Hey Guys;
Are you aware of this emerging TrustSwap Defi project and its coin SWAP? Do you HODL any of these tokens? I'm having around 1.6K tokens SWAP and planning to HODL them for some time to get AirDrop of different tokens and some gains in near future.
Team Behind TurstSwap
People who have developed Uptrennd platform are the ones who are working on this new Defi project TrustSwap. So in simple words its Jeff Kirdeikis, CEO for Uptrennd & now TurstSwap. You will be surprised to know that the SWAP token in no time i.e. within a month's time of its launch has hit an all-time high of $1.50 - $1.60 somewhere close to it. And currently is trading somewhere around $1.32 - $1.40.
SWAP Tokenomics and other details
A quick look at the TrustSwap token (SWAP) which has many unique features and some of them are listed as follows:-
- 100,000,000 - SWAP token Supply
- SWAP is a Deflationary token and 10% of SWAP used for transaction fees will be burned. So this further reduces the supply of the token
- Rewards for Staking SWAP
- Governance; stakers of SWAP tokens will be voters for platform governance and decision making
- And much more details can be found HERE
The other detail is about my HODLing of the token. I've been watching the price of SWAP token for a month now and from low as a couple of cents, it has surpassed a 1$ now.
Currently, you can stake your SWAP tokens to be eligible for AirDrops of other tokens, and recently I heard Airdrop of ChainGames tokens for people who HODL 1K SWAP tokens and above. Full details can be found at TrustSwap discord; #announcement- channel.
My GOAL with SWAP tokens...
As I mentioned that I currently HODL 1.6K SWAP tokens and to be really frank with you all I entered at a price when it was $0.50 cents. My goal here is for the SWAP token to reach $2 and then I would be taking out all the profits and build my HP with the profit I get.
I don't know if you have been following my blog or not but earlier I did mention regarding 1UP tokens and the details can be found here. So the profits that I got from selling 1UP tokens, I invested them into SWAP tokens and was lucky to enter at the somewhat right time and now HODLing the SWAP tokens for one more BULL run so that it reaches my set target price of $2..
Do you know about this Emerging Defi Project; SWAP? Would appreciate and love to hear your thoughts on the project and what's your strategy around HODLing the SWAP token...
Best Regards
PS:- Image Courtesy TrustSwap.org