Connect with us

Hi, what are you looking for?

Trading Secrets

Minter ICO: Empowering Global Rewards with HUB Tokens!

Minter ICO: Empowering Global Rewards with Interoperable HUB Tokens!

Minter emerges as a promising project that revolutionizes the way brands, communities, and bloggers create their own coins and loyalty systems. With the Minter Hub (HUB) blockchain, this project fosters seamless interoperability across various networks. That includes Ethereum and Binance Smart Chain. It also unlocks a world of possibilities for users.

Bridging Blockchains for Interoperability

Minter Hub is a pioneering blockchain that acts as a bridge between multiple networks, such as Minter, Ethereum, and Binance Smart Chain (BSC). Moreover, with future plans to interconnect Solana, Polkadot, Cardano, Polygon, Terra, Tron, EOS, and more, the company’s vision extends beyond boundaries.

The platform boasts its own validators, known as oracles, that are seamlessly connected to all networks simultaneously. In addition, these oracles possess access to multi-signature wallets on each network. That allows them to lock a coin on one network and issue its mirrored version on another. Thus, the company ensures flawless cross-chain transactions.

Unraveling Minter Hub’s Uniqueness

Minter Hub stands out for its remarkable interoperability, enabling users to perform a range of operations with their assets with utmost ease and efficiency. Some of the notable features include earning up to 1% from all cross-chain transactions and executing cross-chain transactions that take a mere 20–60 seconds on average. Moreover, the platform enables holding, sending, receiving, and trading assets, participating in DeFi markets through staking and yield-farming. Users can also benefit from liquidity mining and lending, as well as arbitrage opportunities. They can even develop cross-chain applications using API and SDK features.

The Native Token in Circulation

The heart of the Minter Hub ecosystem lies in its native token, HUB, with a fixed supply of 1,000,000 units. The team represented it as an ERC-20, BEP-20, and Minter token on Ethereum, BSC, and Minter blockchains. As such, HUB enjoys complete freedom of circulation without any lock-up periods or limitations. The token’s supply cannot surpass the fixed amount, ensuring a stable and predictable economy. Besides, the Minter Hub blockchain’s oracles make decisions regarding token burns and unlock through democratic voting.

Securing Minter Hub: The “Minter Hub Cave”

Minter Hub adopts a robust security scheme named the “Minter Hub Cave,” involving both hot and cold wallets, similar to those used on centralized exchanges. Hot wallets, represented by smart contracts on MultiSig and Ethereum wallets on the platform, store no more than 5% of the total funds. The company keeps the majority of the funds in a cold wallet. Guarantors responsible for timely transfers between hot and cold wallets also safeguard the funds.

The system ensures transparency and safety through a voting process. If there’s an excess of funds in hot wallets, oracles initiate a vote on transferring the tokens to a cold wallet. After a 3-hour voting period, the platform executes the transaction automatically. Although large cross-chain transfers may experience a 3-hour delay, the system’s resilience and security remain uncompromised.

The Forthcoming Minter ICO

The upcoming Minter ICO for HUB presents a captivating opportunity for investors and enthusiasts to be a part of a groundbreaking project that facilitates seamless cross-chain transactions and empowers the global rewards ecosystem. With the HUB token at its core, Minter Hub aims to reshape the way companies exchange loyalty points and rewards across blockchain networks. As the project continues to bridge multiple networks and gain traction in the crypto community, the HUB token’s utility and value are set to witness significant growth.

The post Minter ICO: Empowering Global Rewards with HUB Tokens! appeared first on FinanceBrokerage.

Enter your email address below and we’ll send you our best practices.

    You can unsubscribe at any time. Redstatefoundation respects your privacy and strives to be transparent about our data collection practices. Please read our Privacy Policy and Terms of Use.

    You May Also Like

    Trading Secrets

    What is the marginal rate of substitution and its formula? Key Takeaways: Trade-offs and Satisfaction: MRS shows the trade-offs consumers are willing to make...

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...