Alchemint Monthly Progress Report (September 2019)

Alchemint Stablecoin Issuance Platform Status

As the crypto market declined again in September, NEO price also decreased. The Total SNEO Collateralized and Total SDUSD Issued remained at a similar level as last month. The Overall Mortgage Rate decreased again.

The amount of Total Service Fee Paid (SDS) increased tremendously this month, due to the declining NEO price, users wanted to avoid the risk of their SAR Mortgage Rate dropping to critical status. To prevent this a lot of users returned part of their SDUSD to increase their own SAR Mortgage Rate.

August 2019
September 2019

Research & Develop

RSK Version Platform

  • Added New Language option — English
  • Updated and Improved UX /UI
  • Deployment of RSK mainnet and testing

Community Operation

Attended 2019 Shanghai International Blockchain Week

On the 17th and 18th, Alchemint attended 2019 Shanghai International Blockchain Week, organized by Wanxiang Blockchain Labs.

The presence of vanguards and industry leaders from across the globe in Shanghai made the summit very interesting. Hot topics such as adoption challenges, privacy, scalability, blockchain innovation and more took center stage as experts and pioneers gave voice to the new developments and innovations occurring around the globe.

Attended Slush Shanghai 2019

On 24th and 25th September, Alchemint attended Slush Shanghai 2019.

The event was organized by Slush China, the guided unit is Zhangjiang Science City Construction Management Office, co-organizers are Zhangjiang Group and Tongji University. The event attracted more than 10,000 attendees, more than 600 investors, more than 1,000 start-ups, over 170 speakers and 1000 volunteers, 1200 more media outlets.
As a world-leading tech event, Slush was committed to providing a diverse platform for start-ups, tech talents, international investors, entrepreneurs, and media to connect each other, to help new generations of entrepreneurs to succeed.

Hold Live Stream in NEO Community

On 12th September, Alchemint founder & CEO attended a NEO community live stream. The live stream topic was “Stablecoin SDUSD and how it applies in NEO Smart Economy”

The whole live stream can be found in the link below:

Attended “Defi’s Midfield Crisis”

19th September, Alchemint’s Stephen attended “Defi’s Midfield Crisis” organized by is a blockchain media we beloved. The participants gave interesting insight during the event.

Attended “Blockchain’s Next Stop” event

On 17th September, Alchemint attended “Blockchain’s Next Stop” hold by During the event, high-quality blockchain project representatives discussed hot topics in the blockchain industry, such as public chain, Libra, and blockchain applications and the development of the industry and the ways to break the market. A large number of industry practitioners, entrepreneurs, and blockchain technology enthusiasts gathered at the site.

Attend “New Force: POS” event

On 18th September, Alchemint’s Harvey attended “New Force: POS” organized by Block72, HashQuark, and NGC.

In 2019, the concept of Staking was very popular, and the Staking economy became a topic of interest in the industry. However, in addition to Staking, PoS projects still face challenges in business models, promotion, developer community, and ecological construction.



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