Alchemint Monthly Progress Report (April 2020)

Alchemint Stablecoin Issuance Platform Status

In the middle of April, the Total SNEO Collateralized decreased slightly, but the Total SDUSD Issued increased.

However, because the NEO price of collateral rose from 7 dollars at the beginning of the month to nearly 10 dollars at the end of the month, the global mortgage amount increased from 234% to nearly 300%.

There are more frequent platform users this month, mainly users that tried out One-Click Return. The Total Service Fee Paid (SDS) has not increased much.

March 2020
April 2020
NEO/USDT April 2020

Research & Develop

H5 and App development:

Completed prototype design, has entered the development stage.

NEO platform:

SDUSD use case:

Make One-Click Return Tutorial

We recorded a tutorial video to teach you how to use the function.

Alchemint is the NEO ecosystem’s stable coin.