After a delay of 1 hour, JustSwap, a decentralized exchange of TRON, finally went online at 11:00 p.m. on August 18. However, the situation after the launch was surprising. "Blockchain William", a big V in the blockchain industry, also said: "It was too difficult to go to (JustSwap) at the first time and find that it was all fake coins."
Some investors laughed at themselves: "If you buy a dirt dog, you can buy a fake dirt dog???"
Investors began to collectively call on TRON founder Justin Sun in the group to solve the counterfeit currency problem:
Some investors have already started to form rights protection groups:
Faced with doubts about counterfeit coins, Justin Sun posted on Weibo in the early morning of August 19th to remind investors: "Everyone invests today to carefully screen out counterfeit coins. Uniswap at least selects the list of real tokens. We have no list because we just launched, so now except for the first four jst In addition to win usdj usdt, we can’t verify the authenticity of the tokens in the list, we plan to verify it tomorrow to ensure that at least the tokens in the list are genuine coins!”
JustSwap is a TRON-based exchange protocol that can be used for the exchange between TRC20 TOKEN and supports the exchange between TRX and TRC20 tokens. Before JustSwap was officially launched, Justin Sun posted a high-profile announcement on Weibo that he would build JustSwap into a "hundred times Coin Factory".
However, Justin Sun seemed to have anticipated the emergence of counterfeit currency before the official launch of JustSwap. He posted on Weibo in the early morning of August 18, emphasizing: "The projects launched by JustSwap are all community projects, and have nothing to do with me or TRON. Those who have anything to do with me and TRON are all liars!" In order to disassociate myself from these local dog projects.
But there are still many investors who don’t buy Sun Yuchen’s response, thinking that Sun Yuchen should pay for the counterfeit currency:
Compared with counterfeit coins, what is even more ironic is that there is actually a project on JustSwap that made a mistake when adding liquidity. It mistakenly locked TRX worth 200,000 USDT in the contract address and failed to add liquidity. Currently The project party itself is also very convenient...
The name of the project is Alpha Link, which is a decentralized oracle machine based on the TRON network. It is one of the five projects launched by JustSwap at the beginning of its launch. The other four projects are Definition (DZI) - TRON The first AMPL (AmpleForth) imitation market, and one of the projects that investors reported buying the most counterfeit coins; Looprex (LOOP) - a decentralized liquidity mining fundraising agreement; JustSure.network (JSN) - a Decentralized open financial insurance platform; Just Insure - a decentralized insurance solution.
Odaily finally reminds investors that JustSwap has just launched. Since there is no threshold for DEX itself to list coins, the first projects on JustSwap are mixed. Investors need to pay special attention to identifying the risks of Tugou projects. Before the official transaction, be sure to confirm that the contract address is the official project party Published real address.
