MINMinswap (MIN) Price

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%