Trellis Tokenomics Updates

Trellis
2 min readFeb 8, 2023

Dear Trellis Community,
We are writing to you today to share some important updates about Trellis and its tokenomics design. Over the past few months, we have been closely monitoring the market and have been working to make changes to our tokenomics design and token price to prevent a massive sell off during the token generation event (TGE).

First, we would like to highlight the benefits of the tokenomics redesign for our community. Our goal is to ensure that the value of the Trellis token remains stable and provides long-term benefits to our holders. The new tokenomics design will include a lock-up period for a portion of the tokens to be released gradually over time, rather than all at once. This will help prevent a sudden increase in supply and stabilize the token price.
In addition, we will be implementing a token burn mechanism to further control the supply of Trellis tokens. The burned tokens will be removed from the total supply, reducing the overall supply and helping to maintain the value of the token over time.

We believe that these changes will benefit both current and future Trellis token investors, as they will ensure a more stable and sustainable token price, which will in turn attract more users and partners to the Trellis platform.

We are also proud to announce our future plans for Trellis token holders. Our team is committed to continuously improving the Trellis platform and adding new features and services that will benefit our community. In the near future, we plan to launch a staking program that will allow token holders to earn rewards for holding and supporting the network. This will provide an additional stream of passive income for Trellis token holders.

Furthermore, we will be exploring partnerships with other leading DeFi protocols and platforms to provide Trellis token holders with access to a wider range of services and opportunities. We believe that these partnerships will not only benefit our token holders, but will also help drive the growth of the overall DeFi ecosystem.

In conclusion, we are confident that these changes to the Trellis tokenomics design and future plans for Trellis token holders will provide long-term benefits to our community. We appreciate your continued support and look forward to building a brighter future for DeFi together.

Best regards, The Trellis Team.

Website | Telegram | Twitter | Discord | Whitepaper | Docs

--

--

Trellis

Trellis is an open-source multi-chain automated market maker (AMM) protocol for token swaps on Aptos and Sui networks. Trade anonymously. No registration. No si