01 – 5
— The rules remain the same. The only thing different is the tokens and hence, the pool
➕ Create order »
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
explorer.taconet.minter.network
Testnet Explorer — Minter
🏆 LIMIT GAME: Round 4 Winner Determined!
A large buy transaction was made in the pool, triggering the execution of 674 orders (out of a total 768 placed) by 279 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Winner’s order »
🦈 LIMIT GAME: Round 5 Started!
The fifth round is an extra one for those whose orders got automatically canceled in round 2. You don’t need to participate if you completed all previous rounds—you’ll still get a guaranteed airdrop.
— New pool: MEGALODON-FOODCHAIN
— Until: November 30
— Prize: 50 000 BIP
— A new token called MEGALODON has been sent to 828 participants. You need to put it up for sale (by purchasing token FOODCHAIN)
— Range for selling MEGALODON: 2.01 – 10
— The rules remain the same. The only thing different is the tokens and hence, the pool
➕ Create order »
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
A large buy transaction was made in the pool, triggering the execution of 674 orders (out of a total 768 placed) by 279 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50 000 BIP prize):
Mx0d97d9669a9335cb0939c48034ddd1c914b49647Winner’s order »
🦈 LIMIT GAME: Round 5 Started!
The fifth round is an extra one for those whose orders got automatically canceled in round 2. You don’t need to participate if you completed all previous rounds—you’ll still get a guaranteed airdrop.
— New pool: MEGALODON-FOODCHAIN
— Until: November 30
— Prize: 50 000 BIP
— A new token called MEGALODON has been sent to 828 participants. You need to put it up for sale (by purchasing token FOODCHAIN)
— Range for selling MEGALODON: 2.01 – 10
— The rules remain the same. The only thing different is the tokens and hence, the pool
➕ Create order »
Reminder: everyone to participate in all four rounds will share a guaranteed airdrop of 300 000 BIP and get an achievement badge by chainik.io. The prizes will be sent out once the game is finished.
explorer.taconet.minter.network
Testnet Explorer — Minter
✅ Minter Update v2.6.0 Completed
Minter Network has seamlessly updated to version 2.6. We have been preparing this update for months and done a lot of work on the technical side, especially related to on-chain orders (AMMOB) rollout.
The update includes:
— Automated Market Maker with Order Book
— Ability to burn tokens is now available not only to creator but to all holders
— The maximum Voting Power has been limited to 20% per Validator. At over 20%, delegation becomes impossible
— Bug fixes
— Fees for failed transactions. It is set at $0.01, same as the one for sending transfers. This fee also depends on the information in payload and gas price
• Place order
• Minter Explorer (the order book and limit orders themselves will be visible on the pool pages)
Minter Network has seamlessly updated to version 2.6. We have been preparing this update for months and done a lot of work on the technical side, especially related to on-chain orders (AMMOB) rollout.
The update includes:
— Automated Market Maker with Order Book
— Ability to burn tokens is now available not only to creator but to all holders
— The maximum Voting Power has been limited to 20% per Validator. At over 20%, delegation becomes impossible
— Bug fixes
— Fees for failed transactions. It is set at $0.01, same as the one for sending transfers. This fee also depends on the information in payload and gas price
• Place order
• Minter Explorer (the order book and limit orders themselves will be visible on the pool pages)
🏆 LIMIT GAME: Extra Round Winner Found!
A large buy transaction was made in the pool, triggering the execution of 333 orders (out of 483 placed) by 206 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50,000 BIP prize):
Winner’s order »
💸 Prizes
The LIMIT GAME is now finished. We hope that all players not only enjoyed it, but also learned to place limit orders with Minter. Thanks for participating and testing, everyone!
Five prizes 50,000 BIP each plus a 300,000 BIP airdrop will be distributed within a few days after the outcome and participants have been verified. The prizes will be sent to identical addresses on Mainnet—to collect, use the same seed phrase as on Taconet.
Achievement badges
All players will get a memorable badge from chainik.io. Since it cannot be transferred to another address, you can specify your Mainnet address that you want the badge to display on by December 3, 9:00 a.m. UTC.
For that:
— Go to Taconet Console (the network that hosted the game)
— Send 0 MNT to the zeroth address:
— In Payload (a message to the transaction available in Advanced Mode), enter your Mx address on the main network
A large buy transaction was made in the pool, triggering the execution of 333 orders (out of 483 placed) by 206 unique addresses in less than five seconds (standard block time). The rules say that the largest filled order, whose price differs from the final one by 5% at most, wins.
Winner’s address (a 50,000 BIP prize):
Mx45cf9fb1206dd14ca5bcbcd05f68c5f1c7453de3Winner’s order »
💸 Prizes
The LIMIT GAME is now finished. We hope that all players not only enjoyed it, but also learned to place limit orders with Minter. Thanks for participating and testing, everyone!
Five prizes 50,000 BIP each plus a 300,000 BIP airdrop will be distributed within a few days after the outcome and participants have been verified. The prizes will be sent to identical addresses on Mainnet—to collect, use the same seed phrase as on Taconet.
Achievement badges
All players will get a memorable badge from chainik.io. Since it cannot be transferred to another address, you can specify your Mainnet address that you want the badge to display on by December 3, 9:00 a.m. UTC.
For that:
— Go to Taconet Console (the network that hosted the game)
— Send 0 MNT to the zeroth address:
Mx0000000000000000000000000000000000000000 (explorer)— In Payload (a message to the transaction available in Advanced Mode), enter your Mx address on the main network
explorer.taconet.minter.network
Testnet Explorer — Minter
🍬 Farming in December
Below you can find yield-farming programs that last through December 31, 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)
Also, there are ongoing Welcome Farming programs for newly cross-chained assets at 10% monthly returns: TON, SHIB, METAINDEX.
To join, simply supply liquidity via Minter Console into the pool of your choice (guide).
Below you can find yield-farming programs that last through December 31, 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)
Also, there are ongoing Welcome Farming programs for newly cross-chained assets at 10% monthly returns: TON, SHIB, METAINDEX.
To join, simply supply liquidity via Minter Console into the pool of your choice (guide).
ℹ️ Minter Hub Upgrade
Connection to the Ethereum and Binance Smart Chain networks could not be immediately established due to several newly surfaced reasons.
Necessary fixes will be prepared by tomorrow morning, and the process shall continue.
❗️All funds are completely safe since they are held in cold wallets.
Connection to the Ethereum and Binance Smart Chain networks could not be immediately established due to several newly surfaced reasons.
Necessary fixes will be prepared by tomorrow morning, and the process shall continue.
❗️All funds are completely safe since they are held in cold wallets.
🧮 Limit Orders, Fees, and Details
Yesterday, validators successfully voted on limit order fees:
• 25 BIP (≈ $0.1) for placing an order
• 5 BIP (≈ $0.02) for manually canceling it
These and other fees are temporary and expressed in BIP. Soon, there will be another vote on setting U.S. dollar-pegged fees, meaning the BIP value will be floating and the dollar equivalent, fixed. For example, if BIP were priced at $0.004, then creation fee would stand at 25 BIP (10 cents); at $0.01 per BIP, the fee would change to 10 BIP (10 cents as well).
Limit order details:
— A fee is charged for creation and manual cancellation of orders
— Orders are canceled automatically after 483,840 blocks (≈25 days)
— A fee is not charged upon automatic cancellation
— Placement, cancellation, and list of your own orders are available in the Minter Console’s Limit Orders tab
— Possible limit order price ranges: x5 (above) and 1/5 (below) the current in-pool price. For example, if 1 BIP = 0.004 USDTE in the BIP-USDTE pool, then maximum sell price = 0.02 USDTE and minimum buy price = 0.0008 USDTE
— Limit orders are placed “on top of” the pool’s liquidity, supplementing it (learn more about AMMOB)
— 0.2% on the amount filled goes into the pool (in both tokens, 50/50%), making it richer. This fee is shared by liquidity providers who do not bear Impermanent Loss at the time of execution of any orders
— Orders may be filled partially
— Order books are available on pool pages in Minter Explorer (example)
Yesterday, validators successfully voted on limit order fees:
• 25 BIP (≈ $0.1) for placing an order
• 5 BIP (≈ $0.02) for manually canceling it
These and other fees are temporary and expressed in BIP. Soon, there will be another vote on setting U.S. dollar-pegged fees, meaning the BIP value will be floating and the dollar equivalent, fixed. For example, if BIP were priced at $0.004, then creation fee would stand at 25 BIP (10 cents); at $0.01 per BIP, the fee would change to 10 BIP (10 cents as well).
Limit order details:
— A fee is charged for creation and manual cancellation of orders
— Orders are canceled automatically after 483,840 blocks (≈25 days)
— A fee is not charged upon automatic cancellation
— Placement, cancellation, and list of your own orders are available in the Minter Console’s Limit Orders tab
— Possible limit order price ranges: x5 (above) and 1/5 (below) the current in-pool price. For example, if 1 BIP = 0.004 USDTE in the BIP-USDTE pool, then maximum sell price = 0.02 USDTE and minimum buy price = 0.0008 USDTE
— Limit orders are placed “on top of” the pool’s liquidity, supplementing it (learn more about AMMOB)
— 0.2% on the amount filled goes into the pool (in both tokens, 50/50%), making it richer. This fee is shared by liquidity providers who do not bear Impermanent Loss at the time of execution of any orders
— Orders may be filled partially
— Order books are available on pool pages in Minter Explorer (example)
✅ Minter Hub 2 Live
After the scheduled upgrade, Minter Hub has been launched and continues processing cross-chain transfers. What’s new:
— Code base
— Lower fees on withdrawals to Ethereum
— Integration with Binance Smart Chain
— Swap discounts for HUB holders
— Support for native ETH token
— Improved UX for validators
— Cross-chain DeFi
— Modular connection of other blockchains
Learn More »
Currently, only BIP and HUB are available for cross-chain transfers with Binance Smart Chain. Other BSC network tokens will be listed soon. Which ones would you like to see on Minter first?
After the scheduled upgrade, Minter Hub has been launched and continues processing cross-chain transfers. What’s new:
— Code base
— Lower fees on withdrawals to Ethereum
— Integration with Binance Smart Chain
— Swap discounts for HUB holders
— Support for native ETH token
— Improved UX for validators
— Cross-chain DeFi
— Modular connection of other blockchains
Learn More »
Currently, only BIP and HUB are available for cross-chain transfers with Binance Smart Chain. Other BSC network tokens will be listed soon. Which ones would you like to see on Minter first?
Forwarded from Interstake One
🗳Voting for Minter Network Commission Price (Commission Proposal 2.2)
Minter and Minter Hub were successfuly updated and now it's time to bind the commissions in the Minter network to the USD equivalent, in particular to USDTE, to implement plans for the cost of transfer to $0.01, and trade to $0.03.
Updates will take effect on December 27 at ~11:00 UTC on block 8173094 with the necessary total power of votes (66.66%+).
To get acquainted with the instructions for validators and the full list of changeable parameters in Commission Proposal 2.2, follow the link.
You can track the voting process on this page.
⚠️We urge all validators to take an active part in the voting and do it before the selected block.
Minter and Minter Hub were successfuly updated and now it's time to bind the commissions in the Minter network to the USD equivalent, in particular to USDTE, to implement plans for the cost of transfer to $0.01, and trade to $0.03.
Updates will take effect on December 27 at ~11:00 UTC on block 8173094 with the necessary total power of votes (66.66%+).
To get acquainted with the instructions for validators and the full list of changeable parameters in Commission Proposal 2.2, follow the link.
You can track the voting process on this page.
⚠️We urge all validators to take an active part in the voting and do it before the selected block.
✨ Minter 3: BIP Tokenomics Update
In Minter 1, we launched the network with basic functionality that already outplayed many popular chains.
Minter 2 introduced DeFi tools and cross-chain mechanisms, enabling users to earn in an entirely decentralized way.
In Minter 3, we will modify BIP tokenomics by applying deflationary models that are aimed to cause the network’s native digital coin to grow.
Find Out Now »
In Minter 1, we launched the network with basic functionality that already outplayed many popular chains.
Minter 2 introduced DeFi tools and cross-chain mechanisms, enabling users to earn in an entirely decentralized way.
In Minter 3, we will modify BIP tokenomics by applying deflationary models that are aimed to cause the network’s native digital coin to grow.
Find Out Now »
Medium
Minter 3: BIP Tokenomics Update
In light of the changes that leading blockchains have recently made in their tokenomics, Minter Team is proposing a large-scale update of…