Yield Gets Real.

Dollar for dollar Minterest delivers the highest long-term yields in DeFi.

Enter App

How it works

Minterest captures more fees than any other lending protocol and redistributes them as rewards back to users who contribute to its governance with the highest long term yields.

The highest long term yield in DeFi

  • Technical innovation

    Made possible by DeFi’s first liquidation engine, Minterest is able to capture significantly more fees than any other protocol.

  • Maximised APYs

    Using maximised fees, the protocol buys back its native MNT token to distribute as rewards to users who contribute to governance. In return they receive the highest long term yields in DeFi.

  • Asset protection

    Minterest sophisticated risk prediction engine supports borrowers in protecting their assets. With live alerts, the engine allows effective management of downside risk.

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A global portfolio of leading investors

Minterest Blog

All news
  • TECH
    INSIGHTS

    Minterest Continues to #BUIDL

    At Minterest we never stop building. Here we are sharing latest product releases

    • 30, November 2022

      Security Improvements

      We have made some more security improvements to the new isolated production infrastructure by moving production hosted zone into the corresponding environment.

    • 25, November 2022

      Delay Emission & BDR Boosting

      The current logic works in such a way that during the delay period, the boosts from the NFT or BDR are divided into a delay and a normal part.

      At the moment of transition from delay period to claimable period – we use the final MNT index of the market in order to separate the delay part for the period, but delayEndIndex is taken from the market storage, i.e. no boosts will affect it, and as a result, the delay part is calculated only for diff = delayEndIndex – lastMntUserIndex, and the boost is calculated without any correction factors.

    • 22, November 2022

      Set Up Isolated Infrastructure For Production Environment

      We are moving our services to the private subnet in order to follow security guidelines. ECS and Lambda services will be able to reach the database from the private subnet via the private endpoint (restricted IP addresses).

    • 17, November 2022

      Update Production Deployment Scripts

      We have fixed the deploy scripts, deploy configs, and deploy checks according to current Solidity Architecture. We have also enabled CI pipelines for deployment checks.

    • 15, November 2022

      CD process for updating ECS service

      We have set up the CI/CD for production off-chain services. The new CD pipeline will update the containers with each commit along with a Slack notification.

    • 10, November 2022

      Vesting Schedule

      We have added the relative time instead of absolute time for the vesting schedule with a condition that vesting schedule has not been started in the past. 

    • 08, November 2022

      API Changes

      We have added some backend API changes as it was necessary for the new contract architecture. The changes will soon be reflected in the new documentation. 

    • 21, October 2022

      Prepare MNT contract for AML

      We are adding AML integration to the MNT contract using a dedicated API that will allow the AML contract to define whether or not the user is blocked specifically for MNT operations such as transfers.

    • 20, October 2022

      Sign “Approve + Supply” in one Transaction

      Currently, the Approve and Supply needs two separate transactions. We plan to do both of these in one single transaction using a Multicall feature that uses signed data within the Supply transaction to approve the allowance.

    • 19, October 2022

      Allow closing the Connect Wallet modal

      Customers can now close the Connect Wallet modal if they opened with a direct link. For logged in customers, the app page is loaded and the Connect Wallet modal opens automatically.

    • 27, September 2022

      Liquidation transaction costs

      We have added a dedicated transaction cost calculation mechanism for liquidation transactions. There are three different transaction costs involved, i.e., the weight of the liquidation transaction + exchange transaction + protocolInterest replenishment transaction. The new mechanism will involve the subsequent adjustment of the algorithm to make it more efficient.

    • 12, September 2022

      Create pagination on transaction history

      We have added infinite scrolling with a scroll bar in the table that displays all the transaction history of the user in case the data doesn’t fit on a single page. Instead of moving across several pages, users can see everything in one place.

    • 08, September 2022

      Refinement of the Net APY formula

      We are refining the Net APY formula in the protocol calculations to include net annual rate across all the markets and added a filter that displays the correct value on the front-end UI.

    • 05, September 2022

      Crypto denominated positions

      In addition to USD denominated positions, users can now see their positions in any of their designated crypto assets, which include BTC, ETH, or any supported asset in users’ portfolio.

    • 01, September 2022

      Dynamic time selector

      We have added a dynamic time selector for three charts: Market Historical Yield, Total Returns, and Total Net APY. Users can switch between yearly, monthly, and daily charts, based on the availability of data.

    • 29, August 2022

      Integrations

      To make Minterest protocol easier to interact with and used by other devs and tools, we build APIs with comprehensive documentation.

    • 25, August 2022

      Improve indexer API logging

      We are improving our indexer API logging to allow us to have all the useful information upon calling different endpoints. The new indexer-API service will print information about all the requests.

    • 22, August 2022

      Fixing IPFS errors on NFT indexer 

      We have added a failsafe mechanism in our indexer that pulls NFT data from IPFS to avoid getting errors that occur occasionally during the parsing of NFT data.

    • 18, August 2022

      MNT price on mainnet 

      We are adding admin modifiers to the Chainlink oracle feed contract that allows us to implement a fallback oracle provider to get MNT price on the mainnet.

    • 16, August 2022

      Chart enhancements

      We have added a new feature into our charts where Y-axis will display negative values and an UI enhancement where larger values do not go beyond the chart labels to make them better readable.

    • 11, August 2022

      Responsive UI for Markets Overview page

      Our markets overview page is now responsive in accordance with the design changes that is more seamless and intuitive for customers on mobile and tablet.

    • 08, August 2022

      Setting borrowing limits for markets

      We have added a new borrowing model that adds a hard cap on the borrowing limit. When a customer enters a larger amount, he is restricted to the MAX borrowing limit set by the protocol on a pool-by-pool basis.

    • 04, August 2022

      Portfolio UX improvements

      We have added a new feature under the portfolio dashboard where we will display smaller amounts (less than $1,000,000) up to 2 decimal places and completely omit the decimal places if the amount is larger than $1,000,000. 

    • 01, August 2022

      Improved deployment for production environment

      We are improving the flow for our production environment by setting up CI/CD pipelines to automate the stages of the production environment that will give us better control from integration and testing phases to delivery and deployment.

    • 28, July 2022

      New rules for assets sorting 

      We have added three new sorting rules where customers can see larger markets on top. Customers can sort by Total Lent, Total Borrowed, and under their portfolio dashboard, they can sort by LENT so they can see bigger markets first.

    • 25, July 2022

      Disabling borrow for selected markets

      The Minterest admin role can now disable borrowing functionality for selected markets to allow for liquidity build up within those markets before borrowing action is performed.

    • 21, July 2022

      WalletConnect integration

      WalletConnect has been integrated as part of our wallet integration roadmap. Undertaking wallet-triggered blockchain transactions with WalletConnect to verify the flow.

    • 18, July 2022

      Rewriting the swap router algorithm

      The swap router algorithm has been re-written to improve swapping of exchange pairs more efficient. Undertaking current unit testing.

    • 11, July 2022

      Enabling withdrawals of different MNT balances

      A new feature has been added that allows the withdrawal of all the possible MNT sources, which include available MNT wallet tokens, staked tokens, and vested tokens

    • 04, July 2022

      UX improvements on the Desktop version of the app

      Major UX improvements have been made in the desktop version of the app for a more snappy and intuitive experience.

    • 01, July 2022

      Ledger Wallet Integration

      Ledger Wallet has been integrated as part of our wallet integration roadmap. More wallet integrations to be announced soon.

All news
  • What is the Minterest Protocol?

    Minterest is a decentralised lending protocol which facilitates interest rate markets for token assets. It features a unique economic model where the protocol itself captures 100% of the fees generated from its functions, including interest, flash loan, and auto-liquidation fees.

    These fees are exchanged via automated buyback processes for its native MNT governance token which is then distributed to its users to reward them for their participation in the protocol’s governance. In doing so, Minterest delivers its users the highest long term yields in DeFi.
  • What is Minterest (MNT) governance token?

    The MNT governance token rewards user participation.

    Users who supply liquidity and borrow liquidity, each earn MNT as Standard Rewards.

    Users are additionally rewarded for participating in protocol governance, receiving MNT as Governance Rewards. The value of long term participation is recognised, so the longer a user participates the greater the proportion of Governance Rewards they earn.
  • What is MNT Buyback?

    Buyback processes allow the protocol’s fees to be swapped for MNT, which is distributed to users as Governance Rewards for their participation in protocol governance.
  • What is the Minterest Liquidation Engine?

    Minterest’s sophisticated system of smart contracts interacts with an automated bot array to replace the function of the external liquidator. In identifying under-collateralized borrower positions, it repays the borrower’s collateral to restore their position to solvency.
  • What are Minterest NFTs

    Minterest NFTs enable liquidity providers to earn increased rewards. Known as NFT Rewards, owners of an NFT receive an increased percentage of their Standard Rewards. Each NFT is unique and benefits only its holder, with the percentage increase determined by its rarity. NFTs also allow access rights to Minterest’s Private Launch.