MintSwap is a DEX (Decentralized Exchange) and NFT marketplace that operates natively on the Mint blockchain^[4], providing token DEX, NFT trading, and NFTFi functions for Web3 users. ^[1][2]

Overview

MintSwap is the first native DeFi protocol and native DeFi protocol and NFT marketplace on Mint Blockchain for Mint-native teams and tokens to build on. MintSwap integrates the lifespan of a token into one protocol. ^[3]

For developers, MintSwap supports exclusive fair launch mechanics and token management tools built for general users, MintSwap supports advantageous yield and LP opportunities, built-in social and analytic features, and an efficient trading experience. ^[3]

Core Features

Token Dex

Launched in June 2024, MintSwap’s DEX, derived from the Uniswap V3 Protocol, is a peer-to-peer system for exchanging cryptocurrencies (ERC-20 Tokens) on the Mint blockchain. The DEX supports features such as AMM (automated market makers) to enable on-chain trades of utility and governance tokens without interfacing with an order book, Concentrated Liquidity which allows liquidity providers to focus their capital within specific price ranges, and Swaps. ^[3]

NFT Marketplace

Also launched in June 2024, the NFT marketplace of MintSwap is designed as a decentralized on-chain system for exchanging NFTs on Mint Blockchain. ^[3]

This contains On-chain Orders whereby MintSwap stores NFT exchange orders directly on the Mint Blockchain, making listings and bids easily accessible. ^[3]

Supported Tokens for trading, listing, buying, etc. include NFTs of ERC-721, ERC-1155, and ERC-404. Payments of ETH or ERC-20 tokens are supported when listing NFTs, while only ERC-20 tokens are supported when making biddings at this stage. ^[3]

MS404 & MST

MS404 ($MST) is MintSwap's unique native asset, built on the ERC-404 standard and launched in July 2024. This protocol combines the characteristics of ERC-20 tokens and ERC-721 NFTs which encourages ownership, trading, and utility within the MintSwap & Mint ecosystem. ^[6]

The MS404 collection consists of 10,000 unique NFTs with a fixed supply and no future issuance planned. Each MS404 NFT can be converted into 10,000 $MST tokens, the native currency of the MintSwap platform, ensuring a granular and flexible system for trading and utilizing these assets.
60% of the total supply was allocated to MintSwap mining rewards, 30% to Pre-sale, and 10% to Initial liquidity. ^[6]

Utility

Stake to Earn

By staking MS404 NFTs, users can earn a share of all trading fees generated within the MintSwap NFT Marketplace. This means that 100% of the NFT trading fees are returned to MS404 holders. ^[8]

$MINT Airdrop from Mint Blockchain

As the first DEX and NFT Marketplace on Mint, MintSwap got full support from Mint Blockchain. MS404 holders are eligible to receive $MINT airdrops from the Mint Blockchain, providing additional value and potential for future rewards. ^[8]

Governance Rights

MS404 holders can participate in MintSwap governance, shaping the future direction of the platform through voting and proposals. ^[8]