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MIN

No. 607
Minswap
AMM
DeFi
DEX
Cardano
MIN Price Today
0
USD
1.45%
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
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7 days
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30 days
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90 days
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180 days
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365 days
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All
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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%

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