1. What is Mint?

Mint Cash is a type of token that is a continuation of the Terra stablecoin system, designed to fix its fundamental mechanism flaws and unlock more use cases. Here are its main features:

1. Fully backed by Bitcoin collateral: Mint Cash's stablecoin is completely backed by Bitcoin collateral, making it closer to over-collateralized stablecoins like DAI, rather than algorithmic stablecoins like UST.

2. Organic synthetic exchange mechanism: Mint Cash provides an organic synthetic exchange mechanism between Bitcoin collateral, Mint (equivalent to LUNA), and CASH (equivalent to UST), which can generate trading liquidity on demand.

3. Oracle reference: Mint Cash uses the value of Bitcoin as an oracle reference, rather than directly obtaining the market value of MINT, which helps mitigate the risk of oracle attacks.

4. Staking mechanism: Anyone can mint MINT by providing Bitcoin collateral through the "mint2" module, and can burn MINT to exchange back for Bitcoin, while deducting any taxes or liquidity discounts.

5. Liquidation module: The Mint Cash system has a protocol-wide liquidation module that is triggered when the value of currently staked MINT falls below the minimum minting LTV.

6. No inflation risk: There is no risk of inflation under the Mint Cash system, as all minted assets must be directly supported by Bitcoin.

7. Economic leverage for currency tightening: The Mint Cash system can achieve monetary tightening by adjusting tax rates and interest rates, which is more flexible compared to standard liquidation procedures.

2. Who founded Mint?

The founder of Mint Cash is Shin Hyojin.

3. Which venture capitalists invested in Mint?

According to the information provided, Mint Ventures is a crypto investment institution focused on long-term value investment in the Web3 sector. However, investment information about the specific project "Mint" was not clearly mentioned in the provided search results.

If you are referring to "Mint Blockchain," it is an L2 network focused on the NFT space, jointly developed by NFTScan Labs and the MintCore team. However, investment information regarding Mint Blockchain was also not clearly mentioned in the provided search results.

If you are referring to other "Mint" related projects, please provide more specific information for a more accurate response to your inquiry.

4. How does Mint operate?

The operation of Mint tokens depends on the specific project and mechanism. Here are explanations of two different Mint mechanisms:

1. NFT Mint:

2. Wave Mint: A new NFT issuance strategy that invites members from different NFT communities to participate in minting over a series of waves, gradually expanding outward. This mechanism utilizes on-chain data and reputation to select holders that match the project culture and goals, avoiding common issues associated with "free mints," such as gas wars and bot interference.

3. Traditional Mint: On platforms like OpenSea, users can create and mint NFTs by connecting a digital wallet (like MetaMask). Users can set the attributes, levels, statistics, etc., of the NFT and choose a blockchain (like Ethereum or Polygon) to mint on.

4. Stablecoin Mint:

5. Mint Cash: A Bitcoin-collateral-based stablecoin system, similar to DAI rather than UST. Users can mint MINT tokens by providing Bitcoin collateral and can exchange MINT back for Bitcoin. The system ensures currency stability through organic synthetic exchange mechanisms and liquidity staking.

In general, the operation of Mint tokens depends on the specific project design and mechanism, including the NFT issuance strategy and the collateral mechanism for stablecoins.