We are ecstatic to announce the listing of Team.Finance on DeFiLlama. Here’s more on this recent development, what DeFi Llama is, and the significance of listing on it.
What Is DeFi Llama?
DeFi Llama is a DeFi TVL aggregator. TVL stands for Total Value Locked (in U.S. dollar amounts), and an aggregator is just a website that collects related information. Thus, DeFi Llama gathers information about the Total Value Locked in different DeFi platforms and displays that information on its site.
DeFi Llama provides a dashboard that lists the TVL of cryptocurrency (in USD amounts) on hundreds of different DeFi platforms including on many of the industry’s most popular and well-known blockchains.
Why Is It Significant That We Listed On DeFi Llama?
The Team.Finance listing on DeFi Llama is significant because DeFi Llama has become a popular place for DeFi enthusiasts to get information about the total value locked in their favorite DeFi projects and platforms.
A listing on DeFi Llama gives more visibility to Team.Finance which translates to more eyes on our projects and potentially more projects deciding to lock liquidity and tokens with Team.Finance.
Another reason that listing on DeFi Llama is significant is that it allows us to be more transparent about Team.Finance, its TVL, and other important information about the project. Transparency is key to building trust with DeFi projects that currently lock tokens with Team.Finance and projects that may potentially lock tokens with us in the future.
Important Note – our listing only reflects our LP tokens locked rather than all of the tokens, making our dollar amount appear smaller and impacting our ranking on the site.
You can see the Team.Finance listing on DeFi Lama here.
About DeFi Llama
DeFi Llama lists DeFi projects based on categories like CDP, Lending, Liquid Staking, Dexes, Yield, Services, Derivatives, and Algo-Stables to signify the particular segment of the DeFi space that each project operates in. They also list a one-day change, seven-day change, and one-month change in the Total Value Locked by the percentage increase or decrease.
Finally, they list the TVL and Mcap/TVL for each DeFi project. DeFi projects listed on DeFi Llama are then ranked according to their total value locked.
About Team.Finance
Team. Finance is a DeFi tool that provides liquidity locking and team vesting services for token founders and the crypto community. The product was launched by TrustSwap a year ago and the dollar value locked has grown significantly since the launch.
Team.Finance provides investors with assurance that DeFi project teams will not dump their tokens on the market. It also prevents rug pulls by keeping tokens locked for a set period.
