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Title: Trustswap is Not to be Trusted Post by: luckyflop on October 01, 2020, 07:35:19 AM Trustswap is getting into liquidity locking while their liquidity isn't even locked. 25% of the liquidity has been slowly pulled out. No burn address was found. So it's not a burn thing. Drop in price coincides with every LP token pull and sell. The reason they funnel the LP tokens and funds between so many wallets is to make it harder to trace and follow. https://etherscan.io/token/0xd90a1ba0cbaaaabfdc6c814cdf1611306a26e1f8#balances (https://etherscan.io/token/0xd90a1ba0cbaaaabfdc6c814cdf1611306a26e1f8#balances) https://etherscan.io/token/0xd90a1ba0cbaaaabfdc6c814cdf1611306a26e1f8?a=0xb1bc5fac6a082f59c97f2989b3c31b5996d3a483 (https://etherscan.io/token/0xd90a1ba0cbaaaabfdc6c814cdf1611306a26e1f8?a=0xb1bc5fac6a082f59c97f2989b3c31b5996d3a483) https://etherscan.io/tx/0x9e1c93fc8b0c43c5337c472d929a868a528994bc69ca80c44da659fd2b5f8d9c (https://etherscan.io/tx/0x9e1c93fc8b0c43c5337c472d929a868a528994bc69ca80c44da659fd2b5f8d9c) https://etherscan.io/token/0xcc4304a31d09258b0029ea7fe63d032f52e44efe?a=0xa4b2b9d3873190a7e666c125aa6ba124f74cc006 (https://etherscan.io/token/0xcc4304a31d09258b0029ea7fe63d032f52e44efe?a=0xa4b2b9d3873190a7e666c125aa6ba124f74cc006) Title: Re: Trustswap is Not to be Trusted Post by: ice18 on October 01, 2020, 08:32:14 AM What are you talking about lol Trustswap liquidity is kinda huge they have also huge supporters and the team is public figure from different platform like Coinmarketcap, advisors are well known, no need to lock in liquidity as you can see current liquidity is $1,959,715 https://uniswap.info/pair/0xd90a1ba0cbaaaabfdc6c814cdf1611306a26e1f8 mate that was huge most investors requires liquidity lock because some projects has anon teams and yeah thats is so risky but Trustswap team common mate take a deep research they wont run away with lp lol.
Title: Re: Trustswap is Not to be Trusted Post by: kindbtc on October 01, 2020, 09:15:43 AM It is due to the fact that hatch dao that was launched in partnership with trustswap and trustswap announced that the liquidity is locked for hatch dao so it cannot rug pull or scam the investors but in the end it turned out to be exact opposite and the project did rug pull investors. Now it is natural that trustswap and their team will have to face the backlash and negativity as hundreds of people follow them for investing in new projects and this time they were ditched.
Title: Re: Trustswap is Not to be Trusted Post by: qazgroup on October 01, 2020, 10:40:57 AM If trustswap can not deliver what it claims to provide as a service then what else will they be used for and who will trust them.
I think initial hype about trustswap was huge and we saw over 300x gains on its token price as well but with current scenario developing around the project i think it will see much deeper correction than most people think and in few weeks time it will be available at a very cheap price. Title: Re: Trustswap is Not to be Trusted Post by: bitkanu on October 01, 2020, 11:40:11 AM It is due to the fact that hatch dao that was launched in partnership with trustswap and trustswap announced that the liquidity is locked for hatch dao so it cannot rug pull or scam the investors but in the end it turned out to be exact opposite and the project did rug pull investors. That means if trust swap was also running by crap developers who can't even bring their commitments to the investors. https://fullycrypto.com/trustswap-promises-change-after-hatch-dao-exit-scam What they have called as SmartLock trusted system could not be called trusted but it was smartlock scam system. Totally scam and crap platform The only blindly investors who are still believing in this crap defi. Title: Re: Trustswap is Not to be Trusted Post by: ice18 on October 01, 2020, 02:03:34 PM It is due to the fact that hatch dao that was launched in partnership with trustswap and trustswap announced that the liquidity is locked for hatch dao so it cannot rug pull or scam the investors but in the end it turned out to be exact opposite and the project did rug pull investors. Now it is natural that trustswap and their team will have to face the backlash and negativity as hundreds of people follow them for investing in new projects and this time they were ditched. From my understanding they did not announced liquidity locked its not part of Smartlock they just locked team tokens to avoid dumping until now its locked by Trustswap but HatchDao Scammers mint additional token and dump in Uniswap draining the liquidity pool and run away thats what happen from what I understand. |