How to Mint $NVT on NerveMint
On Feb 22nd, 2024, NerveNetwork officially launched NerveMint product. The inspiration for NerveMint product design originated from BRC-20 tokens in the Bitcoin ecosystem, NerveMint can be used to distribute BRC20 tokens without leaving the current layer, thus reducing the gas fees.
Today, we are excited to announce that the first token, $NVT, will be launched on NerveMint shortly. The exact mint time is 20:00 (UTC+8), April 13th, 2024, more mint details can be found at NerveMint. It's simple to participate in this mint event, this article will explain the exact details you need to get involved.
Step 1: Deposit $BTC to your Nabox Wallet or Unisat Wallet Bitcoin address.
NerveMint is compatible with Nabox Wallet, we will demonstrate using Nabox Wallet in this article.
Step 2: Bridge $BTC from Bitcoin Network to NerveNetwork layer.
- Visit https://nerve.network/assets
- Connect Wallet.
- Choose Bitcoin network.
- Select Nabox Wallet, Unisat Wallet is currently unsupported.
- After successfully connecting your wallet to NerveNetwork. Click “Cross In” to bridge $BTC to NerveNetwork.
- The minimum bridge amount is 0.0001 BTC, so make sure you deposit more than that number, otherwise you will fail at this step. Note that you should also set enough gas in your wallet to process the transaction.
- Confirm arrived assets.
Now your BTC has successfully arrived in NerveNetwork.
Step 3: Go to NerveMint and participate in minting.
- Visit NerveMint to start minting.
The mint process has not yet started, it will be available at 20:00 (UTC+8), on the 13th of March.
Terms explained:
- SMA/ Single Mint Amount: 100
You will receive 100 NVT tokens for each mint.
- HT/ Hard Cap: 1,000,000
Total NVT tokens need to be minted.
- Unlock Time: 2024–03–20, 00:00:00(UTC+8)
The time for your minted NVT tokens to be unlocked.
- Mint Fee: 0.000012 BTC
Each mint will cost 0.000012 BTC, and you will receive 100 NVT.
About NerveNetwork
NerveNetwork aims to connect all isolated blockchains and establish a cross-chain asset exchange network, providing all necessary underlying support for the DeFi ecosystem. Let every digital asset holder experience a truly safe, free, and transparent DeFi service.
