Mint Cash 🏛️♻️

A sovereign, permissionless layer 1 blockchain with a price-stable payments and savings currency system, backed by #Bitcoin🏛️♻️

[Mint Cash 🏛️♻️ @wemintcash]

WTF is Mint Cash?: A sufficiently simplified read on the Mint Cash stability mechanism, by @shinhyojin1031

https://t.co/XNhd7F7ybZ

[Mint Cash 🏛️♻️ @wemintcash]

The future of money is ████████████████

[Mint Cash 🏛️♻️ @wemintcash]

Hi all! Sorry to keep y'all waiting; we are planning to release a private demo and testnet by August with a major overhaul of the architecture, white paper, partnerships, and branding.

We do need to acknowledge that we are not a degen-oriented project like @ethena, nor do we intend to be one anytime in the future. All of us have builder backgrounds -- the project was announced way too early during its development cycle and we failed to keep up with the public's expectations. We apologize for this.

Regardless, we will be back with more official updates closer to the private demo/testnet date.

[Mint Cash 🏛️♻️ @wemintcash]

We are currently tripling our developer headcount. Should be able to actively post again soon

[Mint Cash 🏛️♻️ @wemintcash]

Here's for round 2

[Mint Cash 🏛️♻️ @wemintcash]

OK, y'all wanted more burns? Here you go.

In celebration of reaching 11M burned USTC in half a day -- the 100x Burn Cap Trial will be extended by another 24 hours.

[Mint Cash 🏛️♻️ @wemintcash]

OK, y'all wanted more burns? Here you go.

In celebration of reaching 11M burned USTC in half a day -- the 100x Burn Cap Trial will be extended by another 24 hours.

[Shin Hyojin 신효진 🏛️♻️ @shinhyojin1031]

As you can see -- most of this was planned.

If you don't like how we are running things, then feel free to hit that unfollow button.

We accept valid criticism with open hearts, but not trolls on X and YouTube.

[Mint Cash 🏛️♻️ @wemintcash]

To clarify, this means the 100x trial will end on March 19th, 9:59 AM KST; 8:59 AM China/Singapore time; 12:59 AM London time; and March 18th, 8:59 PM EDT (New York).

We will look at data from this 48 hours to determine by how much we should permanently increase slot size.

[Mint Cash 🏛️♻️ @wemintcash]

OK, y'all wanted more burns? Here you go.

In celebration of reaching 11M burned USTC in half a day -- the 100x Burn Cap Trial will be extended by another 24 hours.

[Mint Cash 🏛️♻️ @wemintcash]

Announcing the 100x Burn Cap Trial Program

As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours.

This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata.

We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year.

If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount.

We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!

[Mint Cash 🏛️♻️ @wemintcash]

Now live at https://t.co/F6kcy4YgRb

[Mint Cash 🏛️♻️ @wemintcash]

Welcome newcomers!

This might be a good time to rewind how Mint Cash works in the backend: https://t.co/XNhd7F7ybZ

[Mint Cash 🏛️♻️ @wemintcash]

@YitaoGuo You will be able to withdraw on mainnet launch -- as long as you securely manage your own keys, you won't get hacked

[Mint Cash 🏛️♻️ @wemintcash]

10M

[Mint Cash 🏛️♻️ @wemintcash]

@krupda42 We are buildin'

[Mint Cash 🏛️♻️ @wemintcash]

@Catfish_86 1B for ANCS, 1B for oppaMINT; MINT supply is dictated by how much Bitcoin is provided as collateral to the system, i.e. no fixed supply

[Mint Cash 🏛️♻️ @wemintcash]

@Catfish_86 @krupda42 We are buildin'

[Mint Cash 🏛️♻️ @wemintcash]

Now live at https://t.co/F6kcy4YgRb

[Mint Cash 🏛️♻️ @wemintcash]

Announcing the 100x Burn Cap Trial Program

As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours.

This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata.

We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year.

If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount.

We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!

[Mint Cash 🏛️♻️ @wemintcash]

100x Burn Cap Trial to go live in 14 hours!

- 10AM March 17th in Korea & Japan
- 9AM March 17th in China & Singapore
- 9PM March 16th in New York
- 1AM March 17th in London

[Mint Cash 🏛️♻️ @wemintcash]

Announcing the 100x Burn Cap Trial Program

As a sign of respect for the original Terra whitepaper's 6th launch anniversary, March 17th, we will temporarily lift the burn cap from the current 1,000 USTC to 100,000 USTC on March 17, 2024 for a limited time of 24 hours.

This will allow one person to burn 51,100,000 USTC at a time with maximum referrals -- and, consequently, claim more oppaMINT/ANCS tokens pro-rata.

We are taking this opportunity as a temperature check to first see how an increased burn cap may affect (i) token distribution, and (ii) our core Protocol stability when we launch later in the year.

If this trial rollout goes well, we will then proceed with permanently increasing the Burn Cap by a substantial amount.

We will be rolling out more trials in the future, so please bear with us while we figure out how exactly token distribution schedules should look like!

[Mint Cash 🏛️♻️ @wemintcash]

@ALorman43671 Should be back up now!

[Mint Cash 🏛️♻️ @wemintcash]

Thank you Fred for our first Research Post on Agora!

Will be posting more research topics from our end as the project progresses.

https://t.co/bCLwEf69R7

[Mint Cash 🏛️♻️ @wemintcash]

@pengpwengsu Should be back up now!

[Mint Cash 🏛️♻️ @wemintcash]

@Li2177045588141 Should be back up now!