MinMax Finance aims to be the leading cross-chain stablecoin AMM on IoTeX. Built on top of Saddle, MinMax is the first next generation stablecoin AMM protocol on IoTeX. MinMax provides the liquidity foundation for all kind of stablecoins. As IoTeX ’s core cross-chain liquidity network, MinMax helps facilitate the transfer of assets between IoTeX and other blockchains. Users deposit crypto assets into our IoTeX liquidity pools to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.
In this MIP 001, MinMax team is taking a step towards DAO formation to let MAX token holders have a chance to explore and vote which chain to be the next deployment of MinMax. MinMax's goal is to bridge stablecoin liquidity among deployed chains with third party bridge provider. As mentioned in Discord, we will have chains listed on vfat.tools and each of MAX holders can only vote once. So please think twice as your vote matters.