Forwarded from Minter Network
BNB, USDT, and BUSD Live on Minter
Minter Hub oracles have activated cross-chain transfers for the BNB, USDT, and BUSD BEP-20 tokens.
Their tickers on the Minter network are:
—
—
—
To move tokens from Binance Smart Chain to Minter and the other way around, use Minter Console (DEPOSIT & WITHDRAW). If you are using local Console, you need to update it to the latest version.
🍪 🍪 A yield-farming program for the BNB-BIP pool at 0.1% daily starts today.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge ✅.
Minter Hub oracles have activated cross-chain transfers for the BNB, USDT, and BUSD BEP-20 tokens.
Their tickers on the Minter network are:
—
BNB—
USDTBSC—
BUSDBSCTo move tokens from Binance Smart Chain to Minter and the other way around, use Minter Console (DEPOSIT & WITHDRAW). If you are using local Console, you need to update it to the latest version.
🍪 🍪 A yield-farming program for the BNB-BIP pool at 0.1% daily starts today.
P.S. Before making any operation, double-check the token’s ticker. Approved cross-chain tokens have the verified blue badge ✅.
Forwarded from Minter Network
🎄 BNB Welcome Farming!
To celebrate the addition of BNB, we’re announcing a special farming program for the BNB-BIP pool. It will be ongoing for one month, allowing liquidity providers to get extra rewards.
— 0.1% daily (or 36.5% in APR)
— BNB rewards sent out every day
— Until: January 14, 2022
— Program’s page »
Transfer BNB from Binance Smart Chain via Minter Console and earn with Minter!
To celebrate the addition of BNB, we’re announcing a special farming program for the BNB-BIP pool. It will be ongoing for one month, allowing liquidity providers to get extra rewards.
— 0.1% daily (or 36.5% in APR)
— BNB rewards sent out every day
— Until: January 14, 2022
— Program’s page »
Transfer BNB from Binance Smart Chain via Minter Console and earn with Minter!
Forwarded from Minter Network
✅ Minter: 2021 Achievements
In this series of posts, we would like to rewind what the team has achieved over 2021.
#1. Minter Hub: a bridge for fast and decentralized cross-chain transfers with Ethereum and Binance Smart Chain
Launched in April 2021, Minter Hub unites several blockchains and lets users move tokens between the networks 24/7, with no moderation or identity verification.
So far, 20 popular tokens have been listed cross-chain, among them are BTC, ETH, USDT, BNB, TON, and others. They can be freely deposited to and withdrawn from Minter:
— Binance Smart Chain: confirmation time of ≈1 min., fee of $0.5
— Ethereum: confirmation time of ≈2–3 mins., fee of $40–50
The bridge is maintained by oracles who lock coins on one network and release their ‘mirrored’ versions on the other. Minter Hub supports 16 oracles and the PoS consensus, meaning that voting on blocks is collateralized by HUB tokens.
Cross-chain transfers represent a new era of sovereign blockchains. Transfers not only allow networks to communicate with each other, but also enable users to make trustless, fast, and secure decentralized transactions. Transactions that no one can cancel, alter, or censor.
Learn more about Minter Hub »
#Minter2021
In this series of posts, we would like to rewind what the team has achieved over 2021.
#1. Minter Hub: a bridge for fast and decentralized cross-chain transfers with Ethereum and Binance Smart Chain
Launched in April 2021, Minter Hub unites several blockchains and lets users move tokens between the networks 24/7, with no moderation or identity verification.
So far, 20 popular tokens have been listed cross-chain, among them are BTC, ETH, USDT, BNB, TON, and others. They can be freely deposited to and withdrawn from Minter:
— Binance Smart Chain: confirmation time of ≈1 min., fee of $0.5
— Ethereum: confirmation time of ≈2–3 mins., fee of $40–50
The bridge is maintained by oracles who lock coins on one network and release their ‘mirrored’ versions on the other. Minter Hub supports 16 oracles and the PoS consensus, meaning that voting on blocks is collateralized by HUB tokens.
Cross-chain transfers represent a new era of sovereign blockchains. Transfers not only allow networks to communicate with each other, but also enable users to make trustless, fast, and secure decentralized transactions. Transactions that no one can cancel, alter, or censor.
Learn more about Minter Hub »
#Minter2021
Forwarded from Minter Network
✅ Minter: 2021 Achievements
#2: Up to 1% on the volume transacted via the cross-chain bridge goes to HUB stakers
For validating cross-chain transfers through Minter Hub, oracles earn a 1-percent fee on all transactions. Some of them further distribute portion of those earnings among their delegators (if any) proportionally to their HUB stake and according to terms and conditions set out by a given validator.
This mechanism lays a solid economic stimulus for owning the HUB token.
ℹ️ Reminder on staking process
From a tech standpoint, HUB staking is only available to Minter Hub oracle addresses. For users to be able to take part in the staking of HUB, oracles offer them to delegate their tokens. Users send their HUBs to addresses specified by oracles. Those tokens are then transferred to the Minter Hub blockchain and staked in the node.
After that, oracles distribute receipt tokens among their stakers on Minter at the 1:1 ratio. Receipt tokens confirm that HUBs have been staked on the Minter Hub blockchain.
Oracles allowing HUB delegation:
• Minter One (receipt token: MONEHUB)
• Chainik (receipt token: HUBCHAIN)
• MonsterHub (receipt token: MONSTERHUB)
• BTC.Secure (receipt token: LIQUIDHUB)
• Minter.Center (receipt token: HUBCENTER)
• ONLY1 (receipt token: ONLY1HUB)
#Minter2021
#2: Up to 1% on the volume transacted via the cross-chain bridge goes to HUB stakers
For validating cross-chain transfers through Minter Hub, oracles earn a 1-percent fee on all transactions. Some of them further distribute portion of those earnings among their delegators (if any) proportionally to their HUB stake and according to terms and conditions set out by a given validator.
This mechanism lays a solid economic stimulus for owning the HUB token.
ℹ️ Reminder on staking process
From a tech standpoint, HUB staking is only available to Minter Hub oracle addresses. For users to be able to take part in the staking of HUB, oracles offer them to delegate their tokens. Users send their HUBs to addresses specified by oracles. Those tokens are then transferred to the Minter Hub blockchain and staked in the node.
After that, oracles distribute receipt tokens among their stakers on Minter at the 1:1 ratio. Receipt tokens confirm that HUBs have been staked on the Minter Hub blockchain.
Oracles allowing HUB delegation:
• Minter One (receipt token: MONEHUB)
• Chainik (receipt token: HUBCHAIN)
• MonsterHub (receipt token: MONSTERHUB)
• BTC.Secure (receipt token: LIQUIDHUB)
• Minter.Center (receipt token: HUBCENTER)
• ONLY1 (receipt token: ONLY1HUB)
#Minter2021
Forwarded from Minter Network
✅ Minter: 2021 Achievements
#3: Cross-Chain Transfers Discount System
When moving tokens between Minter and Ethereum or Binance Smart Chain, the user pays the bridge fee (1% on the amount transacted) on top of the network fee. For example, the fee for sending 100 USDT from Binance Smart Chain to Minter stands at 1 USDT.
If the user holds the HUB token on their balance, however, they are charged a reduced bridge fee.
ℹ️ Discounts
💡 How to Activate
For the discount to be enabled, the balance of the address that a cross-chain transfer is made from needs to have the necessary amount of HUB on any of the interconnected networks.
HUB can be bought via liquidity pools on Minter by making a simple swap in Minter Console or BIP Wallet. You can also purchase it on 1inch (Ethereum) or PancakeSwap (Binance Smart Chain).
#Minter2021
#3: Cross-Chain Transfers Discount System
When moving tokens between Minter and Ethereum or Binance Smart Chain, the user pays the bridge fee (1% on the amount transacted) on top of the network fee. For example, the fee for sending 100 USDT from Binance Smart Chain to Minter stands at 1 USDT.
If the user holds the HUB token on their balance, however, they are charged a reduced bridge fee.
ℹ️ Discounts
1 HUB: -10%
2 HUB: -20%
4 HUB: -30%
8 HUB: -40%
16 HUB: -50%
32 HUB: -60%💡 How to Activate
For the discount to be enabled, the balance of the address that a cross-chain transfer is made from needs to have the necessary amount of HUB on any of the interconnected networks.
HUB can be bought via liquidity pools on Minter by making a simple swap in Minter Console or BIP Wallet. You can also purchase it on 1inch (Ethereum) or PancakeSwap (Binance Smart Chain).
#Minter2021
Forwarded from Minter Network
💵 New Fees in Minter
Today, Minter Network fees have been updated in a move supported by the majority of validators in a vote.
✅ The most important change is that all fees are now pegged to the U.S. dollar.
The transfer fee stands at 0.01 USDTE, and the swap fee, at 0.03 USDTE + 0.2%. Fees for placing limit orders and creating tickers have been modified as well.
All fees are still paid in BIP, with the only difference being that the dollar worth is calculated in BIP and then charged to the user.
An up-to-date fee is displayed when sending a transaction from Console or an official wallet.
Today, Minter Network fees have been updated in a move supported by the majority of validators in a vote.
✅ The most important change is that all fees are now pegged to the U.S. dollar.
The transfer fee stands at 0.01 USDTE, and the swap fee, at 0.03 USDTE + 0.2%. Fees for placing limit orders and creating tickers have been modified as well.
All fees are still paid in BIP, with the only difference being that the dollar worth is calculated in BIP and then charged to the user.
An up-to-date fee is displayed when sending a transaction from Console or an official wallet.
Forwarded from Minter Network
✅ Minter: 2021 Achievements
#4: Unspent Fee Refund
The new algorithm for charging fees allows users to get cashback in cases when the send fee turns out to be less than what the user has already paid. The remainder arrives into your Minter wallet.
#Minter2021
#4: Unspent Fee Refund
The new algorithm for charging fees allows users to get cashback in cases when the send fee turns out to be less than what the user has already paid. The remainder arrives into your Minter wallet.
#Minter2021
Forwarded from Minter Network
✅ Minter 2021 Achievements. #5: Easy modular connection of other blockchains to Minter Hub
Thanks to its new architecture, Minter Hub makes it possible to easily interconnect any blockchain that supports advanced multisig addresses or smart contracts.
Minter Hub unlocks access to the assets, liquidity, and DeFi tools of third-party networks.
On the technical side, the process of connecting is not complex, but economically, oracles need to consider all integration-related aspects. For one, setting up and running nodes on external chains—which a Minter Hub oracle requires—will increase one’s expenses.
In 2021, Ethereum and Binance Smart Chain have been connected. Potential candidates for 2022: Tron, Solana, Polkadot, Cardano, Polygon, and Terra. Oracles assess whether it’s reasonable to onboard a given network and offer their suggestions.
#Minter2021
Thanks to its new architecture, Minter Hub makes it possible to easily interconnect any blockchain that supports advanced multisig addresses or smart contracts.
Minter Hub unlocks access to the assets, liquidity, and DeFi tools of third-party networks.
On the technical side, the process of connecting is not complex, but economically, oracles need to consider all integration-related aspects. For one, setting up and running nodes on external chains—which a Minter Hub oracle requires—will increase one’s expenses.
In 2021, Ethereum and Binance Smart Chain have been connected. Potential candidates for 2022: Tron, Solana, Polkadot, Cardano, Polygon, and Terra. Oracles assess whether it’s reasonable to onboard a given network and offer their suggestions.
#Minter2021
Forwarded from Minter Network
✅ Minter 2021 Achievements. #6: Listing of popular cryptos on Minter
Launch of the Minter Hub bridge has made it possible to move tokens between the networks. As of the end of 2021, support has been added for the following top coins:
— BTC
— ETH
— BNB
— USDT, USDC, BUSD, and other stablecoins
Other tokens have been listed, too. All of them are not only trading freely on Minter, but can also be transferred across Minter, Ethereum, and Binance Smart Chain.
More cryptocurrencies—those of both recognized and niche projects—are coming to Minter Hub in 2022.
Always double-check the token’s ticker before making any operation. Approved cross-chain tokens are displayed on the Deposit & Withdraw page in Minter Console and have the verified blue badge.
#Minter2021
Launch of the Minter Hub bridge has made it possible to move tokens between the networks. As of the end of 2021, support has been added for the following top coins:
— BTC
— ETH
— BNB
— USDT, USDC, BUSD, and other stablecoins
Other tokens have been listed, too. All of them are not only trading freely on Minter, but can also be transferred across Minter, Ethereum, and Binance Smart Chain.
More cryptocurrencies—those of both recognized and niche projects—are coming to Minter Hub in 2022.
Always double-check the token’s ticker before making any operation. Approved cross-chain tokens are displayed on the Deposit & Withdraw page in Minter Console and have the verified blue badge.
#Minter2021
Forwarded from Minter Network
✅ Minter 2021 Achievements. #7: AMM liquidity pools
The most important feature introduced this year is liquidity pools. A liquidity pool is a trading pair of coins/tokens with locked funds of providers who guarantee swappability.
Minter pools have several major competitive advantages over popular DEXes:
— Swaps are final in 5 seconds (1 block)
— The fee = $0.03 + 0.2%
Buying or selling through a liquidity pool, traders use funds that have been previously locked into it, while liquidity providers earn 0.2% on each trade. The process is carried out using Automated Market Maker (AMM).
Routing
If the user needs to swap two tokens that do not have a common pool for direct exchange, the conversion can take place through a chain of pools (up to 5 tokens). This means that when token A is swapped for token E and there is a chain allowing them to “connect,” the route will look like this:
In the example above, token A is swapped for token E through a chain of up to 4 liquidity pools.
• Pools in Explorer
• Pools in Chainik
💡 Guide
#Minter2021
The most important feature introduced this year is liquidity pools. A liquidity pool is a trading pair of coins/tokens with locked funds of providers who guarantee swappability.
Minter pools have several major competitive advantages over popular DEXes:
— Swaps are final in 5 seconds (1 block)
— The fee = $0.03 + 0.2%
Buying or selling through a liquidity pool, traders use funds that have been previously locked into it, while liquidity providers earn 0.2% on each trade. The process is carried out using Automated Market Maker (AMM).
Routing
If the user needs to swap two tokens that do not have a common pool for direct exchange, the conversion can take place through a chain of pools (up to 5 tokens). This means that when token A is swapped for token E and there is a chain allowing them to “connect,” the route will look like this:
A ⇢ B ⇢ C ⇢ D ⇢ EIn the example above, token A is swapped for token E through a chain of up to 4 liquidity pools.
• Pools in Explorer
• Pools in Chainik
💡 Guide
#Minter2021
Forwarded from Minter Network
✅ Minter 2021 Achievements. #8: Limit orders in liquidity pools
In 2021, Minter has revolutionized DeFi protocols by introducing On-Chain Automated Market Maker with Order Book (AMMOB).
Being a decentralized assets marketplace, Minter now lets its users place and execute limit orders in order to buy or sell any crypto at a pre-determined rate. Limit orders are located inside the liquidity pools themselves.
One of the features of this approach is that part of the volume may be automatically filled through a limit order, while the remaining part, via regular AMM inside the pool.
AMMOB solves three major problems of traditional AMM pools:
1. Traders can buy or sell at a fixed price without giving up the liquidity benefits of AMM pools;
2. AMMOB pools are suitable for exchanging stablecoins, for example, USDT for USDC. One will have an opportunity to create an order to buy $1,000,000 worth of USDT for USDC at 1% below and later sell it at 1% above the market;
3. An AMMOB pool is more liquid than a traditional AMM one: in some areas, the price curve becomes a straight line.
— Create limit order
— Learn more about AMMOB
💡 Guide:
How to use limit orders
#Minter2021
In 2021, Minter has revolutionized DeFi protocols by introducing On-Chain Automated Market Maker with Order Book (AMMOB).
Being a decentralized assets marketplace, Minter now lets its users place and execute limit orders in order to buy or sell any crypto at a pre-determined rate. Limit orders are located inside the liquidity pools themselves.
One of the features of this approach is that part of the volume may be automatically filled through a limit order, while the remaining part, via regular AMM inside the pool.
AMMOB solves three major problems of traditional AMM pools:
1. Traders can buy or sell at a fixed price without giving up the liquidity benefits of AMM pools;
2. AMMOB pools are suitable for exchanging stablecoins, for example, USDT for USDC. One will have an opportunity to create an order to buy $1,000,000 worth of USDT for USDC at 1% below and later sell it at 1% above the market;
3. An AMMOB pool is more liquid than a traditional AMM one: in some areas, the price curve becomes a straight line.
— Create limit order
— Learn more about AMMOB
💡 Guide:
How to use limit orders
#Minter2021
Forwarded from Minter Network
Happy New Year, everybody! Last month’s important milestones were like presents under the Christmas tree. But we’ve left one of them—namely, the tokenomics—to be unwrapped in 2022.
https://minterteam.medium.com/4d93d5860ff8
https://minterteam.medium.com/4d93d5860ff8
Medium
Minter’s Month in Review—December 2021
In December, the Minter team rolled out major upgrades for the main network and the Minter Hub sidechain…
Forwarded from Minter Dev Notifications
BIP MegaPool
The Minter team is currently developing a solution that would allow the owners of BIP to earn and significantly increase the native coin’s liquidity. The holders will have a unique opportunity to put their coins into a pool with USDT and benefit from fees, farming, and BIP’s growth. They will not even need USDT, which will be supplied by external providers.
To create MegaPool, we will set up a multisig deposit address targeting the 500M BIP mark. Once the participant has transferred BIP, they will start receiving 2% monthly (or 24% in APR) on the amount of provided BIP. Upon liquidity removal, BIP holders will get 75% of the dollar returns that will have been generated from the pool’s growth and collected fees. The remaining part will go to the dollar providers.
As soon as 500 million BIP is deposited, we will launch smart contracts on the BSC and Ethereum networks. The contracts will add liquidity into Uniswap and PancakeSwap.
For external buyers, MegaPool will also present an opportunity to purchase a large amount of BIP. The coins will be sold, however, at a 25-percent premium to prices observed on uniswap/pancake. The resulting USDT will be sent to the participants’ wallets right away, and they will then decide whether to buy BIP or keep USDT.
To sum up:
- All BIP owners will get an opportunity to earn on liquidity provision: fees, possible rise in price, farming at a 24-percent APR
- USDT will be supplied into the pool by external providers, meaning BIP holders will need only one coin—BIP
- This solution will help substantially boost BIP’s liquidity and its attractiveness in the crypto market
The Minter team is currently developing a solution that would allow the owners of BIP to earn and significantly increase the native coin’s liquidity. The holders will have a unique opportunity to put their coins into a pool with USDT and benefit from fees, farming, and BIP’s growth. They will not even need USDT, which will be supplied by external providers.
To create MegaPool, we will set up a multisig deposit address targeting the 500M BIP mark. Once the participant has transferred BIP, they will start receiving 2% monthly (or 24% in APR) on the amount of provided BIP. Upon liquidity removal, BIP holders will get 75% of the dollar returns that will have been generated from the pool’s growth and collected fees. The remaining part will go to the dollar providers.
As soon as 500 million BIP is deposited, we will launch smart contracts on the BSC and Ethereum networks. The contracts will add liquidity into Uniswap and PancakeSwap.
For external buyers, MegaPool will also present an opportunity to purchase a large amount of BIP. The coins will be sold, however, at a 25-percent premium to prices observed on uniswap/pancake. The resulting USDT will be sent to the participants’ wallets right away, and they will then decide whether to buy BIP or keep USDT.
To sum up:
- All BIP owners will get an opportunity to earn on liquidity provision: fees, possible rise in price, farming at a 24-percent APR
- USDT will be supplied into the pool by external providers, meaning BIP holders will need only one coin—BIP
- This solution will help substantially boost BIP’s liquidity and its attractiveness in the crypto market
Forwarded from Harry
🔥MEET THE NEW EXCHANGER🔥
I, @HarryPodlesny, invite you to my MinterGarantBot and in honor of the starting the platform I am running a promotion:
💥 FROM 2nd TO 12th FEBRUARY
Every 10th transaction gives you 10% cashback!💥
❗️RULES OF PARTICIPATION:❗️
1. Register in MinterGarantBot using the link
https://telegram.me/MinterGarantBot?start=affilate-83
2. Join our bot group
https://news.1rj.ru/str/MinterGarantChatRu
3. Make at least one deal* from 10'000 BIP.
4. Get 10% BIPs back to your wallet!
* Chances of winning are 1 to 10.
* Only transactions with authorized traders are taken into account
* Look for the list of Authorized Traders in the group from the February 2nd
💰PRIZE FUND - UNLIMITED!💰
The prize draw will take place every evening at 10:00 pm (MSK) during the promotion period.
Using a randomizer we will pick 10% of winners for the current day and return 10% of the trade to each winner!
I, @HarryPodlesny, invite you to my MinterGarantBot and in honor of the starting the platform I am running a promotion:
💥 FROM 2nd TO 12th FEBRUARY
Every 10th transaction gives you 10% cashback!💥
❗️RULES OF PARTICIPATION:❗️
1. Register in MinterGarantBot using the link
https://telegram.me/MinterGarantBot?start=affilate-83
2. Join our bot group
https://news.1rj.ru/str/MinterGarantChatRu
3. Make at least one deal* from 10'000 BIP.
4. Get 10% BIPs back to your wallet!
* Chances of winning are 1 to 10.
* Only transactions with authorized traders are taken into account
* Look for the list of Authorized Traders in the group from the February 2nd
💰PRIZE FUND - UNLIMITED!💰
The prize draw will take place every evening at 10:00 pm (MSK) during the promotion period.
Using a randomizer we will pick 10% of winners for the current day and return 10% of the trade to each winner!
Telegram
MinterGarant Chat RU
Официальный русскоязычный чат P2P платформы @MinterGarantBot
Forwarded from Minter Network
🥶 A fresh round-up of what was going on in the network during the end of the winter season:
https://minterteam.medium.com/1843f7094e90
https://minterteam.medium.com/1843f7094e90
Medium
Minter’s Month in Review—February 2022
Last month, Minter Team has started testing upcoming Minter 3 features…
Forwarded from Minter Network
🌼 10% a Month on Spring Farming
Reminder: until the end of spring, we have ongoing farming programs for three major pools, whose total liquidity stands at over $600,000 already.
💵 Upon adding liquidity into these pools, you’ll start automatically receiving daily rewards to your address. Each of them yields 10% monthly.
— Pool: BIP-MUSD, payouts in BIP (details)
— Pool: BEE-MUSD, payouts in MUSD (details)
— Pool: HUB-BNB, payouts in HUB (details)
On top of that, welcome farming programs for BIP pools with the newly arrived tokens also offer 10% in monthly returns. The full list can be found here.
➕ Provide liquidity to the pools above via Minter Console or Honee and get rewarded every day. The more the liquidity, the bigger the reward!
Reminder: until the end of spring, we have ongoing farming programs for three major pools, whose total liquidity stands at over $600,000 already.
💵 Upon adding liquidity into these pools, you’ll start automatically receiving daily rewards to your address. Each of them yields 10% monthly.
— Pool: BIP-MUSD, payouts in BIP (details)
— Pool: BEE-MUSD, payouts in MUSD (details)
— Pool: HUB-BNB, payouts in HUB (details)
On top of that, welcome farming programs for BIP pools with the newly arrived tokens also offer 10% in monthly returns. The full list can be found here.
➕ Provide liquidity to the pools above via Minter Console or Honee and get rewarded every day. The more the liquidity, the bigger the reward!
Forwarded from Minter Dev Notifications
🔗 Minter 3 Testing
We’re launching public tests. This version is dedicated to the tokenomics update.
Docs
github.com/MinterTeam/minter-network-web/pull/51/files?w=1
Sites
Explorer: explorer.toronet.minter.network
Console: console.toronet.minter.network
Bip Wallet: wallet.toronet.bip.to
Tx debugger: tx-debug.toronet.minter.network
API
Node: https://node-api.toronet.minter.network/v2/
Gate: https://gate-api.toronet.minter.network/api/v2/
Explorer: https://explorer-api.toronet.minter.network/api/v2/
RTM: wss://explorer-rtm.toronet.minter.network/connection/websocket
Code
Node Binary: github.com/MinterTeam/minter-go-node/releases/tag/v3.0.0-toro
Go SDK: github.com/MinterTeam/minter-go-sdk/releases/tag/v2.5.0-torro
JS SDK: github.com/MinterTeam/minter-js-sdk/tree/next
PHP SDK: github.com/MinterTeam/minter-php-sdk/tree/toronet
Request test coins: @MinterToroNetTapBot
Launch node on testnet:
Reminder: Minter has an ongoing 🪲 Bug Bounty program. If you’ve come across an error, you can report it via @MinterDevChat using the #bugbounty hashtag.
We’re launching public tests. This version is dedicated to the tokenomics update.
Docs
github.com/MinterTeam/minter-network-web/pull/51/files?w=1
Sites
Explorer: explorer.toronet.minter.network
Console: console.toronet.minter.network
Bip Wallet: wallet.toronet.bip.to
Tx debugger: tx-debug.toronet.minter.network
API
Node: https://node-api.toronet.minter.network/v2/
Gate: https://gate-api.toronet.minter.network/api/v2/
Explorer: https://explorer-api.toronet.minter.network/api/v2/
RTM: wss://explorer-rtm.toronet.minter.network/connection/websocket
Code
Node Binary: github.com/MinterTeam/minter-go-node/releases/tag/v3.0.0-toro
Go SDK: github.com/MinterTeam/minter-go-sdk/releases/tag/v2.5.0-torro
JS SDK: github.com/MinterTeam/minter-js-sdk/tree/next
PHP SDK: github.com/MinterTeam/minter-php-sdk/tree/toronet
Request test coins: @MinterToroNetTapBot
Launch node on testnet:
node --testnet --genesis "https://node-api.toronet.minter.network/v2/genesis" --persistent-peers "a80806d20b3bda7eb3997560a1c24e23fbbc483a@157.90.16.80:26656"
Alert: do not use a seed phrase from your Mainnet wallet. Otherwise, you may lose all your funds.Reminder: Minter has an ongoing 🪲 Bug Bounty program. If you’ve come across an error, you can report it via @MinterDevChat using the #bugbounty hashtag.
Forwarded from Minter Network
Friendly reminder: Minter 3 goes live in a week. Time to find out more about what’s new in the mining and lockup departments!
🧮 https://minterteam.medium.com/72d90740312
🧮 https://minterteam.medium.com/72d90740312
Medium
Minter 3: Dynamic Mining and 3Y Stake Lockup
A large Minter Network update aimed to modify the tokenomics of BIP is set to take place on April 12 this spring…
Forwarded from Minter Network
💥🎉🚀 Minter 3 Live
The revamped tokenomics of BIP has successfully landed on Minter. Validators have updated the network to the latest version aimed to strengthen BIP and recalibrate its tokenomics in line with the best industry practices.
We’ve prepared an article on the impact this major upgrade will have on the supply of BIP: https://minterteam.medium.com/da3a786680ac
The revamped tokenomics of BIP has successfully landed on Minter. Validators have updated the network to the latest version aimed to strengthen BIP and recalibrate its tokenomics in line with the best industry practices.
We’ve prepared an article on the impact this major upgrade will have on the supply of BIP: https://minterteam.medium.com/da3a786680ac
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
Forwarded from Minter Network
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.