Trustswap

$SWAP is the engine that powers the TrustSwap Ecosystem. It's a deflationary utility token designed primarily to handle fees on the TrustSwap platform. Users get a 50% discount on service fees when they opt to pay with $SWAP instead of ETH. From these fees, 10% gets burned, 10% is allocated to the developer fund, while a hefty 80% goes to the staking reward pool. The token's reach extends across various blockchains, including Ethereum, Binance Smart Chain, Polygon, and Avalanche.

Current and planned utilities of $SWAP include:

Discounts: 50% off on TrustSwap service fees when using $SWAP. Staking: Users can stake $SWAP in TrustSwap's Long-Term Staking Pool (LTSP) to earn rewards and elevate their Staking Score. TrustSwap VIP Access: Staking a minimum of 100,000 $SWAP for five years grants access to the "TrustSwap VIP Community Council". Shopping.io: $SWAP can be used for purchases on prominent platforms like Amazon, Walmart, and eBay. Farming: Staking $SWAP allows users to earn tokens from various launchpad projects. SyncBond: Users can use $SWAP to generate transferable NFT-based liquidity bonds. Connect Finance: $SWAP can also serve as collateral for Visa credit card purchases. In essence, $SWAP has been designed as a versatile utility token catering to a wide array of DeFi needs within the TrustSwap ecosystem.