As the NFT landscape matures, the ecosystem of Mint Blockchain becomes increasingly dynamic. Aligned mission & vision with Mint Blockchain, we recognized the growing demand for smoother token exchanges and NFT trades on Mint, as well as the emergence of NFTFi tools that unlock liquidity and new use cases for these assets.
It is in this context that MintSwap is developed, facilitating seamless and innovative NFT and DeFi experiences for the Mint Blockchain ecosystem, and more. With a comprehensive understanding of the vast potential of NFTs, MintSwap seeks to address the challenges faced by key players in the Mint Blockchain ecosystem in this burgeoning market and is aiming to be a driving force behind innovation in the web3 industry.
About MintSwap
MintSwap is the DEX & NFT marketplace on @Mint_Blockchain, providing token DEX, NFT trading, and NFTFi functions for Web3 users.
MintSwap is the first native DeFi protocol and native DeFi protocol and NFT marketplace on Mint Blockchain for the best Mint-native teams and tokens to build on. MintSwap integrates the entire lifespan of a token — from zero to hero — into one protocol. For developers, MintSwap supports exclusive fair launch mechanics and token management tools built by DeFi’s best; and for general users, MintSwap supports advantageous yield and LP opportunities, built-in social and analytic features, and an easy trading experience.
Core Features
MintSwap is designed to drive innovation and accessibility within the Mint Blockchain ecosystem, and the team is currently developing a comprehensive roadmap for future expansion. In Q2 2024, MintSwap launched with token DEX and NFT marketplace as its core features.
Token Dex
MintSwap’s DEX, derived from the well-known Uniswap V3 Protocol, is a peer-to-peer system designed for exchanging cryptocurrencies (ERC-20 Tokens) on the Mint blockchain.
AMM (automated market makers): the core product of MintSwap, enabling on-chain trades of utility and governance tokens without interfacing with an order book.
Concentrated Liquidity: the defining idea behind MintSwap. This allows liquidity providers to focus their capital within specific price ranges, leading to better liquidity for traders and higher fees for providers. LPs can customize their strategies with multiple price positions.
Swaps: unlike traditional order book trades, swaps using MintSwap protocol execute against a passive pool of liquidity, with liquidity providers earning fees proportional to their capital committed.
NFT Marketplace
The NFT marketplace of MintSwap is designed as a decentralized on-chain system for exchanging NFTs on Mint Blockchain.
On-chain Orders: MintSwap stores NFT exchange orders directly on the Mint Blockchain, making listings and bids easily accessible.
Supported Tokens: NFTs of ERC721, ERC1155 and ERC404 are supported in trading, including listing, buying, and making offers on entire collections. Payments of ETH or ERC20 tokens are supported when listing NFTs, while only ERC20 tokens are supported when making biddings at this stage.
Exchange Fees: consist of exchange protocol fee (0.3% on Mint Sepolia Testnet) and collection owner fee set by NFT contract owner.
Powering Future of Mint Blockchain
From December 2023, Mint Blockchain has now grown into a worldwide community with users from 210 countries, and MintSwap is poised to become a cornerstone of the Mint Blockchain ecosystem. By providing a user-friendly platform for secure token swapping and NFT trading, and accelerating the exploration and realization of the unlimited potential of the NFT market, MintSwap is ready to facilitate seamless and innovative NFT and DeFi experiences for Mint Blockchain ecosystem, and more!