Building a Global Future for TRIAS, Hand in Hand

10 min readNov 29, 2024

Dear Trias Community,

We are very excited to share a comprehensive announcement that will cover a wide range of topics such as some of the recent community questions, upcoming important developments, exchange situations, strengthening partnerships, solutions to matters related to the cross-chain bridges, mainnet migration, as well as the overall mainnet development and more.

As you all know, Trias is one of the most ambitious projects in the tech space. Achieving excellence requires a meticulous approach, patience, and resilience. Like any major breakthrough in history, our journey is driven by ambition and a clear vision, despite the challenges.

Today, with the rapid development of the global crypto market, we would like to emphasize that Trias is also fully committed and involved in this global expansion, and we want to emphasize to our community that they are walking with us on the path extraordinary achievements.

First of all, we want to start off with one of the main community concerns at the moment before we move on to more positive and exciting developments.

KuCoin Delisting and Asset Withdrawal: A Detailed Thread

1/Background and Context:

For quite some time, TRIAS has been diligently working with KuCoin representatives to remove the ST (Special Treatment) tag from our token. We were making significant progress on the list of requirements provided by KuCoin and were optimistic about the removal of the ST tag. We had healthy discussions with a clear path to solution, where we completed all the necessary steps from our side, and was informed that the resolution was imminent.

2/Unexpected Delisting:

To our surprise, and without prior notification to the TRIAS team, KuCoin announced the delisting of TRIAS. This decision was a shock to us, especially given our ongoing efforts to meet their requirements. Additionally, KuCoin instructed users to withdraw their assets through the Heco Chain (as HRC20 tokens).

3/Issues with Heco Chain:

It is well-known that the Heco Chain has not been actively developed for several years. TRIAS had announced two years ago that we would remove liquidity from the Heco Chain. Heco Chain social media has been inactive also for years, where no updates social updates or actual development was made.

Heco website have also confirmed the cessation of development on the Heco Chain. The network is fully shutting down all operations soon. (Reference notice https://www.heco123.com/en-us/) . And we believe that this had a role to play in this delisting decision as well, even though it had nothing to do with our project itself. Despite all this easily reachable information, KuCoin’s directive to our members to withdraw assets to the Heco Chain was overwhelming and unexpected.

4/Solution and Next Steps:

Considering the above information, we leave it up to our community to judge the matter themselves, but for us, the issue is clear.

Even though the delisting and withdrawal issues were not caused by TRIAS, we still will take responsibility for solutions, as we prioritize our community’s interests above anything else. We have been working tirelessly to find a solution, which required thorough analysis and accounting before deciding to implement it.

After evaluating several options, despite the initial request to hold users from withdrawing into HECO, we decided that it will be best for our users to get out of Kucoin in any way possible.

At this point in time, investors who are stuck in KuCoin wanting to be included in the snapshot can withdraw their tokens to Heco Chain (HRC20)

The team will take a snapshot of the assets on the HECO chain at 10 UTC each day from December 9 onwards after Kucoin removes withdrawals, recording the specific number of positions held by all holders. Then we will fix this matter for all users according to this snapshot allowing a solution for their tokens to be in a tradeable version again

So to summarize, your tokens on KuCoin will not be lost. They will have to be first withdrawn into HECO chain and recorded in the snapshot. We will ensure the safety and continuity of your assets.

A Thanksgiving Gesture:
We view this solution as our Thanksgiving treat to our community, demonstrating our dedication to resolving issues and valuing our community’s trust and support.

Exchange-Related News

We are excited to inform you about the significant progress we have made in our cooperation with exchanges. It is our mission and goal to expand Trias onto more high quality exchanges, improving the liquidity and expansion of TRIAS in the global market.

In addition, for the listing of mainnet TEP20 Trias, we have been in contact with numerous reputable exchanges. Our aim is to list TEP alongside the other legacy chains soon, unifying all our liquidity in different chains, starting with MEXC, the exchange where we currently have the most activity. At present, we have communicated with our partners in some details, and now everything is going smoothly.

Once TEP Trias is listed on an exchange for the first time, the listings procedures we have already discussed into other Tier 1 and Tier 1.5 exchanges can finally follow more smoothly, as the initial listing requirements for a newly created network chain will have been already met by an already reputable exchange. We hope to expedite more listings to be arranged in Q1 2025 as soon as possible.

- About the Mexc Futures

First of all, we want to state that MEXC futures for Trias is not activated by team’s requests. Once the liquidity threshold of TRIAS in MEXC increased, the system automatically added Trias into the Futures list. We are aware that our community does not prefer to have this option. Looking back, removal of this feature brought a good catalyst for the rise of Trias price earlier this year, so we are aware of its implications.

We have asked MEXC to once again remove this feature immediately. Considering our friendly and fruitful discussions relating the TEP Trias listing, we expect that this request will be fulfilled at the earliest opportunity they have, once they go through their internal process.

Cross-Chain Bridge, Conversion Portal Reactivation and Phase 2 TRIAS TEP20 Claim:

We would like to announce the reactivation of the cross-chain bridge and conversion portal, along with the commencement of Phase 2 of the TRIAS TEP20 claiming process expected to be done by the first half of December. We understand that there have been delays, and we appreciate your patience and understanding during this time.

Reasons for Delay: The delay in reactivating these critical components was due to several factors:
Team Restructuring: We have undergone significant restructuring to better align our resources and expertise with our strategic goals.
Revision of Internal Approval Processes: To ensure the highest standards of efficiency and security, we have revised our internal approval processes.
Security Updates: We have implemented comprehensive security updates to safeguard our ecosystem and protect our community’s assets.
Importance of These Developments: The reactivation of the cross-chain bridge and conversion portal is a pivotal step in enhancing the TRIAS ecosystem and unifying users in the next stage of our project development.

Here’s why these developments are crucial:

Enhanced Interoperability: The cross-chain bridge facilitates seamless interoperability between different blockchain networks, allowing for more fluid and efficient transactions.

Improved Accessibility: The conversion portal provides a user-friendly interface for converting assets, making it easier for users to manage their holdings and upgrade their token contracts to its newest version.

Increased Security: With the latest security updates, we are ensuring that all transactions and conversions are conducted in a secure environment, protecting user assets from potential threats.

Community Trust: By addressing the delays transparently and implementing robust solutions, we are reinforcing our commitment to the community and building trust.

Positive Impact on the Ecosystem: These advancements will significantly enhance the functionality, security and liquidity of the TRIAS ecosystem.

Phase 2 Migration Update:

We are pleased to inform you that Phase 2 migration is nearing completion and will be finalized by the end of November. By early mid-December, our community members will be able to claim their TRIAS TEP20 coins as usual from the migration page. We will provide a separate announcement with detailed instructions on this process soon. We strongly recommend our community to migrate to the mainnet to reserve their spots, as there are exciting news just around the corner relating to additional mainnet functionalities.

We are confident that these developments will have a positive impact on the TRIAS ecosystem, driving growth and fostering a more robust and secure environment for all users.

Upcoming Trias Staking

We are thrilled to announce that we are nearing the completion of our new staking functionality. This feature will bring significant utility to the Trias token, strengthening our ecosystem by improving network security through increased participation from key nodes.

The staking program will enable participants to play a vital role in securing and supporting our blockchain network. This initiative leverages the strength of our broad ecosystem, enhances decentralization within our existing structures, and is powered by the contributions of our partners and collaborators.

NetX nodes within the Trias network will act as a hyperloop to secure the overall infrastructure. The decentralized nature of this setup will ensure greater security, guaranteed uptime, faster execution, and improved network quality across the board.

As staked Trias tokens enhance the network’s utility, the rise in activity and security will create a dynamic reward system tied directly to real-world usage. Unlike other staking systems, where rewards often resemble glorified interest rates disconnected from network activity, Trias staking rewards are deeply rooted in actual use cases supported by our established ecosystem.

In addition to our existing partners who rely on Trias technology, future collaborators and use cases will also have the opportunity to participate in this decentralized network, benefiting from its enhanced security, speed, and trust.

Our vision is to achieve a symbiosis between our private and decentralized public networks. In this model, our extensive existing and future partnerships will support the decentralized network’s continuity while the decentralized network enhances and adds utility to our already successful technology.

Currently, the Trias ecosystem is already handling a significant number of transactions and confirmations across both public and private networks through our partners and users. Numerous test cases with governmental and private partners have proven the integrity of these networks, delivering zero downtime alongside record-breaking speed and security benchmarks. As we continue to add more use cases, we anticipate exponential growth in network activity, which will further increase the value and utility of staking shares for our community.

The underlying technology that powers this infrastructure has been developed with meticulous attention to detail, ensuring that Trias serves a meaningful purpose. We have worked tirelessly to ensure this staking feature aligns with our roadmap while also adhering to regulations and laws governing incentivization programs, presenting this functionality with no potential setbacks.

Starting in Japan, South Korea and other Asian countries and expanding to a global scale, our technology aims to drive the transformation from Web2 to Web3, placing Trias at the forefront of this evolution. Our goal is to unify all past, present, and future use cases under one ecosystem, creating the most decentralized, fast, and secure blockchain infrastructure in the world.

The participation of our community is vital to achieving this vision of decentralization, security, speed, and trustless execution. Those who join us in this endeavor will be contributing to the new era of the internet.

A detailed announcement regarding the staking functionality will follow soon. It will include all necessary information on how the community can participate, contribute, and benefit. Any additional questions about dynamic structures or specific conditions will also be addressed comprehensively.

Developments in Crypto and TRIAS’s Bright Future

We are thrilled to share some groundbreaking developments in the world of cryptocurrency that promise to bring significant visibility and growth to TRIAS. Recent legal and regulatory changes are setting the stage for a new era of digital innovation and investment.

ZA Bank’s Crypto Trading Services in Hong Kong:

Adding to the positive momentum, ZA Bank, Hong Kong’s largest digital bank, has received approval to offer cryptocurrency trading services directly to retail users. This development marks a significant step forward in integrating traditional banking with the future of finance, making crypto trading more accessible and secure for a broader audience.

Hong Kong to offer crypto tax exemption for hedge funds and family offices:

Just yesterday, Hong Kong announced their plans to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds and certain family offices as the city strives to enhance its appeal as a wealth management hub.

Why These Developments Matter for TRIAS:

World’s biggest market entering the investment scene with individuals and corporations alike will boost the investments flowing into crypto related companies significantly. Trias is one of the few major projects that not only serve clients in Asia, but also globally. The strategic position combined with it’s excellent achievements, will definitely put it Trias onto the top of the list which benefits from all these new developments.

With the growth of the global crypto market and Hong Kong’s progressive attitude towards cryptocurrency trading, TRIAS will gain significant global visibility. These changes will attract more investors and users to the TRIAS ecosystem, allowing TRIAS’ proven applications and blockchain solutions to expand seamlessly.

Our partnerships with industry giants like the China Federation of Logistics and Purchasing (CFLP), Huawei, Netstars and more will leverage blockchain technology to create more secure and transparent logistics networks, boosting confidence among stakeholders.

Thank you, TRIAS community, for your continued trust, support, and enthusiasm. Together, we are shaping the future of blockchain technology and creating a world of limitless possibilities. Stay tuned for more updates as we embark on this exciting journey!

Warm Regards
TRIAS Team