TrustSwap is expanding Launchpad services, including FlashLaunches and the SmartLaunch toolkit, to the Avalanche Network. Upon completion of the integration, anyone will be able to easily generate, lock, and distribute new tokens on Avalanche with secure, fully-audited smart contracts.
The first phase will offer Launchpad and SmartLock services to Avalanche-based tokens and is expected to be completed by March 29th. The second phase, which will include the full suite of functionalities, is expected to be completed by the end of April.
TrustSwap has successfully launched 10 projects to-date and raised over $12M. To accelerate this growth, TrustSwap is building out SmartLaunch services (including SmartLocks and SmartMint) and will host Avalanche-based tokens on the Launchpad for both our Primary and FlashLaunch token offerings.
- Top 50 DeFi project according to CoinGecko with $250M+ market cap
- SWAP Token has $8M+ in trading volume
- $175M+ worth of SWAP Tokens are staked from 10,000+ unique addresses
- $500M+ is locked on the SmartLocks platform by 430 unique projects
- 30k+ followers on Twitter & 10k+ on Telegram
TrustSwap’s SmartLocks and SmartMint services will enable anyone to create and launch new tokens on Avalanche easily and securely. These services are now expanding by integrating cross-chain functionality and interoperability with Avalanche. Tokens on Avalanche can be locked, vested, and distributed via the TrustSwap platform providing added security and peace of mind for token holders.
The TrustSwap Launchpad is a premier service offered for top-tier projects that want professional support and guidance through the complex and critical token launch process. The TrustSwap team supports Launchpad projects with community development, strategic marketing, token economics, technical and operational support, and fully audited token minting and locking functionalities.
TrustSwap is actively seeking new projects on Avalanche that are interested in launching their tokens with fees significantly lower than initial exchange offerings on centralized exchanges. Positions on the Launchpad will be set aside for Avalanche projects.
Participation in Launchpad token offerings is based on “SwapScore”, a 60-day rolling average of SWAP staked on the TrustSwap Dashboard. This staking will still occur on Ethereum, but cross-chain functionality between Avalanche and Ethereum is being explored to help reduce gas fees on the staking portal in the future.
High gas fees and network congestion are now leading to many participants being priced out of the markets. Meanwhile, innovative new technologies are pushing the limits of what blockchains can do offering exciting alternatives.
After exploring various options including other sidechains and layer-2 solutions, the Avalanche Network stood out due to its high transaction speed, low fees, and ease of onboarding and integration.
Avalanche is an open-source multi-blockchain platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first smart contracts platform that processes 4,500+ transactions per second and instantly confirms transactions. Ethereum developers can quickly build on Avalanche using the Solidity code that they already know and work with.
There are a lot of great projects being built on Avalanche, but there is a shortage of options for secure token offerings and trustless transactions which TrustSwap aims to remedy.
Support for Projects Building on Avalanche
TrustSwap is excited to join the Avalanche community and embark on a new chapter in its history.
As the first active launchpad service on Avalanche, TrustSwap is currently looking for innovative and high-quality projects in the ecosystem that would benefit from secure token offerings on the TrustSwap Launchpad.
Avalanche-based projects that are interested in launching on TrustSwap can contact email@example.com with the project details or submit their application under the following link: http://trustswap.org/launchpad.