Trustswap Clone- The Ultimate Guide To Launch a DeFi Platform like Trustswap
Author Decentralized Finance DeFi Development, Trustswap Clone
The global economy is undergoing rapid changes with every passing day. Importantly, there is one Decentralized Finance (DeFi) platform that provides multiple services to investors and business enterprises. It is none other than TrustSwap. Importantly, the escrow solutions include token creation, token swapping, staking to earn rewards, tracking of the performance of coins, and access to early-stage Web 3.0 projects. Are you an entrepreneur aiming to build an open-source platform for managing finances? Develop a Trustswap clone now.
Discover the significance of TrustSwap
TrustSwap offers several DeFi tools for crypto token holders and business enterprises. Currently, it has a user base of more than 3.5 million. Moreover, the platform has secured funds of $4 billion. Besides that, TrustSwap is providing rewards in the form of long-term staking pools, hourly staking returns. The Decentralized Finance (DeFi) platform has onboarded 5000 new projects in the last 3 months.
Why is this the right time to launch a Decentralized Finance protocol like TrustSwap?
- Investors have locked in a whopping $95.28 billion in DeFi platforms across the world.
- Moreover, users can access multiple services like derivatives trading, peer-to-peer (P2P) lending, synthetic asset management, staking, and yield farming without dealing with any intermediaries.
- Currently, TrustSwap has a total locked value (TVL) of more than $2.4 billion.
- Further, the fast-growing platform allows investors to swap ERC-20 tokens with anyone across the world. This protects them from high escrow fees.
Are You Looking Forward To Developing a Platform Like Trustswap?
Live Chat With Us The key features of a TrustSwap Clone Platform are
Token Creation – Project creators can tap the coin generator tool on a TrustSwap clone platform. Importantly, they need not spend any investment on coding. Thus, you can create tokens on the testnets and mainnets of Binance Smart Chain (BSC), Ethereum, and Polygon. Later, investors can see information like the name, symbol, token vesting schedule, the locking period, the total supply, and the contract address.
Buy Swap button – Investors can purchase SWAP tokens easily on a TrustSwap clone. They can connect their MetaMask wallet and buy crypto assets from other platforms like Uniswap, 1Inch, QuickSwap, PancakeSwap, Pangolin, Poloniex, and Gate.io. Subsequently, they can stake a specific amount of SWAP tokens to receive access to new projects.
Liquidity Lock mechanism – Founders and initial team members can lock liquidity easily. They can click the Token Lock button on the Trustswap like platform. Subsequently, users can tap the search panel and check out the different token names and their addresses on Binance Smart Chain, Ethereum, Avalanche, Polygon, Conflux, PulseChain, Cronos, etc.
Later, information about the number of tokens locked, value locked in US Dollars, the name of the blockchain network, and the liquidity locked in % are showcased.
What are the advantages provided by the Liquidity Lock mechanism? Investors receive consistent returns from the vault. Further, project creators can fix a vesting schedule for all team members. Each person will receive a specific number of tokens on a certain date.
Support for several wallets – Investors can manage their funds easily by connecting their software wallets. They can choose options like Conflux, Coinbase Wallet, Fortmatic, Portis, MetaMask, My Algo, Algosigner, etc. They can protect their crypto holdings by using private keys and secret recovery phrases.
Advanced charts and graphs – Retail and institutional investors can make the right decisions by clicking the analytical section. They can select the platform (Binance Smart Chain, Ethereum, Polygon, and Avalanche) and see details about the Annual Percentage Yield (in %), the number of stakers, staked swap amount, the total rewards, unstaking period, address on the Etherscan blockchain explorer, and the total supply of tokens.
Further, investors can click the stats section. They receive information about the swap score, staked amount, multiplier level, rewards, and holdings. Besides that, users with the highest swap score will be showcased in the Leaderboard section.
Creation of custom token parameters – Business enterprises can set token parameters by clicking the SmartSwap section. They can do this after clicking the currency they wish to swap with (Ethereum and ERC-20). Later, firms should enter details like the token name, the beneficiary address, and the total amount of Ethereum (ETH) to transfer.
Trade NFTs – Individuals can easily buy crypto collectibles on a TrustSwap clone platform. They can access drops of award-winning artists, celebrities, and sportspersons.
Investors can also access features like a filter and search panel, a 24×7 help centre, an activity dashboard, and a rankings section. Moreover, they get advantages like instant setting up of storefronts, peer-to-peer (P2P) trading of ERC-20 tokens, discounts on trading, low gas fees, and allocation of funds to the staking rewards pool.
Real-time notifications – Users receive real-time alerts when various changes happen in the market. They can tap the Notifications panel and get information about the prices of cryptocurrencies, market capitalization, top-performing digital assets, and ups and downs in trading volume over a period. Moreover, investors can also click the Composite Index section and choose filters like hourly, daily, and weekly.
Creation of custom token lists – There are around 16730 crypto exchanges in the world now. Likewise, investors can monitor the performance of numerous coins over a period. They can create a list of digital assets. Moreover, users can sort out their tokens by Ethereum Name Service (ENS), InterPlanetary File System (IPFS), and the name of the DeFi platform.
Why choose AppDupe for creating a Trustswap like platform?
- Advanced tech stack (programming languages, integrated development environments (IDEs), and web frameworks) are used.
- Up-to-date knowledge of the latest trends in the world of blockchain technology, cryptocurrencies, Decentralized Finance, and NFTs.
- Extensive post-deployment services like smart contract auditing, technical assistance, addition of new functionalities, and layer 2 development.
Wrapping Up
TrustSwap has become a highly credible platform in the field of Decentralized Finance (DeFi). With support for 8 different blockchains, around 175 blocks are being created every day. It is generating a revenue of $400,000 monthly. Moreover, the Mint tool has helped individuals and business enterprises to generate 4000 tokens. Do you want such numbers? Connect with AppDupe now for developing a TrustSwap clone script soon.
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