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($382.77 k)
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CoinMarketCap.comTrustFi Network is a multi-chain decentralized BaaS (Blockchain as a Service) solution focusing on the DeFi market and operating in a multi-chain environment. The platform is implementing the TrustFi Booster dApp 3.0. It has implemented a Sponsor Program for incorporating new DeFi protocols, and utilizes business structure optimization. An element of TrustFi, the Launchpad, facilitates the distribution of assets through the Strong Holder Tier System. The ecosystem showcases elements like TrustFi Farmer, TrustFi Booster, and TrustFi LaunchPad. TrustFi intends to present the TrustFi Booster V2.0 on BSC and broaden LaunchPad support to non-EVM chains like Solana, Polkadot, and Near over time. Users have the opportunity to hold TRUSTFI tokens which provide utility for the holders. TrustFi welcomes an immaculate reading experience free of ads, and offers a comprehensive information-backed guide coupled with a weekly newsletter. Among other elements, TrustFi assists in providing ecosystem exposure for its clients, and promotes meaningful interaction and value-orientated content through a reward system.
TrustFi centers on preliminary token asset issuance and handling liquidity via the TrustFi LaunchPad platform and the TrustFi Farmer platform, introducing distinctive Space platforms to users. Alongside, Metaverse-related product component exploration forms an additional phase of operation. Besides, TrustFi applies a community-inclined approach by enhancing community events, offering DAO governance through TrustFi DAO Support, and forming affiliations with launchpads, KOLs, VCs and fresh exchanges. The emphasis on community expansion and DAO governance is backed by the TrustFi Booster user growth program.
At its core, TrustFi utilizes the Automated Farm Pools (AFP) algorithms, forming a part of a Web3.0-based framework consistent with Web3 DeFi philosophy. Its solutions subsequently intend to bring changes to revenue and cost elements and boost involvement in its endeavors.
Aside from its engagement with the token market, TrustFi also aspires to widen the collective comprehension of the world through literary effort and backing independent authors. The TrustFi Global Hunter Program 2.0, with a potential start date in Q4 2023, showcases this community effort. Referencing Medium for pertinent informational content, TrustFi strives to keep its BaaS Ecosystem updated and envisions more initiatives in strategic alliances. Thoughts of deploying NFTs to invigorate its ecosystem are also being entertained. TrustFi's unwavering concentration on creating a decentralized future and funding related endeavors remains steadfast.
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TFI Metrics:
Current price: $0.0092
Market cap: $459.02 k
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $1.04 k
The TFI platform, building on the Decentralized Farm Protocol, cultivates a foundation for Web3 startups to shape their token utility and manage price fluctuations. The platform encompasses creation, governance, and decentralization, offering features such as yield generation via farming pools on the TrustFi Farmer platform. TFI's services encompass a revenue distribution initiative for hunters and a BaaS system. This setup pairs well with the SUI Network and TrustFi Launchpad, facilitating IDOs. There are plans to collaborate with blockchain ecosystems such as Polygon, Ethereum, and AVAX, with TrustFi Booster tailored to consider NFTs. TrustFi BaaS infrastructure engages with multiple blockchains. The influence of the TrustFi Farmer platform is augmented through partnerships with BSC, KCC, OKC, GateChain, and Fantom, and it's in a constant state of enhancement and contract revisions. TrustFi can integrate with BNB chain, Solana, Polkadot, Near, among other chains, with a primary focus on enabling transactions and the usage of tools. In the Multichain Ecosystem, TrustFi works hand in hand with a range of projects and communities to assist in the management and issuance of tokens. TrustFi also aids in the development of Farm Pools via the Automated Farm Pools (AFP) Contract.
The TFI token is an integral element of TrustFi's platforms, encompassing the TrustFi Farmer liquidity provision mining farm pool creation platform that is operationalized by the Automated Farm Pools (AFP) algorithm. The token can serve as an instrumental resource for those keen on establishing liquidity provision mining pools through technology. TrustFi's BaaS (Blockchain as a Service) ecosystem caters to fundamental DeFi components, paving the way for a broad spectrum of use cases for the TFI token. Among TrustFi's future initiatives is the launching of TrustFi Farmer and the TrustFi Global Hunter Program, which will be meaningful steps toward enhancing the utility of the TFI token for its holders.
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