🌌DeFi yield farming is a way to receive cryptocurrency using the cryptocurrency you already possess🌌
A user places cryptocurrency in a liquidity pool on a particular platform, becoming a liquidity provider, and receives rewards.
Rewards are either received in the form of fees or distributed among liquidity providers from a particular volume of particular tokens.
Metrics for profitable farming:
💫APR - annual percentage rate.
💫APY - annual percentage yield.
💫TVL - total value locked, showing the liquidity of pools. The higher the TVL, the higher the yield.
A user places cryptocurrency in a liquidity pool on a particular platform, becoming a liquidity provider, and receives rewards.
Rewards are either received in the form of fees or distributed among liquidity providers from a particular volume of particular tokens.
Metrics for profitable farming:
💫APR - annual percentage rate.
💫APY - annual percentage yield.
💫TVL - total value locked, showing the liquidity of pools. The higher the TVL, the higher the yield.
📍Check yourself - pass the test!
1. How is the user who placed tokens on a particular liquidity pool called?
1. How is the user who placed tokens on a particular liquidity pool called?
Anonymous Poll
0%
market maker
0%
trader
100%
liquidity provider
0%
arbitrator
0%
advanced user
2. What does TVL stand for?
Anonymous Poll
18%
total trading volume on a platform
82%
total liquidity of pools
0%
liquidity pool`s growth pace
0%
supply rate
0%
pool's yield
🙌Educational course is over, but there's always room for improvement!🙌
Dear friends! If you correctly passed the tests we posted this week, congratulations - you became well-versed in the topic!
However, DeFi is an incredibly diverse and complex topic, so we want to share with you five valuable articles from the crypto industry whales to expand the boundaries of your knowledge.
🔴An Overview of Bitcoin's Price History
🟢How to protect yourself from DeFi hackers
🔵What is Huobi Token (HT)
🟣The Most Trusted Way to Access, Store and Swap Tokens Just Went Mobile
🟡Binance Smart Chain vs. Ethereum: What's the Difference?
Share your impressions of the course!
Dear friends! If you correctly passed the tests we posted this week, congratulations - you became well-versed in the topic!
However, DeFi is an incredibly diverse and complex topic, so we want to share with you five valuable articles from the crypto industry whales to expand the boundaries of your knowledge.
🔴An Overview of Bitcoin's Price History
🟢How to protect yourself from DeFi hackers
🔵What is Huobi Token (HT)
🟣The Most Trusted Way to Access, Store and Swap Tokens Just Went Mobile
🟡Binance Smart Chain vs. Ethereum: What's the Difference?
Share your impressions of the course!
📢A guide on How to Make a Cross-Chain Transfer to Metamask if you have USDT BEP-20, BEP-2, ERC-20, TRC-20 or Algorand
We draw a detailed guide on transferring USDT tokens of BEP-20, BEP-2, ERC-20, TRC-20, or Algorand to USDT (HECO).
💛To purchase BTCMT tokens, you should have USDT (HECO).
In our guide, we consider Huobi Global as an example, describe transfer for each standard step by step, and tell how to transfer USDT from Huobi Global to Metamask.
🔷The full text of the guide is available on the link: https://medium.com/@btcmtofficial/how-to-make-a-cross-chain-transfer-to-metamask-if-you-have-usdt-bep-20-bep-2-erc-20-trc-20-or-b070ac0fb6a0
🔺Feel free to write us in telegram- chat for all issues:
https://t.me/btcmtofficial
We draw a detailed guide on transferring USDT tokens of BEP-20, BEP-2, ERC-20, TRC-20, or Algorand to USDT (HECO).
💛To purchase BTCMT tokens, you should have USDT (HECO).
In our guide, we consider Huobi Global as an example, describe transfer for each standard step by step, and tell how to transfer USDT from Huobi Global to Metamask.
🔷The full text of the guide is available on the link: https://medium.com/@btcmtofficial/how-to-make-a-cross-chain-transfer-to-metamask-if-you-have-usdt-bep-20-bep-2-erc-20-trc-20-or-b070ac0fb6a0
🔺Feel free to write us in telegram- chat for all issues:
https://t.me/btcmtofficial
🙌❓Gate or Huobi Global - which is a better way to buy HT?
HT is our partner Huobi Global token. It is used to pay a Gas fee when buying BTCMT or staking on the Minto platform.
HT is available on two platforms - Huobi Global and Gate.
Peculiarities of buying on these two platforms:
🔵Huobi Global:
🔷registration required
🔷minimal number of tokens to withdraw - 2.0088 HT
🔷low HT price
🟠Gate:
🔶registration required
🔶minimal number of tokens to withdraw - 0.45 HT
🔶territorial restrictions: Washington (USA), New York (USA), Cuba, Iran, North Korea, Sudan, Syria, Pakistan, Crimea, Thailand, Venezuela
🔶higher HT price
Choose the platform depending on the volume of transactions on the Minto platform you will be conducting.
🚩Read a guide on how to buy HT on both platforms:
https://medium.com/@btcmtofficial/a-guide-on-how-and-why-to-buy-ht-19b3b024f77d
HT is our partner Huobi Global token. It is used to pay a Gas fee when buying BTCMT or staking on the Minto platform.
HT is available on two platforms - Huobi Global and Gate.
Peculiarities of buying on these two platforms:
🔵Huobi Global:
🔷registration required
🔷minimal number of tokens to withdraw - 2.0088 HT
🔷low HT price
🟠Gate:
🔶registration required
🔶minimal number of tokens to withdraw - 0.45 HT
🔶territorial restrictions: Washington (USA), New York (USA), Cuba, Iran, North Korea, Sudan, Syria, Pakistan, Crimea, Thailand, Venezuela
🔶higher HT price
Choose the platform depending on the volume of transactions on the Minto platform you will be conducting.
🚩Read a guide on how to buy HT on both platforms:
https://medium.com/@btcmtofficial/a-guide-on-how-and-why-to-buy-ht-19b3b024f77d
💫Are there any extra fees when staking, buying, or selling tokens?💫
You should pay a Gas commission to make a transaction.
🟡On the Minto platform, gas is paid with HT tokens. Read more about how and where to buy them on the link:
https://medium.com/@btcmtofficial/a-guide-on-how-and-why-to-buy-ht-19b3b024f77d
🟢Statistics on the HT token: https://coinmarketcap.com/uk/currencies/huobi-token/
Users pay a fee for buying tokens and staking. However, the HECO blockchain charges low transaction fees compared with the Ethereum network.
Once listed, BTCMT tokens will be available on exchanges. However, each exchange charges different fees for transactions, so we cannot affect the commission size there.
We will publish the information about the listing, so stay tuned.🔥
You should pay a Gas commission to make a transaction.
🟡On the Minto platform, gas is paid with HT tokens. Read more about how and where to buy them on the link:
https://medium.com/@btcmtofficial/a-guide-on-how-and-why-to-buy-ht-19b3b024f77d
🟢Statistics on the HT token: https://coinmarketcap.com/uk/currencies/huobi-token/
Users pay a fee for buying tokens and staking. However, the HECO blockchain charges low transaction fees compared with the Ethereum network.
Once listed, BTCMT tokens will be available on exchanges. However, each exchange charges different fees for transactions, so we cannot affect the commission size there.
We will publish the information about the listing, so stay tuned.🔥
🟣 How to withdraw money from staking🟣
So you got your tokens staked and now want to receive your mining rewards.
🌌Connect your wallet to our website: https://minto.finance/ and switch to the “Mining” tab.
In the window that opens, you will see the number of available rewards in HBTC. Next, enter the number of tokens you want to withdraw and click “Claim”:
💎Then HBTC will arrive in your wallet. HBTC is a tokenized BTC issued by Huobi Global and pegged to the BTC rate.
Read more on our Medium: https://medium.com/@btcmtofficial/how-to-withdraw-money-from-staking-93a22db0ea55
So you got your tokens staked and now want to receive your mining rewards.
🌌Connect your wallet to our website: https://minto.finance/ and switch to the “Mining” tab.
In the window that opens, you will see the number of available rewards in HBTC. Next, enter the number of tokens you want to withdraw and click “Claim”:
💎Then HBTC will arrive in your wallet. HBTC is a tokenized BTC issued by Huobi Global and pegged to the BTC rate.
Read more on our Medium: https://medium.com/@btcmtofficial/how-to-withdraw-money-from-staking-93a22db0ea55
🟢How to find out the number of coins issued?🟢
The number of coins issued affects their price and the amount of rewards, so knowing this figure helps you plan your finances properly.
💫To check the current number of coins issued, you should connect your wallet to the website: https://minto.finance/ and move to the “Stats” tab.
You will see the current number of BTCMT issued in the “Total Issued” graph.
🌿Read more detailed information on our Medium: https://medium.com/@btcmtofficial/how-to-find-out-the-number-of-coins-issued-925ffd31815b
The number of coins issued affects their price and the amount of rewards, so knowing this figure helps you plan your finances properly.
💫To check the current number of coins issued, you should connect your wallet to the website: https://minto.finance/ and move to the “Stats” tab.
You will see the current number of BTCMT issued in the “Total Issued” graph.
🌿Read more detailed information on our Medium: https://medium.com/@btcmtofficial/how-to-find-out-the-number-of-coins-issued-925ffd31815b
🌿How to find out the number of coins in staking?
As a part of the staking program, we distribute all the rewards among stakers no matter how many of them take part. That is, the fewer stakers participate, the bigger the reward for every 100 BTCMT.
🌍To check the number of coins currently staked, connect your wallet to our website: https://minto.finance/
Then move to the “Stats” tab, and you will see the current number of staked BTCMT in the “Total Staked” graph.
🟢On the same page, you can calculate the rewards that would come from a certain number of BTCMT tokens.
For more details, read our Medium: https://medium.com/@btcmtofficial/how-to-find-out-the-number-of-coins-in-staking-209514d8264f
As a part of the staking program, we distribute all the rewards among stakers no matter how many of them take part. That is, the fewer stakers participate, the bigger the reward for every 100 BTCMT.
🌍To check the number of coins currently staked, connect your wallet to our website: https://minto.finance/
Then move to the “Stats” tab, and you will see the current number of staked BTCMT in the “Total Staked” graph.
🟢On the same page, you can calculate the rewards that would come from a certain number of BTCMT tokens.
For more details, read our Medium: https://medium.com/@btcmtofficial/how-to-find-out-the-number-of-coins-in-staking-209514d8264f
🔴Why are locked tokens not displayed in a wallet?🔴
❣️Tokens are locked to stimulate the cryptoproject development, whereby the coin price does not drop.
A user cannot conduct any transactions with tokens or transfer them as long as they are locked. They are locked by special smart contracts on a wallet and aren`t displayed on the user`s balance. Although the user still may stake them.
❗️To check your balance, you should connect the wallet to the Minto website: https://minto.finance/
In the “Staking” tab, you can see how many unlocked and locked BTCMT you have.
Read more: https://medium.com/@btcmtofficial/why-are-locked-tokens-not-displayed-in-a-wallet-e71ca7f9be94
❣️Tokens are locked to stimulate the cryptoproject development, whereby the coin price does not drop.
A user cannot conduct any transactions with tokens or transfer them as long as they are locked. They are locked by special smart contracts on a wallet and aren`t displayed on the user`s balance. Although the user still may stake them.
❗️To check your balance, you should connect the wallet to the Minto website: https://minto.finance/
In the “Staking” tab, you can see how many unlocked and locked BTCMT you have.
Read more: https://medium.com/@btcmtofficial/why-are-locked-tokens-not-displayed-in-a-wallet-e71ca7f9be94
❗Check yourself and pass the test!
1.What can you do with locked BTCMT tokens?
1.What can you do with locked BTCMT tokens?
Anonymous Poll
8%
sell
4%
transfer to other users
0%
unlock beforehand
4%
move to another wallet
83%
put them on staking
2. Why are locked tokens not displayed in a wallet?
Anonymous Poll
32%
they belong to the project as long as they are locked
0%
they are not issued
37%
special smart contracts lock them on a wallet
11%
indeed, locked tokens are displayed in the wallet
21%
they are on the project’s platform
🚀From now on, our team will be attending various thematic activities in the UAE, Dubai. If you want to meet, write to our partner @mintosmm on Telegram. We give tokens worth $10 for a meeting!
🟢Global DeFi INVESTMENT SUMMIT
📆October 11-12
The event is dedicated to investment-related topics, DAO, Dapps, DEX, CEX, the future for DeFi.
🟠The Leading Alternative Investment Management Summit
📆October 11-12
The event is dedicated to investment-related topics.
🟡CryptoExpoDubai 2021
📆October 13-14
The event for investors and leaders of the crypto industry is aimed at creating networking and exchange experiences.
🟣World Blockchain Summit
📆October 13-14
Crypto, DeFi, NFT. STARTUP WORLD CUP – SUBMIT PITCH, competing across $1000000.
🔵WOW Summit
📆October 14-15
The event covers NFT and DeFi. It will host the NFT expo in the arts category.
🔴Future Blockchain Summit
📆October 17-20
Introducing the experience of companies using blockchain blockchain in their market sector.
💎We hope to meet you at the events!
🟢Global DeFi INVESTMENT SUMMIT
📆October 11-12
The event is dedicated to investment-related topics, DAO, Dapps, DEX, CEX, the future for DeFi.
🟠The Leading Alternative Investment Management Summit
📆October 11-12
The event is dedicated to investment-related topics.
🟡CryptoExpoDubai 2021
📆October 13-14
The event for investors and leaders of the crypto industry is aimed at creating networking and exchange experiences.
🟣World Blockchain Summit
📆October 13-14
Crypto, DeFi, NFT. STARTUP WORLD CUP – SUBMIT PITCH, competing across $1000000.
🔵WOW Summit
📆October 14-15
The event covers NFT and DeFi. It will host the NFT expo in the arts category.
🔴Future Blockchain Summit
📆October 17-20
Introducing the experience of companies using blockchain blockchain in their market sector.
💎We hope to meet you at the events!
🔷Minto events. Part 1.
1. What? The Leading Alternative Investment Management Summit - Dubai Edition 2021💥
🌍Where? Dubai DIFC
📆When: 9 a.m. - 6 p.m.
📍Why do we need to attend it? An investment forum where they talk about cryptocurrency as one of the possible assets. That's what we need. That's our target.
🌐Website: https://www.aimsummit.com/agenda
2. What? Global DeFi Investment Summit
🌍Where? Taj Dubai
📆When: 9 a.m. - 6 p.m.
📍Why do we need it? A party. There must be Stephen Stonberg, CEO of Bittrex Global
🌐Website: https://ae.defiinvestmentsummit.com/
🌐The website of the event: https://ae.defiinvestmentsummit.com/pdf/DEFI_AGENDA.pdf
We are really looking forward to seeing our community members and giving you tokens for a meeting!
1. What? The Leading Alternative Investment Management Summit - Dubai Edition 2021💥
🌍Where? Dubai DIFC
📆When: 9 a.m. - 6 p.m.
📍Why do we need to attend it? An investment forum where they talk about cryptocurrency as one of the possible assets. That's what we need. That's our target.
🌐Website: https://www.aimsummit.com/agenda
2. What? Global DeFi Investment Summit
🌍Where? Taj Dubai
📆When: 9 a.m. - 6 p.m.
📍Why do we need it? A party. There must be Stephen Stonberg, CEO of Bittrex Global
🌐Website: https://ae.defiinvestmentsummit.com/
🌐The website of the event: https://ae.defiinvestmentsummit.com/pdf/DEFI_AGENDA.pdf
We are really looking forward to seeing our community members and giving you tokens for a meeting!
Minto events. Part 2.
3. What? Gulf Blockchain Summit 2021
🌍Where? JW Marriott Marquis Hotel Dubai Sheikh Zayed Road
📆When: 9 a.m. - 6 p.m.
📍Why do we need to attend it? One of two important events of the week.
🌐The website of the event:
https://www.gulfblockchainweek.com/agenda/
4. What? Meet up at Arabian Late Night party!
🌍Where? Vault, 72/F, JW Marriott Marquis Hotel Dubai Sheikh Zayed Road
📆When: starts at 9 pm
📍Why do we need it? Party and communication.
5. What? EcoX DUBAI MEETUP | Opening Event of Gulf Blockchain Week 2021
🌍Where? VII Club DUBAI SHEIK ZAYED ROAD ENTRANCE (BACKSIDE OF CONRAD HOTEL) 7th Floor
📆When: 7 pm;
Additionally: https://www.instagram.com/ecoxdubai/
The second event in the broadcasting
DeFi World Club - GLOBAL DEFI INVESTMENT SUMMIT | Facebook
https://www.facebook.com/defiworldclub/videos/global-defi-investment-summit/1041281546647485/
Stay tuned and follow us!
3. What? Gulf Blockchain Summit 2021
🌍Where? JW Marriott Marquis Hotel Dubai Sheikh Zayed Road
📆When: 9 a.m. - 6 p.m.
📍Why do we need to attend it? One of two important events of the week.
🌐The website of the event:
https://www.gulfblockchainweek.com/agenda/
4. What? Meet up at Arabian Late Night party!
🌍Where? Vault, 72/F, JW Marriott Marquis Hotel Dubai Sheikh Zayed Road
📆When: starts at 9 pm
📍Why do we need it? Party and communication.
5. What? EcoX DUBAI MEETUP | Opening Event of Gulf Blockchain Week 2021
🌍Where? VII Club DUBAI SHEIK ZAYED ROAD ENTRANCE (BACKSIDE OF CONRAD HOTEL) 7th Floor
📆When: 7 pm;
Additionally: https://www.instagram.com/ecoxdubai/
The second event in the broadcasting
DeFi World Club - GLOBAL DEFI INVESTMENT SUMMIT | Facebook
https://www.facebook.com/defiworldclub/videos/global-defi-investment-summit/1041281546647485/
Stay tuned and follow us!
📈Mining industry: market research
🔺This summer, the Bitcoin Mining Council surveyed North American miners regarding the energy they consume. It turned out that 56% of miners use renewable energy sources, which is so good for the industry.
🔺The legalization of Bitcoin in El Salvador was an important event for the whole industry. The President of the country directed to mine cryptocurrency using renewable energy from volcanoes. If it works, miners will get a new profitable market.
🔺Miners in Iceland already partly use the energy of volcanoes. For example, one of the largest mining farms, Enigma uses geothermal energy and is 100% environmentally friendly. Besides, Iceland's climate, with its low temperatures, suits mining equipment perfectly.
🌿Being representatives of green mining, we are incredibly enthusiastic about such market trends. Mining should be affordable and environmentally friendly, just like Minto🌿
🔺This summer, the Bitcoin Mining Council surveyed North American miners regarding the energy they consume. It turned out that 56% of miners use renewable energy sources, which is so good for the industry.
🔺The legalization of Bitcoin in El Salvador was an important event for the whole industry. The President of the country directed to mine cryptocurrency using renewable energy from volcanoes. If it works, miners will get a new profitable market.
🔺Miners in Iceland already partly use the energy of volcanoes. For example, one of the largest mining farms, Enigma uses geothermal energy and is 100% environmentally friendly. Besides, Iceland's climate, with its low temperatures, suits mining equipment perfectly.
🌿Being representatives of green mining, we are incredibly enthusiastic about such market trends. Mining should be affordable and environmentally friendly, just like Minto🌿
❗️❗️Beware of scammers: 5 rules do identify Minto
Here are some rules to help you avoid facing scammers that pretend to be Minto.
🚩Official pages on our social media - these and no other:
Website: https://minto.finance/
Twitter: https://twitter.com/btcmtofficial
Facebook: https://www.facebook.com/btcmtofficial?_rdc=2&_rdr
Instagram: https://www.instagram.com/btcmtofficial/
Medium: https://medium.com/@btcmtofficial
🚩BTCMT token is the official token of the project. So far, it is available only as part of the presale on our website.
🚩Admins never write first
We don't write directly to our community members - communication takes place in official chats.
🚩Smart contract audit
Our smart contracts were audited by our partner Hacken. Check out the full text of the audit here.
🚩Official hashrate watcher
Track the current hashrate of the project on the Huobi website.
🔴If you come across scammers, please, inform us, and we will alert the community.
Here are some rules to help you avoid facing scammers that pretend to be Minto.
🚩Official pages on our social media - these and no other:
Website: https://minto.finance/
Twitter: https://twitter.com/btcmtofficial
Facebook: https://www.facebook.com/btcmtofficial?_rdc=2&_rdr
Instagram: https://www.instagram.com/btcmtofficial/
Medium: https://medium.com/@btcmtofficial
🚩BTCMT token is the official token of the project. So far, it is available only as part of the presale on our website.
🚩Admins never write first
We don't write directly to our community members - communication takes place in official chats.
🚩Smart contract audit
Our smart contracts were audited by our partner Hacken. Check out the full text of the audit here.
🚩Official hashrate watcher
Track the current hashrate of the project on the Huobi website.
🔴If you come across scammers, please, inform us, and we will alert the community.
🌿FAQ🌿
We give answers to the most popular questions from our community.
🔷Can I stake BTCMT tokens?
Staking is not yet available, but we are currently working on it. As soon as it becomes possible to stake tokens, we will inform our community on social media.
🔷Is there a bug bounty program?
So far, we are working on the staking, so we don't plan any bounty programs shortly.
🔷Can I still buy BTCMT for $1,5?
Yes, you can, check out the information on our website.
There is a guide on how to participate in the presale
🔷When the presale ends?
There is no specific end date for the presale established yet, but we will definitely inform our community about it on our social media.
🔷I would like to hold an AMA session with you, who can I turn to?
It's great, if you want to hold the AMA session with our participation, write us on the Telegram account: @mintosmm
🔷What is the BTCMT smart contract address?
The address of BTCMT smart contract is 0x410a56541bd912f9b60943fcb344f1e3d6f09567
We give answers to the most popular questions from our community.
🔷Can I stake BTCMT tokens?
Staking is not yet available, but we are currently working on it. As soon as it becomes possible to stake tokens, we will inform our community on social media.
🔷Is there a bug bounty program?
So far, we are working on the staking, so we don't plan any bounty programs shortly.
🔷Can I still buy BTCMT for $1,5?
Yes, you can, check out the information on our website.
There is a guide on how to participate in the presale
🔷When the presale ends?
There is no specific end date for the presale established yet, but we will definitely inform our community about it on our social media.
🔷I would like to hold an AMA session with you, who can I turn to?
It's great, if you want to hold the AMA session with our participation, write us on the Telegram account: @mintosmm
🔷What is the BTCMT smart contract address?
The address of BTCMT smart contract is 0x410a56541bd912f9b60943fcb344f1e3d6f09567
📢News of the week
1️⃣ UAE, Dubai: meet Minto in the city
🚀The Leading Alternative Investment Management Summit - Dubai Edition 2021, Global DeFi Investment Summit, Gulf Blockchain Summit 2021, DeFi World Club - GLOBAL DEFI INVESTMENT SUMMIT and other events we visited.
2️⃣ Mining industry: market research
🌐North America miners, legalization of Bitcoin in El Salvador and Iceland’s experience.
3️⃣ Beware of scammers: 5 rules do identify Minto
✨Official pages on our social media, BTCMT token, the rule of our admins - never write first and directly, smart contract audit, official hashrate watcher.
4️⃣ FAQ
🤔Can I stake BTCMT tokens? Is there a bug bounty program? Can I still buy BTCMT for $1,5? When the presale ends? And some other questions we answered our community.
Also weekly report is available on Medium format with detailed description to each paragraph: https://medium.com/@btcmtofficial/news-of-the-week-4629e0f2b12c
Stay tuned!
1️⃣ UAE, Dubai: meet Minto in the city
🚀The Leading Alternative Investment Management Summit - Dubai Edition 2021, Global DeFi Investment Summit, Gulf Blockchain Summit 2021, DeFi World Club - GLOBAL DEFI INVESTMENT SUMMIT and other events we visited.
2️⃣ Mining industry: market research
🌐North America miners, legalization of Bitcoin in El Salvador and Iceland’s experience.
3️⃣ Beware of scammers: 5 rules do identify Minto
✨Official pages on our social media, BTCMT token, the rule of our admins - never write first and directly, smart contract audit, official hashrate watcher.
4️⃣ FAQ
🤔Can I stake BTCMT tokens? Is there a bug bounty program? Can I still buy BTCMT for $1,5? When the presale ends? And some other questions we answered our community.
Also weekly report is available on Medium format with detailed description to each paragraph: https://medium.com/@btcmtofficial/news-of-the-week-4629e0f2b12c
Stay tuned!