TON Community

31 марта 2023 17:03

​TON Network receives update on March 28

TON Foundation has always been diligent in emphasizing TON Blockchain’s stability and user protection as our top priority. The proof is on the blockchain: Since the beginning of last year, the network has not experienced a single breakdown or failure.

On March 28, the validators pushed an update that amended the network’s configuration.

The update improved:

▪️ Security against DDoS attacks
▪️ Network optimization when handling large throughput.

Over the past year, the number of accounts on TON Network has increased 14 times, with the number of transactions surpassing 120 million.

Despite the ecosystem’s meteoric growth, the blockchain’s transaction fees remain low, fast and stable.

The Open Network’s architecture gives it the flexibility to process a higher throughput comprising up to millions of transactions per second.
 
A stress test conducted not long ago concluded that, even if the number of validators on the blockchain dwindled to only 12, the network would still be able to handle the current load — but times 100.

TON is equipped with state-of-the-art blockchain technology and is poised for mass adoption.

TON Community

29 марта 2023 12:13

Telegram Premium service now accepts Toncoin (TON).

Fragment has added an option where users can purchase Telegram's Premium subscription service using Toncoin (TON), the native cryptocurrency of The Open Network (TON).

A three, six or 12-month subscription are all available using a Tonkeeper address.

Telegram Premium is a subscription service that unlocks additional exclusive features, while helping to support the development of the app.

The ability to pay for a subscription using TON will attract a lot of new users to the TON ecosystem and bring mass adoption closer.

TON Community

28 марта 2023 14:29

Hack-a-TONx DoraHacks Top-10 Team Day 1 Live Judging

Hack-a-TONx DoraHacks received 234 total submissions and now the Top-10 teams will present live to the judges.

Day 1 will host 5 teams in the following order:

— Tsunami Exchange
— 1ton
— Genlock
— Tonic Lounge
— DeDust

Don’t miss out on the chance to join the live stream and see the Top-10 teams in action vying for total prize pool of $300K.

The community vote will account for 20% of the final decision of Top-10 teams. Go support your favorite team via ton.vote (Note: Voting will begin on March 29).

TON Foundation would especially like to thank the hackathon partner, DoraHacks, and financial sponsor DWF ($50K).

TON Community

26 марта 2023 18:00

DWF Labs share their insights on the future of Web3 and TON Ecosystem in a new video

In an exclusive interview, Hank, a partner from DWF Labs, talks about their decentralised Web3 investment firm and company's dedication to The Open Network (TON) Ecosystem. He shares the story of his own crypto background, the origins of DWF Labs, and discusses the team's ongoing support for TON.

Hank offers valuable insights into the future of blockchain technology, the coexistence of centralized Web2 and decentralized Web3, and the importance of raising awareness about TON in other industries. Don't miss out on this engaging conversation about the future of Web3 and the exciting developments happening in the space.

TON Community

24 марта 2023 18:41

TON Foundation is launching the TON Wallet Challenge with a $60,000 prize pool.

The competition is open to iOS, Android, and desktop developers. Your task is to create a new TON Wallet application that can replace the existing wallets. Guidelines, evaluation criteria, technical requirements, and useful resources are available on GitHub.

To participate, you can submit your application through @toncontests_bot, and further information about the contest can be found on the official website.

The competition will last for 2 months and will end on May 22.

Good luck!

TON Community

22 марта 2023 17:00

@wallet now supports Tether (TRC20) for easy sending, buying, and trading

@wallet, a TON-based crypto wallet on Telegram, has integrated the Tether USDT stablecoin on the Tron network (TRC20). You can now get all the advantages of USDT within Telegram and can even send USDT to your friends with no commission fee.

Tether USDT is a stablecoin whose value is pegged to the US dollar, providing stability and liquidity for the crypto market. With @wallet, you can now send, buy, sell, trade, and receive USDT. @wallet has also created a new “Swap” tab which allows you to quickly exchange USDT for TON and vice versa.

Here is a short guide on how to deposit USDT into your @wallet. Please note that at the moment @wallet only supports USDT transactions on the Tron network (TRC20).

TON Community

21 марта 2023 15:06

In an exclusive interview, the TON Play founders reveal how they are revolutionizing blockchain gaming

The founders of TON Play, a cutting-edge GameFi platform built on TON, have given a special interview to TON & Company. In this interview, hosted by Mark Okhman, you can find out how TON Play is changing the gaming industry by utilizing blockchain technology.

This interview covers everything from the founding of TON Play to how the company is ensuring the best user experience for both players and NFT creators.

TON Community

19 марта 2023 23:07

TON Blockchain is joining 70+ networks on MathWallet.

MathWallet has announced it now supports The Open Network (TON) Blockchain.

MathWallet is a popular noncustodial crypto wallet that provides storage services for over 70 blockchain networks and hardware wallets.

MathWallet lets users:

— Switch to the TON Network
— Create and import wallets
— Send and receive Toncoin
— Grant access to apps.

TON Community

17 марта 2023 16:00

Hack-a-TONx World Tour Highlights

The Open Network (TON) team has been collaborating with DoraHacks, the largest multi-chain hacker platform in the world, to organize a series of meetups and hackathons. The event includes a $300K prize pool and a $250M Ecosystem Fund to be shared among participants.

DoraHacks has just published a new blog post providing a comprehensive overview of the series of hackathons that took place across the world in 14 different cities. If you are interested in learning more about Hack-a-TONx, or want to join the next hackathon, check out the blog post and follow DoraHacks on Twitter.

TON Community

15 марта 2023 19:24

​The Whiterabbit team, a contributor to the TON: DeFi Landscape report, has published a new whiterabbit_hq/ton-blockchain-a-group-of-related-whales-mined-85-of-ton-supply-2e3300cc93bc">article about TON mining history analysis.

The team conducted an on-chain analysis to examine the connections between the initial miners, validators, and the core TON community.

Article Summary:

▪️96% of the TON supply was distributed to miners between July and August 2020;

▪️At least 85.8% of the supply was mined by a few groups of miners connected with each other and affiliated with TON Foundation;

▪️Funds from these miner groups are used by network validators that control 2/3 of the TON Blockchain PoS consensus;

▪️The recent vote to freeze inactive wallets will give confidence to potential investors and builders but ultimately more steps need to be taken to ensure long-term confidence in the ecosystem.

▪️Data collected from TON Blockchain is made available to enable the reproducibility of research.

In addition, TON Foundation provides a commentary at the end of the article highlighting the need to continuously support transparency and visibility.

We are glad that independent research groups are taking an interest and analyzing TON for the benefit of the wider community.

Over the next few weeks, TON Foundation plans to release a summary blog post on the TON Blog and an open dataset on the TON website, which will cover the history of mining.

Stay tuned.

TON Community

13 марта 2023 18:38

​TON Community Weekly Digest

Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) ecosystem.

Network stats update:

▪️ The number of registered TON accounts increased from 2,252,607 to 2,307,431 (+2.4%) between March 6 and March 12.

News:

▪️ Toncoin (TON) entered the top five non-EVM coins by daily trading volume. Read more.

▪️ The TON & Company YouTube channel relaunched. Read more.

▪️ Part II of the Hack-a-TON x DoraHacks live events report was published. Read more.

▪️ A summary of the most useful programs and tools for TON developers and creators was shared. Read more.

▪️ TegroFinance, a decentralized automated market maker (AMM) built on TON, launched an updated public API.

Subscribe and be the first to receive updates from The Open Network (TON) ecosystem.

TON Community

11 марта 2023 18:16

​Toncoin has reached a major milestone, entering the top 5 Non-EVM coins based on daily trading volume

Yesterday, Toncoin achieved a remarkable feat by reaching a daily trading volume of $3.4M on decentralized platforms! Based on its daily trading volume, TON has now climbed to 5th position in the Non-EVM cryptocurrency ratings, surpassing Aptos by 4.46 times.

TON Blockchain is now in 23rd position in the TVL ratings of Non-EVM cryptocurrencies.

This surge in TON's trading volume and TVL is thanks to the recent airdrop by Megaton Finance, which distributed $500,000 worth of tokens to the 1100 participants of the Tonstarter Community Incentives program. This was the largest airdrop in the history of the ecosystem, and it has propelled TON's popularity to new heights.

This is a huge achievement and a sure sign of TON's promising future.

TON Community

09 марта 2023 17:38

TON & Company YouTube channel relaunches with Exclusive Tal Kol Interview

TON&Co. has relaunched its official YouTube channel with an exclusive interview with Tal Kol, Co-founder at Orbs and Ambassador at TON Foundation.

TON&Co. is a comprehensive platform that provides a variety of resources and tools to support blockchain developers, entrepreneurs and enthusiasts in the TON community. The mission is to help members learn about TON, develop new skills and build innovative decentralized applications.

We highly recommend checking out the channel to stay informed and up-to-date with all the latest developments in the TON ecosystem.

TON Community

07 марта 2023 17:35

​Two new games unveiled by The Open Network (TON) that offer unique opportunity to win special rewards, showcase skills

TON Chess is a classic chess game now available on TON Play. Players can challenge friends or random opponents for the chance to win exclusive NFT skins for their board and pieces. Tournaments offering special prizes are also held for players.

Lost Dogs is an innovative NFT collection exclusive to TON featuring 2,222 unique and generative NFT dogs. Each dog has a unique set of attributes that determine its appearance and rarity, making every Lost Dog a one-of-a-kind collectible. Lost Dogs has also implemented a special, cross-breeding game mechanic implemented directly on the Getgems marketplace. For more information, check out this post.

TON Community

05 марта 2023 19:20

​TON Community Weekly Digest

Here’s a roundup of the ecosystem’s most exciting news over the past seven days.

Network stats update:

▪️ The number of new accounts created on TON from Feb. 26 to March 4 grew from 2,214,612 to 2,243,572 (+1.3%).

News:

▪️ Auditing platform CertiK published an article called “Secure Smart Contract Programming in FunC: Top 10 Tips for TON Developers” for FunC developers.

▪️ TON Rocket launched a P2P market. Read more.

▪️ Toncoin was listed on the Azbit.com crypto exchange. Read more.

▪️ The TON blockchain was nominated for two awards at AIBC Awards Eurasia 2023 in the “Blockchain Protocol of the Year” and “Developer Community of the Year” categories. You can vote for TON by visiting this link. Read more.

▪️ The GAGARIN launchpad launched on-chain staking based on smart contracts. Read more.

Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on the notifications for this channel. You won’t want to miss a thing!

TON Community

30 марта 2023 17:04

The Playmuse marketplace has created a label allowing NFT artists in the TON ecosystem to release their songs on Spotify, Apple Music, YouTube Music, and Amazon Music and receive royalties in the form of Toncoin.

Playmuse, a The Open Network (TON)-based NFT marketplace for music and videos, has signed a partnership with French distributor Believe.
 
Artists who release their music through the Playmuse Records label will be able to disseminate their work to over 200 streaming services worldwide, including Spotify, Apple Music, YouTube Music, and Amazon Music, while having the option to collect royalties in Toncoin (TON).

The Playmuse marketplace is a project in the TON ecosystem that has been expanding at astonishing speeds lately. By the end of the second quarter of 2023, the company aims to onboard over 2,000 artists, many of whom are household names.

Disclaimer: Neither TON Foundation nor TON Community is affiliated with the project. Before signing any contracts, we highly recommend consulting a lawyer first.

TON Community

28 марта 2023 21:29

TrueUSD (TUSD) is now live on The Open Network (TON)

TrueUSD (TUSD), a stablecoin pegged to the US dollar and audited in real time by an independent, industry-specialized accounting firm in the US, is available on The Open Network (TON) through Orbit Bridge. TUSD is among the fastest growing stablecoins in the digital token economy with a market capitalization of more than $2B.

Orbit Bridge is a cross-chain platform developed by Ozys that facilitates the seamless transfer of assets between different blockchains. Users can now store, send and receive TUSD directly on TON, as well as transfer it to other blockchains supported by Orbit Bridge.

We are excited to bring TUSD to the TON community and look forward to seeing the stablecoin deployed in many use cases for decentralized applications and transactions.

TON Community

27 марта 2023 17:37

​TON Community Weekly Digest

Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.

▪️ The number of registered TON accounts increased from 2,355,877 to 2,394,495 (+1.6%) between March 20 and March 26, 2023.

▪️ @wallet now supports Tether tokens (USDT) on the TRON network (TRC20). You can buy, transfer and store USDT in @wallet, as well as exchange USDT for Toncoin and vice versa directly in Telegram. Read more.

▪️ Toncoin is now available on Bitfinex, one of the leading cryptocurrency exchanges, according to CoinMarketCap. Read more.

▪️ TON Foundation has launched TON Wallet Challenge with a prize pool of $60,000. We invite iOS, Android and desktop developers to take part. Read more.

▪️ Tonstarter has secured a $1.5M investment and launched the new Open Builders initiative. Read more.

▪️ A global update and redesign of the TON App catalog has been released. Read more.

▪️ The ton-company">TON & Company YouTube channel has published an interview with the founders of the TON Play gaming platform. Watch the interview.

▪️ ton-company">TON & Company has published an interview with one of the partners at DWF Labs, who shares his views on the future of the TON Ecosystem. Watch the interview.

Subscribe and be the first to receive updates from The Open Network (TON) Ecosystem.

TON Community

25 марта 2023 17:54

Tonstarter receives $1.5M investment, launches new Open Builders initiative

The Tonstarter launchpad, which started its journey in The Open Network (TON) Ecosystem as a crowdfunding platform, has transcended its original concept by launching Open Builders, a new platform that brings together all the Tonstarter initiatives in one place.

In the near future, Open Builders will release several new tools for TON builders. Meanwhile, it is already helping start-up projects with a series of initatives:

— aiding public token sales
— attracting investments with the help of the VC/Angel Investors club
— supporting an introductory course for Web3.

The Tonstarter launchpad will become part of a new large-scale platform and will continue to conduct IDOs, develop the Community Incentives loyalty program and Tonstarter Learn.

A few days ago, Open Builders also launched its first original product, Open Rating, enabling anyone to provide reviews for blockchain projects.

The Open Builders doors are wide open and the platform invites all TON builders to get involved: http://openbuilders.xyz

It should be noted that the project team recently attracted investments worth $1.5 million from Kingsway Capital, Gate.io Ventures, DWF Labs, Hexit Capital and other partners.

TON Community

23 марта 2023 17:01

Bitfinex to list Toncoin (TON)

Bitfinex, the most liquid Bitcoin exchange, has announced the listing of Toncoin (TON). Henry Child, Head of Token Sales at Bitfinex, expressed excitement about TON's potential for users, describing The Open Network (TON) as "one of the most exciting blockchains in the Web3 space."

Bitfinex users will obtain access to TON via its mobile app or web platform, with advanced features available, such as margin trading, lending and staking available. Deposits for TON will be available from ≈10:00 (UTC) on March 27 and trading will commence from ≈10:00 (UTC) on March 29, with trading pairs US Dollar (USD) and Tether tokens (USDT).

The listing of TON on Bitfinex is expected to accelerate the mass adoption of the TON Ecosystem while providing Bitfinex users with more opportunities to diversify their portfolio and participate in the future of blockchain technology.

TON Community

21 марта 2023 18:00

​TON App releases major global update

The Open Network (TON) decentralized applications (dApps) catalog has been updated with the introduction of a significant redesign of the service.

▪️ Main page improvements

The navigation and search functions have been improved to make them more user-friendly. In addition, various filters have been added to allow for quicker and easier application searches.

▪️ Category interface update

Animations have been incorporated into the interface and changes have been made to the way that the most popular services are displayed.

▪️ Application pages redesign

Descriptions have become more detailed, and soon dApps will receive tags explaining their main functions.

▪️ Developer suite interface update

It has now become more convenient for product creators to add services to the catalog.

The TON App team is committed to continually improving the site and plans to focus on filling the catalog and creating more content for the articles section. Stay tuned for more updates!

TON Community

20 марта 2023 23:21

​TON Community Weekly Digest

Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) ecosystem.

Network stats update:

▪️ The number of new accounts created on TON grew from 2,313,891 to 2,347,955 (+1.4%) between March 13 to 19.

News:

▪️ Anthony Tsivarev, senior partner of FS Labs, assumed the role of director of developer relations at TON Foundation.

▪️ A list of projects receiving funding from a TON committee was published. Every month, TON combs through applications to find the newest grant recipients, so if your team is creating exciting projects on TON, you’re encouraged to apply—and you can do so on Questbook 2.0.

▪️ Whiterabbit wrote an article analyzing the history of TON mining. Read it whiterabbit_hq/ton-blockchain-a-group-of-related-whales-mined-85-of-ton-supply-2e3300cc93bc">here.

▪️ TON Blockchain won the “Developer Community of the Year” award at the international AIBC Awards Eurasia 2023. Read more.

▪️ DoraHacks published a roundup of 14 live events from Hack-a-TONx DoraHacks.

▪️ Noncustodial crypto wallet MathWallet, which has over 2 million users, added support for TON Network. Read more.

Subscribe and be the first to receive updates from The Open Network (TON) ecosystem.

TON Community

18 марта 2023 17:30

The Open Network (TON) Grants Program is supporting 5 promising projects for 2023 Q1 Round 1

The TON Grants Program, an ecosystem fund driving the development of TON Blockchain, has announced its latest set of successful grant applicants. These five projects are:

BitOk: A platform that helps crypto businesses, traders, and investors navigate AML and tax issues in a one-stop-shop solution. Join the community.

OpenMask: A browser extension wallet that supports Ledger hardware wallet integration for TON. Join the community.

FairJournal: A decentralized blogging platform for authors to publish without censorship, attract readers to TON Ecosystem, and receive support through donations and NFT sales.

Symbiosis: A cross-chain AMM DEX and interchain communication protocol that provides a simple UX, is fully decentralized, interoperable, and non-custodial, with limitless cross-chain liquidity. Join the community.

TonCap: A team of developers dedicated to enhancing jetton analytics and developing various locking contracts that provide a transparent and trustworthy way for locked jettons to be secure. Join the community.

We'd like to congratulate these projects and we are looking forward to seeing their progress! The application process is closed now, but TON Grants Program is welcoming proposals for later rounds in Q2.

TON Community

16 марта 2023 21:21

The Open Network (TON) wins AIBC Award for ‘Developer Community of the Year’

The Open Network (TON) has been awarded the "Developer Community of the Year" prize by the Artificial Intelligence and Blockchain Conference (AIBC), a conference series that focuses on blockchain, AI and other emerging technologies.

This award is a testament to our team's hard work and dedication to advancing the TON Ecosystem, and it highlights its exceptional contribution to the blockchain and AI industries. Congratulations!

TON Community

14 марта 2023 17:45

​The Open Network (TON) announces results of quarterly grant program for advancing growing ecosystem

Today, we’d like to share the results of TON Society’s most recent grant rewards program. Six outstanding projects have been chosen for their contribution to the development and growth of the TON ecosystem.

1. TON TLV Meetup: A community initiative that organizes events and workshops for TON enthusiasts and developers in Tel Aviv, Israel.

2. TON Link: A project that aims to improve the consensus mechanism of TON by implementing Proof-of-Stake (PoS) consensus features.

3. TON&Co. Platform: A platform that provides tools and resources for creating and deploying decentralized applications on TON.

4. Tonana: A dApp that enables cross-chain exchange of digital tokens with various wallet options.

5. TON Run: A homepage that aggregates and displays all the information related to the TON Adnl protocol and intranet, helping users navigate the decentralized landscape.

6. Rift: A project that simplifies interaction with TON Blockchain by offering easy contract deployment and testing options.

We'd like to congratulate these projects and we look forward to seeing more notable achievements and impact on the growing TON ecosystem.

TON Society accepts new grant applicants on a monthly basis. If you'd like to apply, find out more here.

TON Community

12 марта 2023 18:00

​Here are the most innovative tools for entrepreneurs, developers, and product creators building on TON

In this post, we've compiled a list of the most notable solutions to help you contribute to TON Ecosystem. Taking advantage of these resources for your TON project will help you streamline your development process and leverage a variety of innovative tools.

▪️ TON Grant Program:

Any open-source, TON-based project that benefits the wider ecosystem can apply for financial support through the official TON Grant Program.

Read more: ton.org/grants

▪️ The Open Challenge:

A rewards program for teams launching DeFi projects that increase the TVL (volume of locked funds) of TON Ecosystem.

Read more: https://ton.org/en/open-challenge

▪️ TON Footsteps:

TON Footsteps is a program designed to support open contributors, allowing you to either set tasks for the TON community that contribute to the development of the ecosystem, or complete tasks yourself and earn rewards.

Read more: https://github.com/ton-society/ton-footsteps

▪️ TON Sponsorship Program:

This program supports the organizers of useful events such as offline sessions, masterclasses, hackathons, educational programs, and more.

Read more: ton.org/sponsorships

▪️ Tonstarter Project Launchpad:

Tonstarter is a platform that provides support to teams at various stages of project development, including building tokenomics and partnerships, attracting investments from funds and investors, and launching and building a community of projects.

Read more: https://tonstarter.com/

▪️ GAGARIN Project Launchpad:

GAGARIN offers ambitious projects a variety of incubation tools and services.

Read more: https://ton.gagarin.world/app

▪️ First Stage Labs Venture Builder:

FSL is an investment firm that specializes in early-stage projects. They provide extensive expertise in high demand areas that are essential for the active growth and development of a company.

Read more: https://fslabs.io

▪️ TON Whales Project Accelerator:

TON Whales offers promising TON-based projects financial and expert support.

Read more: https://tonwhales.com/club/accelerator

▪️TON&Co. Education Platform:

TON&Co. regularly holds online technical Q&A meetings with leading experts from TON Ecosystem.

Read more: /channel/tonandcompany

▪️TON Answers Q&A Platform:

TON Answers is an online portal that functions similarly to the StackOverflow platform. It has a community of technical experts who are knowledgeable and available to answer any questions related to TON Blockchain.

Read more: https://answers.ton.org/

▪️ Tact Software Foundation:

Tact Software Foundation (TSF) is a new addition to TON Ecosystem, it is a non-profit organization that focuses on creating development tools. One of the main objectives of TSF is to promote the usage of the Tact smart contract programming language.

Read more: /channel/tondevnews

▪️ TonTech

TonTech is a non-profit organization that is solely dedicated to creating development tools and technical support for teams who are new to TON Ecosystem. One of their current projects is developing a framework called blueprint, which enables the development and testing of contracts.

Read more: /channel/thetontech

▪️ TON Community on GitHub

GitHub TON Community is a worldwide community of developers dedicated to enhancing TON Ecosystem and creating tools to utilize it. This community is an open organization that combines the efforts of various teams to achieve the common goal of building a user-friendly ecosystem for developers working on TON.

Read more: https://github.com/ton-community

TON Community

10 марта 2023 17:24

Hack-a-TON x DoraHacks: Live Event Report. Part 2.

The offline component may have ended, but the global Hack-a-TONx DoraHacks program with a $300,000 prize pool is still going. We would like to share with you some of the incredible results and photos from these live meetups of TON enthusiasts! Here are the stats:

▪️ 14 host countries
▪️ +80 teams and +600 participants from around the world
▪️+90 hours spent working on TON Ecosystem
▪️ +1,500 photos taken
▪️ +200 pizzas eaten!

Please check out our photo report from the last 10 countries (we covered the first 4 earlier in this post).

Thank you to all the live participants and organizers for making these events productive, efficient, and fun!

TON Community

08 марта 2023 20:41

Hack-a-TONx DoraHacks Update (7 Mar 2023):

- Total submissions: 169

- Total accepted BUIDLs: 93

- 10 Mar 2023 11:59PM GMT is the deadline for accepted BUIDLs to post a GitHub / GitLab link with either 1. open-source repo, or 2. closed-source w/ access to the 4 technical judges (see Judges section and names with *).
- 4 technical judges' GitHub / GitLab accounts will be posted on DoraHacks page by 8 Mar 2023 EOD.

- 17 Mar 2023 11:59PM GMT is the deadline for all final repo commits/changes.

- T-10 team announcement and BUIDL judging session times will be announced in the near future.

TON Community

06 марта 2023 21:37

📡 Most Common DeFi Terms

⚫️ As more decentralized exchanges become available on The Open Network, an increasing number of users are encountering various terms from the DeFi sector. To assist newcomers to TON, we have decided to investigate this topic.

⚫️ To start with, the main difference between decentralized exchanges and centralized ones is the absence of an intermediary in the form of any company (such as Binance or OKX). All transactions on DEX occur through a smart contract, which acts as a guarantor of the successful transaction.

⚫️ When discussing decentralized exchanges, we come across concepts such as liquidity and price impact. In contrast to conventional centralized exchanges, the price of tokens on a DEX is determined by the amount of tokens and TON available in the liquidity pool. For instance, if there are 10 TON and 100 MEGA tokens in the liquidity pool, the price of 1 MEGA would be 0.1 TON. Note: TON is not mandatory in trade pairs, so you can create pairs like BOLT/MEGA or AMBRA/BOLT.

⚫️ The token price on decentralized exchanges does not stand still — it changes after each transaction. Therefore, the larger the number of tokens present in the liquidity pool, the less impact transactions will have on the price. A month ago, Megaton.Finance was launched on TON Blockchain, which from the start became a leader in terms of the number of tokens in liquidity, or total value locked (TVL).

⚫️ We are eagerly waiting for the other exchanges on TON — DeDust.io, STON.fi — to catch up with their competitor and continue to develop the DeFi sector on The Open Network.

@thedailyton

TON Community

05 марта 2023 16:46

🏆TON has been nominated!

The Open Network has been nominated for two awards: “Blockchain Protocol of the Year” and “Developer Community of the Year” for the AIBC Eurasia Awards 2023.

The AIBC Eurasia Awards is a major event at the AIBC Eurasia conference, which hosts summits for the fields of artificial intelligence, blockchain technologies, and quantum computing. The awards are meant to promote the best representatives of these industries and draw attention to their achievements.

Let’s show the power of unity of our blockchain community and make our vote count😏

→ Vote for your favorite blockchain here

Your competitive @DeepTonEng