Difference between revisions of "TrustToken"

From CryptoWiki

m (1 revision imported)
Line 56: Line 56:
=== Pros ===
=== Pros ===
=== Cons ===
=== Cons ===
== Team, Funding, Partnerships, etc. ==
 
* Had investment from [[FTX (FTT)|Alameda Research]]/FTX, which [https://twitter.com/Edvis100/status/1591106606716313600 came out] (11-11-2022) during the FTX crash. This could mean fall-out risk.
 
== Team, Funding, Partners ==
=== Team ===
=== Team ===
* Full team can be found [here].
* Full team can be found [here].
 
*[[Danny An]]; Co-founder & CEO
* [[Danny An]]; Co-founder & CEO
* [[Rafael Cosman]]; co-founder
* [[Rafael Cosman]]; co-founder
* [[Stephen Kade]]; co-founder
* [[Stephen Kade]]; co-founder

Revision as of 03:32, 14 November 2022

 Basics

  • Announced on:
  • Mainnet release:
  • Based in:

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

  • Claims 1-1 backed with dollars and "A new type of trust developed in collaboration with the top trust law attorneys in the world" because it "Pays fiduciaries who fulfill accounting requirements and interface with legal-financial institutions"

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

"Stablecoin issuer TrustToken is bringing its proof of reserves system for TrueUSD (TUSD) collateralization levels on-chain. Adding Chainlink to an existing partnership with accounting firm Armanino makes it possible. Pulling from Armanino’s TrustExplorer API, the Chainlink integration makes the data available on-chain, which then lets app builders develop preventative measures against fractional reserve banking or other potential red flags."

Their Other Projects

DEX

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

  • Bug bounty program can be found [insert here].
  • CertiK claims to have done an audit for them, according to their website (12-6-2020).

Bugs/Hacks

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

  • Had investment from Alameda Research/FTX, which came out (11-11-2022) during the FTX crash. This could mean fall-out risk.

Team, Funding, Partners

Team

Funding

Partners