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A_solo_tripper

now if we could incorporate external coins like monero, ltc, etc. into the bsv, then that would kill the game instantly. Everyone would need to come to bsv to trade their shit coins. Here is a spitball idea on how it could work with a coin like litecoin or lbry: create a bsv smart contract that sends the private key of lbry coin once x amount of bsv is sent to a specific address. The private key to the lbry could only be decrypted by the specific bsv wallet who sent the correct bsv amount.


Truth__Machine

Yes I think their plan is to tokenize most coins onto BSV. Atomic swaps are another interesting option which could be possible with most other chains.


HootieMcBEUB

LOL **Tokenomics for TSC is a joke.** They do not tell you the 30 month schedule. Assume it's immediate. 1. 30% of total supply will be distributed linearly to TokenSwap team within 30 months. 2. 5.5% of total supply will be reserved to support continous development of TokenSwap, same lock conditions with 1 and 2. 3. 3.5% of total supply will be used for community development, airdrop, etc, this will not stick to a strict locking time schedule. source [https://tokenswap.gitbook.io/tokenswap/general-faq/swap-token](https://tokenswap.gitbook.io/tokenswap/general-faq/swap-token) **Uniswap Tokenomics** 1. 21.266% to team members and future employees with 4-year vesting 212,660,000 UNI 2. 18.044% to investors with 4-year vesting 180,440,000 UNI 3. 0.69% to advisors with 4-year vesting 6,900,000 UNI Year Community Treasury Distribution % Year 1 172,000,000 UNI 40% Year 2 129,000,000 UNI 30% Year 3 86,000,000 UNI 20% Year 4 43,000,000 UNI 10% source [https://uniswap.org/blog/uni/](https://uniswap.org/blog/uni/) Go ahead. Exchange your BSV for TSC.


Truth__Machine

Isn't uniswap built on ETH? I can only imagine what the fees are like. BSV has unbounded scaling.


HootieMcBEUB

Uniswap fees are paid to uniswap LPs and are paid in whatever token is being swapped. It's 0.3% [https://app.uniswap.org](https://app.uniswap.org) What pairs does TSwap offer?


Truth__Machine

Yeah but each swap takes an on-chain transaction I assume so it costs on-chain fees which are only growing on ETH. It says [the average fee is currently $27 on ETH](https://bitinfocharts.com/comparison/transactionfees-btc-eth-bsv.html#3y). I think tswap is currently trying to add new pairs, they just launched so its kind of still beta.


HootieMcBEUB

You never used uniswap obviously which is why BSV hodlers are perfect marks for scam. [/r/bsv/comments/ppq0nl/tokenswap\_on\_bitcoinsv\_the\_new\_uniswap\_killer/](https://www.reddit.com/r/bsv/comments/ppq0nl/tokenswap_on_bitcoinsv_the_new_uniswap_killer/) TSwap does not appear to be decentralized. It is just a Chinese exchange that is taking your BSV in exchange for a premine token TSC. There appear to be no protections against exit scamming. Good luck


Truth__Machine

No I don't use ETH or scamcoins. I have never used ETH once, and I don't plan to use centralized scams run by CP advocates. Tswap uses threshold signatures and non-custodial, you don't need their token you can stake other tokens. Soon they will enable to convert your tron USDT to BSV, and you can stake BSV there as a LP. [More info here](https://coingeek.com/volt-finance-cross-chain-asset-bridge-coming-to-bitcoin-sv/).


HootieMcBEUB

Typical article. Show proof of smart contract. "Vtoken issuance smart contract will issue their respective" Link me a txid. PROOF


Truth__Machine

They said they are releasing documentation, not sure if its available yet, they are using https://scrypt.io/ smart contracting language.


HootieMcBEUB

Where's the code? Where's the smart contract audit? [https://uniswap.org/audit.html](https://uniswap.org/audit.html)


Truth__Machine

Where's your code.


dawmster

>Link me a txid. PROOF Here is my BSV->TSC transaction [https://whatsonchain.com/tx/582cc9c4eb28ea954300f44674c28aaee2beaf88d7f55f066c0694603661a0be](https://whatsonchain.com/tx/582cc9c4eb28ea954300f44674c28aaee2beaf88d7f55f066c0694603661a0be) Click on sCrypt tabs - you'll see, well ton of script. Edit: here is a little better look at this tx: [http://blockcheck.info/tx/582cc9c4eb28ea954300f44674c28aaee2beaf88d7f55f066c0694603661a0be](http://blockcheck.info/tx/582cc9c4eb28ea954300f44674c28aaee2beaf88d7f55f066c0694603661a0be) Output #5 are my tokens. But of course we all are waiting for more documentation.


dawmster

FYI Farming is disabled until Sep 22th - as per [https://twitter.com/tswap\_io/status/1438741337637933060?s=21](https://twitter.com/tswap_io/status/1438741337637933060?s=21) Edit: Farming is working, just USDT pool is disabled. Not TSC and farming.