Minterest logo
WebsiteFjord Foundry LBPEnjinstarter Launchpad

Minterest (MINTY)

IDO
Upcoming IDO
Token sale: Feb 08, 2022 – Jun 24, 2024

Minterest is a decentralised lending protocol with a unique economic model. Its unique design attracts and rewards long-term liquidity and holders with Minterest distributing value captured by the protocol to participants and MINTY token holders who stake MINTY and actively participate in its governance.

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Overview

Project industryCrowdfunding & Lending
Product typeDeFi
WhitepaperMinterest White Paper Open

What is Minterest

Minterest is a decentralised lending protocol with a unique economic model. The protocol captures 100% of the possible fee value created from the interaction of its users, a level unmatched by all other lending protocols. The protocol swaps this value on-market for its governance token (MINTY) which it distributes as rewards to users participating in governance. The token economy creates long-term on-market token scarcity. Together this allows Minterest to optimise its utility at a level no other lending protocol can, benefiting Minterest’s primary value creators - its users.

Minterest’s feature innovations deliver a breakthrough in token performance value, a critical and overlooked aspect of lending protocols, which maximises value to users over time. Feature innovations bestowing this include automated liquidations, buyback mechanisms and dynamically weighted voting rights to reward long-term governance participation.

Minterest’s model can generate network effects more powerful than any sector incumbent. Doing so means the protocol can deliver the highest long-term APYs with a high degree of defensibility.

This document details how the protocol achieves such outcomes and outlines its design features so the Minterest model may contribute to the future development of both DeFi and the broader blockchain economy.

Details

IDO (Fjord Foundry LBP): Feb 08, 2022 - Feb 10, 2022
IDO (Enjinstarter Launchpad): Jun 20, 2024 - Jun 24, 2024
Token supply: 65,902,270 MINTY
Raised: 6,500,000 USD

Legal

Blockchain Platform: Taiko
Registration year: 2020

Token info

Ticker: MINTY
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 MINTY = 2.25 USD
Token distribution:
Standard Rewards - 7,825,890 MINTY
NFT Rewards - 2,608,630 MINTY
Buyback Rewards - 2,100,000 MINTY
Next Level Participants - 2,566,761 MINTY
Private Investors - 17,501,000 MINTY
Strategic Partners - 2,449,250 MINTY
Marketing - 1,000,000 MINTY
Ecosystem - 3,000,000 MINTY
Team - 17,950,739 MINTY
Strategic Reserve - 6,900,000 MINTY
Liquidity Provision - 2,000,000 MINTY

Minterest Roadmap

1
Q3 2023 Product Refinement
  • Solvency Engine updated
  • Health Gauge introduced
  • Branding refreshed
  • Community crowns MINTY as new token ticker symbol
2
Q4 2023 Muiti-Chain Strategy Revealed
  • Multi-chain partnerships begin
  • 7th Security Audit
  • Launch preparation
3
Q1 2024 Launch
  • High yield farming campaign
  • NFT emission boosts activated
  • Token is transferrable
  • Listing
  • Minterest opens to all
4
Q2 2024 Development on EVM Chains
  • Minterest begins deployment on partner EVM Chains
  • Lending & borrowing are isolated on each chain
5
Q3 2024 Development continues on EVM Chains
  • Minterest deployed on Ethereum
  • 2 EVM Chains
6
Q4 2024 Cross-Chain Lending Preparations
  • Finalize architecture
  • Security audit
7
Q1 2025 Unifying Liquidity
  • Minterest enables true cross-chain lending
  • Supply on Chain A. Borrow on Chain B
  • First-ever cross-chain liquidations

Project team

Kyn Chaturvedi
Kyn Chaturvedi
Chief Executive Officer
Kyn Chaturvedi linkedin
Denis Romanovsky
Denis Romanovsky
Chief Technology Officer
Denis Romanovsky linkedin
Martti Kullang
Martti Kullang
Chief Product Officer
Martti Kullang linkedin
Veiko Krünberg
Veiko Krünberg
Chief Marketing Officer
Veiko Krünberg linkedin

Advisors

Alexander Funck
Alexander Funck
Ashton Addison
Ashton Addison
Erhan Korhaliller
Erhan Korhaliller
Mark Fitzgibbon
Mark Fitzgibbon
Simple Simon
Simple Simon
Viktor DeFi
Viktor DeFi

Social media

Minterest web-siteMinterestYouTubeMinterest TelegramMinterest LinkedInMinterest TwitterMinterest Discord

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