Minterest LBP Token Event Concluded – What’s Next?
04.22 UPDATE: Due to significant market support to prioritise Ethereum as the protocol’s launch network, we are launching on Ethereum first and will launch on Moonbeam later.
Thank you BuyNoEvil (Minterest ambassador) for giving us an initial idea for this blog post.
The Minterest protocol recently concluded a $5.52M LBP token allocation event on Copper. Although the event was mainly designed for large participant, smaller participants also suppored the LBP. This article will help you find answers to the most frequently asked questions related to the Minterest LBP token event.
This article will help you find answers to the most frequently asked questions related to the Minterest LBP token event.
Where can I track my investment and NFT level?
You can use the Minterest LBP dashboard to track your investment and NFT level. You can connect your Metamask wallet on the dashboard to see how many MNT tokens you have, their total value, and your current NFT level.
Did I win a Next Level NFT during the LBP?
To check whether you have won an NFT, you can go to the Minterest LBP dashboardand connect your Metamask wallet. Your NFT level will be displayed under ‘Your Status’ window on the right hand side of the screen.
NFTs were allocated during the LBP event depending on how much each participant contributed. Your NFT level depends on your position relative to other LBP participants on the leaderboard.
When and where will I receive my NFT?
All the NFTs will be released after the TGE by the end of Q1 2022 during the private launch of the protocol. The Minterest NFT collection will also be tradeable on NFTrade, the upcoming multi-chain NFT marketplace on Moonbeam. More information about the Minterest and NFTrade collaboration can be found here.
If you win an NFT during an AMA or on social media, you will receive all further instructions on how to obtain your NFT. We will never ask you to transfer funds, nor will we ask you for private information such as your Metamask wallet password or seed phrase.
You can track the NFT Lottery winners here: Results of the Minterest NFT Lottery And Goodies Giveaway
If you won an NFT during the LBP, you don’t have to take any further actions. The NFT will automatically be transferred to your Metamask wallet on the Moonbeam network during the Token Generation Event in Q1 2022.
When will the private launch of the Minterest Protocol take place?
Once again, we wish to thank and congratulate all CAE and LBP participants, supporters, and community members. We couldn’t have done this without you!
We are looking forward to what the future has in store for Minterest.
Minterest is a unique borrowing/lending protocol built by industry leaders to service the billions in Total Value Locked (TVL), in DeFi lending projects, with the specific aim of putting user benefits at its core. It provides users with a decentralised financial platform that is fair and inclusive.
The Minterest protocol has the world’s first buyback mechanism, which automatically passes on surpluses to contributing platform users. This way, users get protocol rewards on top of industry leading borrowing/lending rates, creating the potential for the highest long-term yields in DeFi. The protocol also has an on-chain treasury which captures and shares liquidation surpluses with users.