Alchemint Stablecoin Issuance Platform Status

The cryptomarket went down during October. NEO launched Flamingo but nonetheless, NEO price still dropped from $20 to around $15.

Alchemint users have added SNEO as collateral to prevent their Mortgage rate to drop too low, but the platform’s overall Mortgage Rate still declined a bit.

Another way to prevent…


TL;DR, you can now access https://neo.alchemint.io/sds for the ERC20 migration, once you send your NEP-5 SDS, it will be irreversible. You will receive ERC20 SDS 14 days later and FLM airdrop within 48 hours.

As we announced in early October, we will migrate 50% of the total supply, 500,000,000 SDS…


As we promised here are the details for the FLM airdrop to NEO DeFi early-stage supporters and the Alchemint community.

The Airdrop will be distributed on 25th October.

Team and partners address are excluded for the airdrop, to allow our users to benefit the most.

Based on the block snapshot…


Sorry for the delay in the August monthly report, caused by our mistakes in our work. In the future, we will keep publishing monthly reports on time.

Alchemint Stablecoin Issuance Platform Status

The Crypto market is steadily moving up for the past 2 months.

Neo released their Defi platform http://flamingo.finance/. …


Based on recent research, we believe while we keep developing our NEO platform and empowering NEP-5 SDS, migrating SDS partially to ETH network (ERC-20) will be best for Alchemint and SDS holders. We will migrate 50% of the total supply, 500,000,000 SDS to Ethereum network. …


Alchemint Stablecoin Issuance Platform Status

The Crypto market is steadily moving up in July, Neo’s price went up almost 40% throughout the month.

Unlike June the status of the Alchemint stablecoin issuance platform experienced a increase due to NEO price increase.

The Total Service Fee Paid has increased in July.


Alchemint Stablecoin Issuance Platform Status

June’s crypto market is steady, Neo’s price went up slightly in the beginning of June, it went down again after that.

Total SNEO Collateralized had a 10% decrease compared to May, Total SDUSD Issued decreased less than 10%, so the overall Mortgage Rate decreased due to NEO price.

The Total…


Alchemint Stablecoin Issuance Platform Status

Bitcoin Halvening took place in May. The cryptocurrency market has not been affected with huge fluctuation, the market has risen steadily throughout May. NEO rose significantly this month, from the lowest $9 to $12 at the end of the month.

With NEO price increase, although Total SNEO Collateralized, the Total…


Alchemint Stablecoin Issuance Platform Status

After the market plunged in March, April seemed exceptionally calm. The overall cryptocurrency market has risen this month, and all DeFi platforms have increased their stablecoin issuance while the mortgage rate increased or kept the same level.

In the middle of April, the Total SNEO Collateralized decreased slightly, but the…

Alchemint

Alchemint is the NEO ecosystem’s stable coin.

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