Markets
Exchange
Futures
Finance
Promotion
More
Newbie
Log In

MIN

No. 613
Minswap
AMM
DeFi
DEX
Cardano
MIN Price Today
0
USD
4.06%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
1.08B
21.64%
Total Supply
5.00B

Price

MIN Price Change
24H
--
7 days
--
30 days
--
90 days
--
180 days
--
365 days
--
All
--

Markets

Exchange
Market
Price
24H Change
30D Change
24H Volume
24H Value
Coin Introduction
1. Project introduction
Minswap is a Decentralized Exchange (DEX) in Cardano chain. The purpose of a Minswap is to enable permissionless trading of token pairs. For each swap, a fee is taken, which goes to the Liquidity Providers (LPs). Anyone can provide Liquidity as well, hence profits are decentralized. Minswap is a community-centric DEX, in that $MIN tokens are fairly distributed, without any private or VC investment. Minswap has pioneered several ideas in the Cardano ecosystem such as the FISO model (touted as the fairest ISO model in the Cardano community) or a focus on Protocol Owned Liquidity. Features: - Community First: MIN tokens are distributed fairly to protocol participants and Liquidity Providers, who can participate in governance and vote democratically on protocol changes. -Innovation-Driven: Minswap pioneered ideas such as the FISO model, the MINt token, or the Liquidity Bootstrapping Event and plan to continue doing so with further novel initiatives. - Launchpool: Minswap is permissionless, meaning anybody can list tokens without needing KYC. - Stake Pool Operators Support: Minswap supported SPOs through the FISO and plans to continue doing so with a community-oriented ADA delegation policy, incentivizing SPOs in batching solution Laminar, and by enabling automatic native token fees conversion (Babel Fees).
2. Team introduction
Co-Founder: Phan Nguyen Huy Hieu https://www.linkedin.com/in/phan-nguyen-huy-hieu-831a77152/ Co-Founder & Engineering Lead : Long Nguyen https://www.linkedin.com/in/ngnlong/
3. Application and distribution
Token application: - Trading fee discount - Buyback MIN/ADA LP with trading fees Token distribution: Core Team: 10% Development Fund: 10% DAO Treasury: 6% Incentives & Partnerships: 1.5% Yield Farming: 70% Airdrop: 2.5%

Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.

The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.