Hi everyone, here’s the official announcement of trxd.finance. The TFI token by Trxd.Finance which aims to be a platform catering DeFi services to users and distribute rewards through the token. I’ve decided to make an announcement now that its live and running. Hopefully some of you guys will be interested and decide to join but mainly want to get the word out and see what feedback you may have for me.
TFI DeFi Token by Trxd.Finance
There’s no ICO, pre-investments, or any type of sale of the token. At the same time, the team does not hold any tokens. Neither are there any tokens in reserve.
There’s a total issuance of 21Million TFI tokens created on the TRON blockchain and sent directly to a smart contract that holds all of them and facilitates distribution. The smart contract is Open Source and Fully Verified. Unlike other projects, nothing is hidden. Not even to potential competitors. There is no need for blind trust. Rest ensure that you can check and review the code at any time for anything fishy.
If you’re technical and know solidity or code in general, please take a look. The contract code can be found here:
https://tronscan.org/#/contract/THpK9i9iuNpdwar5uAvxAwwdvRKYYXFD1y/codeThe distribution process rewards TFI tokens to users who stake Tron (TRX) to the protocol according to an algorithm based on a mining schedule. Our smart contract handles the staking, claiming of accrued tokens, and distribution of earnings.
Everyone starts at equal footing. You will receive tokens only if you express interest in the form of staking TRX to the smart contract and getting rewards TFI tokens based on 3 factors: amount of TRX staked, current mining reward rate, and the amount of time you stake for.
For more info, take a look our TFI white paper:
https://trxd.finance/whitepaper-tfi.pdfWe went live just yesterday with our Genesis Mining Event going on right now. As of this moment, about 9k TFI tokens of 21M have been mined.
website:
https://trxd.finance