Cost-effective DeFi Trade and stake digital tokens on TRON

Our mission is to create a cost-effective DeFi infrastructure by utilizing TRON and other EVM compatible blockchain platforms.

Join our community
TOFU is available on:
TOFUSWAP (TRX) TOFUSWAP (USDT) SunSwap (TRX)
Join our community
TOFU is available on:
TOFUSWAP (TRX) TOFUSWAP (USDT) SunSwap (TRX)

About Tofu

Tofu Project

DeFi is a fast-growing sector of the cryptocurrency industry. The vast majority of DeFi applications are built on the Ethereum blockchain, but Ethereum’s limited throughput and high transaction fees prevent DeFi from being adopted on a large scale. Tofu Project goal is to address this issue by utilizing EVM compatible blockchains like TRON. Our solution is to create bridges between different EVM blockchains to allow people trade wrapped ERC20 tokens on other chains with low fees. We call it TofuBridge.

TofuSwap is a protocol for automated token exchange on the TRON network. TofuSwap based on the same idea as Uniswap or JustSwap, but with some modifications and improvements. It will be integrated with TofuBridge.

Awesome services

Our Solutions

TofuSwap

Protocol for automated token exchange on the TRON network with low fees for traders and benefits for liquidity providers.

TofuBridge

TofuBridge is the Ethereum-TRON Bridge providing cross-chain asset transfers between Ethereum and TRON blockchains.

TofuOracles

TofuOracles provide a reliable connection to the external data from real world and alternative chains to maintain Tofu services.

Decentralized Governance

Let the community shape the future of the protocol. Anyone can be a TOFU holder and all are welcome to come join us.

Statistic data

Ethereum users paid $285 Million transaction fees in August and September 2020

285
$
mln.

Ethereum tx fees for two months

Our way

Road Map

Q3 2020

Market research
Concept generation

Q4 2020

Research and Strategic plan
Whitepaper v0.1 release
Product design
Assemble the team

Q1 2021

TofuSwap v1.0 development
Inital Token Sale
TofuSwap prototype launch
TofuSwap security audit
TofuBridge v1.0

Q2 2021

TofuSwap v1.0 Release and liquidity bootstrapping
TofuBridge v1.0 research and development
TOFU Oracle v1.0 research
Inital Token Sale closed

Q3 2021
Reconsidering project strategy
because of issues with TRON network
and changed market conditions

Q4 2021

TofuSwap v2.0 development
TofuBridge v1.0 research and development
Searching for funding

Q1-Q4 2022

Project was put on hold because of Russian aggression against Ukraine

Q1-Q2 2023

Reconsidering project strategy

Q3 2023

Fixing Tofuswap v1.0
TofuSwap v2.0 development

Q4 2023

TofuSwap v2.0 development
TofuBridge v1.0 development
Lauch longterm token distribution program

Q1-Q2 2024

TofuSwap v2.0 release
TofuOracle v1.0 development

Q3-Q4 2024

TofuOracle v1.0 release
TofuBridge v1.0 release
DAO Launch

2025

Integration with other EVM blockchains
Support and further development

Our data

Token Distribution

The total supply of TOFU governance token is 100,000,000 tokens.

80% will be distributed between Liquidity Providers and Users within first seven years. 19% will be reserved for the team and 0.7% for Bounty Campaign. 0.3% distributed in initial token sale.

  • 80% Distribute to LPs and Users
  • 19% Founders and Team
  • 0.7% Bounties
  • 0.3% Initial token sale
  • Name: TofuDefi Token
  • Type: TRC20
  • Symbol: TOFU
  • Platform: TRON
  • General release: 100,000,000 TOFU
General description

TofuDefi token (TOFU) is an TRC-20 asset that empowers community governance of the Tofu Project. Holders of TOFU tokens will be able to debate, propose, and vote on all changes to the TofuSwap and TofuBridge protocols.

TOFU's contract address is TTgnhmov3ezeUGxnfDdjvDt4WhNXDUD3bT.

Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges, listings, etc.), and provides easy integration.

TOFU does not in any way represent any shareholding, participation, right, title or interest in any company or legal entity. TOFU will not entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore, Hong Kong or any relevant jurisdiction.

data information

Statistic Data

Ethereum transaction fees in September
$172,000,000
Bitcoin transaction fees in September
$26,000,000
TRON transaction fees in September
$537,000
Average Etheerum/TRON transaction fee ratio
2539

FAQ

Frequency Asked Questions

  • What is TofuDefi?

    TofuDefi is a permission-less decentralized DeFi solution that combines several independent DeFi protocols.

    First one is a TofuSwap. The TofuSwap is a protocol for automated token exchange on the TRON network. TofuSwap based on the same idea as constant product Uniswap protocol, but it will utilize several recent improvements like StableSwap and other recent developments.

    Second is a TofuBridge. The TofuBridge is cross-chain bridge providing easy token transfers between EVM compatible blockchains. More precisely it will collect native tokens on the one blockchain and keep them as collateral while issuing wrapped tokens on the other. These wrapped tokens can be traded on TofuSwap or used in other DeFi protocols.

    Third one is a TofuOracle. In the first stage it will provide a connection to the external data from real world and alternative chains to maintain TofuBridge. In the next stage of development we will focus on more general use cases.

  • What is the problem TofuDefi is solving?

    At the moment, the vast majority of DeFi applications are built on the Ethereum blockchain. Unfortunately, the Ethereum Network has become overloaded. As a consequence, Ethereum network transaction fees have surged and hit all-time high recently. Alternative blockchain platforms provide better transaction speed and lower fees, but Ethereum has first-mover advantage. Numerous cryptocurrency projects were launched based on Ethereum platform and use ERC20 tokens. But if your dApp is transaction intensive, Ethereum does not seem to be a good choice ath the moment. The number of daily transactions on the Ethereum network related to Uniswap’s V2 Router contract only reached a new all-time high of 198,643 on September 2 with 10,540 ETH paid in fees which was about $5 millions at that moment. Meanwhile, average TRON’s transaction fee is about $1.5 now, so 200k transactions will cost its users about $300,000.

    The TofuBridge will allow transfer of tokens from Ethereum to TRON blockchain by collecting tokens on the one blockchain while issuing wrapped tokens on the other. The TofuSwap will be used for automated token exchange of such tokens on the TRON network. This will allow our users to trade with low fees. The TofuSwap will have several improvements to bring more profit for liquidity providers and users.

  • How is TofuDefi different to existing solutions?

    Careful consideration and comparatively simple design gives the Tofu Project a strong competitive advantage over similar projects to become a real player in the DeFi space.

    Our cross-chain capability enables greater speed and scalability for a superior user experience. Building upon EVM compatible chain provides a complete solution to scaling issues with blocktime as low as 3 seconds, instant finality and lower transaction fees; all the while leveraging the familiarity, community and network of the Ethereum blockchain.

    Our solutions are built with a focus on providing a seamless solution for users to trade and stake their assets.

  • What is the TOFU token?

    TOFU is non-refundable utility and governance TRC-20 token which will be used to empower community governance of the Tofu Project. The token will have multiple use cases relating to governance and platform utility. Holders of TOFU tokens will be able to debate, propose, and vote on all changes to Tofu protocols.

    TOFU's contract address is: TTgnhmov3ezeUGxnfDdjvDt4WhNXDUD3bT
    TOFU token does not in any way represent any shareholding, participation, right, title or interest in any company or legal entity. TOFU will not entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore, Hong Kong or any relevant jurisdiction. TOFU may only be utilized on the Tofu platform, and ownership of TOFU carries no rights, express or implied, other than the right to use TOFU as a mean to enable community governance of the Tofu Project platform and protocols.

    81% of tokens will be distributed within Tofu community and 19% will be reserved for the team.