TrustSwap is a decentralised finance (DeFi) platform offering a variety of tools and services such as token creation, staking, escrow, and launchpad solutions, with the aim to accelerate the transition to Web3.
TrustSwap operates as a DeFi platform that employs blockchain technology to offer services like token creation, staking, escrow, and launchpad solutions. It runs on the Ethereum blockchain and supports additional chains, including Binance Smart Chain and Avalanche, using a Proof of Stake (PoS) consensus mechanism and smart contracts primarily built with Solidity for Ethereum-based transactions.
TrustSwap provides several use cases across various sectors: it facilitates token creation and management, offers staking and reward systems, provides secure escrow services for token swaps, and supports new blockchain projects through its Launchpad. In addition to these, it offers NFT trading and creation, crypto portfolio tracking, and news feed services.
TrustSwap was founded by Jeff Kirdeikis in June 2020, initially centred on providing a trustless escrow service known as SmartSwaps. Over time, TrustSwap expanded its offerings significantly by launching the SWAP token, creating the TrustSwap Launchpad, acquiring Team Finance, and integrating its services. This progression has allowed TrustSwap to evolve into a comprehensive DeFi platform with widespread recognition in smart contract services.