TrustBase and HECO reached a cooperation to the development of ecological projects
We are happy to announce two important news:
1. TrustBase has reached a cooperation with HECO, which will introduce high-quality Polkadot projects to the HECO ecosystem, increase HECO’s own traffic and asset deposits, and establish a high-quality development portal for the Polkadot project to open up the Chinese market.
2. TrustBase Grant has been formally established，Initiated by the Subscript technology community, supported by HECO ecological strategic cooperation, and funded by the TrustBase Foundation.
TrustBase Grant × HECO
HECO is a heavyweight new force in the public chain field. HECO has cutting-edge innovative projects and the blessing of Huobi ecology, and is in a stage of rapid development. According to the latest data on April 25, the total number of transactions on HECO’s current chain exceeds 240 million, and the total number of addresses exceeds 4 million.
No matter from which point of view, the cooperation between TrustBase and HECO will greatly promote the development of high-quality Polkadot ecological projects on TrustBase in the Chinese market and enhance project liquidity.
In the initial stage, TrustBase will establish a certain pool in HECO, specifically to provide asset application scenarios for high-quality projects through TrustBase Grant, where people can pledge the corresponding tokens to produce HTBE which is the anchor token of TBE on the HECO network.HTBE allows Asset Mapping to the TBE main net when the main net launches .
Symon Ho, founder of TrustBase, commented on this cooperation:
“HECO has become a DeFi ecological gathering place. After HECO is opened, it will help the project broaden the ecological boundary. TrustBase will also continue to play the role of “ferryman”, to establish cross-chain bridges and interconnection channels, and help solve the problem of ‘Value Islands’ between HECO and Polkadot to achieve deep integration between multiple chains.”
Not long ago, Huobi Pool also joined the TrustBase network and became one of the first super nodes of TrustBase.Details → “Huobi Pool becomes TrustBase super node and supports TrustBase for slot auctions”
TrustBase is expected to allocate millions of dollars from the National Treasury as the first batch to reward applications for Grant and complete the entire ecological cooperation project. The specific distribution rules and details will be announced after the TrustBase Pool goes online.
HECO is a decentralized, high-efficiency and energy-saving public chain. On the basis of supporting high-performance transactions, it realizes the compatibility of smart contracts. HECO’s native digital asset is HT, compatible with Ethereum EVM (Environment Virtual Machine), and adopts HPOS consensus. mechanism.
For more information, click on the official website: HECOchain.com, or follow HECO’s official Twitter account: @HECO_Chain.
TrustBase is a Polkadot parachain based on the Substrate framework that independently develops the Subscript smart contract language and supports a variety of tool plug-ins and smart contract applications. As an infrastructure project in the Polkadot ecosystem, TrustBase has received the Grant from the Web3 Foundation Grant. At the same time, the Subscript smart contract language has delivered the first phase of exploitation result to the Web3 Foundation on Github .
TrustBase is committed to providing traditional developers with a more lightweight language, which can easily deploy Polkadot’s native smart contracts, and assist developers to participate in the construction of the Polkadot ecosystem without barriers.