Project Introduction

Kintsugi is interBTC's canary network on Kusama. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant. Kintsugi is maintained by a decentralized network of collateralized Vaults who secure locked BTC on Bitcoin.

Project Highlight

Kintsugi, same as interBTC, is the only fully trustless and decentralized Bitcoin bridge. It is based on top-tier scientific research and has been audited by leading security firms. Anyone can become a Vault, anytime, and help secure BTC by locking collateral. Users thereby only trust that Bitcoin and Kusama are secure: the protocol guarantees that users can always get back their BTC, or will be reimbursed in collateral at a beneficial rate. Kintsugi thereby features a MakerDAO-like multi-collateral model, allowing for stable and interest earning assets as collateral. Users can also delegate stake to Vaults, allowing Vaults to take up leveraged positions and allowing for better strategies.

Project History

Kintsugi is interBTC's canary network. interBTC is based on the XCLAIM protocol, invented in  2018 by the Interlay co-founder, and published as a peer-reviewed top-tier security paper. Interlay was founded to build XCLAIM and received two Web3 Foundation grants (2020 & 2021) to implement interBTC on Polkadot (initially branded as PolkaBTC). Alpha testnet was launched in November 2020 and feature-ready Beta in March 2021, and will now run for Kusama auctions 6-10.

Investors

IOSG - Launchub Ventures - Blockchain.com Ventures - KR1 - Hypershpere - CMS - Zee Prime Capital

KINT Tokenomics

Kintsugi will be governed by its community from day 1 - via KINT, Kintsugi’s governance token. Kintsugi will go live via a fair launch scheme.

KINT tokens will be distributed to network participants, builders and early backers as airdrops and block-rewards. There will be no public sale or ICO.

Below is a summary of the Kintsugi token economy, as described in the token economy whitepaper released by Kintsugi Labs.

Key Functions of KINT

The KINT token’s main purposes are:

Governance- KINT holders vote on governance proposals and elect council members to make operational decisions.
Utility. Mit-term, Kintsugi will support transaction fee payments in KINT and other digital assets, in addition to KSM.
Supply and Emission

KINT features an unlimited supply. The emission schedule is defined as follows:
10 million KINT emitted over the first 4 years (4:3:2:1 million)
2% annual inflation afterwards, indefinitely.
Specifically, the emission schedule for the first 6 years looks as follows:

Crowdloan Bonuses

Distribution

KINT will be controlled by the community:

70% is distributed to the community as airdrops and block rewards.
30% is airdropped to the Interlay team, and early & future investors, who funded development of the protocol - subject to 1 year followed by 1 year linear vesting.
Starting in year 5, only the community receives new KINT from the annual inflation.

Distribution of the initial 4-year supply.

Distribution of the 2% annual inflation starting in year 5.

For a detailed breakdown and explanation of the KINT distribution, check out the token economy whitepaper released by Kintsugi Labs

Right now they are looking for an ambassadors... So don't waste your time...
https://twitter.com/kintsugi_btc

[Goldfinch]

Hi there. I’d like to introduce an exciting and promising project that has already been launched in several countries around the world. It is called Goldfinch. This is a decentralized protocol which enables you to borrow cryptocurrency without any collateral. Scammers have already started to think hard on how to get rich at the expense of the Goldfinch company based on trusting people. Yet, it is not that simple to cheat the Goldfinch protocol.
The Goldfinch team has already implemented and tested this program to see how well it works when operating. Various instruments and mechanisms of lending have been created. Here we go.
The Goldfinch has a protocol with 4 main participants: Borrowers, Backers, Liquidity Providers and Auditors.

I don’t think I need to explain who Borrowers are, right? But as for the rest of them I will provide an explanation related to how they interact within the protocol scheme.

Investors are those participants who evaluate the background of borrowers: they check the company's papers to clarify various points they need to know and, eventually, decide whether to provide them with capital or not. After investors provide the capital, borrowers can borrow it and repay their loan. It is worth noting that if investors do not do a qualitative check of the borrower’s background, they will lose their issued capital when lending it to the borrower in question.

Liquidity Providers are those participants who provide capital without bothering about things like checks etc.

Auditors are those participants who vote to approve of the borrowed capital beforehand. It is just that Borrowers cannot borrow any capital without their approval. Auditors are chosen by protocol at random and they are responsible for protecting the protocol against fraud.

So you can see that the way the program is designed by the Goldfinch team is simple and it does work. The Goldfinch team are the first to give loans in stablecoins without any collateral.
Check this out. Such companies as Quick Check (Loan consumers in Nigeria), Aspire (Working capital loans to SMEs in Southeast Asia), ALMA (Financing to inclusive lenders globally) are making already profits due to the Goldfinch protocol. The Protocol is especially beneficial for economically developing countries, where this service simply does not exist and if it does it is almost next to impossible to get a loan.
My description is too short to enlighten a person who does not know much about finances. But you can dive deep into the project by visiting the site of an excellent educational program Flight Academy which fills you in on any detail. Don’t waste your time. Join us ASAP!

https://www.youtube.com/channel/UCrun7_MCTulBSMz7NUWDMjw
https://goldfinch.finance/

I already heard about that till the end of september coti will make smart-contracts? is it true ? can't find any info in web... maybe someone got link for this?

Hi there. I would like to present to you a new project : web : manta.network.
      Manta is a set of easy-to-use and secure (open source and auditable code) protocols based on Substrate frameworks. It uses zk-SNARK to provide complete end-to-end anonymity, high throughput, and high cross-chain interoperability (it supports Polkadot and its parachain mainstream cryptocurrencies and stable coins). It includes a decentralized privacy payment protocol, a decentralized privacy token exchange protocol, and a decentralized privacy lending and synthetic asset protocol to be developed in the future. Manta’s founding team comprises many US cryptocurrency veterans, professors, and scholars whose experience includes Harvard, MIT, Algorand, and other institutions.
I hope this info is useful for whoever gets interested in this project.
Check this out! They have got an ambassador program with guaranteed token rewards... C Ya there ...