Introducing: Mithril Vault

Mithril
Mithril
Jun 25, 2018 · 3 min read

Mithril is excited to announce the release of the first phase of Mithril Vault beta on June 30th! Please note that we will be releasing various features of Mithril Vault via multiple stages.

Below is a list of features that we will be introducing in the next few updates:

Mithril Vault is an all-dimensional vault brought to you by Mithril team.

The façade of a small box symbolizes the safe box, a keeper for your digital assets. The lid is the seamless combination of the letter “M” from Mithril and “V” from vault — where it opens up to a multi-functional cryptocurrency vault.

The Mithril Vault comes with three major features:

  1. Funds
  2. Shift
  3. Staking

Please see below for elaboration:

Funds

You can synchronize your MITH by connecting your Lit and Mithril Vault accounts.

After you’ve synchronized both accounts, the withdraw function will be conveniently available to you on the “Funds” page at Mithril Vault. This lets you withdraw MITH that you’ve acquired through social mining to any wallet that supports ERC-20 tokens.

Let’s say you have 100 MITH in your Lit account. After you’ve connected both Mithril Vault and Lit accounts, you will have 100 MITH in Mithril Vault. If you’ve decided to withdraw 100 MITH to your hot/cold wallet(s), both your Mithril Vault and Lit accounts will have 0 MITH.

Mithril Vault also supports both MITH and ETH deposits!

In addition, you can “stake” MITH on the “Funds” page at Mithril Vault — we will soon come back to that.

Shift

For your convenience, at Mithril Vault, we provide instant exchange between MITH and ETH!

The masterplan for other cryptocurrencies are still under development — Mithril Vault will soon match up to all your demands for cryptocurrency exchange!

Feel free to let us know down in the comments below the pair that you would like to see the most!

Staking

As mentioned, you can easily “Stake” as you deposit MITH into your Mithril Vault.

Through staking, a staking level is granted based on the amount of MITH put into Mithril vault.The higher you rank, the faster and easier you can acquire MITH through social mining!

In order for you to conveniently and efficiently manage your MITH, the amount you’ve staked will be kept for thirty days before it can be available for shifting and withdrawal. After thirty days, the MITH that you’ve staked will be automatically released to your “funds”, which brings your social mining pace back to normal.

You can always stake again according to your demand.

We will soon publish step-by-step tutorials for each feature. Stay tuned!

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秘銀金庫即將隆重登場!

秘銀很驕傲地為您呈現我們即將於六月底上架的「秘銀金庫」。

我們將以階段性發布不同的功能!

秘銀金庫是秘銀團隊為您準備的全方位秘銀保管金庫。

透過秘銀金庫,您不僅可以存放、更能靈活地運用您的秘銀幣。

小盒子的外觀,是保險箱的形象,是虛擬貨幣堅固保管者;將Mithril字首“M”與Vault字首“V”巧妙結合,化作上蓋開關,代表著將為使用者開啟多功能的虛擬貨幣金庫。

秘銀金庫將包含以下幾種主要功能:

1.資金

2.兌幣

3.秘存

資金

包含眾所期待的 Lit 提款功能!透過於秘銀金庫設定綁定您的 Lit 帳號,便能使兩邊的秘銀幣同步。

同步後,便可在秘銀金庫的「資金」頁面,使用提款功能提出您社交挖礦獲得的秘銀幣至任何支援ERC-20 token的錢包。

舉例來說,若您的Lit帳號下有100枚秘銀幣,在您連結秘銀金庫與Lit後,您的秘銀金庫便會顯示為100枚秘銀幣。若您將此100枚秘銀幣提出至您的熱/冷錢包,則您的秘銀金庫與Lit的秘銀幣數量將為0。

除此之外,秘銀金庫也支援秘銀幣和以太幣的存放。您可以將秘銀幣與以太幣存入秘銀金庫,甚至使用存入的秘銀幣進行「秘存」。

關於秘存我們會在下方進一步介紹。

兌幣

為了提供大家更便利的服務,目前提供秘銀幣與以太幣之間的兌換。

之後會陸續加入更多的幣別,目標是讓秘銀持有者們能夠更方便地管理、運用自己的虛擬貨幣資產。

也歡迎留言告訴我們您最希望看到的pair喔!

秘存

如同前面所提及,您可以透過「資金」功能,在秘銀金庫存入秘銀,使用「秘存」的功能。

秘存能夠加速您在 Lit「社交挖礦」的速度。

根據您鎖於秘銀金庫的秘銀幣多寡,秘存分為不同的等級,等級越高,社交挖礦的速度也會隨之提升。

為了讓您能方便、有效地運用您的秘銀幣,秘存的有效期限為三十天。三十天過後,您秘存的秘銀幣會解鎖回到您的「資金」,社交挖礦的速度也會隨之回復正常。

您可以根據需求再次進行秘存。

之後我們將會提供各項功能的使用教學,敬請期待。

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Mithril

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MithrilOfficial

Mine Mithril - Find Followers, Fortune, and Fame. Join our discussion at https://t.me/MithrilChat