Minting is Liquidating
Minting is Liquidating is a novel liquidity injection method launched by Orders.exchange. During the token or NFT minting or issuance stage, users can immediately provide corresponding liquidity for the asset. This liquidity provided by the user can be withdrawn at any time by selling the corresponding asset.
The “Minting is Liquidating” feature ensures that the corresponding asset has sufficient liquidity and that there is a minimum bid price for the asset.
This service is primarily for Orders.exchange’s use, but it is also available to partners. If your application requires integration, please feel free to contact us.
Compared to traditional liquidity addition methods, Minting is Liquidating has the following characteristics:
Security
The related liquidity is provided by users and stored in a multi-signature address generated through Multi-Party Computation (MPC). No single party can move these liquidity assets. The Orders.exchange project team has no access rights, and the token project team cannot touch it either, eliminating the risk of the liquidity pool being rugged.
The security is theoretically higher than a single-signature address and compared to smart contracts, the MPC multi-signature address is less prone to brute-force attacks by hackers.
The parties involved in the Multi-Party Computation are: Orders.Exchange, MVC Swap, sCrypt.
Asset Deflation
Users can withdraw part or all of the liquidity they have provided at any time by taking bid orders (i.e., selling the corresponding assets). The related assets will be automatically transferred to the black hole address: 1111111111111111111114oLvT2 to achieve asset destruction and maintain overall asset deflation.
Profitability
In addition to potentially earning asset premium gains in the minting/issuance event they participate in, we will soon provide additional RDEX rewards for funds locked in “Minting is Liquidating” activities to encourage more participation in related activities. Please stay tuned for our upcoming announcements regarding the specific RDEX reward plan.
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