Hey All;
Today TrutSwap has finally launched its product and is currently LIVE on Mainnet. As of writing this article you can clearly see in the following image so far, 8+ Million TrutSwap tokens have been staked. The total supply of TrustSwap (SWAP) token is 100 Million.
Just within some hours of launch, I'm observing that the staked tokens' number is increasing at an alarming rate. When I first saw it i.e. 3 Hours before the number was around 3+ Million staked tokens and now its almost 3 times. This does give a strong message and an indication of where the project is going.
Plus the community interest ever since the launch of the token has been building upwards and the token price overall has given 1.5K% ROI as per the coinmarketcap statistic around the TrustSwap.
Did I invest Into iT...
Yes, I did and had done a post around it as well. You can refer to the post - TrustSwap An Emerging Defi Project, which I did like 24 days before.
I did book some profits and here is the current HOLDing of the TrustSwap token
Close to 1.1K tokens that are worth a $ 1K. I was expecting that once the product goes MainNet the price would further break its all-time high price. But that didn't go as per my plan and as of writing the token is up close to 5%
Are You Staking oR NOT...
The simple and straight forward answer is that I'm not Staking the tokens that I HODL. And I'm looking for the price to further surge a bit i.e. cross at least $1 mark and then I'll want to sell the remaining half of the tokens and invest in HIVE; FRANKLY :-)
Where do I get the details about the Project
Refer to my article where I did mention some high-level points as to what this TrustSwap project is all about.
And the best use case that I like about TrustSwap; which made me think and invest in the project was this unique USP of the TrustSwap project named as - "Time Released Payments". Explore their website to know more about it.
That's it folks on the TrustSwap launch and my investment with the project. Would love to hear your story in case you have invested in TrustSwap tokens and whats your stake on the MainNet launch and are you planning to stake your tokens?
The Punch LINE; right so here it goes...
Staking Always doesn't Mean Profits...
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I just HOLD some of the TrustSwap tokens & have been following the project closely that's iT...
Image Credits:: TrustSwap, Coinmarketcap