Crypto News: #BTC Mining Difficulty Hits Record High. #Bitcoin's mining difficulty experienced a 2.

03 Oct 2023, 09:22
📢 Crypto News: #BTC Mining Difficulty Hits Record High #Bitcoin's mining difficulty experienced a 2.7% month-over-month increase in September, with miners anticipating higher $BTC prices

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Mint Club
Mint ClubMINT #1367
Telegram
03 Oct 2023, 09:36
Mint Club V2 FAQ Q. What is the Mint Club protocol? --> It's a bonding curve backed token/NFT creator that allows you to launch a token and operate automated LP through a bonding curve mechanism. Q. Do we have new $MINT tokens that need to be swapped? --> No, $MINT is Mint Club's platform token. It's a BEP20 token with the contract address There won't be any new $MINT tokens. Q. Will the $MINT supply increase? --> No, $MINT has a total supply of 1.14T, and no one, including the team, can increase the supply because the token contract lacks a minting function. Q. I'm confused between the $MINT token contract and the Mint Club bonding contract. --> When we refer to the $MINT token, we mean the BEP20 platform token deployed with the contract address 0x1f3Af095CDa17d63cad238358837321e95FC5915. --> When we talk about the Mint Club bonding contract, we mean the platform's contract that allows users to create a token and apply a bonding curve mechanism. Q. What are the differences between Mint Club V1 and V2? --> Mint Club Version 1: You can create a BEP20 token on the BNB Chain by using $MINT as a base asset. When people purchase your token, $MINT tokens are locked in the bonding curve pool as collateral. --> Mint Club Version 2: You can create ERC20 (BEP20 is an ERC20 variant on the BNB Chain) and ERC1155 (NFT) assets on Ethereum, Optimism, Arbitrum, Base, BNB Chain, etc., by using ANY ERC20 tokens as a base asset, such as $ETH, $APE, $MINT, $OP, ... You can also customize the bonding curve design by adjusting step-based parameters. Q. I'm still confused about Mint Club V2's mechanism. Can you provide an example? --> Let's say someone creates a Sonny Fan Club (SFC) NFT pass (ERC1155) on the Base chain by using $DAI as a base asset. Then, the SFC NFTs will have a $DAI-based bonding curve pool that automatically forms based on token buying/selling activities (similar to the V1 protocol). When someone purchases SFC, $DAI will be locked in the bonding curve, and SFC will be minted to the buyer. When someone sells SFC, $DAI will be returned to the seller, and SFC will be burned. Users can also customize the bonding curve design, initial/max price point, free minting allocation, etc. Q. How will $MINT be used as the platform token of the Version 2 platform? --> We cannot disclose much information about this as it is currently under development. However, we can say that we will design the platform token economy by putting $MINT in the center so that its value can increase when the V2 platform performs well. Q. When will Version 2 be launched? --> Please check the
Mint Club V2 FAQ. What is the Mint Club protocol.
Mint Club V2 FAQ Q. What is the Mint Club protocol? --> It's a bonding curve backed token/NFT creator that allows you to launch a token and operate automated LP through a bonding curve mechanism. Q. Do we have new $MINT tokens that need to be swapped? --> No, $MINT is Mint Club's platform token. It's a BEP20 token with the contract address https://bscscan.com/token/0x1f3Af095CDa17d63cad238358837321e95FC5915. There won't be any new $MINT tokens. Q. Will the $MINT supply increase? --> No, $MINT has a total supply of 1.14T, and no one, including the team, can increase the supply because the token contract lacks a minting function. Q. I'm confused between the $MINT token contract and the Mint Club bonding contract. --> When we refer to the $MINT token, we mean the BEP20 platform token deployed with the contract address 0x1f3Af095CDa17d63cad238358837321e95FC5915. --> When we talk about the Mint Club bonding contract, we mean the platform's contract that allows users to create a token and apply a bonding curve mechanism. Q. What are the differences between Mint Club V1 and V2? --> Mint Club Version 1: You can create a BEP20 token on the BNB Chain by using $MINT as a base asset. When people purchase your token, $MINT tokens are locked in the bonding curve pool as collateral. --> Mint Club Version 2: You can create ERC20 (BEP20 is an ERC20 variant on the BNB Chain) and ERC1155 (NFT) assets on Ethereum, Optimism, Arbitrum, Base, BNB Chain, etc., by using ANY ERC20 tokens as a base asset, such as $ETH, $APE, $MINT, $OP, ... You can also customize the bonding curve design by adjusting step-based parameters. Q. I'm still confused about Mint Club V2's mechanism. Can you provide an example? --> Let's say someone creates a Sonny Fan Club (SFC) NFT pass (ERC1155) on the Base chain by using $DAI as a base asset. Then, the SFC NFTs will have a $DAI-based bonding curve pool that automatically forms based on token buying/selling activities (similar to the V1 protocol). When someone purchases SFC, $DAI will be locked in the bonding curve, and SFC will be minted to the buyer. When someone sells SFC, $DAI will be returned to the seller, and SFC will be burned. Users can also customize the bonding curve design, initial/max price point, free minting allocation, etc. Q. How will $MINT be used as the platform token of the Version 2 platform? --> We cannot disclose much information about this as it is currently under development. However, we can say that we will design the platform token economy by putting $MINT in the center so that its value can increase when the V2 platform performs well. Q. When will Version 2 be launched? --> Please check the https://docs.hunt.town/to-do-list.
BitKan
BitKanKAN #1122
Twitter
03 Oct 2023, 09:23
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