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Trxd Finance

Total Users
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Rewards
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chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
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Category
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Blockchain
TRON
Language
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What is Trxd Finance?

Trxd Finance — a subsidiary finance protocol, built on top of Tron with a community support fund and DeFi service network at the top. The protocol aims to maximize Defi's efficiency and earning potential. The main key aspects are growth, sustainability and profitability.

Contents:

Trxd Finance dapp

Description of the Trxd Finance

You can participate in the trxd.finance protocol by contributing TRX to the Community Pool to mine your own TDF token. These tokens can be used for many functions of the protocol. Or, get rewarded during each airdrop round by placing bets (freeze tokens).

Some features:

Firstly The community pool reallocates funds and generated profit in the form of an airdrop to token holders who are betting on the protocol.
Secondly 100% of TDF tokens are mined by users. There is no pre-mining here, nor any reserves of tokens for the team.
Thirdly Token usage includes access to the reserve system, system functions, public draws (lotteries), foreign trade, cross-platform token mining and more.

Strong tokenomics include buybacks, a token burn mechanism, betting, circulating supply reduction, built-in price levels and other features that all add value to the token and bring benefits to holders.

General fund distribution:

  • 70% to token holders (Community Share Pool);
  • 10% to the team;
  • 15% on community growth and other events;
  • 4% protection of the backup system;
  • 1% to holders of lottery prize fund tokens.

The reserve pool creates an internal safety net, stimulates buybacks and burns, the cost of tokens for the price floor and acts as an internal exchange of tokens. The user can access the reserve pool in order to complete the transaction to exchange TDF tokens to TRX. This buyback exchange is driven by a smart contract with its dynamic pricing structure. The ransom is connected to a burning mechanism, in which part of the TDF tokens, exchanged by token holders, will be burned. The remaining TDF is credited to the backup system. Future airdrops from these TDF tokens will contribute to funding the reserve pool directly.

What is a reserve?

The reserve pool consists of several sources. First of all, these are direct deductions from deposits and any deductions to the reserve. Then comes the internal generation, including TDF tokens, held by the backup system itself.

The burning mechanism constantly removes tokens from circulation and increases the share of falling dividends for all remaining tokens and holders.Trxd Finance

Reducing the supply will naturally increase the value of tokens. The internal reserve pool allows for a simple cash-out option that is reliable and readily available.

Additional information

The site has a WhitePaper with which you can study the features of the project in more detail. The community maintains a twitter and telegram channel from social networks. Subscribe to stay up to date with all updates. Smart contract audit is not provided.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.