The beta version of MixTrust #MixMint launched at 7 August10:00(UTC-4)
MixMint is a decentralized platform on Ethereum for the creation of Synths.
MixMint dApp: https://mint.mixtrust.exchange/
What is MixMint platform?
MixMint Beta version is a decentralized platform on Ethereum for the creation of Synths: on-chain synthetic assets. In the beta version, the MixMint platform only supports ETH to generate mxtETH, and more synthetic assets will be supported in the near future.
How to mint a new asset.
MixMint provides interoperability for decentralized finance (DeFi), allowing anyone to seamlessly synthesis digital assets in the DeFi ecosystem.
Holders can lock in MXT as collateral to mint a new synthetic assets with ETH. The operation is as follows: MXT holders need to stake MXT on MixMint platform and mint a new asset called mxtETH with ETH. The new token can be trade on uniswap freely. And in the future, we will launch DEX for synthesis asset transaction, the transaction fees from new token exchanged on DEX will be distributed to MXT holders/ minters, incentivizing MXT creation and increasing value of MXT. Unlock MXT need burn mxtETH.
How to burn synthesis asset.
When you burn some mxtETH, you’ll have the option to preview how many staked MXT will be unlocked as a result of your action. When you burn mxtETH, you will get the MXT staked before.