Mintable Proxy

Mintable Proxy Proxies are advanced tools used in blockchain technology. They act as intermediaries, facilitating interactions between users and smart contracts, namely mintable smart contracts, that allow the creation (minting) of new tokens. Alongside, Mintable Proxy Proxies also enable the upgrade of a contract’s logic without changing the main contract’s address, ensuring a smoother, and more secure experience for blockchain stakeholders.

What is Mintable Proxy Proxies?

Mintable Proxy Proxies is a service that allows businesses and developers to create and manage proxies for their DApps, APIs and other services. A Mintable Proxy is a smart contract that acts as an intermediary between the base contract and the user, allowing users to interact with the contract without needing to understand its complexities.

How does Mintable Proxy Proxies work?

In Mintable Proxy Proxies, a Base Contract that contains the logic and a Proxy Contract used to call the logic from the base contract, interact. The Proxy contract stores all data and delegates all calls to an ‘implementation’ (which is the base contract). This allows for contracts to be updated (bugs/features) without changing the contract address, and without requiring users to re-approve tokens for use as gas.

What are some uses of Mintable Proxy Proxies?

In addition to adding an extra layer of security to your contracts, Mintable Proxy Proxies also make them more versatile and flexible. They allow you to fulfil user needs without requiring knowledge of back-end complexities. Also, censorship resistance, immutability, and addresses that never change are some additional features of Mintable Proxy Proxies.