Minterest Reopens with Enhanced Security and 2x Emissions
We’re pleased to reopen Minterest with enhanced security and a three-week period designed to reward your continued support and participation on Minterest.
2x Emissions for All Users
Supply and Borrow on Minterest to earn up to 2x emission rewards for $MNT and/or $MINTY across all supported markets over the next three weeks:
Week 1
(3.08 - 9.08)
+100% (2X) increase in emissions.
Week 2
(10.08 - 16.08)
+75% (1.75X) increase in emissions.
Week 3
(18.08 - 23.08)
+50% (1.5X) increase in emissions.
Additional 1.4x Boosted Emissions for Affected WETH/mETH Users
WETH/mETH suppliers affected by the recent security receive a +40% (1.4X) boost in $MNT and $MINTY rewards for three months (ending November 2, 2024).
This is an effective +180% (2.8X) increase in rewards for Week 1 when stacked together with the 2x Emissions Campaign.
Note: This boost replaces any existing NFT boost (Level 4-12) the user may hold.
Example of Boosted Rewards
A simple example of how the combined boosts could impact your rewards:
If, for your Supply and Borrow positions, you would normally have earned 100 MNT + 100 MINTY as yield in a given week, your updated earnings for the weeks ahead would be:
Week 1
- 2.8X = 280 MNT + 280 MINTY
Week 2
2.45X = 245 MNT + 245 MINTY
Week 3
2.1X = 210 MNT + 210 MINTY
Week 4-12
1.4X = 140 MNT + 140 MINTY
Note: the above is simply for illustrative purposes using a purely static environment. Emissions rewards on Minterest operate in a dynamic setting and change block by block based on the amount supplied and borrowed.
How It Works
Simply continue using Minterest as usual. The increase in yield is applied automatically, rewarding your engagement without requiring any extra steps from you.
Why Participate?
This initiative is our way of expressing gratitude for your patience and support. We thank you for being a part of Minterest community as we work towards a stronger and more secure future.
