Team.Finance (powered by TrustSwap) — a set of security tools for founders who want to create a token and raise money from the investor community. Developers make their lives 100 times easier by giving them access to the tools they need to launch and scale the successful company that the token is part of.
Description of Team.Finance (powered by TrustSwap)
Team Finance was launched in September 2020 and is part of Trustswap. Other Trustswap verticals include The Crypto App, Swappable and the Trustswap launcher.
If the token you are locking is a reward token, reflection or tax, be sure to use a specific Team Finance reward token contract. It is designed specifically for such tokens, which allows the owner of the lock to receive all the reward tokens, accumulated to that lock address.
Some features:
1. | While the project has their LP tokens in liquidity lockup, they cannot access the trading fee income they receive in their liquidity pool. This can lead to a limitation on working capital. |
2. | To solve this problem, Team Finance created NFT liquidity bonds for the first time. This allows the project to create an NFT (asset) from their liquidity lock. Converting this castle to NFT allows you to buy and sell it on marketplaces such as Opensea, Swappable and LooksRare. |
By selling the NFT, the project transfers ownership of the LP tokens inside the liquidity lock to another owner. The new owner can redeem this NFT in Team Finance to receive LP tokens from the liquidity lock when that lock expires.
This allows the project to generate revenue without waiting for the lock period to expire, while ensuring the safety of its community and investors by ensuring that the new owner cannot withdraw LP tokens before the token lock period expires.
Transfer of tokens
The Team Finance token transfer allows founders to automate the distribution of tokens for their employees, advisors and investors. Founders use the Token Vesting tool for both token distribution and payroll. Schedules can be created in minutes, eliminating the need for multi-sender tools to manually send payments every other week.
Founders can upload a file of their choice (CSV, Excel or Google Sheet) and deploy the vesting agreement, according to any vesting frequency or schedule they have agreed with their investors.
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