Trisolaris is a decentralized exchange that is based on the Aurora engine of the Near blockchain. The system can provide us with low-commission and high-speed trading experience compared with Ethereum or Ethereum L2 solutions.
The platform was released in October 2021. We don’t know the developers behind it.
Let’s talk about what we’ve got from this service if we’d like to use it.
- The platform provided us with staking possibilities.
- So, our tokens will work to make even more tokens as rewards.
- We have a staking APR of 73, 87%.
- The owner is going to share 0.05% with liquidity providers.
- Then, they are shared proportionally within providers.
- There’s a Trisolaris native ecosystem token called TRI.
- The amount of supply is 500,000,000.
- It will be emissary within 36 months.
- 70% of them will be owned by the community.
- 15% of them will be a part of treasure that goes to future strategic partnership, investors, etc.
- 15% of them belong to the developers team.
- There are pools that can be used for the next tokens ETH, USDT, USDC, WBTC, wNEAR.
- TRI holders can vote for changes and proposals within the government.
- The current price of TRI is $0.52.
- The supply is 35,299,449 coins.
- The current market cap is $18,446,068.
- We can enjoy liquidity mining that has been going on since November 16, 2021.
- There are various NEAR pools available: wNEAR-AVAX, wNEAR-MATIC, and wNEAR-BNB.
- The Near blockchain provides us with high execution speed and much lower commissions than in Ethereum.
- We can swap ERC20 tokens and bring them into mining.
- When we stake TRI, you receive xTRI.
- When we are unstable we will receive the originally deposited TRI and additional TRI earned from fees.
- Total TRI Staked has amounted to 6,823,961.
- The farm TVL is $310,951,005.
- Dual Rewards Pools:
- TRI-AURORA, Total staked $3,458,359. 103% TRI + 11% AURORA.
- AURORA-ETH, Total staked, $3,294,677. 24% TRI + 12% AURORA.
- atLUNA-WNEAR, Total staked $2,954,667. APR 27% TRI + 10% atLUNA.
- atUST-WNEAR, Total staked, $3,275,056. APR 24% TRI + 9% atLUNA.
- FLX-WNEAR, Total staked $1,025,076, APR 77% TRI + 84% FLX.
- stNEAR-xTRI, Total staked $1,758,022, APR 90% TRI + 4% META.
- stNEAR-WNEAR, Total staked $3,672,227. APR, 22% TRI + 2% META.
- TRI pools:
- TRI-WNEAR, Total staked $13,915,242. APR 130%.
- TRI-USDT, Total staked $5,869,288, APR 142%.
- WNEAR-ETH, Total staked $37,934,862, APR 24%.
- USDC-WNEAR, Total staked $34,432,834, APR 26%.
- USDT-WNEAR, Total staked $27,794,850, APR 33%.
- USDC-USDT, Total staked $117,854,428, APR 7%.
- WBTC-WNEAR, Total staked $44,762,794, APR 20%.
- AVAX-WNEAR, Total staked $2,268,407, APR 35%.
- BNB-WNEAR, Total staked $2,802,311, APR 28%.
- MATIC-WNEAR, Total staked $2,727,625, APR 29%.
- MECHA-WNEAR, Total staked $617,827, APR 635%.
- SOLACE-WNEAR, Total staked $336,633, APR 585%.
- XNL-AURORA, Total staked $89,266, APR 221%.
- XNL-WNEAR, Total staked $58,700, APR 336%.
- GBA-USDT, Total staked $39,770, APR 238%.
Pros & cons
- Swapping is allowed
- We can stake coins
- We can participate in two-coin pools
- No risks mentioned
- No people’s testimonials written
Key features of Trisolaris?
- The system allows us to swap tokens.
- We can purchase their native tokens.
- We are allowed to swap, stake, and deposit them.
What wallets does it support?
We can work with the following wallets: MetaMask, Coinbase Wallet, and Wallet Connect.
How does Trisolaris work?
The platform works on the Near blockchain.
What can you buy with Trisolaris?
We can purchase their TRI native token.
Are there any risks with Trisolaris?
The risks are common for a decentralized exchange.
There are 0.05% fees for swapping.
We should verify our account by making the first deposit. It’s possible to do it in two ways. The first one is depositing by a credit card (via Moonpay) or by executing a manual deposit from CEXs.
Should you buy it?
It’s up to you. You may buy TRI tokens to stake them or bring them into liquidity pools.
Final word for Trisolaris
Platform provides high execution speed and low commissions for everyone who wants to work with it. There’s a TRI native token that allows us to be involved in government decisions, stak and deposit it for profits.