Etherlink Blockchain Now Supported At Team Finance

Looking to launch a token, lock your liquidity, multisend tokens, and more, on Etherlink? Team Finance now offers this new chain integration across almost all of our Token Management Services.

We gave a sneak preview in a blog post last week and can now confirm that we have successfully rolled this out as the latest in 23 blockchains across our platform.

Why We Chose Etherlink and Its Key Features

We've mentioned this before but our goal has always been to provide a secure and efficient service for the web3 community. Being the first among our competitors to offer this integration, we believe it aligns perfectly with what our community is asking for.

Here's why:

• Low Transaction Costs: Transactions cost as little as $0.001, making it one of the most cost-effective solutions available (Tezos Spotlight).
• High Performance: With sub-second confirmation times, transactions are processed quickly and efficiently.
• Enhanced Security: By eliminating admin keys, it removes central points of control, reducing vulnerabilities and ensuring a fully decentralized network.
• MEV Protection: Built-in protection against Maximal Extractable Value (MEV) issues ensures fair transaction ordering and protects users from front-running attacks.
• Compatibility: Supports Ethereum tools and wallets, including Metamask, and allows developers to use programming languages like Solidity and Vyper.

Token Services Now Available on the Chain

With this latest Integration, we are proud to make Etherlink available across almost all of our suite of token management services:

• Token Locks: Securely lock tokens to build trust with investors. This feature ensures that tokens cannot be accessed until a specified date.
• Token Vesting: Manage token release schedules to comply with project timelines and regulatory requirements.
• Minting: Simplify the creation of new tokens with our easy-to-use minting services.
• Staking: Enable users to earn rewards by staking their assets. Staking is secure and offers competitive returns.
• Multisender: Distribute tokens to multiple addresses simultaneously. Ideal for airdrops and large-scale distributions.
• LP Locks: Secure liquidity provider (LP) tokens in a smart contract to ensure stability and trust in DeFi projects. This feature helps maintain liquidity and protects against sudden withdrawals.
• NFT Locks: Coming Soon! (Subscribe so you don't miss out)

What is Etherlink?

Etherlink is a cutting-edge Layer 2 blockchain (launched in March of 2024) and is built on the Tezos network.
It supports the Ethereum Virtual Machine (EVM), allowing developers to deploy Ethereum-based smart contracts without needing to learn new programming languages (this is a huge reduction in costs for teams).

We are familiar with the Tezos ecosystem, having already implemented its blockchain with our services. You could say we are certainly fans of what they're doing!

How to Get Started with Token Management on Etherlink

Here’s a step-by-step guide to help you integrate Etherlink into your project and manage your tokens quickly and safely:

1. Visit Our App: Navigate to your Token Dashboard at app.team.finance.
2. Connect your Wallet: We offer Metamask, Coinbase, and the host of options available through Wallet Connect.
3. Select a Service : Choose from one of the several services available. If you're not sure what you're looking for, each one has a handy introduction and extra documentation.
4. Use the Wizard: Our onboarding wizards will guide you through the step-by-step process for each service. You can even save your progress and continue at a later date.
5. Complete the Steps: Follow the guided requirements for each step, there are only a handful for each service, and you'll be completed in minutes!

For additional assistance, we provide how-to videos, FAQs, and community support:

• Consult the FAQs: If you have questions or need further clarification, check the frequently asked questions (FAQ) section on each wizard page.
  • Example: Review the Token Generation FAQ.
• Community Support: Join our community channels to stay updated and contribute feedback.
• How-To Videos: Each service page includes a detailed how-to video. These videos provide step-by-step instructions to help you navigate and utilize the services effectively.
  • Example: Watch the Token Minting How-To Video.

Test our Services on Sepolia Network for Free

Before you commit to a new chain, we've made it even easier to get started, all of our services can be tested for free on the Sepolia Network.

This testnet allows users to try out our features with no commitment, providing a risk-free environment to explore the capabilities of Team Finance.

Benefits of Using Sepolia Network:

• Free Testing: Try all services without committing to any costs (making it much easier to get stakeholder or community trust).
• No Commitment: Experiment with the features before fully committing to the mainnet.
• Learning Environment: Ideal for learning and getting comfortable with the new tools and features.

Conclusion

This new edition comes as part of a recent series of new integrations and updates, X layer being another chain that we added last month.

To stay on top of all of our developments, and to become one of the first to use our new services or chains, we recommend joining the newsletter below...