Earn crypto with Minter Hub Tools
Delegate HUB to oracles and receive portion of fees.Read More
Get additional reward for the very fact of locking your assets.Read More
Let other traders make operations using your funds—and get your share out of each trade.Read More
Users who provide liquidity to the cross-chain bridge will earn on the commissions received for cross-chain transfers and swaps.
Into a pair of two tokens, provide only the one that you have.
Secure cross-chain smart contracts tailored to all users. Advanced mode for developers and non-dev mode for simple deployment.
Smart contracts will be based on a regular Ethereum node with a modified consensus—the Hub’s oracles will act as validators. The EVM itself will be without modifications, so all smart contracts can be deployed to the network without changes.
The smart contracts will come in two modes: an advanced one for developers and a non-dev one for simple deployment.
How It Works
Minter Hub is a standalone blockchain with its own validators (oracles) that are connected to all networks at once (Minter, Ethereum, BSC) and have access to the multi-signature wallets on each.
Oracles lock the coin on one network and issue its ‘mirrored’ version on the other.
Minter Hub was designed to have 16 oracles and run on the PoS consensus, which means using stake as collateral in order to vote on blocks. If necessary, however, the decision on changing the rules and code can be made by blockchain’s oracles.
Cross-chain transfers are the new era of sovereign blockchains. They ensure not only the communication among the networks, but also reliable, fast, and secure decentralized transactions that no one can cancel, alter, or censor.
Speed and Cost
For example, Minter ⇔ Ethereum transactions take an average 20–60 seconds, which is pretty fast for cross-chain transfers. At the same time, it is quite expensive as truly decentralized processing requires a large amount of fees. On Ethereum, cross-chain fees are charged for each oracle’s signature, and on top of that, 1% goes to Minter Hub oracles as a service fee.
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Cross-chain bridge DApp
A web interface letting you move tokens across the networks in a user-oriented environment
Cross-Chain Listing of Tokens
Any existing project’s ERC-20 token can be included in the list of cross-chain tokens. There are three main ways to make a cross-chain listing of an Ethereum token on Minter.Read More
HUB is the Minter Hub network’s native token, whose supply is 1,000,000 units.
At the moment, HUB is minted on the Ethereum (ERC-20) and Minter networks with no lock-up periods or any other limitations, meaning the token is completely free to circulate.
It is impossible to increase the number of tokens (exceed the maximum supply). If tokens need to be burned or released, Minter Hub oracles take a vote.
Current HUB distribution
In the future, tokens on the fund’s part can be sold to investors or customers, accrued as rewards, or credited as payment for services. Below is the list of prospective blockchain participants and HUB token holders as we see it:
- Investors (with smart contract-based vesting of 3–5 years)
- Members of the community
- Partners (marketing, legal, exchange)
- Market makers
In addition to the 50,000 tokens already in circulation, an additional 50,000 tokens (max.) may be issued in 2021. The fund and the team will jointly develop a specific supply distribution roadmap in the beginning of 2022 once the bridge’s main launch stages have been completed and blockchains, integrated.
It’s already become standard practice for DeFi projects—e.g., Uniswap and 1inch—to distribute initial supply to the community and customers for free and subsequent issuance, to the team, investors, partners, and other useful participants.