September was an incredibly eventful month for TrustSwap, full of launches, updates, integrations, ideas, and lessons learned. As we wrap up the month and move into Q4 we wanted to share a summary of notable events from the last month.
September 1st — SwapScore System and DASH Bot Deployed
It’s hard to believe it’s only been a month since the SwapScore/DASH system was rolled out as a way of distributing value and rewarding stakers proportionally for not only their total amount of SWAP staked but time staked as well. A community member named Mukki developed a DASH Bot so people can easily check their scores in our Discord group. You can read about and see your DASH & SwapScore here.
September 5th — SWAP Added To Liquidity Farm
The yield-farming community voted to add a SWAP-ETH liquidity pair to the open-source $SUSHI fork yield-farming.io. This creates new opportunities for SWAP holders who may be interested in such DeFi protocols but please note that this is NOT an endorsement or promotion of the project in any way. They are not affiliated with TrustSwap and anyone wishing to use yield-farming.io does so at their own risk. As always, the TrustSwap team advises extreme caution and due diligence when dealing with any 3rd party software.
September 7th — Smart Contract Audits Completed by Hacken
World-renowned software security firm Hacken notified the TrustSwap team that they were finalizing their audits for the SmartLock and Staking software and were impressed by the high quality of the work. Full audit reports will be posted soon on TrustSwap.org.
September 10th — Mainnet Countdown Announced
The Mainnet Launch Countdown began 96 hours before the staking service launched.
September 11th — WinPlayApp Announced SmartLock and SwapDrop
The WinPlayApp announced that they would be locking team tokens with SmartLock and doing a SwapDrop to SWAP holders with the top 500 DASH scores.
September 12th — Unilayer and Meridian Integrations Announced
Click here to learn all about the TrustSwap/Unilayer business integration, where 2.5% of all Unilayer launchpad fees will be used to buy SWAP tokens and then distribute them to stakers & more. TrustSwap integrated with Meridian to provide escrow services for their prediction market Dapp, click here for more info.
September 13th — Tribute (TRBT) SwapDrop Announced
The Tribute team dropped 3.5% of their total supply to the top 3000 SWAP holders based on DASH score.
September 14th — Mainnet Launch, and Mandala Integration, and Raid Media Promo
Launchday! Mainnet went live with staking, SmartLocks, and SmartPay.
Details were released about TrustSwap being OTC escrow provider for the first private project to get access to Binance Cloud, Mandala Exchange.
Raid Media, who have done promotional videos for Audi, Adidas & more joined forces with TrustSwap to provide A grade promotional videos for Launchpad projects to help keep these projects in ideal shape in the long term, Aubit and MobiePay included.
September 15th — Staking kicks off in a big way
Within 24 hours, ~30% of the entire SWAP circulating supply had been staked.
September 17th — NFT Launchpad Allocation Mining Announced
A new system was announced to farm NFT tickets by staking SWAP. These tickets can be entered to win allocation placement in upcoming Launchpad presales. They can be bought and sold on the open marketplace. More info here
This was a big day for TrustSwap! 2 integrations, 2 SmartLocks, and a SwapDrop!
September 20th — Geeq Integration Announced
Geeq, a proprietary blockchain, and TrustSwap integrate to take TrustSwap’s services cross-chain.
You can now get paid in SWAP to help scout out new projects for the TrustSwap Launchpad!
September 26th — HatchDAO Exit Scam
HatchDAO had used SmartLock to lock their team tokens and TrustSwap had publicly announced this fact. Although the team tokens were locked, the liquidity was not. The HatchDAO project pulled their liquidity, known as a ‘rug’. Many people assumed that team token locks prevented any/all scams. From this, it became clear that TrustSwap needed to alter our PR messaging and branding, and we have done exactly that.
The website has been fully updated and we will not be announcing when anonymous projects use SmartLocks. We will be including ample disclaimers and our branding/messaging will be more clear and concise moving forwards. We will be ensuring that expectations meet reality moving forwards.
September 28th — CHAIN SwapDrop completed, Aubit and MobiePay Launches announced
CHAIN dropped to SWAP holders with DASH of 1000 or more over the last 30 days. MobiePay and Aubit Launchpad dates are announced.
September 29th — New Video by Cryptonaut
- Investor Dashboard seen here
- Unimex offering 6.25% of on-platform fees to SWAP stakers, 2.5% total supply airdrop to SWAP holders, and will be leveraging our escrow services. More info here.
- TrustSwap will be offering ‘liquidity locks’ as a software service completely free of charge for anyone to use within the coming week.
- We are now in the early stages of building out the TrustSwap Transparency Portal, a dashboard that highlights which TrustSwap services specific projects have used and provides real-time, on-chain data for tracking those tokens.
- We have heard your concerns about the staking portal, and we are actively working to improve that experience.
Thanks for being part of this journey! We know it’s a lot to keep track of but have no plans of slowing down. Getting the most out of your SWAP takes some active engagement and we encourage you to join our community in Discord and Telegram or visit www.TrustSwap.org for more information.