Mintlayer’s platform provides participants with unreliable staking, lending, and borrowing blockchain protocols aimed at improving decentralized finance (DeFi) interoperability with Bitcoin (BTC). To do.
The basic philosophy of the project is to create an environment that anyone can build freely, and to provide new, cheaper operation methods and market entry creatively. This will allow innovators to continue to open the door to DeFi for new users by developing tools that benefit the community and solving current market inefficiencies.
Mintlayer serves the DeFi market by improving token interoperability by allowing users to exchange value, create systems and features, and participate in truly untrusted finance. I am.
Mintlayer became the most oversubscribed Launchpool pre-IDO with a bet of over $ 15.3 million in December 2021. The $ MLT Utility Token has issued nearly $ 18 million through strategic funding rounds, forming strong strategic partnerships with industry-leading companies.
The platform eliminates the need to use native gas tokens for transactions and supports taxation, investment payments, and other tokenomic models of utility tokens through the tokenization ecosystem.
Mintlayer uses an integrated wallet built on Bitcoin with advanced options for storing, lending, borrowing and trading assets in a single network.
The platform’s value transfer and exchange capabilities include a two-way pegging system that allows cryptocurrencies from different blockchains to interact in a single protocol. This provides users with inherited Bitcoin capabilities with higher throughput and lower cost for all transactions.
Mintlayer enhances the Bitcoin ecosystem by offering scalable network mitigation, transaction batch processing, and coin joins, as well as the option to use a second-tier Lightning Network. This innovation can reduce transaction size by up to 70%. In fact, this reduces charges and pollutes your network.
The built-in DEX platform enables direct peer-to-peer transfers without the risk of censorship or interference, lowering the barrier to node execution. Network security is enhanced by a hybrid of the PoW protocol called Proof of Stake (PoS) and Dynamic Slot Allocation (DSA), thanks to the advanced mechanism of anchors and checkpoints in the Bitcoin network.
Members can create tokens with an optional sensitive transaction mode to amplify anonymity. This applies to multi-tokens, transaction grouping, and cross-chain transfers.
Mintlayer has partnered with industry leaders such as Alphabit, Launchpool, Moonwhale, X21, Iconomy and Lotus Capital.
The company will continue to build access to all forms of capital to help entrepreneurs and innovators contribute to the future of borderless finance that benefits the global community.
Get the latest news on Twitter. https://twitter.com/mintlayer
Start your experience and visit the following website: https: //www.mintlayer.org/
Media contacts
Company Name: Micky Pty Ltd
contact person: Michael mann rapig
Email: I send the mail
Country: Australia
Website: https://micky.com.au/adding-value-to-defi-and-bitcoins-interoperability-mintlayer/
