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RE: Project W - Introduction of the Token Economy of Project W

in #projectw4 years ago (edited)

This concept of wrapped Steem makes perfect sense. Many tokens wish to be traded on Ethereum blockchain and on Uniswap, but only after being tokenized as ERC20 Tokens. Tron blockchain doesn’t allow ERC20 Tokens to be traded on JUST or JUSTSWAP, only Tron the blockchain Token, JUST, SUN, USDT, USDJ and other TRC20 and TRC10 Tokens. So we need to wrap or tokenize Steem, which means creating a TRC20 token backed by Steem, and held by a custodian. This is a great pathway for Steemians into JustSwap and hopefully it could increase attention on Steem and increase its price, if the Liquidity Pool see’s sufficient Liquidity and Trading volume to generate some Buzz.

Great News and Great Work!

Thanks,
@shortsegments