Minter Hub has been updated to version 2.0 On Saturday, Decem | BTC.Secure

Minter Hub has been updated to version 2.0

On Saturday, December 3, at 13:00 UTC, a large-scale update of the Minter Hub network took place. This upgrade reduces fees when making cross-chain transfers, and also simplifies the connection of other blockchain networks.

• The codebase has been completely redesigned to simplify the integration of existing blockchains supporting advanced multisig addresses or smart contracts (for example, Cardano, Solana, Polkadot, Terra, etc.). Now integration will be easier and take much less time.

• Users paid a fairly large fees for cross-chain tranfers from Minter to Ethereum. Now, unused for fees ETH will be returned to the address on the Minter Network as a "cashback".

• Long-awaited integration with Binance Smart Chain. Now you're able to transfer tokens from BSC to Minter and back using the advantages of each of the networks. This will also bring the price of tokens in Minter closer to the market due to new arbitrage situations.

• Cross-chain DeFi. In the new version of Minter Hub, it's now possible to make trades (and not only) in the DeFi services of integrated networks. For example, you can make trades on Uniswap on the Ethereum network without leaving the Minter interface. At the same time, the fee can be paid in "Minter-style" — with any coin.

• Discounts for HUB holders have been activated. The HUB token allows you to reduce the fees of the Minter Hub network when making cross-chain transfers between Minter, Ethereum, BSC and other networks added in the future. As one seed phrase provides access to the wallet in three networks at once (Minter, Ethereum, BSC), then to get a discount, you can hold HUB tokens in any of the networks (or in several at once, they are summed up). The base fee of Minter Hub for cross-chain transfer is 1%.

Discounts for HUB holders:
1 HUB - 10%
2 HUB — 20%
4 HUB — 30%
8 HUB — 40%
16 HUB — 50%
32 HUB — 60%

For example, if you keep 16 HUB on your wallets, then for you the fee for cross-chain transfers will be 50% less than the base, i.e. 0.5%.

• Deposit and withdrawal of ETH and BNB tokens are now performed in native standard, i.e. there will no longer be a have to pre-convert the native standard into the ERC20 or BEP20 standard.

The update went unnoticed for users.