Mynth’s IDO Launches Today

Mynth is a decentralized cross-chain protocol designed to enable trustless and seamless asset transfers. It enables token swaps across 9 different blockchains and is fully decentralized and non-custodial.

The token is designed to be deflationary with a buyback-and-burn mechanism. Fees generated by the protocol will be used for the buyback program.

IDO details:

Price: $0.10 per token

Supply: Fixed at 99,989,832 MNT (50M allocated for the IDO)

Blockchains: Available on 9 chains

Proceeds: Funding liquidity pools at a 20% premium and locking them in the DAO Treasury for 12 months

More details can be found here - https://invezz.com/news/2025/01/21/mynth-launches-initial-dex-offering-ido-to-enable-cross-chain-token-transfers/

Coingecko listing - https://www.coingecko.com/en/coins/mynth