is TRINITY PROTOCOL based?

eli5 on Trinity Protocol (TRI):

https://triprotocol.medium.com/eli5-what-is-trinity-e8c2ffa8843

Our proposal tl;dr:

BASED buys 5 ETH of TRI BASED provides equivalent value of mbBASED mbBASED/TRI pool is created and whitelisted on TrinityProtocol.io

NOTE: Based Protocol KEEPS 95% of the LP tokens (5% goes to referrer)

Whitelist pool for minimum 24 hours (details to be discussed between GHOULS and TRI devs)

Every TRI txn (buy or sell) is taxed. Tax can be customised as discussed between projects

e.g. 3% tax: 1% buys mbBASED, 1% goes to lock more mbBASED/TRI liquidity, 1% goes to reward Liquidity Providers (added to TRI balance)

TRI provides 10,000 TRI (tbd) to Moonbase Rover

Benefits to Partners

If you’d like to partner with Trinity, you can create a TRI-TOKEN pool with your token. For every 5 ETH of Trinity purchased, you’ll receive 24 hours of liquidity whitelisting from the protocol.

As a partner, you’ll get to keep 95% of the LP tokens. 5% will go to the community member who referred you. You’ll get to decide on the duration of the liquidity mining program and the reward amount. A portion of the rewards will be airdropped to Trinity Tower holders (see below).

1. Increased Liquidity For Your Token

Once you’ve been whitelisted as an official partner, Trinity’s liquidity generation mechanism will be rerouted to the TRI-TOKEN pool. This will help the pool attract more liquidity providers as LPs start automatically receiving $TRI tokens as rewards for joining the pool. This is on top of the passive yields that Trinity Protocol passively generates.

Also, the protocol will create positive buy pressure for your token since it uses TRI to buy your token and add liquidity automatically.

2. Increased Exposure For Your Project

In addition to the liquidity benefits, your project will receive exposure from Trinity, which has a passionate and growing community of over 1500+ holders that are ready to support partners.

You’ll be invited to our Telegram group of active traders and investors to conduct an AMA of your project. This is beneficial because most AMA groups will charge projects between 3–8 ETH for an AMA in their group, which is an incredibly inefficient use of capital (particularly to a start-up project), given that most groups offer poor RoI and are predominantly comprised of ‘quick flippers’ seeking airdrops and giveaways. Trust us — we know from experience!

A far better solution is to use that same ETH to purchase $TRI and create a joint pool. You’ll get to keep your LP tokens and build initial liquidity for your project, all whilst gaining exposure to our community of long-term traders and investors.

3. Social Media Promotions

We will promote your project through our social media platforms, including our ongoing influencer campaign with Quotidian Marketing.

4. Invite To Private Group With Other Project Owners

Finally, you’ll be added to our private Trinity Partners chat, where you’ll be able to network and collaborate with other project owners who are part of our network. This group has team members from notable projects including Contribute, ROOT, Value, GDAO and more.