Ethereum | ETH

Trustswap: Leading the DeFi Revolution

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

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.

 

Supported Cryptocurrencies

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • Dashcoin
  • Monero

 

Trustswap Token (SWAP)

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.

Jino Tokieda

Meet Jino Tokieda, a skateboarder for over two decades and a proud father of two. Jino is a unique individual, as he is a Japanese Filipino, and brings a unique perspective to his writing. With over 21 years of experience in the skateboarding world, Jino has a wealth of knowledge and experience to share with others. In addition to his skateboarding career, Jino has also worked as an account executive for a global photography company, giving him a diverse background and a unique perspective on the world. Since 2020, Jino has been writing articles for Tron Spark and has been involved with the TRON crypto community for a few years. With his vast knowledge and experience, Jino is sure to provide valuable insights and information to his readers.

Recent Posts

VOD Wallet: Partners with TRON’s USDD to Enhance User Experience

In a significant move within the cryptocurrency space, VOD Wallet has announced a strategic partnership…

4 weeks ago

TRON: TRC20 Stablecoin Ecosystem Achieves $13.89 Billion in Daily Transactions

In the realm of cryptocurrency, stablecoins serve as an anchor, providing stability in a notoriously…

1 month ago

Pi42 Exchange: Revolutionizes Crypto Trading in India with TRX Listing

In the constantly evolving landscape of cryptocurrency, it's always exciting to see substantial developments that…

1 month ago

TRON Blockchain: Surpasses 217 Million Accounts

In a significant milestone for the cryptocurrency industry, the TRON blockchain has officially exceeded 217…

2 months ago

Merlin Chain: Teams Up with TRON to Unlock New Possibilities for Bitcoin Users

In a groundbreaking move set to redefine the landscape of blockchain interoperability and financial inclusivity,…

3 months ago

TRON: Unveils Revolutionary Bitcoin Layer 2 Solution

TRON, the powerhouse behind the globe's most expansive stablecoin domain and a significant player in…

3 months ago