Big Shot
Raise Network:
BSC Mainnet
Distribution Network:
Ethereum Mainnet
Target Raise:
600k BUSD
Summary
Mintlayer is a layer-2 sidechain solution built on top of the Bitcoin (BTC) blockchain. Mintlayer is led by Enrico Rubboli (a former senior engineer at Bitfinex, who also led the development of Tether/USDT).
In short, Mintlayer enables the creation of tokens and smart contracts "powered by" (inheriting the security of, and providing interoperability with) Bitcoin. This makes DeFi use cases such as those currently found on Ethereum and other blockchains possible and scalable in a truly "Bitcoin native" environment (using real Bitcoin, not pegged or wrapped) for the first time. Mintlayer also supports Access-Control-Lists which facilitate the creation of compliant stock/security tokens, coinjoin-like features (transaction batching and signature aggregation), Lightning Network, NFTs, a new tokenization standard for issuing Monero-like tokens with confidential transactions, and the first ever free market for gas currencies (i.e. you can pay for transaction fees using any token that has been issued on Mintlayer, as long as there is demand from block signers).
Project coming soon
What is allocation mining?
Allocation mining is the action of staking $LPOOL to receive a part of the allocation offered by projects on the Launchpool platform.
What is AMR - Allocation Mining Reward
This is a measure akin to APY. It is designed to help participants understand the rate which they are mining allocation over the Allocation Mining Event.
What is an AME - Allocation Mining Event
An Allocation Mining Event (AME) is a staking pool in which you lock up your $LPOOL until the end of the AME (normally 4 or 5 days in length). Staking your $LPOOL in the AME gives you the option to purchase the allocation you mined - using ETH to make the investment - at the end of the AME countdown. After the AME your $LPOOL is returned, regardless of whether or not you take the allocation mined.
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