"MinexCoin is a global payment system built on the eponymous low-volatility crypto-asset regulated by an autonomous algorithm with methods proven in traditional financial markets. MinexCoin asset is a low-volatility cryptocurrency with predictable and dirigible price development. It may be employed both as a means of settlement and a means of saving. The long-term value of the coin is based on its annual growth of 33.6%. In order to reduce its volatility, such supply/demand regulation tools as market interventions and coin parking are used."
What we don't like:
I don't think Minex will ever be seen as a quality stable price token. People want a stable price token when they want to short an asset. Minex itself fluctuates too much for that purpose. In Minex first month the price went from $1.23 to $70 to $22. It could be a quality investment, but it makes for a horrible pegged asset token.
What we like:
The Minexbank is a great idea to move to a decentralized banking model. The Minexbank allows holders to keep their MinexCoins in their account while gaining the interest they would in a traditional banking style. Actually much higher interest than a traditional bank. A system called parking has users keep them in their wallet with the idea they won’t be spent or traded. As a way to maintain a stable Minex price the interest for coins held increases as the price goes down and the interest rate for the coins decreases as the price goes up. This incentives buying and selling to allow Minex to hold a stable price.