TrustSwap DeFi Protocol Aims to Clean up the Crypto Space

[waybesuricata]

Decentralized finance protocol TrustSwap is looking to clean up the crypto space by providing a service that allows the minting of pre-audited tokens in a safe environment.

TrustSwap opens its pitch by labeling the crypto industry as the ‘Wild West,’ specifically referencing Uniswap and its open listing nature. There are so many potential hazards associated with the decentralized exchange such as rug pulls, flawed smart contract code, liquidity leeching, and various other scams.

The protocol was spawned in June 2020 with the concept of introducing smart contract-based trustless escrow for institutions and investors. It also included trustless team-token lockups to prevent dumping on the market.


Source and continuation of the article: https://beincrypto.com/trustswap-defi-protocol-clean-crypto-space/