💎 News Index for May 2023

🔹TON joining Giottos
🔹Fragment moves 50,000,000 TON to a new wallet
🔹Listing in Brazil
🔹TON Foundation x Chainalysis
🔹Mooli now supports TON
🔹TON in Trust Wallet
🔹Staking in Tonkeeper
🔹TON is listed on Changelly!
🔹Exclusive from the BIT x TON event
🔹TON's partnership with BIT
🔹Short animation starring TON
🔹Trust Wallet Guide
🔹Mask invests in TON
🔹Bridges and wrapped tokens
🔹TON Accelerator to give out up to $25 million
🔹TON & FingerLabs
🔹TON listed on BitForex
🔹Concept from Ammer Card
🔹TON Ambassador program
🔹TON & Cypherock X1
🔹Another TON listing: Flitpay!
🔹Liquidity mining campaign
🔹TON is now on Rubic

🔥TON burning mechanism

TON Community has proposed a mechanism to burn 50% of all transaction fees, similar to the EIP-1559 update on Ethereum.

“Even though the initial impact seems small at first, estimated at about 350-400 TON per day, the effect will increase significantly over time, leading to noticeable deflation,” commented Kirill Emelianenko, Technical Director of TON.

Discussions are currently underway, and the proposal must be approved by a majority of TON validators in order to be implemented.

If both the validators and the community are on board with this mechanism, part of the tokens will be burned during transactions, and the remaining commission will go to the validator as usual.

Your deflationary @DeepTonEng

🗳Voting on the deflationary mechanism has begun

The TON community has proposed burning 50% of all transaction fees, including storage fees, in order to reduce the turnover supply.

TON validators have two sources of income: transaction fees from users and new coins issued for each processed block. The deflationary mechanism will affect only transaction and storage fees, while the number of newly issued coins will remain the same.

→ Take part in the voting here
→ Learn more about the deflationary mechanism

Voting ends on June 13th, after which TON validators will start their vote on June 15th.

The changes will be implemented if at least 70% of all TON validators vote in favor of the proposal.

Your electoral @DeepTonEng

💊TON liquidity mining in action

Remember the recent launch of a liquidity mining campaign?

As part of this event, the TON Foundation has assigned $720k to be evenly distributed among three DEXs. Let’s take a closer look.

🏜DeDust: participants will receive rewards according to their share in the pool and the duration of their commitment to liquidity supply. (FAQ)

Trading pairs & annual interest rate:
TON/jUSDT: 200% APR
TON/jWBTC: 292% APR
TON/jUSDC: 287% APR

- Exchange commission for the three pairs is 0.4%
- Funds can be withdrawn at any time
- Whether interest will be paid at the end of the campaign or when profitability will be assessed is yet to be determined


🪙STON.fi: gives participants the opportunity to mine TON to provide liquidity and collect rewards. (FAQ)

Trading pairs with compound percentages:
TON/jUSDT: 112% APY
TON/jWBTC: 240% APY
TON/jUSDC: 220% APY

- The exchange commission for the above pairs is 0.3%
- Withdrawal of funds is subject to a 14-day hold
- Income from mining can be withdrawn and put into circulation at any time after paying the network commission
- Similar situation as to determining the profitability and how it may change


💎Megaton Finance: users can start participating in airdrops from as low as $1 to receive exchange tokens and other rewards. (FAQ)

Trading pairs & annual interest rate:
WTON+jWBTC: 31.70% APR
jUSDT+WTON: 14.70% APR
jUSDC+WTON: 12.58% APR

- High commission fees (it costs ~1.4 TON to make two transactions)
- Funds can be withdrawn at any time
- Possible to claim and reinvest exchange tokens
- Animation of the project token accrual
- Not suitable for beginners


❗️Mind the difference between APR and APY
The Annual percentage yield (APY) takes into account interest accrued quarterly, monthly, weekly or daily, while the annual percentage rate (APR) does not.

Your banker @tonpost

📉Morning dump

This morning TON got hammered down to $1.23, and some used this opportunity to load up on TON for almost $1.

Apparently, speculators whiplashed to strengthen their position against a generally weak market.

The drop in value by more than 20% occurred in a matter of a few hours.

At the moment, TON has already returned to the $1.45 mark. What’s your take on this situation? Let us know in the comments.

Your dumper @tonpost

✅At last, verified on Twitter!

TON’s official Twitter account has received the 'verified' check mark, thereby recognizing it as an official organization on that platform.

We welcome everyone who has not subscribed yet to join @ton_blockchain.

Your verified @tonpost

❌TON not included on the SEC list

You may see some rumors spread in the media about TON (The Open Network) being designated as a security by the SEC, but this is false.

In the list of 54 cryptocurrencies, the SEC included Telegram’s Gram, (or Telegram Open Network) which is not related to the TON token as we know it, and does not have the same name nor the same logo.

We encourage you to review this article on CoinTelegraph containing the list of the 54 cryptocurrencies recognized by the SEC as securities.

Your detective @tonpost

🤔New wallet addresses

TON blockchain is considering updating its address format for the improved security and convenience of inexperienced users. The proposal includes adding recommendations and minor modifications to the address format to prevent users from losing their funds in case of a mistake.

TON team invites all developers to join the discussion on the new address format. The proposal mainly focuses on backward compatible changes, but all other suggestions, including more radical ones, are welcome.

This proposal is part of TON's overall goal to foster mass adoption of blockchain technology. By increasing user convenience and security, TON attracts more individuals and businesses to its platform.

→ Join the discussion

Your addressee @tonpost

🧢Getting ahead of major players

TON now ranks 14th on CoinMarketCap, overtaking several popular crypto networks.

CoinMarketCap assessed the blockchain’s total circulating supply at almost 3.5 billion TON.

The market capitalization of The Open Network, at the time of writing, is $4.9 billion.

Your capitalizing @tonpost

🍳TON Breakfast in Moscow

TON Breakfast is becoming a trend. This kind of TON Community gatherings have already been held in Rostov-on-Don, Prague, Batumi, and other cities around the globe. And now, the event will take place in Moscow.

📍June 25th, 2023, at 12:00 PM Moscow time Moscow, Mytnaya Street, 1, "Hinkalnaya," 2nd floor. Keep in mind that this will be the day when the restrictions imposed by the SEC on Telegram will be lifted.

The event will take place in a friendly environment among like-minded and progressive individuals.

Topics to be discussed:
- Face-to-face meet-up: people of TON
- Blockchain: future and reality
- Anonymous numbers and usernames
- TON and 700 million Telegram users
- Unique NFT drops
- Networking

We look forward to meeting everyone in person, including those who are interested in 🔒TON, those who are already coding, working on projects, or just exploring it.

If you are a project founder and would like to speak, please contact @yogasolovey / @vardexxx.

@DeepTonEng himself is directly involved in this event, so make sure to join in!

🔥The deflationary mechanism has been implemented

TON has officially adopted a new deflationary mechanism that will burn 50% of all transaction fees.

Since then, already more than 1000 TON has been burned.

On June 17th, TON validators voted to introduce a new mechanism to burn half of the TON transaction commissions in real-time. By the end, 76.3% have voted in favor of this proposal. The mechanism was launched immediately after, and the burning will continue indefinitely.

"You have been part of a historic moment in The Open Network", said TON Community.

How much do you think this will affect TON in the future?

Your implementer @tonpost

👛Sender Wallet supports TON

The non-custodial Sender wallet announced adding support for TON.

Sender is a multichain wallet based on the NEAR blockchain. The wallet is compatible with both Ledger and Keystone hardware wallets.

In addition, it integrates three well-known fiat-to-crypto providers: Moonpay, Banxa and Transak. This enables its users to purchase cryptocurrency in more than 140 countries.

Your provider @tonpost

📆3 days left before TON Breakfast

Free admission for everyone! Besides, anyone will be welcome to speak and express their opinion on any TON-related topic. Please inform us in advance if you plan to attend or speak by filling out this form.

The event will be held in a friendly environment among like-minded and curious individuals.

📍June 25th, 2023, at 12:00 PM MSK
"Hinkalnaya," 2nd floor, 1 Mytnaya str., Moscow.

❤️A kind reminder that this will also be the day when the SEC will lift its restrictions imposed on Telegram.

Topics to be discussed at the meeting:
- Face-to-face meet-up: people of TON
- Blockchain: future and reality
- Anonymous numbers and usernames
- TON and 700 million Telegram users
- Unique NFT drops
- Networking

We look forward to meeting developers, project founders and other like-minded people!

→Don't forget to fill out the form

Your networker @tonpost

✨TON partners up with the event aggregator Oveit

Oveit announced on Twitter the beginning of a collaboration with the TON blockchain.

Oveit will deploy the sales protocol of its NFT tickets on TON. This will give it access to a reliable infrastructure for the distribution of tickets and the minting of NFT collectibles.

Another notable advantage of this partnership is the distribution of NFT tickets through the Telegram app.

Using just the NFT ticket, participants can join the chat of a specific event to communicate and meet with like-minded people, creating connections between visitors.

Oveit is an event technology company headquartered in Austin, Texas, USA.
It is also developing cashless payments for events, venues and hotels.

Your detector @tonpost

🔥TON Breakfast is tomorrow

Tomorrow at 12:00 MSK, TON Breakfast will take place in Moscow at "Khinkalnaya", 1 ul. Mytnaya, 2nd floor. It will be attended by enthusiasts, project owners, developers and everyone interested in the TON blockchain.

In case of any change of plans, please let us know in the comments.

Admission is free for everyone! At the meeting, anyone can speak within the framework of the topic TON. Please inform us in advance of your desire to attend the meeting or speak by filling out this form.

❗️In light of recent events, we recommend carrying your passport.

We look forward to meeting like-minded people, developers, project founders and more!

→ Don't forget to fill out the form
→ Discussion topics at the meeting

See you tomorrow, @tonpost

👛The day has come!

Today is the last day when Telegram Group Inc. and TON Issuer Inc. are obliged to notify the SEC about activities related to the issuance of digital assets.

We expect tighter integration of The Open Network with Telegram and a surge in Web3 development.

Along with the restrictions lifted off Gram (Telegram Open Network) and the lock-up period on STON.fi expiring, the price of TON rose up to $1.49.

In addition, on August 14, Telegram will turn 10 years old, which means that we might get some sweet updates.

Also, don’t forget that we are expecting decentralized tools from Telegram in the future, as mentioned earlier by Pavel Durov.

Your no-stress @tonpost