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Evgeny Gordeev

Chasing the future. Founder of @DeCenterOrg, theorist at @MinterTeam

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Minter is coming with the on-chain automated market maker with order book! https://youtu.be/CnZ9I4eFeOk
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AMMOB — On-Chain AMM with Order Book

Minter 2 will revolutionize the DeFi protocols with its On-Chain Automated Market Maker with Order Book (AMMOB). Read more at

https://www.minter.network/2

Traders will be able to create fixed-price orders in the AMM liquidity pools without having to give up the benefits of those pools. AMMOB will do great 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 the market and later sell it at 1% above. Compared to the traditional AMM pools, AMMOBs have better liquidity: in some areas, the price curve becomes a horizontal line. The blockchain fees (spread among validators and delegators): $0.08 for creating an order and $0.01 for canceling it. An additional 0.2% on the volume that has been filled goes to a liquidity pool (or liquidity providers). The fees can be paid in any token issued on the network.

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Our lead developer Daniil Lashin was awarded by Cosmos for fixing major issue that could possibly stop many blockchains https://twitter.com/danillashin/status/1362460415800848396?s=21
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Daniil Lashin

Yay, I was awarded by @cosmos a $1,500 bounty on @Hacker0x01! hackerone.com/danil-lashin

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HUB is now listed in the best DeFi-bot – https://t.me/tebot?start=897796
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Token Exchange

All the DeFi services in one bot.

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Yesterday, CZ bought a year of premium Pornhub subscription with Binance’s BNB token. What do you think about paying for services where you may want to remain anonymous, to put it mildly? 👉 Take a quick poll and win prizes! >>
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Pinpon, a Minter-powered promo campaign platform, lets anyone in minutes create very engaging interactions. Here is an example from @DeCenterOrghttps://www.pinpon.io/a/AHGLWxz?ref=r
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What does Bakkt predict for the digital asset market in its presentation for investors?

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🚀 First Cross-Chain Transfers on Minter Mainnet! Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds. Ethereum -> Minter: 1. Send 2. Receive Minter -> Ethereum: 1. Send 2. Receive With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa. When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way. For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway). A few technicalities Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team. Minter Hub is supported by validators, here’s what they launch on their servers: - Minter node - Ethereum node - Minter Hub node - Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum. - Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter. Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn. Why is this one of the most important milestones in Minter’s history? 1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand. 2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks. 3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol. 4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa. 5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
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Minter 2 is a global decentralized liquidity pool, a.k.a. the Internet of Money. It represents major cryptocurrencies, service tokens, community coins, and loyalty points.
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Last night Minter Network has delivered 7 262 785 transactions, 99% of which in less than a 5-seconds block. Some blocks handled over 6000 recipients at once – over 1000 per second on a public blockchain! Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
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Wanted: Global Brands Ready to Take Consumer Loyalty to the Next Level

TL;DR Very soon, consumers will be able to swap tokenized loyalty points and rewards of major brands in a single tap.

Minter has rolled out a simple and convenient web wallet for working with loyalty points and rewards. https://medium.com/@MinterTeam/wallet-for-loyalty-rewards-platforms-minter-wallet-β-65a7f87751cf There’s no need to download or install anything, learn any special skills, or even know what blockchain is. You can send coins to both Minter blockchain and e-mail addresses—even if the recipient has never used Minter Wallet before—without worrying about your password (log in to the wallet via secure one-time links straight from your inbox).
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Wallet for Loyalty & Rewards Platforms: Minter Wallet (β)

Wallet for loyalty or rewards platform should be user-centric, lightweight, and accessible from a browser. Minter has all that, and more

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