Alchemint Monthly Progress Report (Jan. 2019)

Alchemint Stablecoin Issuance Platform Status

We believe the larger quantity the larger population will use it, we had raised the platform’s Overall Issuing Ceiling (SDUSD) from 100,000.00 to 1,000,000.00

Compared to December 2018, Total SNEO Collateralized and Total SDUSD Issued had grown rapidly. But due to the last few days price drop for the whole cryptocurrencies market, NEO also price went down a bit, it made Overall Mortgage Rate goes down.

Please check the following picture compare the Dec. 2018 and Jan. 2019 data:

Dec. 2018
Jan. 2019

Research & Develop

Add One-click Issue function

Working on Ledger Wallet support. Should be complete around Mid Feb.

Research and started coding Ethereum version Stablecoin Issuance platform

Business Cooperation

SDUSD listed on CoinMEX

CoinMEX is the first centralized exchange listed SDUSD. We had held a trading competition on CoinMEX.

In-depth Cooperate with Swithceo

The new partnership with Phantasma Chain

Community Operation

Alchemint New Year Toast

Attend Canaan Creative “Hug in Bear Market” event

Video Tutorial for “Liquidation on the Alchemint Platform”

In January, we made a video tutorial to demo how to perform a liquidation on the platform.

AMA in CoinMEX community

For High-quality question, please refer this 2 links (AMA in Chinese):

Questions The Host Asked

Questions The Community Asked

Alchemint is the NEO ecosystem’s stable coin.