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TramsToken (TRAMS): A Rising Star of the Fast Moving DeFi Space

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When discussing Defi, Uniswap, undoubtedly, tops most conversations. Currently having the highest total value locked (TVL), Uniswap’s staying power should also deserve recognition. In a recent overthrow attempt by the Japanese themed fork, the team took back control with a counteroffer, UNI tokens. Many other related forks thereafter faced a similar crash and burn storyline.

Through careful observation and analysis, most of the forks’ failures stem from simply forking the incentivized liquidity mining mechanism without underlying utility for the tokens they offer. Additionally, most of the forks failed to harness the ingenuity of the underlying concept. As all successful enterprises take time to solidly grow, it has taken Uniswap since November 2, 2018, over 2 years, to achieve their much-deserved success.

Amidst the vampiric forks, there rises a promising protocol that attempts to propel the Defi space by utilizing the underlying ingenuity of Uniswap, an on-ramp for global liquidity access. As competition fosters innovation, this much needed decentralized exchange alternative focuses on a complete Defi banking ecosystem with its token as the core utility mechanism.

This rising star: Trams DEX, focuses on cultivating Defi users and participants with much more than community engagements. The protocol directly engages in Defi project developments with their most recent includes the L.A.B.S. group and Huntrecht Pty Ltd, the renowned Hong Kong real estate investment trust through Defi partnership and a $100 million SME funding solution initiative, respectively.

Unlike most Uniswap forks, Trams DEX’s token, “TRAMS”, has risen from a modest start, where most begins high then crashes. Its founder and CEO, William Tien, and managing team, with strong community support, withstood the price scalping opportunists plaguing the cryptocurrency space. Although menacing and detrimental to positive growth, the Trams team and their loyal community proved resilient and TRAMS prices have rebounded, currently appreciating steadily as the Trams project and community grows.

The steady growth recovery in price could be credited to a combination of factors; the Trams community’s determination for the protocol’s success and the underlying mechanisms employed.

As a traditional banking alternative, TramsToken (TRAMS) was designed to facilitate services and transactions between three core structures within the Trams Defi Banking protocol:

  • Phase 1: constant liquidity access using swaps (Trams DEX)
  • Phase 2: non-discriminative borrowing and lending (Trams Finance)
  • Phase 3: direct asset commercialization using NFTs (Trams Assets)

Additional price appreciation instrument includes a deflationary mechanism design with a limited total supply factor of ~20,000,000 tokens. A lesson reigned supreme by Bitcoin.
Aside from the fundamentals, the Trams protocol also has an engaging community and leading media attractions. From great community managers liaising between thousands of Tram’s community members to impactful media partners across the globe like the US-based Coingenius and the Japan team coordination with Coinbase Japan and Yahoo Finance.

With constant innovative product rollouts to complete the Defi banking initiative, this rising star holds much promise for providing decentralized finance alternative banking solutions to those who are underserved by the traditional banking industry, and provide much-needed value and utility for TramsToken (TRAMS). With much growth ahead, the current price appreciation signals great community sentiments of great things to come.

Stay tuned for the updated Trams DEX interface going live soon and much more through Trams media channels.

Source: Trams.io

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TRAMS DEX Propels Global Adoption of DeFi with Automated Market Maker (AMM) protocol

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TRAMS DEX Propels Global Adoption of Defi with Automated Market Maker (AMM) protocol, as Industry Leader VIP Guests, Global Participants, and Management Team concludes Webinar Session Marking a Successful First-Phase Launch.

 

VIP Speakers Unanimously Acknowledge Perfect Market Timing of TRAMS DEX in Decentralized Finance Industry, High Industry Growth Factors, Following 2 Hour-Long Launch Session.

The TRAMS DEX founder and senior management team today concluded a high-impact webinar session as an official launch of its Automated Liquidity Provider protocol, the first of three phases for TRAMS’ Decentralized Finance Business. Industry leader VIP guests and participating members pledge support for open finance and Defi for creating more access to financial products at much lower costs to anyone on demand.

The launch took place in District Singapore, Republic Plaza 9 Raffles Place with a Zoom Webinar hosting a global Defi community and TRAMS DEX protocol members/users community. The discerning VIP panels and participants from ranging continents stencil the much-needed change in the financial sector especially in traditional banking plagued with corruption and scandals where only a small closed and selected groups are the main beneficiaries.

The webinar introduces the protocol with its open finance principles and guides participants into the operations with these key points: TRAMS DEX is one of three key operations from the TRAMS ecosystem with the main operating principle of Decentralized Finance (Defi). TRAMS DEX is an Automated Liquidity Provider that enables better and faster user interactions with digital assets. With the innovation of the Automated Market Maker (AMM) solution, traders can easily exchange digital assets at any time with guaranteed market supplies from the liquidity pool without giving up the custody of their digital assets. As a decentralized exchange, TRAMS DEX is able to create open access opportunities for participation without discrimination and any controlling institution barrier.

At TRAMS.io, anyone with an Internet connection and a Web 3.0 wallet can gain access to liquidity where otherwise would be ineligible through traditional finance or banking. TRAMS DEX operates a Decentralized Exchange that offers three (3) impactful functions with a minimal user interface designed for clear navigation.

The first function, global liquidity access or buyable, sellable, or tradable market access. Users of the protocol can easily gain access to “constant” liquidity with a simple crypto assets swap function at a minimal cost of 0.3% transaction fee. Direct wallet connections are automated as well with a few simple clicks. All transactions are secured with blockchain encryptions and conducted on-chain with transaction data records automatically recorded for open access viewing on Ether can in real-time.

The second function, make money from idle assets. TRAMS DEX creates a money-making model for liquidity providers (LPs) on the platform. By supplying idle crypto assets to any pools listed on the protocol, the LP earns a profit share generated from the swapping fees on TRAMS DEX. The liquidity provider profit sharing is proportional to contribution. Profits are calculated at least once every twenty-four hours (24 hrs). True to open finance principles and Defi, participating LPs can withdraw their contribution at any time without any fee or penalty.

Thirdly, earn a high passive income. The TRAMS DEX incentive model lets participants earn high passive income in the form of yields, calculated in APY% (annual percentage yield), simply by staking (or depositing) its native token (TRAMS) on the platform. This encourages participants to remain active on the platform and better maintains constant liquidity reserve. This translates to double benefits for participating LPs, more profits are added on-top of the profit-sharing earning from staking LP tokens on TRAMS DEX.

TRAMS DEX is accessible constantly 24/7 to anyone globally. All associated costs of operations are kept very low and precise by utilizing automated smart contracts and AMM trading algorithms for trade executions and operations. Compared to traditional financial institutions and banks, TRAMS DEX provides better, cheaper, more accurate services.

Bryan Feinberg of Plato Data Intelligence, the Founder/CEO of Etheralabs, commented from New York City via Zoom video call with the support of blockchain as the fundamental architecture of TRAMS DEX and Defi space which offers high data security and transaction transparency for users. As a member of the Blockchain Venture Advisory, he believes Decentralized Finance such as TRAMS DEX has a high adoption rate and direct use case for blockchain applications.

Mamadou Toure, Forbes 10 Most Influential person in Africa and President/CEO of Ubuntu Capital Group, tributes TRAMS DEX for providing access channel to liquidity where traditional banking and capital access are limited to non-existent. He further acknowledged the opportunities TRAMS DEX would create for users world-wide to easily finance business initiatives.

Victor Kong, CEO of VK Capital Digital Funds Pte Ltd endorses William Tien, TRAMS DEX’ Founder/CEO, for his vision and ambition in creating a Decentralized Ecosystem starting with TRAMS DEX following by TRAMS Finance and TRAMS Assets, for phase 2 & 3, respectively, as an alternative to private equity funds for real estates and infrastructure projects with a portfolio size of 1-10 million USD. TRAMS DEX removes the high barrier to entry by drastically reducing mandatory due diligence costs of raising capital, which remains the same as a 50 million USD project. He also credits the intention of listing the ecosystem, TRAMS DEX included, on the London Stock Exchange via reverse IPO within 3-6 months.

 

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