In what could be called a well-articulated move, Trinity signed up a pact with Contribute for the phenomenal token pairing project. This alliance is sure to have long term advantages for both partners as it raises the benchmark for Decentralized Finance (DeFi) protocol implementation on an elevated pedestal.
As informed by the company spokesperson at Trinity,
Talking of Contribute, an autonomous interest-generating DeFi protocol, is well known for mUSD Stable coins to create interest that can be claimed by coveted owners of TRIB.
The said partnership is also set to pave the way for immense benefits for the Proof of Liquidity Mechanism of Trinity. The Trinity’s primary objective behind this nuptial is the methodology adopted by Contribute to garner significant revenue by sheer trading quantum. It is no surprise that both market leaders flourish solely on the enormous trading volumes, and hence this collaboration boasts immense benefits for both TRI and TRIB. This unique token pairing combo is going to take the trading markets by throngs.
Talking of which brownies fall in the kitty of TRIB token holders, they would have an extra platform to trade in with more liquidity coming their way from the Proof-of-Liquidity protocol of Trinity. As extra brownies, this additional trading pool shall generate added possibilities among the TRI-TRIB pool, ETH-TRIB pool, and TRIB token contract.
This can result in expeditious burning of TRIB due to higher trading volumes in the TRIB token contract. No wonder it ultimately transfers the gains to the ever-shooting price of TRIB, which at present is $0.967. The combined TRI-TRIB pool shall generate added yield due to increasing trading quantum. This is not all!
An icing on the dual token combo awaits the users! They are set to enjoy more liquidity coupled with additional rewards by Trinity Liquidity Treasure. This comes over and above the standard 0.3% Uniswap fee advantage.
However, Contribute (TRIB) community needs to contribute their personal tokens for initial liquidity as this is an entire DeFi-support project, and the corporation holds no tokens. To exploit the PoL mechanism, TRIB also intends to go for purchasing ETH owned by TRI. The cynosure of this alliance is that Contribute is the ultimate beneficiary of this arrangement until Ethereum and mStable’s contracts are effective.
Coveted holders of these combo tokens are privileged beneficiaries of interest accruing on a long-term, rather life term basis, especially till trading continues through the contract.