TrustFi
Search…
Abstract
As blockchain-cryptocurrency innovators are looking for decentralized, censorship-resistant ways of fundraising, there has been an emergence of Initial DeFi Offering (IDO) and Initial Liquidity Offering (ILO). Furthermore, given the rise of Automated Market Makers (AMMs), a token’s liquidity has become a crucial determinant of its market price.
Although the market is becoming more competitive and value-oriented, early-stage innovators are facing unprecedented challenges due to these fast-paced changes. Prior to listing, they now have to seek liquidity investments for their tokens. In turn, however, the scenario presents new opportunities for early-stage investors, facilitating higher and more secure returns through liquidity mining.
At the same time, the growth of the decentralized finance (DeFi) ecosystem in 2020 has been explosive, despite DeFi being an almost unknown concept in 2019. According to data from DeFi Pulse, while it took over two years for DeFi deposits to reach USD1 billion in Total Locked Value (TVL) as of Q1 2020, it took just a year for DeFi TVL to spike from ~USD1 billion to almost USD52 billion (~52x increase).
DefiPulse snapshot as of 7 April 2021
The continued launches of innovative products with attractive returns in the DeFi ecosystem are expected to sustain DeFi’s exponential rise, with more and more market players observing with increasing clarity that the DeFi market, dubbed as the “Internet of Money”, is poised at the brink of an unprecedented bull run. This is considered to be the tip of the iceberg of Web3.0.
Innovative fundraising methods such as IDO also promoted the prosperity of the early blockchain-cryptocurrency issuance market. However, 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. At the same time, how to complete the initial establishment and effective incentive of DAO is also a challenge for blockchain-cryptocurrency startups.
TrustFi Network is a decentralized BaaS solution for DeFi market based on multichain environment (Binance Smart Chain, Ethereum, and Polkadot etc.), focusing on early crypto assets issuance, liquidity management, community activities and DAO governance. TrustFi Designs decentralized DeFi market liquidity promotion and DAO incentive solution, including IDO General Protocol, Decentralized Staking Contract and Providing Liquidity Mining Model (“PLM”), which will provide complete support for blockchain-cryptocurrency startups and unlock the vitality of DeFi. Activity on TrustFi Network is governed by TFI, the network’s native token.

Trusted DeFi Market BaaS Solutions Built on Web 3.0.

Decentralized Finance (DeFi) has been consistently gaining popularity within the last year, and presently, we are witnessing the much-awaited adoption boom. Driven by the rise of decentralized exchanges like Uniswap, as well as several promising DApp solutions, the market has grown by over 5000% since 2019. At the time of writing, the total DeFi market capitalization is over $52 Billion.

The Problem

Innovative fundraising methods such as IDO promote the prosperity of the early blockchain-cryptocurrency issuance market. Despite the popularity, however, the adoption drive is still facing some obstacles. 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.

The TrustFi Solution

TrustFi Network is a decentralized BaaS solution for full market of DeFi. It supports multichain crypto assets and cross-chain liquidity management, and will help blockchain-cryptocurrency startups complete early tokens auction and staking management plan, and provides incentive model for the establishment of DAO and market liquidity promotion.
A complete portfolio of products developed by TrustFi, including IDO General Protocol, Decentralized Staking Contract supporting multichain environment, and PLM liquidity incentive model, which will effectively help early blockchain-cryptocurrency capture the value, which is an important supplement to DeFi infrastructures based on Web 3.0.
TrustFi Network is committed to establishing a decentralized platform, centering on the liquidity of on- chain assets, and based on PLM Model, effectively linking DeFi community governors, on-chain liquidity suppliers and investors, application developers, and infrastructure operators, to unlock the potential of DeFi market liquidity.
TrustFi Network will provide liquidity supplement for crypto assets on Binance Smart Chain, Ethereum, Polkadot and other blockchains. By unlocking the potential of on-chain DAO, TrustFi Network will stimulate the vitality of on-chain transactions, which aims to build an equal DeFi ecosystem.
TrustFi BaaS Ecosystem Framework
Last modified 5mo ago