📋 In April, Minter team implemented new tokenomics of BIP in a major network upgrade, improved all services, released a couple of useful guides, shed light on the soon-to-come developments, and presented fresh earning opportunities.
https://minterteam.medium.com/39b7270b4b76
https://minterteam.medium.com/39b7270b4b76
Medium
Minter’s Month in Review—April 2022
Last month, Minter Team…
Forwarded from Webcounters (webcounters)
Telegram notification bot @MinterNotificationBot updated.
Now it supports all events:
• Unbond — Completion of the return of coins from the delegation
• StakeKick — ejection of coins from the delegation
• OrderExpired — Expiration of the order and return coins to the wallet
• Unlock — Unlock coins
• StakeMove — Completion of the process of transferring a stake between validators
• UpdateNetwork — network update
• UpdateCommissions — update commissions
Added more detail on all transactions
Help is available on the button and the
To start using, you only need to send the address and select the direction (incoming, outgoing, any)
Active filters:
• All Reward events are skipped
• Skip StakeKick events up to 10 BIP
• StakeKick events up to 100 BIP are sent silently
Validator: Counter (Mp12345…0f27777)
Public: @webcounters_public
Now it supports all events:
• Unbond — Completion of the return of coins from the delegation
• StakeKick — ejection of coins from the delegation
• OrderExpired — Expiration of the order and return coins to the wallet
• Unlock — Unlock coins
• StakeMove — Completion of the process of transferring a stake between validators
• UpdateNetwork — network update
• UpdateCommissions — update commissions
Added more detail on all transactions
Help is available on the button and the
/help commandTo start using, you only need to send the address and select the direction (incoming, outgoing, any)
Active filters:
• All Reward events are skipped
• Skip StakeKick events up to 10 BIP
• StakeKick events up to 100 BIP are sent silently
Validator: Counter (Mp12345…0f27777)
Public: @webcounters_public
✅ Cross-Chain Listing of LUNA & UST
Minter Hub oracles have enabled cross-chain transfers for two tokens:
— LUNABSC (Terra)
— USTBSC (TerraUSD)
To move these tokens between BNB Smart Chain and Minter, use Minter Console (DEPOSIT & WITHDRAW).
Welcome farming programs at 10% monthly will soon be launched for these tokens in pools with HUB.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge ✅. The full list can be found here.
Minter Hub oracles have enabled cross-chain transfers for two tokens:
— LUNABSC (Terra)
— USTBSC (TerraUSD)
To move these tokens between BNB Smart Chain and Minter, use Minter Console (DEPOSIT & WITHDRAW).
Welcome farming programs at 10% monthly will soon be launched for these tokens in pools with HUB.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge ✅. The full list can be found here.
🍪 LUNABSC Welcome Farming
We’re announcing a welcome farming program for the LUNABSC-HUB 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
— Until: June 14, 2022
— Program’s page »
Transfer LUNABSC from BNB Smart Chain via Minter Console and earn with Minter!
We’re announcing a welcome farming program for the LUNABSC-HUB 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
— Until: June 14, 2022
— Program’s page »
Transfer LUNABSC from BNB Smart Chain via Minter Console and earn with Minter!
Forwarded from Honee — Crypto Wallet
📇 White Paper
At the beginning of the summer, Honee team will publish a white paper outlining in detail the vision for a product that simplifies and aggregates the best DeFi earning opportunities through a simple crypto wallet that’s multi-functional, decentralized, and cross-chain-ready.
We are certain that the concept is well-timed and has huge potential.
In the white paper, we’ll reveal the tokenomics of BEE with a final supply of 100 000 000 units and deflationary mechanisms to decrease volume in circulation.
📺 https://youtu.be/fVRlrTYCtvg
At the beginning of the summer, Honee team will publish a white paper outlining in detail the vision for a product that simplifies and aggregates the best DeFi earning opportunities through a simple crypto wallet that’s multi-functional, decentralized, and cross-chain-ready.
We are certain that the concept is well-timed and has huge potential.
In the white paper, we’ll reveal the tokenomics of BEE with a final supply of 100 000 000 units and deflationary mechanisms to decrease volume in circulation.
📺 https://youtu.be/fVRlrTYCtvg
honee.app
Crypto Wallet That Helps You Earn — Honee
Honee is the simplest crypto wallet that helps you earn through user-friendly, one-click money-making cards.
🧲 BIP-BNB Community Pool
We are now accepting BIP deposits from everyone who wants to participate in the BIP-BNB community pool set to launch on BNB Smart Chain. They will be able to benefit from potential assets' price growth, in-pool fees, farming programs, and airdrops using just one asset.
What's a community pool?
The BIP-BNB community pool lets users earn by providing a single asset, something impossible under traditional liquidity provision. At the time of writing, BIP can already be deposited (for BNB, we'll make a separate announcement). After the community pool launches, the deposited BIP will merge with the BNB of other participants and added to the liquidity pool. The resulting LP tokens will be locked for one year. During that time, the pool will be generating rewards that will be distributed later upon unlock.
Earnings
1. Pool fee on every swap (0.17%)
2. Possible price growth: upon unlock, the user gets back their share of BIP + 50% of the BNB gains
3. Yield-farming programs
4. Airdrops and bonuses
How to join
Send 100 000 BIP or more to a MultiSig address:
Details
— Minimum amount to participate: 100 000 BIP
— The community pool goes live in the first half of the summer on the BNB Smart Chain network
— The smart contract locks BIP in the community pool for 12 months
🍪 Bonuses
From the moment participant sends BIP to a MultiSig address until the start of the community pool, they will be getting 0.1% daily on the amount of provided BIP. Bonuses, along with the provided BIP, will be transferred to a smart contract of the community pool after it's been launched.
We are now accepting BIP deposits from everyone who wants to participate in the BIP-BNB community pool set to launch on BNB Smart Chain. They will be able to benefit from potential assets' price growth, in-pool fees, farming programs, and airdrops using just one asset.
What's a community pool?
The BIP-BNB community pool lets users earn by providing a single asset, something impossible under traditional liquidity provision. At the time of writing, BIP can already be deposited (for BNB, we'll make a separate announcement). After the community pool launches, the deposited BIP will merge with the BNB of other participants and added to the liquidity pool. The resulting LP tokens will be locked for one year. During that time, the pool will be generating rewards that will be distributed later upon unlock.
Earnings
1. Pool fee on every swap (0.17%)
2. Possible price growth: upon unlock, the user gets back their share of BIP + 50% of the BNB gains
3. Yield-farming programs
4. Airdrops and bonuses
How to join
Send 100 000 BIP or more to a MultiSig address:
Mx0b271e8f16b268ccf2dce6a1f7542970fb6fdb78Details
— Minimum amount to participate: 100 000 BIP
— The community pool goes live in the first half of the summer on the BNB Smart Chain network
— The smart contract locks BIP in the community pool for 12 months
🍪 Bonuses
From the moment participant sends BIP to a MultiSig address until the start of the community pool, they will be getting 0.1% daily on the amount of provided BIP. Bonuses, along with the provided BIP, will be transferred to a smart contract of the community pool after it's been launched.
15M BIP burned in 1.5 mos.
It’s been 1.5 months since Minter upgraded to v3, so let’s have a look at the metrics of some of the deflationary mechanics that burn BIP.
🔥 Dynamic mining: 8 722 590 BIP
The only way to counter burning in cases when BIP price falls sharply is to opt for a three-year stake lock.
🔥 Ticker issuance: 4 073 209 BIP
Over this time, 16 tickers have been created.
🔥 0.1% on pool swaps: 3 045 314 BIP
A new 0.1-percent fee is collected on a special address, from which BIP will be bought back and burned from time to time. At the moment, it holds 237 different tokens.
The total amount burned post-upgrade stands at 15 841 113 BIP. The all-time burning—which includes transfers to the 0th address—amounts to ≈400 million BIP that will never enter free circulation.
It’s been 1.5 months since Minter upgraded to v3, so let’s have a look at the metrics of some of the deflationary mechanics that burn BIP.
🔥 Dynamic mining: 8 722 590 BIP
The only way to counter burning in cases when BIP price falls sharply is to opt for a three-year stake lock.
🔥 Ticker issuance: 4 073 209 BIP
Over this time, 16 tickers have been created.
🔥 0.1% on pool swaps: 3 045 314 BIP
A new 0.1-percent fee is collected on a special address, from which BIP will be bought back and burned from time to time. At the moment, it holds 237 different tokens.
The total amount burned post-upgrade stands at 15 841 113 BIP. The all-time burning—which includes transfers to the 0th address—amounts to ≈400 million BIP that will never enter free circulation.
Forwarded from Webcounters (webcounters)
Notifications about the buy/sale of coins/tokens and their movements with a filter by volume are now available in the telegram bot @MinterNotificationBot
When adding a coin, you choose the type of transaction (buy, sell, or any) and optionally filter by volume and information on moving between wallets.
You will receive notifications if:
• Exchange transactions (through pools and directly)
• Triggering of limit orders
• Refund from a limit order by timeout and manually
• Adding or withdrawing liquidity from the pool
• Transfers between wallets, including via Multisend
Also, for each coin, you can assign a silent message delivery mode.
Validator: Counter (Mp12345…0f27777)
Public: @webcounters_public
When adding a coin, you choose the type of transaction (buy, sell, or any) and optionally filter by volume and information on moving between wallets.
You will receive notifications if:
• Exchange transactions (through pools and directly)
• Triggering of limit orders
• Refund from a limit order by timeout and manually
• Adding or withdrawing liquidity from the pool
• Transfers between wallets, including via Multisend
Also, for each coin, you can assign a silent message delivery mode.
Validator: Counter (Mp12345…0f27777)
Public: @webcounters_public
🍪 GMTBSC (STEPN) Welcome Farming
We’re announcing a welcome farming program for the GMTBSC-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
— Until: June 21, 2022
— Program’s page »
Transfer GMTBSC from BNB Smart Chain via Minter Console and earn with Minter!
We’re announcing a welcome farming program for the GMTBSC-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
— Until: June 21, 2022
— Program’s page »
Transfer GMTBSC from BNB Smart Chain via Minter Console and earn with Minter!
99% of BEE token supply has been burned: https://explorer.minter.network/transactions/Mt83680a147c6a68a11feb92e916ee508df22062549497c75629404e799c134075
Soon, it’ll be decided how much of it will eventually stay in circulation. The current supply stands at 100 000 000 BEE.
Soon, it’ll be decided how much of it will eventually stay in circulation. The current supply stands at 100 000 000 BEE.
☀️ Farming in June
Farming is one of the most rewarding and useful programs, allowing providers to make stable earnings and pools, to maintain liquidity. We’re constantly monitoring network activity in order to roll out the most efficient programs.
From June 1 till June 30, you are welcome to join:
1. BIP-MUSD (Minter):
— payouts in BIP
— 10% monthly
2. HUB-BNB (Minter):
— payouts in HUB
— 10% monthly
3. HUB-BNB (BNB Smart Chain):
— payouts in HUB
— 10% monthly
To start earning with farming programs, add liquidity into one (or all) of the pools above. The bigger it is, the bigger your returns!
Farming is one of the most rewarding and useful programs, allowing providers to make stable earnings and pools, to maintain liquidity. We’re constantly monitoring network activity in order to roll out the most efficient programs.
From June 1 till June 30, you are welcome to join:
1. BIP-MUSD (Minter):
— payouts in BIP
— 10% monthly
2. HUB-BNB (Minter):
— payouts in HUB
— 10% monthly
3. HUB-BNB (BNB Smart Chain):
— payouts in HUB
— 10% monthly
To start earning with farming programs, add liquidity into one (or all) of the pools above. The bigger it is, the bigger your returns!
Traditionally, we are bringing you a fresh monthly round-up of all major events, news, and developments from Minter team.
https://minterteam.medium.com/3ac6b0cf06eb
https://minterteam.medium.com/3ac6b0cf06eb
Medium
Minter’s Month in Review—May 2022
May 15th marked a three-year anniversary for Minter Mainnet…
🍪 Recently, all farming rewards accumulated by May 31 have been distributed to PancakeSwap users:
• BIPX-WBNB (in BIP)
• BEE-WBNB (in BEE)
• HUB-WBNB (in HUB)
LPs have received rewards to their BNB Smart Chain addresses, so there’s no need to send an additional claim transaction.
We’re also reminding you that the HUB-WBNB pool’s program yielding 10% monthly has been extended until June 30.
• BIPX-WBNB (in BIP)
• BEE-WBNB (in BEE)
• HUB-WBNB (in HUB)
LPs have received rewards to their BNB Smart Chain addresses, so there’s no need to send an additional claim transaction.
We’re also reminding you that the HUB-WBNB pool’s program yielding 10% monthly has been extended until June 30.
Forwarded from Honee — Crypto Wallet
🔥 90% BEE Burn
The largest crypto calendar CoinMarketCal has listed a July 1 burn event that will see 90% of all BEE tokens eliminated.
If you want to help this event reach the top, press the Real button. Thanks in advance for your support!
👍 Upvote Now »
You can vote for our event at CoinMarketCap as well. To do that, search by date (July 1).
The largest crypto calendar CoinMarketCal has listed a July 1 burn event that will see 90% of all BEE tokens eliminated.
If you want to help this event reach the top, press the Real button. Thanks in advance for your support!
👍 Upvote Now »
You can vote for our event at CoinMarketCap as well. To do that, search by date (July 1).
CoinMarketCal - Cryptoasset Calendar
Minter Network (BIP) - BEE Token Burn
Minter Network (BIP) - 01 July 2022 - BEE Token Burn - Tokenomics
🔥 First Special Address Burn
June 3rd marked the first buyback and burn of BIP from an address that accumulates 0.1% on each swap in liquidity pools. 5 810 000 BIP has been bought back and burned via transfer to the 0th address:
https://explorer.minter.network/transactions/Mt248a54e511bd3af324ad1c31deebe501ed2909a778ea4dd2e550c4df20b73fb3
The mechanism works like a charm—each swap made in pools buys back and burns BIP, decreasing its supply and increasing its price.
The more swaps in Minter, the scarcer the BIP!
June 3rd marked the first buyback and burn of BIP from an address that accumulates 0.1% on each swap in liquidity pools. 5 810 000 BIP has been bought back and burned via transfer to the 0th address:
https://explorer.minter.network/transactions/Mt248a54e511bd3af324ad1c31deebe501ed2909a778ea4dd2e550c4df20b73fb3
The mechanism works like a charm—each swap made in pools buys back and burns BIP, decreasing its supply and increasing its price.
The more swaps in Minter, the scarcer the BIP!
Forwarded from Honee — Crypto Wallet
🐝 BEE Staking
Staking options
— 1 year: 6% return in 12 months
— 2 years: 12% return in 12 months (24% in total)
— 3 years: 24% return in 12 months (72% in total)
Stake BEE »
Rewards are sent out every day.
Staking options
— 1 year: 6% return in 12 months
— 2 years: 12% return in 12 months (24% in total)
— 3 years: 24% return in 12 months (72% in total)
Stake BEE »
Rewards are sent out every day.
Forwarded from Honee — Crypto Wallet
Check out the full details of our BEE staking program https://medium.com/@honeeapp/bee-staking-at-up-to-24-apr-2c4d4712896
Medium
BEE Staking at up to 24% APR
Today, we are rolling out a new offering — staking of BEE. It will allow you to lock your tokens for a select period and get daily rewards…
Forwarded from Minter Dev Notifications
🔗 Crosschain Smart Wallets
Very soon, a unique and long-awaited feature will go live on Minter—Crosschain Smart Wallet.
Crosschain Smart Wallet will allow for calling any smart contract on interconnected networks right within Minter.
Key points:
1. Call smart contracts and pay Ethereum or BNB Chain fee with any coin inside Minter.
2. Fully decentralized service. Access to funds is granted exclusively via your private key.
3. You can put several transactions into a single call, which is highly cost-efficient. For example, you can Approve and Swap on Pancake in just one transaction. Thanks to merging, you may save up to 50% on fees.
4. Moving coins to Minter through Minter Hub will become easier. Simply send any token to a generated address (even from an exchange). No need to hold ETH/BNB.
5. You will also be able to swap on Pancake, buy NFT, and take part in any DeFi activity happening on the interconnected networks.
Example of a Crosschain Smart Wallet on BNB Chain (testnet): 0xa71b458729f06db38df99977d5ea4a85ec01b8e1
Example of a call initialization: Mt1cc..4f3a1
Crosschain Smart Wallet’s purpose is to facilitate the interaction with Minter EVM (under development).
Very soon, a unique and long-awaited feature will go live on Minter—Crosschain Smart Wallet.
Crosschain Smart Wallet will allow for calling any smart contract on interconnected networks right within Minter.
Key points:
1. Call smart contracts and pay Ethereum or BNB Chain fee with any coin inside Minter.
2. Fully decentralized service. Access to funds is granted exclusively via your private key.
3. You can put several transactions into a single call, which is highly cost-efficient. For example, you can Approve and Swap on Pancake in just one transaction. Thanks to merging, you may save up to 50% on fees.
4. Moving coins to Minter through Minter Hub will become easier. Simply send any token to a generated address (even from an exchange). No need to hold ETH/BNB.
5. You will also be able to swap on Pancake, buy NFT, and take part in any DeFi activity happening on the interconnected networks.
Example of a Crosschain Smart Wallet on BNB Chain (testnet): 0xa71b458729f06db38df99977d5ea4a85ec01b8e1
Example of a call initialization: Mt1cc..4f3a1
Crosschain Smart Wallet’s purpose is to facilitate the interaction with Minter EVM (under development).
Forwarded from BipLenta EN 🌶
🧮 Reward Calculation for the HUB-BNB Community Pool
Recently, the first community pool—which is HUB-BNB—has been launched. It marked the arrival of a new DeFi tool that lets you participate using a single asset.
In this article, I’ll show you my estimates of potential earnings based on various scenarios 1 year after locking BNB.
Read Now »
Recently, the first community pool—which is HUB-BNB—has been launched. It marked the arrival of a new DeFi tool that lets you participate using a single asset.
In this article, I’ll show you my estimates of potential earnings based on various scenarios 1 year after locking BNB.
Read Now »
Teletype
Reward Calculation for the HUB-BNB Community Pool
Recently, the first community pool—which is HUB-BNB—has been launched. It marked the arrival of a new DeFi tool that lets you...
Forwarded from Honee — Crypto Wallet
💵 MUSD Staking
Staking Options
— 1 year: 6% return in 12 months
— 2 years: 9% return in 12 months (18% in total)
— 3 years: 12% return in 12 months (36% in total)
Stake MUSD »
Rewards sent out every day.
Staking Options
— 1 year: 6% return in 12 months
— 2 years: 9% return in 12 months (18% in total)
— 3 years: 12% return in 12 months (36% in total)
Stake MUSD »
Rewards sent out every day.