TrustFi Network is a decentralized BaaS solution for DeFi market based on multichain environment, centering on early crypto assets issuance, liquidity management, community activities and DAO governance to unlock the potential of DeFi. A complete set of product portfolios developed by TrustFi, including IDO General Protocol (TrustFi Alpha), Decentralized Staking Contract (TrustFi Beta) and Providing Liquidity Mining model (“PLM”), will stimulate the vitality of on-chain transactions, which aims to build an equal DeFi ecosystem and become an important supplement to the DeFi infrastructure built on Web 3.0. Activity on TrustFi Network is governed by TFI, the network's native token.
Blockchain-cryptocurrency startups need to bootstrap liquidity, in order to ensure profitable trading prices on DEXs and other AMM-based platforms. In this context, there is a rising demand for decentralized, integrated, cross-chain ecosystems that enable Project Owners to easily and securely conduct pre-listing liquidity auctions. At the same time, with the decline of market enthusiasm, newly issued crypto assets will inevitably face the gradual decline of liquidity, and the vitality of token value will be difficult to sustain after listing. There is a lack of simple and easy-to-use liquidity management tools to help startups lock and release liquidity, and unlock the potential of on-chain DAO to build an equal DeFi ecosystem.
- BSC Grant
- Multichain Ecosystem
- Powered By Polkadot
- Original BaaS Solutions
- Community Incubator
- DeFi Infrastructures
- Original BaaS Solutions
Q4.2020 Market research of DeFi ecosystem completed Solution design for multichain liquidity market completed Tokenomics and Litepaper V1.0 completed
Q4.2020 Market research of DeFi ecosystem completed Solution design for multichain liquidity market completed Tokenomics and Litepaper V1.0 completed
Q1.2021 Reward of HackerLink BSC Grant Launch of TrustFi Alpha TrustFi Auction Protocol pre-release on Binance Smart Chain
Q2.2021 Design of Staking Contract and PLM Launch of private and public token sales Launch of TrustFi Beta based on PLM Solution for multichain liquidity bridges pre-release on BSC Launch of TrustFi Spark and liquidity mining programs
Q3.2021 Deployment on multichain ecosystem e.g. Solona, Near, Nervos Improvement of multichain interaction environment Eco Marathon Developer Activities Bug Bounty Program Improvement of investment council model and TrustFi Vaults TrustFi DAO Support: Community Governance
Q4.2021 On-board new blockchain ecosystems New DeFi protocol integrations Launch of 2022 TrustFi Master Plan
(1) Governance: TFI token holders can stake to participate in community governance. (2) Reward: The revenue from TrustFi Alpha and TrustFi Beta will be used for repurchase and destruction, as well as reward to users staking TFI. (3) Mint NFT: The TFI token can be used to mint NFT and deployed into PLM Model and DeFi yield protocols for additional returns to increase the yield of token farming in the incentive programs. (4) Auction Share: The TFI token can be staked to obtain the priority auction right of selected high-quality assets on TrustFi Alpha. (5) Providing Liquidity Mining: TFI is the basic token and gas of PLM System and can be used to cast synthetic assets. Users earn TFI token rewards by providing liquidity. (6) Insurance: TFI holders own insurance rights and interests against loss of income / market risk.
More details in Lite Paper.