Monthly Highlights of August and September
· BabySwap & $TFI NFB listing on Treasureland
Treasureland is a multi-chain NFT issuance and trading platform for users to mint with ZERO gas, trade or auction NFTs within one click.
· TFI Booster has completed the audit from Certik
The code of TFI Booster has been open sourced and the audit by Certik has been completed.
👉Learn about Audit Report: https://www.certik.org/projects/trustfinetwork
· TrustFi joined Startpool of BSC Station
Users can Stake $BSCS to earn $TFI in BSC Station from August 18th to September 18th.
👉For more information: https://bscstation.medium.com/new-start-pool-goes-live-with-trustfi-on-bsc-station-stake-bscs-earn-tfi-2f27d89c35a0
· Bscstation has launched Farm Pool with TrustFi
Users can stake TFI-BNB LP on BSCStation to earn $TFI from August 20th to September 20th.
👉For more information: https://twitter.com/bscstation/status/1428736291655491587
· TrustFi has launched a new staking pool for $TFI
New staking pool of $TFI named Staking TFI 8 with Max CAP of 2,000,000,
Started from August 27th to November 27th. Users will earn 60% APY if you stake $TFI for 90 days.
We have staked 2,000,000 $TFI tokens in the pool eventually.
👉Learn how to stake TFI in TrustFi Staking:
https://trustfi.medium.com/trustfi-staking-tutorials-77afbac9e17c
· TrustFi titled and sponsored the Weekly Tournament of CheersLand
A total prize pool of 50,000 $TFI sponsored Crypto Pirates, the first Classic Game of CheersLand, and was distributed to 340 gamers’ addresses after the tournament.
👉Learn more: https://medium.com/cheersland/cheersland-x-trustfi-cup-weekly-tournament-lets-play-earn-326cee5b93ea
· TFI token is listed on Multi-asset Staking Platform of CheersLand
TFI token holders can stake 1500 TFI for 24 Hrs and earn 1 HP, the universal ticket for CheersLand Multi-game Universe.
👉Stake now: https://cheersland.org/staking.html
Business Development Updates:
Since September, we have successively developed clients and partners to use our BaaS Solution Tech to build DeFi products, and made some progress so far.
TrustFi Alpha:
We’ve helped CheersLand to build its gamified launchpad with TrustFi Alpha Module and the audit to the contract has been passed by Certik. TFI mining farm pool will be opened in CheersLand soon, and TFI staked amount will serve as an optional reference standard for users to participate in IGOs of CheersLand.
👉Learn about the audit report: https://www.certik.org/projects/cheersland
TrustFi Beta:
TFI More, the original Staking and NFT platform developed by TrustFi Beta Module, was launched officially on Sept.1st. We didn’t promote it in all channels because there are still some design issues to be solved including:
The user’s process is a bit cumbersome;
The rules are more complicated;
The income reward is not obvious.
So we keep the launch of TFI More under internal testing. At the end of October, the Tutorials of TFI More platform will be released, and the Community Governance Committee will decide whether to launch it again.
PLM Model:
Now our test of PLM Model is ongoing in TFI More Platform and will be completed soon. According to the roadmap, we’ll launch the MVP of PLM Model in the fourth quarter of this year.
Main Events
This month, Simon Lau and Joesph Cheung as the core team members attended 2 AMA activities and answered the questions to TrustFi community members and babyswap community members.
Challenges We Ran Into
As one feature of TrustFi BaaS solutions, the PLM Model we built still has a lot to be verified. Therefore, we currently focus our development on helping clients build launchpads. We believe that the success of our clients will also bring us success. In particular, as their strategic partner, TrustFi has participated in the incubation and founding community of CheersLand.
The launch of TFI More also encountered some challenges. But we believe that we can launch it again soon with the participation of the Community Governance Committee combined of TFI holders. Let’s look forward to it.
Future Plans
(1) Help Listing the first IDO. As the community driven incubator for crypto startups, TrustFi is glad to back CheersLand and help list its IDO. TrustFi has invested in CheersLand in the founding community round and TrustFi Foundation Ltd. decided to share all the allocations with supporters of TrustFi based on contribution value.
(2) Benefits for TFI holders. All $TFI stakers and holders will get the $CHEERS Airdrops of CheersLand. The specific airdrop campaign will be released in the near future and please get tuned.
(3) Improvement of liquidity. In the past two months, the liquidity and trading volume of $TFI tokens have not improved. We’ll pay attention and take some measures to improve it.
(4)Listing on EXs. We are going to push listing $TFI on one or two excellent CEXs or DEXs to gain more attention and liquidity, and TrustFi has completed the audit to token contract, and legal opinions and other qualified documents which could be under CEX teams’ review.
(5) More partnership and cross-marketing. Will expand more partnerships to provide greater support for the TrustFi ecosystem.
(6)Ecological Governance Committee. Candidates will be selected among investors and supporters from staking contributors to participate in the co-management of such as the vaults and decision-making on major issues of ecological development.
Let’s connect
If you are a $TFI holder, please put forward constructive comments and suggestions on the Response area without hesitation — we want to hear from you. As rewards, we will airdrop NFT on your address if we adopt your opinion.
Stay updated on the TrustFi’s progress by following on social media channels and communities.
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