Announcement on the Progressive Development of the TRIAS Ecosystem

Trias
6 min readOct 10, 2024

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Dear Trias Community,

We are excited to share significant updates across the Trias ecosystem, including developments related to the main network, tradability, overall development, and ecosystem projects like Triathon and Ethanim. These updates aim to further empower our community, improving liquidity, and enhancing our cross-chain capabilities.

Here’s a detailed overview of the latest developments:

Trias Updates:

1. Cross-Chain Bridge Functionality

By the end of October, a cross-chain bridge* will be operational, enabling TRIAS (TEP20) token holders who participated in the PHASE 1 migration to seamlessly transfer their tokens between Polygon and Binance Smart Chain (BSC). This bridge will maintain a 1:1 ratio, allowing users to flexibly move their tokens between these networks and the TEP mainnet. This enhanced interoperability will boost flexibility and liquidity for TRIAS token holders.

*: Please note that users who have not previously interacted with the TEP network will need to follow the phased migration process to access the bridge and benefit from its advantages.

Furthermore additional liquidity will be injected into the bridge following the completion of the phase 2 migration, and subsequently after the conclusion of the phase 3 and 4 migrations.

2. NETX Phase II Migration Deadline

The NETX Phase 2 migration will conclude on November 30th. At that point, the TRIAS (TEP20) token bridge will be enabled for Phase 2 migrators.

If you haven’t migrated yet, please click here to participate directly: https://www.trias.one/migrate

3. Mainnet Trias Staking Program

We are dedicated to strengthening the TRIAS mainnet and are excited to announce the upcoming launch of TRIAS (TEP20) staking program. By staking your TRIAS tokens, you will have the opportunity to earn $GROW, $TAS, and $TSM as rewards.

This is not only a crucial step in enhancing the utility and security of our network but also an opportunity for you to actively engage in the development of the Trias ecosystem and co-create its future.

4. Trias Mainnet Governance Program

By staking your $TRIAS, you’ll gain the right to propose and vote on important decisions, shaping the direction of the ecosystem alongside the global community and driving the growth of a thriving decentralized network.

5. $TAS Token Updates

$TAS Burn: To enhance the value of $TAS, 90% of $TAS will be burned, reducing its total supply from 10 billion to just 1 billion.

Enhanced Utility of $TAS: The NETX mainnet will necessitate a higher consumption of TAS as transaction fees.

$TAS Buyback and Burn Program: To further reduce the supply of TAS, we will implement a program to repurchase $TAS tokens using $TRIAS (TEP20). The repurchased TAS tokens will then be burned permanently.

Economic Model Release: The full token economic model will be unveiled soon.

6. Inject more liquidity for $TRIAS NEW on BSC

We will enhance $TRIAS liquidity by providing liquidity for the $TRIAS(NEW)-BUSD pair on the BSC network.

7. BSC TRIAS Token upgrade time window adjustments

To increase accessibility, the token upgrade swap window for OLD and NEW $TRIAS(BSC) tokens will be available twice daily instead of current once daily, with a higher upgrade limit while still ensuring the security and smooth transition of the assets.

The inter-chain operability mentioned in point 1 will also provide an instant solution for those on the old BSC wanting to convert to the new BSC. This will bypass the current temporary solution of migrating from old BSC to new BSC twice a day.

8. AGENT Upgrade

Since its inception, the AI Agent has successfully generated over 24,000 instances. With our cutting-edge AI technology, AGENT will introduce TWO groundbreaking capabilities: the automated deployment of smart contracts and the issuance of tokens for projects. This advancement will propel the decentralization of real-world applications and revolutionize the way crypto projects are developed. A comprehensive announcement detailing these features will be made public shortly.

9. Kucoin Updates

  • We have successfully completed the swap for the new $TRIAS (BEP20) with Kucoin, marking a significant step forward in our cooperation. However, Kucoin is currently addressing external compliance issues in multiple regions, which has impacted the progress of problem resolution. Despite this, we remain optimistic about resolving these issues and improving communication efficiency. Please stay tuned to Kucoin announcements for further updates.
  • We have partnered with MEXC, Gate.io, and Bitget to provide primary liquidity, enhancing the trading experience for our community. Additionally, we regularly organize various events in collaboration with these exchanges to further strengthen user engagement.

Triathon Updates

1. Empowering AI Development in Triathon

To foster AI development and ensure smooth tradability, we will regularly inject liquidity into the $GEON-$TRIAS and $GEON-$GROW pairs. We will also maintain the independent rights of GEON and GROW holders. Additionally, we will create exclusive use cases for $GEON and $GROW on the NetX mainnet. For instance, $GEON and $GROW will be utilized to assist AGENT in completing project smart contract deployment and token issuance. A detailed announcement on this topic will be made soon.

2. SHIPS & APE Rights

We will maintain the independent rights of SHIPS and APE holders. Additionally, we will airdrop AI models with smart contract detection capabilities to SHIPS holders. AI models play a crucial role in the NetX ecosystem. Only AGENTS equipped with AI models that have smart contract detection capabilities can deploy smart contracts and issue tokens for projects.

Ethanim Updates

$BEPU Liquidity Solutions

In line with our focus on the $BTC ecosystem, we will provide short-term liquidity solutions for $BEPU holders, allowing them to exchange $BEPU (BRC20) for $BEPU (BEP20). Additionally, liquidity will be injected into $BEPU-$TRIAS, and users participating in the exchange will receive extra $EPU tokens as incentives.

Once the main token of Ethanim ($EPU) is released, $BEPU holders will also get special allocations for it.

Tusima Updates

Tusima on-chain data will undergo continuous testing and optimization on NetX. Simultaneously, Tusima will be integrating their system with nearly 500,000 Netstars payment POS devices in the near future. This integration will enable real-world Web3 usage and PaymentFi capabilities.

To date, Tusima has successfully processed a total of $6.0 billion in payments, completed 442 million transactions, and amassed 968K users, with the numbers steadily increasing.

Tusima is not just revolutionizing payment methods through technical innovation, but also breaking the boundaries of Web3 applications with its Layer 2 blockchain architecture and cross-chain bridge technology, delivering a more efficient and secure payment experience. Leveraging these groundbreaking technologies, Tusima is accelerating the evolution of the Web3 ecosystem and positioned itself to build advanced AI models by deeply analyzing users’ transaction data to continuously optimize the payment experience.

Looking Ahead

Thank you for your continued support as we work to enhance the Trias ecosystem. Even though development in such a high demand space can be challenging at times, we are confident that these developments will bring immense value to the community.

The mainnet of the Trias ecosystem, the NETX network, has processed over 103.496 million transactions to date, showcasing its outstanding performance and stability. As Trias and its sub-ecosystem projects continue to grow and expand, larger volumes of data will be operated on the NETX network, attracting more high-quality DApps to join, further enriching the ecosystem’s diversity. Looking ahead, NETX is set to evolve into a powerful and highly modular economic network, providing robust support for various applications and innovative projects, driving technological innovation and economic prosperity across the blockchain space.

To enhance community engagement and communication, we are pleased to announce the return of our monthly Q&A with Dr. Anbang in medium article format. We will be collecting your questions between October 15 and 19. In the future, we will be looking at doing more interactive (voice) session format AMAs with Dr. Anbang.

Please stay tuned for further updates and more detailed information. Should you have any questions, please do not hesitate to contact us.

Warm regards,

The Trias Team

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Trias

Trustworthy and Reliable Intelligent Autonomous Systems