Advertisement
AD

Main navigation

Public Mint Network (MINT) to Launch Easy-to-Use "Yield Farming" Solution EARN: Details

Advertisement
Mon, 12/04/2021 - 13:30
Public Mint Network (MINT) to Launch Easy-to-Use "Yield Farming" Solution EARN: Details
Cover image via U.Today
Read U.TODAY on
Google News
Contents
Advertisement

Public Mint (MINT), a user-friendly protocol for decentralized finances, shares the details of its intuitive program for "yield farming," EARN.

Diversifying assets between CeFi and DeFi

Merging the benefits of centralized finances (centralized stablecoins, custodial exchanges) and decentralized finances (algorithmic stablecoins, DEXs) is the core idea behind Public Mint (MINT) protocol.

EARN diversifies assets between CeFis and DeFis
Image via Twitter

Ideologically, it marries the reliable and regulated structures of centralized financial institutions with the previously unseen triple-digit annualized rewards of DeFi segment.

Within the framework of the EARN program, users' funds are distributed between centralized and decentralized blockchain-based services to ensure maximum profits with a high level of reliability.

Ten percent of all funds brought by protocol enthusiasts are immediately transferred to an insurance fund designed to cover possible losses in the case of the unexpected insolvency of one or more Public Mint (MINT) partners.

Bringing your fiat USD to "yield farming": introducing EARN

To start participating in the EARN program, users should first deposit their money to a Public Mint (MINT) account. Fiat U.S. Dollars can be deposited through wire transfers or ACH (for U.S. customers). USDC stablecoin integration is expected.

EARN clients will receive rewards in USD+ Dollar-pegged assets. Also, the system includes MINT governance tokens. MINT tokens are available for staking. MINT holders are eligible for significant trading discounts.

Fees collected from users will be disseminated between USD+ and MINT holders. The EARN program will launch around early Q3, 2021.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch For The First Time Ever
World's First Bitcoin Layer 2 Conference to Unite East & West in Hong Kong, April 2024
Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Our social media
There's a lot to see there, too

Popular articles