Trustswap is the leader when it comes to revolutionizing the DeFi transactions and one of the most talked platforms in the cryptocurrency industry today. The company’s focus is to make cryptocurrency transactions safe and convenient without hassles of having a middleman.
When it comes to DeFi transactions, Trustswap is the only one you can rely on and they make sure to keep transactions hassle-free with subscriptions, split payments, and cross-chain token swaps.
Time-Released Payments and Two-Party Swaps
An Entire DeFi ecosystem, built on TrustSwap
– Customized and Automated Payments
– Escrow Services
– Wrapping as a Service
– Decentralized Leverage Trading
– Event-Based smart-contracts
– & much more TBA
— TrustSwap (@TrustSwap) July 11, 2020
Trustswap has a Time-Released Payments feature which automatically sends payment on a certain time and date. This is perfect for employers who want to automate their payments to their employees or having to pay someone for a weekly basis.
They also have Selected Use Case for Time-Released Payments and asides from the very convenient automatic payment for employees, some of the notable scenarios are Time-locked tokens, where founders and employee tokens can be locked and have a time-based release schedule to give confidence and trust to investors.
Instant Will Execution, is for someone who passed away and created a will on a smart contract that will automatically release funds to the family of the deceased. Also, they have monthly and weekly subscription, where you can pay your subscriptions using cryptocurrencies and lastly an instant gift and payment feature, where it will be automatically sent to someone on a scheduled time and date.
Two-Party Swaps are a feature on Trustswap’s platform which lets customers do an instant and trustless trade with another person without the risks of getting scammed or having to worry about your trade. They make sure that both parties agree on the terms and fund the contract then once both have funded their accounts, it will be instantly processed.
Universal Token Wrapping and ETH Ecosystem Integration
Trustswap has a Universal Token Wrapping which allows any token on any blockchain to integrate with the Trustswap ecosystem by wrapping service and converts it into an ERC20 at a 1:1 ration.
For every token that is wrapped by Trustswap, you’ll be able to use it on the ETH ecosystem which includes metamask, cold-storage wallets, decentralized exchanges like Uniswap for swapping Monero, Bitcoin, and Cardano.
With their wrapping feature which is one of the key advantages of Trustswap, it makes it more cost-effective and more reliable in sending cryptocurrencies to someone.
Trustswap Token (SWAP)
TrustSwap was the second most searched cryptocurrency in the world this week.
Last week we were fourth.
— TrustSwap (@TrustSwap) July 24, 2020
SWAP is the token of Trustswap and this token have many advantages, such as stakers of SWAP tokens can vote for platform governance decisions, having multiplier on SWAP staking rewards, discounted fees using the token and for each transaction that is paid using SWAP token by reward stakers, liquidity providers with 80% of the transaction fee. 10% is burned, and 10% goes to the foundation.
SWAP will gradually reduce as tokens are burned with each transaction and it will decrease the total supply of SWAP, thus increasing the value of each SWAP token.
Who is Trustswap?
Trustswap is founded by Jeff Kirdeikis, who explained about the Initial Coin Offering (ICO) period for cryptocurrencies was affected by high lawyer fees and pump and dump issues with tokens.
The CEO came up with a plan and an idea of a smart-contract service that allowed Time-Released Payments and which was a perfect solution to reduce the effects of VC companies selling the cryptocurrencies acquired at a discount at market prices producing a crash in the market.
Trustswap is the future of DeFi transactions and has revolutionized the market in facilitating payments using cryptocurrencies. With all of their advantages, they will surely be a force in the DeFi market and a bright future ahead for this amazing company.
Stay tuned with our interview with Trustswap’s very own Jeff Kirdeikis and for more news and updates, see Tron Spark.