Trusted Node Announces Nov. 9th FlashLaunch on TrustSwap

Trusted Node, a multi-blockchain validator governance network, has announced their collaboration with TrustSwap to aid in the FlashLaunch of their $TNODE token offering on November 9th, 2021 at 04:00 PM UTC.

Update - The Trusted Node FlashLaunch will launch on the Binance Smart Chain Network.

About Trusted Node

Trusted Node is creating a validator network for proof-of-stake and next-generation blockchains. It allows for professional stewardship of the network while providing yields to stakeholders who participate in the decision-making around nodes in the network infrastructure.

Open Access to PoS Network Rewards

Within PoS networks, validator nodes are essential to the health of a network. However, each network has different requirements for hardware, technical knowledge, and capital investment which are locked into the node. The up-front investment in physical hardware and continued maintenance is costly. That means the rewards that come with operating a validator node aren’t accessible to most participants in the DeFi and crypto community.

Many nodes are built by operators who provide validation as a professional service or infrastructural services for the chain, in many cases for high commissions. Other nodes are run by early backers who invested in the team that created the protocol. The rewards may end up being concentrated in a few silos in the network.

Trusted Node opens access to these rewards for everyone. They accomplish this by running tokenized validator nodes on the most important emerging blockchains so that end users don’t have to keep track of the logistics and technical details of operating a validator. Trusted Node is a hassle-free way to participate in PoS staking while making these major networks more secure.

Turning Idle Tokens into Yield-Generating Assets

Automated staking protocols delegate coins put forward by Trusted Node users to the validator nodes of their choice and then distribute the blockchains’ native tokens back to them as rewards.

Trusted Node’s Staking Portal removes the technical complexity of interacting with proof-of-stake mechanisms by presenting a user-friendly interface and a frictionless experience. By delegating your tokens and becoming part of the process of validating transactions, you are contributing to the progress of these next-generation networks by making them more secure.

Trusted Node Staking Portal Is Live

The Staking Portal was released on October 15. As of now, supported blockchains include Terra, Cosmos, Sentinel, Regen, Atom, Persistence, and Iris. Many other prominent blockchains are on the roadmap for further integration.

Liquid Staking and “Yield Stacking”

Providing liquidity to proof-of-stake projects often involves locking assets into the protocol for lengthy periods of time. While this does generate yield, assets cannot be freed to create higher returns if new opportunities arise which limits options.

Liquid staking adds flexibility to that arrangement allowing mobilization of staked assets. This is accomplished by tokenizing the stakes to generate collateral which can then be diverted to Automated Market Making (AMM) liquidity pools like those on Uniswap and SushiSwap or other ventures for new yield-generating strategies.

When users help secure networks through Trusted Node, they can also access liquidity pools and earn additional yield while their base capital remains safe and secure. This access to liquidity pools is called “Yield Stacking” and is a bonus on top of the reward for helping secure a blockchain.

Token Utilities

Gateway

The TNODE Token is a bridge between trusted validator nodes and the DeFi world. Each TNODE token is an access right to be part of the global network of nodes.

Staking

By staking TNODE, token holders are entitled to validator staking rewards in native tokens from PoS blockchains. There will be additional vaults for people to stake tokens and earn rewards in TNODE.

Bonuses

Users holding $TNODE tokens can boost their validator staking rewards by locking up $TNODE tokens in a vault for a set amount of time to receive a proportionate share of the daily rewards allocated to the vault.

DAO Governance

$TNODE bestows the right to participate in the governance for the Trusted Node decentralized autonomous organization (DAO). Holders of the TNODE token will have the ability to submit proposals and vote on aspects of T-Node’s governance. Users can vote to launch new validator nodes for networks they believe in as well as resources allocation decisions for the proof-of-stake networks. $TNODE will also provide voting rights to streamline the governance of these PoS networks within the Trusted Node platform.

Roadmap

Trusted Node will include five segments working in tandem within the Staking Portal:

1. Vaults: Users can provide liquidity to Trusted Node’s Vaults to earn a share of transaction fees or $TNODE tokens as incentives.
2. Liquid Staking: Away to stake native assets and earn PoS yields while maintaining liquidity. These PoS rewards can be claimed as native, liquid, or $TNODE tokens.
3. Bridges: These will enable users to move from chain to chain and achieve interoperability, all presented with a smooth user experience. More broadly, this is important for mass adoption of Trusted Node’s platform as we include validator nodes on more networks as part of our ecosystem.
4. Multichain Governance: $TNODE holders can vote on matters related to the Trusted Node DAO. That voting power goes even further because it can guide the votes of individual validators as they shape the direction of their respective blockchains.
5. DAO Escrow: Users can lock $TNODE tokens in exchange for a yield multiplier in the Liquidity Vaults, daily protocol fee payouts, discounted fees in the Staking Portal, and voting power in the Multichain Governance Portal.

Unlock the earning potential of your assets. Put them to work through Trusted Node for optimized liquidity, compounded returns, and to be part of the platform’s DAO!

Trusted Node Team

The Trusted Node team has an aggregate of 30+ years of experience in crypto industry-leading product management, development, and marketing with leading companies, including bitcoin.com, crypto.com, Nest, Horizon, AAX, and Amadeus.

Learn More about Trusted Node:

Website: https://trustednode.io

Twitter: https://twitter.com/trustednode

Telegram: https://t.me/trustednode_io

Discord: https://discord.gg/pbCjSTCQ9W

Medium: https://trustednode.medium.com/

FlashLaunch Details

Tokenomics

Participation and Allocation

• Each FlashLaunch will have a set individual allocation of exactly $200 per person. There will also be five $500 allocations reserved for holders of a Trusted Node Golden Ticket.
• Anyone who registers during the 24-hour FlashLaunch window will be eligible for an entry to receive an allocation as long as they have either 4000+ SWAP  actively staked or a SwapScore of at least 2500 when the FlashLaunch starts.
• Applicants can apply to the FlashLaunch during the 24 hours between 4PM UTC on the launch day and 4PM UTC the following day at https://dashboard.trustswap.com/app/launchpads.
• Once all applications are registered, a specific number of entries will be assigned to each participant based on their SwapScore or Staked $SWAP, whichever is higher (see table below). The snapshot for the ticket allocation will be taken at 4PM UTC on November 9th, 2021. SWAP must be actively staking at that time to be counted as staked.
• There will be a random drawing for the $200 allocations. The more entries you have, the higher your chance of being selected (see table below).
• Each person can only win once per FlashLaunch. KYC verification is required and jurisdictional restrictions apply.

Golden Tickets

• Five “Trusted Node Golden Ticket” NFTs have been minted by TrustSwap which will each unlock access to a guaranteed $500 allocation for this specific FlashLaunch (pending KYC verification).

*Note: Golden Tickets are not redeemable for tokens. They allow the holder to bypass the random drawing and participate in the token offering.

• These NFT’s will be initially sold by TrustSwap in an auction that will run until November 8th, 2021 at 4PM UTC (24 hours prior to launch).
• The top 5 highest bids at that time will win the NFT’s. There is no minimum bid.
• The Trusted Node Golden Ticket NFT’s can be traded and resold on any NFT marketplace and may have additional utilities in the future.
• Whoever holds the NFTs at the “snapshot” time when the launch begins (4 PM UTC on November 9th, 2021) will bypass the random drawing process and be whitelisted for a $500 allocation (pending KYC).
• Only one Golden Ticket can be used per individual but those who win the drawing can also use a Trusted Node Golden Ticket to receive an additional $500 allocation for a maximum of $700 total allocation possible per individual.
• 10% of the proceeds from Golden Ticket sales will go to the Eden Reforestation Project, a non-profit focused on planting trees and saving lives.

To bid on the Trusted Node Golden Ticket NFTs, click here.

Secure Launch Process

To ensure a smooth launch, the Trusted Node team has agreed to:

1. Have their domain fully SSL certified one week prior to token sale date.
2. Have their domain protected by Cloudflare and share proof with TrustSwap one week prior to the token sale date.
3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
4. Add no less than $150,000 of ETH liquidity on Uniswap immediately upon listing.
5. Distribute tokens to launchpad participants within one hour of DEX listing.
6. Lock liquidity within 3 hours of listing for no less than 60 days.
7. Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
8. Lock 75% or more of team & dev fund tokens for a minimum of thirty days within 6 hours of funding initial DEX liquidity.
9. Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the DEX launch.

Step-by-Step Guide

1. At any time between 4PM UTC on November 9th and 4PM UTC on November 10th (24 hrs), go to https://dashboard.trustswap.com/app/launchpads and click the button to apply and fill out the form.
2. Applicants will be given a number of entries into a random drawing relative to their staked SWAP/SwapScore (see above chart for details).
3. Winners of the draw will be contacted via TrustSwap’s Dashboard Messaging System within 24 hrs to provide their KYC documents. Once the message arrives, you will have 18 hours to provide your KYC details.
4. Approved participants will be contacted again via TrustSwap’s Dashboard Messaging System with payment instructions.
5. 5 allocations will be reserved for Trusted Node Golden Ticket Holders.
6. An additional 50 people selected in the drawing will be on ‘stand-by’ and will have the first option to participate if there are any unsold tokens after the initial rounds are complete including any unused Golden Tickets.

Who Can Participate?

Individuals with Citizenship and/or Residency status in the United States, China, or any UN-sanctioned countries are not eligible to participate in the Trusted Node FlashLaunch.

DISCLAIMER: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or an offer for investment by TrustSwap. Trusted Node is using the TrustSwap Launchpad as a customer with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.