Introducing T-Starter, bringing cross-chain token pools to Telos
The latest blockchain boom has is coupled with the explosion in DeFi (Decentralised Finance). Platforms like Unuswap and Curve.fi have witnessed daily volumes grow to over $1 billion over the past year, surpassing many of the largest centralised exchange.
This surge in utilisation is coupled with surging gas prices and transaction backlogs in excess of 100 000 transactions on the Ethereum blockchain. As a result participation in DeFi has become frustrating and unaffordable for most users.
The Telos Blockchain (https://telos.net) is able to support millions of transactions per day with (https://blocktivity.info) sub-second latency at fractions of a penny. This makes it the perfect candidate to drive the adoption of DeFi by an even larger audience.
T-Starter combines cross-chain bridges and a fixed-pool swap platform to allow projects to raise funds more cost effectively than is possible on the Ethereum blockchain. The platform solves the problem of high gas fees which makes small value transactions unaffordable and excludes many users from participating in swap pools. The result will be wider participation and a far more cost effective token sale.
Details of a seed round token sale and full roadmap will be announced soon. Please join us on Telegram for more detains on this project.