1st-14th Dec. Progress Report

Research & Develop

Development Progress

The Alchemint stablecoin issuance platform is in the end of development. prepare for mainnet launching. During this half month, we finished these:

Consummating the mechanism and functionality of the Migrate function.

Optimized the Liquidation Discount price logic, in extreme situation, the Liquidation Discount ratio will change.

Add more nodes for feeding price, we use 10 exchanges’s data for feed NEO price, and 4 exchanges price for SDS price.

Build miannet front end in high availability architecture platform.

Minor updates to optimized the UX.

The GAS generate during the NEO is locked as collateral, will use a off-chain program to distribute to the collateral issuer’s address, the program is in the development, expect it finished on the end of Dec.

Based on the feedback from the team and tester. As this publish, we fixed and optimized 144 event, waiting to solve 5 event.

Github Open Source

Alchemint’s source code is now available on


Technical Cooperation

Build the Alchemint stablecoin issuance platform on Switcheo private test listing SDUSD and use SDUSD as base pair to trading.

Community Operation

Attend Chain Plus in Shanghai

Alchemint’s Harvey and Stephen attended Chain Plus organized by The Blockchainer, Alchemint have meet with lots familiar face, and build new connection with attendances.

Sponsor the “Crypto Trashtalk” event

Alchemint Sponsor BBNews to hold the “Cryptocurrencies Trashtalk” event, in this event, investor, project team, crypto funds talk about the story they faced in 2018.

Link to the article (in Chinese): Click Here

Attended Blockchain Gaming event

Alchemint’s Harvey attended Blockchain event in Shanghai, during the event Alchemint exchange ideas with blockchain game producer about implement stablecoin(SDUSD) in the game.




Alchemint is the NEO ecosystem’s stable coin.

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Alchemint is the NEO ecosystem’s stable coin.

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