The Release Of TOP-USDT LP Mining And Future Plans
TOP, the high-performance public blockchain platform for real-world Apps, officially launch the TOP-USDT LP mining. As the TOP token is now available on both BSC and HECO, adding LP in MDEX will provide more depth for trading. Moreover, due to the high APY of initial mining, this mining initiative is yet another milestone for the TOP Chain.
TOP’s Recent Major Events
The TOP Network has implemented several significant updates and launches since the beginning of 2021. Currently, the mapping to the mainnet token has officially begun. Moreover, the TOP Network has also officially launched the mapping on July 24, 2021, to help the development of Web 3.0. The launch of the TOP mainnet mapping does not merely mean that TOP will officially enter the era of mainnet token but also means that TOP has successfully entered the next stage of its development. This will also lay a strong foundation for application migration and ecological expansion in the future.
Moreover, TOP Network is the first blockchain platform that has been completely designed for Web 3.0 since its inception. The platform realized that in order to meet the goals of Web 3.0, it should have full-state sharding and apply double-layer dot matrix, double-layer sharding, parallel PBFT, and other technologies based on DAG data structure, with a single chain processing capacity of over 100,000 TPS.
The TOP Network has also joined with Filet to launch the stake TOP mining FIL product. Now users can easily stake TOP tokens to earn FIL tokens and earn over 30% in annual return in Filet.
Yet another milestone achieved by TOP recently is the integration of the BitVPN on the chain. The integration of BitVPN, the decentralized VPN service on the blockchain, brings a large number of users and transactions to the chain. It will also bring in real business onto the TOP chain by ensuring efficiency and timeliness.
TOP’s Future Development Plan
The ecological applications on the TOP Chain are continuously expanding. It currently includes distributed storage, blockchain games, etc. The platform is also making constant efforts in stablecoin, DeFi, GameFi, NFT, and other fields.
One of the key elements for the ecosystem of a public blockchain is stablecoin. One of the major goals for the TOP Chain is to implement cross-chain bridges between TOP and Ethereum, BSC, and HECO. This would be strictly pegged to corresponding stablecoins on Ethereum, BSC, and Heco in a completely decentralized manner.
Moreover, TOP will eventually work with third-party developers to deploy Ethereum DeFi apps without modifying code and by just implementing EVM compatibility. It also has plans to launch a native version of the DEX at the end of Q2. Apart from that, LuckTogether and Filet would also run on TOP mainnet this year. Further, Filet will also allow TOP token holders to mine FIL by staking TOP into Filet.
GameFi is yet another element that TOP aims to bring into its ecosystem in the future. The platform has been investing in games for over two years. The team behind TOP believes that a big hit game will come to the TOP Network in 2022. The team is also working hard with a partner to bring a tokenized game item trading platform to TOP Network.
A Final word
TOP Chain has successfully achieved several milestones in 2021 and has more plans and developments to implement in the future. All the initiatives, including the recent release of the TOP-USDT LP mining, have been a step ahead for the improvement and ecological development of the TOP Chain.