Minterest
Description
Minterest is a decentralised lending protocol built on Ethereum with a unique economic model. Its unique design attracts and rewards long-term liquidity and holders with Minterest, distributing value captured by the protocol to participants and $MINTY token holders who stake $MINTY and actively participate in its governance. Minterest improves on current DeFi lending protocols. Using auto-liquidations, Minterest captures 100% of protocol fee value, more than any other, while minimising impacts on borrowers. Protocol value is transferred via buyback mechanisms to users as Governance Rewards, incentivising users to stake $MINTY and participate. Longer-term participation earns increased voting weight, leading to an increased proportion of rewards. The protocol accumulates $MINTY Governance Rewards in its Strategic Reserve, causing long-term on-market scarcity. This supports the demand for $MINTY, which is instrumental in supporting the long-term value of emission rewards. Increasing the value of emission rewards supports the attraction of further TVL, leading to greater opportunities for protocol to capture fee value which in turn increases buyback value.
Total balance (24h)
234,415
Total balance (30d)
233,721.7
Total balance (7d)
234,415
Total volume (24h)
1,055.55
Total volume (30d)
633,814
Total volume (7d)
45,187.81
Transaction count (24h)
15
Transaction count (30d)
407
Transaction count (7d)
89
Unique active wallets (24h)
7
Unique active wallets (30d)
84
Unique active wallets (7d)
34
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https://twitter.com/Minterest