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Author Topic: [ANN] TofuDeFi - Trade and stake Ethereum assets on TRON  (Read 1258 times)
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January 12, 2021, 10:37:21 AM
 #41

hi where can we find progress on the Tofu Defi project? I saw on discord there wasn't much that I could get information there, only telegrams were actively reporting the latest information, unlike most other projects that were complete to announce developments in social media, why didn't Tofu Defi make it? Generally social media will help people to find any news about a project and more specifically Tofu

Hi! Thank you for your reply and suggestions!

We are working on TofuSwap now and expect to launch it in a week or so. Right now we are more focused on development rather than on promotion and social media. We have Discord and Telegram channels and any significant information will be posted there, in this thread and on the website. We know that promotion is important, but we believe that without real product it's useless.
a pretty good strategy thinking of the product beforehand if the promotion is carried out without a real product is a waste of work, and I see that the price of Tofu tokens has increased quite a bit today, I don't know what the real cause is, but it could be even higher if the product is already launched for real

Yesterday I've remembered that I have some USDT on Ethereum and decided to swap it to WBTC because price was comparatively low. Uniswap ask me $50 fee for that or even more. It's insane.

On JustSwap it's about $0,05 + 0.3% liquidity provider fee. Tofu fees for swaps will be even lower than that.

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January 12, 2021, 02:27:35 PM
 #42

hi where can we find progress on the Tofu Defi project? I saw on discord there wasn't much that I could get information there, only telegrams were actively reporting the latest information, unlike most other projects that were complete to announce developments in social media, why didn't Tofu Defi make it? Generally social media will help people to find any news about a project and more specifically Tofu

Hi! Thank you for your reply and suggestions!

We are working on TofuSwap now and expect to launch it in a week or so. Right now we are more focused on development rather than on promotion and social media. We have Discord and Telegram channels and any significant information will be posted there, in this thread and on the website. We know that promotion is important, but we believe that without real product it's useless.
a pretty good strategy thinking of the product beforehand if the promotion is carried out without a real product is a waste of work, and I see that the price of Tofu tokens has increased quite a bit today, I don't know what the real cause is, but it could be even higher if the product is already launched for real

Yesterday I've remembered that I have some USDT on Ethereum and decided to swap it to WBTC because price was comparatively low. Uniswap ask me $50 fee for that or even more. It's insane.

On JustSwap it's about $0,05 + 0.3% liquidity provider fee. Tofu fees for swaps will be even lower than that.
wow that sounds very good, I really want to see it soon as you are talking about real Tofu Defi products, and I really like your strategy, to be honest I currently don't really like to do transactions on the etherum network because it costs a lot of transaction fees expensive, that's why I started looking to Tofu Defi for my alternative method

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January 12, 2021, 02:50:43 PM
 #43

hi where can we find progress on the Tofu Defi project? I saw on discord there wasn't much that I could get information there, only telegrams were actively reporting the latest information, unlike most other projects that were complete to announce developments in social media, why didn't Tofu Defi make it? Generally social media will help people to find any news about a project and more specifically Tofu

Hi! Thank you for your reply and suggestions!

We are working on TofuSwap now and expect to launch it in a week or so. Right now we are more focused on development rather than on promotion and social media. We have Discord and Telegram channels and any significant information will be posted there, in this thread and on the website. We know that promotion is important, but we believe that without real product it's useless.
a pretty good strategy thinking of the product beforehand if the promotion is carried out without a real product is a waste of work, and I see that the price of Tofu tokens has increased quite a bit today, I don't know what the real cause is, but it could be even higher if the product is already launched for real

Yesterday I've remembered that I have some USDT on Ethereum and decided to swap it to WBTC because price was comparatively low. Uniswap ask me $50 fee for that or even more. It's insane.

On JustSwap it's about $0,05 + 0.3% liquidity provider fee. Tofu fees for swaps will be even lower than that.
wow that sounds very good, I really want to see it soon as you are talking about real Tofu Defi products, and I really like your strategy, to be honest I currently don't really like to do transactions on the etherum network because it costs a lot of transaction fees expensive, that's why I started looking to Tofu Defi for my alternative method
You are very right once the transaction gas costs on the etherum network switch to the Tron network, of course it will be very useful from transaction speed and saving transaction costs, to still enjoy the sensation of Defi, there is nothing wrong with trying the Tofu Defi project

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January 13, 2021, 04:20:33 PM
 #44

wow that sounds very good, I really want to see it soon as you are talking about real Tofu Defi products, and I really like your strategy, to be honest I currently don't really like to do transactions on the etherum network because it costs a lot of transaction fees expensive, that's why I started looking to Tofu Defi for my alternative method

Thank you for your response! We do our best to make it real.

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January 13, 2021, 05:24:06 PM
 #45

wow that sounds very good, I really want to see it soon as you are talking about real Tofu Defi products, and I really like your strategy, to be honest I currently don't really like to do transactions on the etherum network because it costs a lot of transaction fees expensive, that's why I started looking to Tofu Defi for my alternative method

Thank you for your response! We do our best to make it real.
good luck sir, and I see the progress of the Tofu token price, it looks like it has started to crawl upwards I hope it won't fall again and if the price is stable I really like it, if the platform is launched is there an advantage for them to add LP?

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January 14, 2021, 09:34:30 AM
 #46

Hello All,

I just have to say this project interests me a good deal.  The TRON network is more available than ETH 2.0 in the sense of sheer cost.  I think the problem statement is a moot point since ETH 2.0 is rolling out now, but that is just an opinion. 

Good Luck!!

Cheers,

Waya

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Join us and help Wolf Park an education, conservation, and research facility.
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January 16, 2021, 03:53:46 AM
 #47

TofuDefi Update 2021-01-16

After consideration with our team, we decided to introduce additional utility feature to TOFU token. People who will stake TOFU on special staking contract will be able to get discount for trading operations on TofuSwap and TofuBridge. We believe that it will benefit our community members and traders who will use our products.

This changes require some extra work, so we may have some delay in releasing TofuSwap, but it won't be too long. We will provide further updates soon, so please stay tuned!

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January 18, 2021, 06:25:15 PM
 #48

New Airdrop Announcement

We are very excited about the growth of TofuDefi community and we are happy to announce new airdrop of TOFU10 tokens. Last time we airdropped tokens to those who became liquidity provider for TOFU-TRX pool on JustSwap. In this airdrop we decided to reward our ambassadors. We will airdrop 500 TOFU every day to our ambassadors who has Silver status or higher in proportion to their holdings.

Airdrop starts:  2021-01-24
Airdrop ends: 2021-02-12
Total value: 10,000 TOFU10

We will distribute 500 TOFU10 every day within 20 days from airdrop's start date.

Details: https://tofudefi.com/airdrop.php

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January 19, 2021, 07:37:53 AM
 #49

New Airdrop Announcement

We are very excited about the growth of TofuDefi community and we are happy to announce new airdrop of TOFU10 tokens. Last time we airdropped tokens to those who became liquidity provider for TOFU-TRX pool on JustSwap. In this airdrop we decided to reward our ambassadors. We will airdrop 500 TOFU every day to our ambassadors who has Silver status or higher in proportion to their holdings.

Airdrop starts:  2021-01-24
Airdrop ends: 2021-02-12
Total value: 10,000 TOFU10

We will distribute 500 TOFU10 every day within 20 days from airdrop's start date.

Details: https://tofudefi.com/airdrop.php
The airdrop program is good because if they participate in that it also means that they also take part in maintaining the stability of the TOFU token price, because this airdrop program is not really free and requires capital at the beginning to participate in the airdrop which means that anyone who joins must buy tokens tofu

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January 26, 2021, 10:50:48 AM
 #50

Airdrop notice

If you participate in airdrop, please don't forget to swap TOFU10 to TOFU to increase your share, because we recalculate it on daily basis.

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January 26, 2021, 05:15:39 PM
 #51

Airdrop notice

If you participate in airdrop, please don't forget to swap TOFU10 to TOFU to increase your share, because we recalculate it on daily basis.
how will we exchange it?
Is the TOFU10 swap directly swapped to TOFU? or exchange for trx, then trx buy TOFU 10? Please provide us with detailed information so that we don't get confused and make mistakes

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TofuDefi (OP)
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January 27, 2021, 08:48:01 AM
 #52

how will we exchange it?
Is the TOFU10 swap directly swapped to TOFU? or exchange for trx, then trx buy TOFU 10? Please provide us with detailed information so that we don't get confused and make mistakes

TOFU10 token is interchangeable with main TofuDeFi TRC20 token(TOFU) using this contract:

https://tronscan.org/#/contract/TM4Gru6BBt21E6EvdC1c2hLeWub24aqj2T/code

You can use it directly or swap on our website:

https://tofudefi.com/swap.php

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January 27, 2021, 09:26:40 AM
 #53

how will we exchange it?
Is the TOFU10 swap directly swapped to TOFU? or exchange for trx, then trx buy TOFU 10? Please provide us with detailed information so that we don't get confused and make mistakes

TOFU10 token is interchangeable with main TofuDeFi TRC20 token(TOFU) using this contract:

https://tronscan.org/#/contract/TM4Gru6BBt21E6EvdC1c2hLeWub24aqj2T/code

You can use it directly or swap on our website:

https://tofudefi.com/swap.php
hi where is the most practical to do or as well as where for the cheapest cost, I want to take part in the airdrop but my status is not enough to become silver it's very sad that's why I buy slowly

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January 27, 2021, 10:36:22 AM
 #54

how will we exchange it?
Is the TOFU10 swap directly swapped to TOFU? or exchange for trx, then trx buy TOFU 10? Please provide us with detailed information so that we don't get confused and make mistakes

TOFU10 token is interchangeable with main TofuDeFi TRC20 token(TOFU) using this contract:

https://tronscan.org/#/contract/TM4Gru6BBt21E6EvdC1c2hLeWub24aqj2T/code

You can use it directly or swap on our website:

https://tofudefi.com/swap.php
hi where is the most practical to do or as well as where for the cheapest cost, I want to take part in the airdrop but my status is not enough to become silver it's very sad that's why I buy slowly

If you're asking about where to swap TOFU10, it doesn't matter, web page was made for convenience and it uses the same contract.

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January 27, 2021, 10:51:16 AM
 #55

hello before you said about the development of the Tofu Defi platform, how about now whether the development has been completed, I don't see any updates, only information about airdrop

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TofuDefi (OP)
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January 27, 2021, 11:29:06 AM
 #56

hello before you said about the development of the Tofu Defi platform, how about now whether the development has been completed, I don't see any updates, only information about airdrop

We are testing tofuswap now. I will make an announcement when we deploy it on mainnet.

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January 28, 2021, 08:39:03 AM
 #57

how will we exchange it?
Is the TOFU10 swap directly swapped to TOFU? or exchange for trx, then trx buy TOFU 10? Please provide us with detailed information so that we don't get confused and make mistakes

TOFU10 token is interchangeable with main TofuDeFi TRC20 token(TOFU) using this contract:

https://tronscan.org/#/contract/TM4Gru6BBt21E6EvdC1c2hLeWub24aqj2T/code

You can use it directly or swap on our website:

https://tofudefi.com/swap.php
hi where is the most practical to do or as well as where for the cheapest cost, I want to take part in the airdrop but my status is not enough to become silver it's very sad that's why I buy slowly

If you're asking about where to swap TOFU10, it doesn't matter, web page was made for convenience and it uses the same contract.
anyone sends TOFU10 to the smart contract wallet address TRC20 token (TOFU) will it be lost? maybe some people make mistakes like that, and this question arises in the telegram community, so i really want to know if it was lost or sent back to sender's wallet

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TofuDefi (OP)
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January 28, 2021, 02:57:33 PM
 #58

If you're asking about where to swap TOFU10, it doesn't matter, web page was made for convenience and it uses the same contract.
anyone sends TOFU10 to the smart contract wallet address TRC20 token (TOFU) will it be lost? maybe some people make mistakes like that, and this question arises in the telegram community, so i really want to know if it was lost or sent back to sender's wallet

The best way to swap TOFU10 and TOFU tokens is to use this page:

https://tofudefi.com/swap.php

If someone will send TOFU10 to TOFU contract or to Tofu10Exchange contract by mistake it won't be automatically exchanged to TOFU because TRON doesn't support such automated exchanges for security reasons.

Nevertheless we made it possible for both contracts to recover TRX and TRC10 tokens sent by mistake to them, but it's manual procedure because only contract owner can do that.

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asyakashi
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January 29, 2021, 09:28:45 AM
 #59

If you're asking about where to swap TOFU10, it doesn't matter, web page was made for convenience and it uses the same contract.
anyone sends TOFU10 to the smart contract wallet address TRC20 token (TOFU) will it be lost? maybe some people make mistakes like that, and this question arises in the telegram community, so i really want to know if it was lost or sent back to sender's wallet

The best way to swap TOFU10 and TOFU tokens is to use this page:

https://tofudefi.com/swap.php

If someone will send TOFU10 to TOFU contract or to Tofu10Exchange contract by mistake it won't be automatically exchanged to TOFU because TRON doesn't support such automated exchanges for security reasons.

Nevertheless we made it possible for both contracts to recover TRX and TRC10 tokens sent by mistake to them, but it's manual procedure because only contract owner can do that.
well maybe they will lose their tokens because of their mistakes, by the way are we not holding a marketing event to expand the Tofu Defi project network? and when will the details of the Tofu Defi mainet be released?

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TofuDefi (OP)
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February 01, 2021, 10:09:53 AM
Last edit: February 01, 2021, 10:22:52 AM by TofuDefi
 #60

TofuDefi Update 2021-02-01

We are still working on discounts implementation for traders on TofuSwap. These changes took longer than we expected, but we are planning to finish it this week. Another issue which we need to address is optimization of energy usage in our contracts. TRON team announced new proposal to increase energy cost 5x times:

https://github.com/tronprotocol/tips/issues/232

Even though it did not passed yet, but we decided to put additional efforts into optimization of our contracts to provide most cost-effective solution on the TRON network.

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