Minterest Updates: Rewards, Seasons, and Opportunities

🚀 Last chance for rewards?

By Minterest
Oct 17, 2024, 5:45 PM
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Key Updates:

  • Minterest users who supplied $mETH can now claim $EIGEN rewards
  • Season 1 of methamorphosis is ending soon
  • Time-sensitive opportunities:
    • mETH Protocol Methamorphosis S1
    • Mantle Rewards Station x $COOK
  • Rewards distributed for:
    • Mantle Rewards Station x Skate: 5M Ollies Raffle
    • Mantle AI Fest: Next Phase
  • Last chance to earn exclusive badges:
    • mETH Explorer
    • Emoji Enthusiast
    • mETH Guru
    • mETH Advocate
  • Upcoming: Final phase of Mantle AI Fest with 100k $MNT prize pool

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Read more about Minterest

Minterest Introduces Protocol-Native Liquidation System

Minterest has launched a new Solvency Engine that transforms how DeFi liquidations work. Unlike traditional money markets that rely on external bots competing for 5-15% discounts on user collateral, Minterest handles liquidations internally on-chain. Key benefits: - Instant protocol-native liquidations vs delayed third-party liquidators - Only necessary collateral gets liquidated - 100% of liquidation fees flow back to ecosystem - Lower penalties for borrowers - Higher returns for liquidity providers and stakers The system aims to make liquidations feel like a gentle adjustment rather than a severe penalty. [Learn more about the Solvency Engine](https://minterest.com/blog/unveiling-the-powerhouse-minterest-solvency-engine/)

SEC Signals DeFi-Friendly Innovation Exemption

The SEC has proposed new rules at their June 9 crypto round-table that could significantly benefit decentralized platforms. The innovation exemption would: - Remove broker/dealer requirements for code-based protocols - Protect developers from smart contract liability - Accept on-chain transparency for compliance - Offer conditional relief during technology proving period This regulatory shift could provide U.S. builders with legal clarity while maintaining DeFi's core benefits. **Minterest** demonstrates alignment through: - In-protocol liquidations via Solvency Engine - 100% fee distribution to stakers - Deployment on Mantle, Taiko & Morph networks [Learn more about compliant DeFi](https://minterest.com)

Minterest Announces Higher Borrowing Limits on Taiko

Minterest Announces Higher Borrowing Limits on Taiko

Minterest, a cross-chain DeFi lending protocol, is set to increase borrowing limits on the Taiko network. This update aims to enhance user experience and expand lending opportunities. Key points: - Higher borrowing limits coming soon - Available on the Taiko network - Accessible via http://taiko.minterest.com Minterest is known for redistributing 100% of captured value back to users, making this update potentially beneficial for both lenders and borrowers on the platform. Users are encouraged to visit the Minterest platform on Taiko to explore these new opportunities and take advantage of the increased borrowing capacity.

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