Minter’s Month in Review — April 2021

🚀 The long-awaited Minter 2 upgrade arrived, but that’s just the beginning! Trading volumes across liquidity pools have already reached millions of dollars, even despite that a bridge to Ethereum is still being tested and HUB remains the only coin mirrored. Very soon, the Minter Hub blockchain will make it possible to bring other coins and tokens from Ethereum and Binance Smart Chain to Minter. You’ll no more need to wait for more than 5 seconds and pay more than $0.01 for transfers!

Product

Community

  • List of all transaction fees of the network now available on a separate page on Chainik, an alternative explorer
  • Another stage of the Bug Bounty program completed

Ideology

  • Deposits opened for the issuance of HUB on Binance Smart Chain

Marketing

  • HUB token added to CoinMarketCap, CoinGecko, Blockfolio, and TrustWallet
  • New HUB token farming program announced for those who supply liquidity to the HUB-USDT pool
  • Etherscan now displaying the profile of HUB with price and capitalization
  • Minter 2 launch as the hottest event of April on CoinMarketCal
  • A burn of ≈300 million BIP announced. This move will strengthen the network’s economy, because a large volume of coins will be removed from circulation and therefore will never enter the market
  • The burn event added to the largest crypto calendar with 2,800+ upvotes at the time of writing
  • Ad campaign running on Facebook, Instagram, YouTube, and Google
  • Short video presentation about Minter Network

Liquidity

  • Minter’s market cap crossed the $100M mark for the first time
  • HUB-ETH liquidity pool launched on Ethereum
  • More than 136 million BIP deposited for further conversion into BIPx on the Ethereum and BSC networks as of the end of April
  • Hub’s fully diluted market cap surpassed $160 million with its native digital token HUB making a 100% price gain in April alone (from $80 to $160)

Tech

Blockchain

  • The Minter network launched following a successful upgrade to v2: Non-reserve tokens, AMM-enabled liquidity pool swaps, and 0.2% of fees in reward for providing liquidity
  • The Minter Hub network went live with the first oracles joining shortly afterwards. Some of them initiated their own HUB staking programs
  • HUB became the first Ethereum token mirrored on the Minter network
  • On April 26, control over the HUB token was transferred to the Minter Hub oracles
  • JS SDK released along with documentation and transaction debugger
  • Minter Node updated to v2.1.0 to fix the error in the code enabling validators to vote on the size of network fees

Android & iOS

  • Making the wallets compatible with Minter 2
  • Bug fixes for BIP Wallet on Android

Console, Explorer, & Other

API, Gate, & SDK

  • API improvements needed to support new functionality that comes with Minter 2
  • JS, Java, PHP, and С++ SDKs all got a new version
  • Go SDK documentation revised

All projects are welcome to publish their progress reports under the Minter0421 tag.

Supporting development and adoption of Minter, a digital assets marketplace powered by a fast blockchain. Other social media: minter.org/#follow