Alchemint Monthly Progress Report (May 2020)

Alchemint Stablecoin Issuance Platform Status

With NEO price increase, although Total SNEO Collateralized, the Total SDUSD Issued and Overall Mortgage Rate has increased.

Total Service Fee Paid (SDS) had increased this month.

April 2020
May 2020
NEO/USDT May 2020

Research & Develop

H5 and App development:

Almost finished the H5 version website, available for testing on http://alchemint.mobi/

Android App version will available at the end of June.

Community Operation

SDUSD use case:

Attend NeoLine online Sharing Session

On May 21st, NeoLine invited us to online share in their NeoLine wallet. We used “How to make DeFi‘s UX better” as the theme for an hour of sharing. During the sharing period, we shared stablecoin knowledge with the NeoLine community. Teach everyone how to use Alchemint’s one-click return and one-click issue, shared Alchemint’s vision with attendees. During the sharing period, the community responded positively and achieved a good sharing effect.

DeFi Sharing

USDT : Hidden danger of small horse-drawn cart

TON is dead, what happened for the investor invest IOU token on exchanges?

Alchemint is the NEO ecosystem’s stable coin.