Introduction to Troy Network (TROY)
TROY Network is a decentralized protocol designed for global trading and payments. The cryptocurrency market currently lacks a dominant brokerage service, which is the gap Troy Network aims to fill.
Troy Trade functions as a prime broker, offering comprehensive financial brokerage services for institutional clients and professional traders. These services include spot and margin trading, derivatives (DM), data analytics, custody, lending, and staking—all consolidated into a single account. Traditional finance examples include Goldman Sachs and Fidelity Investments.
Core Idea
Troy Network acts as an intermediary between:
- Crypto exchanges and financial services
- Blockchain platforms
- Traditional financial market participants
This is achieved through a decentralized protocol stack built on Troy’s proprietary blockchain, structured into four layers:
- Layer 1 (Public Chain): Security foundation.
- Layer 2 (Offchain): Transaction acceleration.
- Layer 3 (Trading Network): Interoperability with applications.
This architecture ensures security, speed, and liquidity while bridging centralized (CEX) and decentralized exchanges (DEX).
Problems Troy Network Solves
Issues with Centralized Exchanges (CEX)
- Security Risks: Vulnerabilities to hacks and data breaches.
- Market Manipulation: "Whales" influencing prices.
- User Asset Control: Funds locked during critical moments.
- Fake Trading Volume: Inflated metrics.
Issues with Decentralized Exchanges (DEX)
- Unstable Transaction Speed: Blockchain congestion.
- Poor UX: Complexity for non-technical users.
- Limited Trading Tools: Basic order types.
- Low Liquidity: Fragmented markets.
- No OTC Support: Challenges for cashing out.
👉 Discover how Troy bridges CEX and DEX advantages
Troy Network Services
- Master-Level Trading Platform
- Diversified Brokerage Services
- Advanced Data Analytics
- Quantitative Trading Solutions
TROY Token Explained
- Type: ERC-20 utility token (future migration to Troy’s mainnet).
Use Cases:
- Pay transaction fees.
- Stake for supernode roles.
- Incentivize Relayer Network participants.
Key Metrics
- Ticker: TROY
- Total Supply: 10,000,000,000 TROY
- Initial Circulation: 740,000,000 TROY (7.4%).
TROY IEO on Binance Launchpad
- Hard Cap: $4,000,000 (8% of total supply).
- Method: Lottery & airdrop.
- Supported Currency: BNB only.
- Token Price: 1 TROY = $0.005 USD.
Participation Timeline
- Snapshot Period: 30-day BNB balance averaging.
- Lottery Draw: December 4, 2019.
FAQ Section
1. How can I acquire TROY tokens?
- Participate in Binance Launchpad IEO.
- Stake as a Relayer or supernode.
- Purchase post-listing on exchanges.
2. What wallets support TROY?
ERC-20 compatible wallets (MetaMask, Trust Wallet, Ledger).
3. Is TROY mining available?
No—only staking within the Relayer Network.
👉 Explore secure trading with Troy Network
Roadmap & Team
- Q3 2020: Mainnet launch planned.
- Partnerships: Binance, Huobi, BitMEX.
Should You Invest in TROY?
Pros:
- Unique hybrid CEX/DEX model.
- Strong exchange partnerships.
- Token utility in fees/staking.
Cons:
- Competitive niche with unproven track records.
Conclusion
Troy Network offers an innovative approach to crypto trading by merging CEX efficiency with DEX security. While promising, thorough research is advised before investing.
For real-time updates, monitor Binance listings post-IEO.