TrustSwap Integrates $SWAP Token to the Chainlink Oracle Network

Trustswap Chainlink

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Real-time price data related to the SWAP token can now be accessed by other players in the DeFi space via Chainlink’s secure and reputable oracle network.

TrustSwap is diving deep into the DeFi space with the addition of the $SWAP token price feed data into the Chainlink decentralized oracle price feed. This inclusion will allow TrustSwap token to be integrated seamlessly into all DeFi and CeFi projects connected to the Chainlink price data such as CREAM, AAVE, Celsius, Synthetix and more. Anticipate more news about the Swap token integration in the DeFi ecosystem soon.

About Chainlink

Chainlink has proved itself as the leading solution to bring real-world data into blockchain platforms. The Chainlink Oracle Network expands the potential of smart contracts by facilitating access to real-world data and off-chain computation via oracles while integrating maximum security and authenticity of information through decentralized blockchain technology.

Use cases enabled by Chainlink include P2P payments, NFT exchanges, supply chain management, authorization and identification procedures, insurance, and enterprise systems.

Price Feeds represent the most popular use case of oracles. Several DeFi platforms like AAVE, Cream and Synthetix rely extensively on Chainlink’s price feed oracles to obtain tamper-proof, authentic, real-time asset prices for their smart contracts. For example AAVE, a lending and borrowing platform, uses Chainlink price feeds to establish the total value of collateral in their network which directly affects interest rates and other variables within their platform. Chainlink also enables blockchain-based derivatives platforms like Synthetix to provide trustworthy on-chain valuations based on the price of both real-world and digital assets.

Chainlink offers their high-quality price data feeds through a network of independent node operators who aggregate data to produce the Chainlink price feeds. Each price feed has an on-chain address to allow smart contracts to read from that address. Each price feed is maintained by the community who rely on accurate and updated price data in their smart contracts. As more users contribute to a price feed, its quality and accuracy improves.

A list of the cryptocurrency price feeds powered by Chainlink can be found here.

$SWAP Token Integration with Chainlink Network

The integration of SWAP token into Chainlink’s price feeds provides an extensive opportunity for TrustSwap to expand its services further into the DeFi ecosystem. The majority of DeFi projects use Chainlink’s oracle service to access secure data inputs and outputs. Real-time price data related to the SWAP token can now be accessed by other leading players in the DeFi space via Chainlink’s secure and reputable oracle network.

TrustSwap is thrilled to leverage this Chainlink integration to continue growing in collaboration with other DeFi projects so as to provide the quintessential decentralized toolkit service for its users. The SWAP price feed on Chainlink is now the quickest and easiest way for external smart contracts to interact with SWAP’s real-world market price. The price feed will be used to determine SWAP token prices allowing easy integration with other premier DeFi projects. This will allow for greater liquidity and utility for the SWAP token as well as more opportunities for the TrustSwap community.

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Opulous, TrustSwap bring Music NFTs and DeFi loans

Opulous is set to collaborate with TrustSwap for their upcoming ASA $OPUL token offering on June 30th 2021 starting at 9:00 AM PST.

OPULOUS is the world’s first platform bringing Decentralized Finance to the music industry. The project will provide a launchpad for the first copyright-backed Music NFTs, as well as DeFi loans that would change the way artists access funding.

The platform will offer users the option of choosing Ethereum or Algorand as a blockchain for their tokens. In conjunction with Algorand, Opulous is building a bridge that will facilitate transfers between the two blockchains.

Meanwhile, partnerships and agreements are being established with major exchanges to support their multichain ETH/ASA $OPUL token. Users will be able to deposit ETH tokens, then withdraw ASA tokens, and vice versa.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

The Opulous platform has three main functions:

  • NFT Launchpad
  • NFT Exchange
  • DeFi Loans

Opulous Music NFTs are a new form of Non-Fungible Token that entitles holders to a share of a song’s future royalty earnings, and other exclusive rewards, in exchange for social media support.

Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men, and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.

The Opulous Ecosystem

NFT Launchpad

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous is the first platform to launch copyright-backed Music NFTs. Unlike other NFTs, Opulous tokens offer holders a share in the music’s future royalty earnings alongside exclusive rewards and fan experiences.

Whoever owns these groundbreaking NFTs will get paid every time the song is played on Spotify and other major music services. That also means their value can increase as an artist’s career progresses.

Fans and investors will not only receive royalty payments, but also be able to unlock other exclusive rewards such as backstage passes, gig tickets, and merchandise, simply by sharing the music on social media.

NFT owners can also track and withdraw their earnings directly from their Opulous account and trade their NFTs on the upcoming Opulous NFT Exchange.

NFT Exchange

The Opulous NFT Exchange creates a new sharing economy based on music where anyone can buy and trade copyright-backed Music NFTs to earn a share of the royalties generated.

For example, a music fan could find an underrated song they know is going to become more popular over time.

They can buy it as an Opulous NFT, support an upcoming artist right from the start of their career and earn ever-increasing rewards as the track becomes more valuable while gaining popularity.

DeFi Loans

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous offers low-risk DeFi loans backed by real-world music assets and future royalties.

Despite earning a stable royalty income, too many artists are turned away by traditional banks or forced into unfair deals with major labels.

By evaluating an artist’s royalty reports from previous years, Opulous can accurately predict how much money the artist will generate over the next 12 months and offer this amount as a loan.

On the other side, investors can stake their crypto assets on the platform to generate high returns. Unlike most DeFi platforms, Opulous loans are always backed by predictable music assets vetted by the expert team, which greatly reduces risk on investment. In order to avoid loan defaults, Opulous will hold the copyrights used as collateral until the full amount is paid back.

Token Economy

Transactions within Opulous will use the platform’s native $OPUL token, which has a fixed supply and can be purchased through multiple decentralized and centralized exchanges. Users will also be able to purchase NFTs directly using credit or debit cards.

Users can stake $OPUL tokens in high-interest lending pools. Token holders will also receive special discounts on certain transactions as well as exclusive access to NFT drops from major artists.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous Team and Advisors

Opulous has attracted a senior team and board of expert advisors from across the music and crypto worlds.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous(OPUL) Token Offering Details

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

$OPUL – Secure Launch Process

To guarantee a smooth and secure launch, Opulous has agreed to:

  1. Have their domain fully SSL certified one week prior to the presale date.
  2. Have their domain protected by Cloudflare and share proof with TrustSwap one week prior to the presale date.
  3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  4. Add no less than $200,000 liquidity on DEX immediately upon listing.
  5. Distribute tokens to launchpad participants within one hour of DEX listing using multisend.io.
  6. Lock liquidity within 3 hours of listing for no less than 60 days at http://team.finance/.
  7. Provide the timeline for token distributions, and distribute tokens within a one hour window of the agreed upon time.
  8. Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch on DEX.

OPUL tokens – Participation and Allocation 

Anyone can apply to participate in the $OPUL token offering as long as they’re eligible in their given territory, including those outside the TrustSwap ecosystem. However, application does not guarantee an allocation.

If the $OPUL token offering is over-subscribed priority will be given to the TrustSwap community as follows:

  • Anyone with over 4,000 SWAP staked or a SwapScore over 2500 when the launch begins (Snapshot is at 9 AM PST on June 30th, 2021) will be given a guaranteed allocation based on the tiers in the table below.
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Step-By-Step Guide

1. Between 9 am PST of June 30th, 2021 and 9 am PST of July 1st, go to https://dashboard.trustswap.org/app/launchpads

2. Complete the necessary steps and verify your identity.

3. The portal will close once 24 hours have elapsed. There will be a waiting period of up to 48 hours as the Opulous team finalizes internal processes.

4. If your application is successful, you will receive an email indicating how much you are able to contribute to the token offering. You will have 24 hours to send the funds or your position will be given to the others.

What Should I Do to Prepare for the Opulous ($OPUL) token Offering?

Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens here before the deadline mentioned above.

Take a photo of your government issued ID card (Passport, Drivers License, or any other form of government issued ID card that has your photo in it).

Take a selfie of yourself holding the ID card along with a note that reads: “Opulous 30th June 2021”.

Submit your details and documents at any point during the 24 hours window at https://launchpad.trustswap.org/.

Where Can I Learn More About Opulous (OPUL)?

Website: https://opulous.org/

Medium: https://opulous.medium.com/

Telegram : https://t.me/opulousapp

Twitter: https://twitter.com/opulousapp

Reddit: https://reddit.com/r/opulous

Who Can Participate in Opulous token sale?

Anyone not domiciled in the USA or UN sanctioned countries can participate in the Opulous token sale.

*The eligible countries list is selected by Opulous . If your country is not listed, this does not mean you are ineligible for future TrustSwap Launchpad projects.

** Launchpad dates are subject to change. This is not an endorsement, partnership or an offer for investment by TrustSwap. Opulous is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.

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Trustswap SaveTheWorld

TrustSwap and SaveTheWorld Partner to boost Donations for Eden Reforestation Project

Cryptocurrencies are often blamed for significant environmental damage, no matter the progress already being made in that sphere. Making the world a greener place hasn’t been a once-in-a-while shot for TrustSwap but rather a continuous, evergreen effort. Our partnership with the Eden Reforestation Project has been one of the ways to support this cause.

Eden Reforestation Projects is a 501(c)3 non-profit organization that began operations in 2005 with a simple mission: Plant Trees. Save Lives.

Eden has developed an efficient model for reforestation with nurseries set up in Madagascar, Haiti, Nepal, Indonesia, Mozambique, Kenya, Nicaragua, and Honduras and planted more than 500 million trees across its project nations with approximately 20 million trees added each month!

They achieve this by using the contributions received to open nurseries in deforested regions and pay impoverished communities a living wage to plant seedlings of native trees and nurse them to maturity (~10 years). This synergistic cycle helps nurture and revive both the forests and the communities that depend on them.

Today we are delighted to announce a new level of support for Eden. Every month, the SaveTheWorld project will host a charity livestream for Eden and donate BNB on behalf of TrustSwap to the Eden Reforestation Project. With a cost of only ten cents per tree, we are assuring an on-going endeavor to continually plant trees and raise them to full maturity while also employing people in developing areas. The deal is being inked for the next twelve months and we can’t wait to report the number of trees planted by this time next year!

Click here to watch Jeff’s interview with the SaveTheWorld team and the first donation of 6 BNB

SaveTheWorld ($SAVE) is a hyper-deflationary charity token that allows for frictionless rewards while taxing and generating fees per transaction. For each transaction, a 10% tax is charged. 2% will be distributed amongst SaveTheWorld token holders providing frictionless yield rewards and the remaining 8% goes to liquidity.

50% of liquidity generated will be removed each day with 100% of the $BNB going to charity and 100% of the $SAVE tokens burned forever. SaveTheWorld is using a Gnosis Multi-Signature Wallet to handle the donations in a transparent way.

Please read more about Eden Reforestation Project and learn how you can get involved or donate directly at: https://edenprojects.org/.

To know more about the SaveTheWorld charity initiative powered by the $SAVE token, visit savetheworld.health.

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