DCTDAO establishes itself as a TrustSwap partner and strategic player in the Avalanche ecosystem
The TrustSwap Launchpad recently released a flurry of interesting crypto projects, including DCTDAO, Verso, and Tokenplace. Now these projects are creating synergies and supporting each other in developing important blockchain infrastructure in ways that are not previously possible.
DCTDAO + TrustSwap
DCTDAO is a quantum-resistant cross-chain DEX (decentralized exchange) where users can enjoy fast, affordable trading with Multi-Wrapped tokens while having the ultimate peace of mind thanks to their Quantum Proof security model. TrustSwap sees immense potential for DCTDAO to become a widely used decentralized exchanges in the Avalanche Ecosystem, as it facilitates cross-chain transactions and trading for only fractions of a cent.
In recognition of this potential, all TrustSwap Launchpad projects launching on the Avalanche Network will get a priority listing on DCTDAO. Additionally, Ethereum based projects will be encouraged to use DCTDAO’s bridge to facilitate low-fee trading for their communities.
$2 Cross-Chain Bridge by DCTDAO
To facilitate Avalanche interoperability, DCTDAO created the revolutionary new “Two-Dollar Cross-Chain Bridge”. As the name implies, a cross-chain transfer between Avalanche and Ethereum will cost just two US dollars.
The bridge allows Ethereum users to move liquidity to Avalanche’s low-fee trading environment and will include full support for custom tokens.
Yield Farming with TrustSwap and DCTDAO
In addition to all the ongoing innovation happening within their DEX, DCTDAO is also collaborating with TrustSwap to launch their new Yield Farming Program via the TrustSwap Farming Pools.
The following token pairs are eligible for yield rewards:
● DCTD/DUSDT
● AVAX/DWETH
● DWETH/VSO
● TOK/DWETH
● TOK/DCTD
● VSO/DCTD
In order to participate, token holders first have to add liquidity to DCTDAO and then stake the DCTD liquidity pool tokens in the appropriate staking pool on the TrustSwap Farming Pools portal.
All this is done in 3 simple steps.
- Add liquidity on the DCTDAO Dex
- Lock the LP Token on Trustswap
- Relax and enjoy your yield!
Note: your MetaMask wallet will need to be set to Avalanche Network in order to access these pools. Click here for a detailed tutorial on bridging, swapping, and farming. Be advised that this guide is based on staking the VSO/DWETH pair, please adjust accordingly.
This is yet another level of innovation from the DEX that reaffirms DCTDAO’s value as a key partner for TrustSwap and as a significant player within the Avalanche ecosystem.
About TrustSwap (SWAP)
TrustSwap is a multichain, full-service digital asset ecosystem that offers: P2P/OTC Escrow, Time-release payments, Launchpads, Incubator programs, NFT marketplace, Team token & Liquidity Locks and automated distribution protocol solutions. Their purpose is to develop tools and apps that ensure the security of crypto for both everyday hodlers and large venture capitalists alike.
About DCTDAO (DCTD)
DCTDAO is a revolutionary new platform that leverages Avalanche’s fast, gas-less and scalable blockchain with the capability to have multichain swaps to Ethereum and other blockchains. DCTDAO users can enjoy fast trading with Multi-Wrapped tokens as well as having the ultimate Quantum Proof security.
About Verso (VSO)
Verso is a decentralized marketplace for centralized, highly-regulated financial industries. By allowing millions of mainstream consumers to gain easy and intuitive access to DeFi protocols without leaving the comfort of their preferred e-wallet app, Verso is enabling non-finance applications to offer financial products to their user base in a rapid and scalable manner.
About Tokenplace (TOK)
Tokenplace is a next-generation trading platform that provides a high-level overview into the diverse landscape of digital assets. By connecting all their exchange accounts to the Tokenplace terminal, traders can get the best prices on the market by taking advantage of unique order-splitting algorithms to optimize and conceal their trades.
About Avalanche (AVAX)
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developers who build on Avalanche can easily create powerful, reliable, and secure applications with private or public blockchain networks. Avalanche gives you complete control over both the network and application layers helping you build anything you can imagine.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
