We are proud to introduce our comprehensive product suite designed to empower Telegram developers operating within the #TON ecosystem:

♾ @PixelSwap_io - The First Modular Decentralized Exchange on TON.
Leveraging a diverse array of sophisticated algorithms, PixelSwap supports a wide range of trading models, including weighted pool, LBP, and more, enabling a seamless and efficient decentralized trading experience.

🌐 PixelWallet - SMC Wallet with Advanced Account Abstraction Capabilities.
PixelWallet equips users with the ability to seamlessly interact with decentralized applications and the broader LayerPixel ecosystem through its innovative Account Abstraction feature.

🌀 Pixacle - The Decentralized Oracle for the TON Blockchain.
Pixacle, our decentralized oracle solution, delivers fast and accurate price data to decentralized applications and smart contracts within the LayerPixel ecosystem, ensuring the reliability of on-chain data.

We are thrilled to announce the official LayerPixel website has undergone an exciting transformation, evolving into your premier gateway to the world of #DeFi on the TON Blockchain.

💎 Explore the introduction of our cutting-edge technologies and innovative products including @PixelSwap_io, PixelWallet, and Pixacle. Dive deep into the comprehensive LayerPixel ecosystem - all strategically designed to empower Telegram Mini App developers.

But the excitement doesn't stop there! Uncover a mysterious entry on our website and stay tuned as we unveil more captivating details in the near future. 🤫

🔗 Let's put DeFi into everyone's pocket: https://layerpixel.io

#PixelSwap101: The First DEX with Weighted Pools on TON.

Weighted Pools are liquidity pools used in Decentralized Exchanges (DEXs) that enable users to create pools with custom weightings for different assets. Why use it? 3 key benefits:

• Minimize Investment Risk.
Impermanent Loss (IL) occurs when an asset’s value fluctuates due to external market changes, which is common in rapid-growing ecosystems like TON. This change isn’t realized within a liquidity pool until the asset is withdrawn, as its price can revert to its original value. Using weighted pools can mitigate IL. Pools that heavily weight one asset over another (95/5) experience significantly less IL compared to pools with equal weightings (50/50).

• Activate Your Idle Crypto Assets.
Using a weighted pool allows users to create/join a pool with different assets in a variety of weighted combinations, which allows users to align more closely with their desired portfolio allocations and without fees to 3rd Party.

• Dynamic Swap Fees.
Weighted pools can adjust swap fees to match market demands, optimizing payments to liquidity providers based on current conditions. This flexibility allows for higher fees during market volatility and lower fees during high-competition periods, benefiting providers and traders.

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More: Twitter | Official Website | Chat

🎮 Introducing the Transformative Game of Dawn Dashboard - Your Portal to the Thriving #LayerPixel Gaming Ecosystem.

Strategically designed to drive mass Web3 adoption, the Game of Dawn Campaign features a thoughtfully structured decreasing $LPX points reward model for sustainable long-term user participation.

💎 Users could able to explore the Dashboard for Total $LPX Points Distributed, Participating Players, Decreasing Reward Countdown & Strategic Partnerships.
🔗 Discover now: https://layerpixel.io/dashboard
🤖 Check your points details: @layerpixel_bot

This innovative model incentivizes both Web3 enthusiasts and newcomers to experience the convergence of gaming and DeFi, ushering in a user-centric Web3 future.

🫂 We cordially invite you to join us on this transformative journey.The future is here, and it has never been brighter

We are eager to introduce our essential partner @Bot_Gameyard, a game matrix publishing platform built on the TON ecosystem, committed to fostering Telegram’s game ecosystem and cultivating an open Web3 player community.

🔍 What Should Web3.0 Gaming Look Like?
This is a question that has been on our minds since the GameFi surge in 2019. With the seamless integration of Telegram and #TON, we believe we may have found a new perspective.

The Open Network, as an asynchronous shard chain, presents a substantial developmental threshold. We aim to be a part of this pioneering change, and #LayerPixel is our proposal to the future. Consequently, we’ve initiated the Game of Dawn campaign, incentivizing active Web 2 users to migrate to Web 3 through LPX points.

🎮 Currently, Bot Gameyard has integrated "Almost A HERO" and "ISEKAI Adventure" with #GameOfDawn campaign.

📖 Discover more about the partnership details, and our letter to the TON ecosystem: https://link.medium.com/GQrv2Q8JuLb

#PixelSwap101: The First Modular & Upgradeable DEX on TON.

Modularity enhances blockchain speed and scalability by methods such as storing transaction data off-chain and keeping only proofs on-chain.

Why is modular DEX the future?
DEX innovation will be propelled by specialization across each layer of the stack, rather than merely focusing on the end-user experience. This represents a process that develops from the inside out. Then what are the benefits?

🔹 Modular architecture enables projects to select the most efficient pricing models, resulting in lower fees for users and significantly improved capital efficiency for projects. With a Modular DEX, projects can achieve capital efficiency that even surpasses that of CEXs.

🔹 Modular architecture enables stronger adaptability and development efficiency with its upgradable features and customizable settings such as swapping curves and gas fees. As time progresses, most of the functions and performance of DEX can be further improved more easily.

🔹 Innovations in the whole modular field are advancing rapidly, and the integration and collaboration between technologies will continue to bring more positive externalities to the optimization of the modular DEX experience.

Recently, LayerPixel successfully closed a $2 million seed funding round led by Kenetic Capital, with participation from Waterdrip Capital, Foresight Venture, VentureSouq, Web3Port Foundation, Microcosm Research, and TMM Club, as well as dozens of angel investors. This funding will help LayerPixel accelerate the development and integration of its suite of DeFi solutions within the Telegram Mini App ecosystem.

As a TON-based DeFi solution, LayerPixel is poised to revolutionize the way users interact with decentralized finance within the Telegram environment. By providing an all-in-one platform, complete with an intuitive wallet - PixelWallet, a powerful DEX - PixelSwap, and a reliable oracle - Pixacle, LayerPixel aims to make blockchain-powered finance accessible to everyone within the TON ecosystem.

We would like to extend our sincere gratitude to all our supporters for their trust and belief in our vision. Leveraging a modular architecture, LayerPixel will overcome the asynchronous limitations of TON while harnessing its sharding benefits.

🔗 Learn more about the partnerships: https://medium.com/@LayerPixel_io/layerpixel-secures-2-million-in-seed-funding-to-drive-defi-innovation-on-the-ton-blockchain-1bcc250ee6ce

#PixelSwap101: What is an Atomic Swap?

Atomic swaps, a.k.a Hashed Timelock Contracts Protocols, enable peer-to-peer exchanges of crypto assets across separate blockchain networks. They operate using a “virtual vault” in the form of a time-bound smart contract, which ensures that funds can only be released when both parties fulfill their obligations by depositing the correct amounts of assets.

The term “atomic” or “atomicity” comes from software development, referring to transactions that must either be completed fully or not at all. In the context of atomic swaps, this means the exchange will only occur if all necessary token deposits are made by the users involved. If any participant does not comply, the transaction is canceled, and all parties are refunded their assets.

Why is it important in the development of the #TON ecosystem?

While decentralized, most blockchains were not originally built to communicate with one another, creating a divide and isolating assets on separate networks. The principle behind atomic swaps is similar to the trustless Bitcoin bridge announced by the TON Foundation, allowing asset holders from other networks to engage in DeFi activities on TON without compromising the security of their original assets. Infrastructures like atomic swaps are crucial for bridging these gaps and will greatly contribute to the further prosperity of the TON ecosystem.

#PixelSwap101 Why is “permissionless” considered a golden rule for DEXs?

“Permissionless” is fundamental to DEXs as it allows anyone to trade freely without requiring approval or permission from a third party. This decentralized approach safeguards user privacy and freedom while minimizing the risks of censorship and restrictions commonly encountered in centralization.

Without it, you have only little real control of your assets, and the following risks associated with centralization will devour you:
- Single Point of Failure: CEXs rely on centralized servers and infrastructure, which can cripple the platform if they fail or are attacked, preventing users from accessing their assets.
- Regulatory Risks: CEXs may face compliance requirements and scrutiny from governments and regulatory bodies, potentially leading to asset freezes or platform shutdowns.
- Security Risks, Privacy Risks, Operational Risks, and Market Manipulation Risks, etc.

To be fair, DEXs still have significant room for improvement, particularly in addressing the high risks associated with reliance on smart contract code.

However, through our relentless efforts, PixelSwap now stands as a 100% permissionless DEX built on the TON blockchain, promoting absolute decentralization, non-custodial trading, and transparency, while significantly minimizing these risks.

#PixelSwap101: Where is the DEX experience on TON headed?

Looking at the entire crypto ecosystem, Uniswaphas consistently been a pioneer since 2018, and it remains the benchmark and major influence for all DEXs. There is still much to learn from its advancements. The pattern of following in Uniswap’s footsteps has been the evolutionary path for all DEXs including those on TON, as it is the simplest business model.

However, the current DEX experience on TON isn’t as fully developed as Uniswap. While it’s well-known that TON has tremendous social potential, there has been little product adaptation to its unique social ecosystem beyond basic Telegram Bot functionalities.

We believe a key direction moving forward is to seamlessly integrate with Telegram, offering users an ultra-smooth experience. This integration can add greater meaning to swaps, such as enhancing social interactions and supporting community clustering. We think DEXs on TON need to seriously address this and work towards creating a unique DEX that fuels TON’s further development.

This is exactly what @PixelSwap_io is aiming to achieve.

#PixelSwap101 What is Routing in DEX?
In the context of a DEX, routing is crucial for determining the optimal path for token swaps. It acts as a decision-making engine that evaluates various liquidity pools and trading pairs to ensure the most efficient trade execution.

What Does a Smart Routing Offer?
- Best Price: Finds optimal paths through liquidity pools to deliver the most favorable swap rates.
- Lower Slippage: Identifies efficient routes to minimize the price impact of large trades, reducing slippage.
- Deeper Liquidity: Pools liquidity from multiple sources, including various DEXs, to offer deeper liquidity and better pricing.
- Higher Speed: Handles a high volume of transactions swiftly, reducing delays and ensuring a seamless user experience.

In summary, routing is a crucial element of DEXs, essential for optimizing trades, enhancing liquidity, and providing competitive rates.
At @PixelSwap_io, we delve deeply into advanced techniques such as successive shortest path, minimum cost flow, and convex optimization to power our Smart Routing Innovation.
As the DeFi landscape evolves with continuous innovations, we are committed to delivering increasingly efficient and user-friendly trading experiences.

#PixelSwap101 Quick Data - How has the potential of TON DEX been explored?

Let's Compare some quick data between TONand 2 mature DEX ecosystems - Ethereum and Solana, in billions of USD:
• Native Token 24H Volume - Toncoin 0.23 | Ether 12 | SOL 1.7
• DEX 24H Volume - TON 0.02 | Ethereum 1.88 | Solana 0.89

If we divide the latter by the former, we’ll find that TON’s results are significantly lower. This indicates that the potential of TON DEX has not yet been fully realized or matured and the exciting journey is just about to begin.

By providing advanced DEX infrastructure and user-friendly features, @PixelSwap_io will quickly propel TON DEX into the next growth stage.

Data Source: DexScreener & CoinMarketCap

The #DigitalResistance is now. #FREEDUROV.

#PixelSwap101 How Do AMM & Liquidity Pools Work?

Automated market makers (AMMs) have revolutionized on-chain trading by eliminating the need for a traditional order book. Unlike conventional exchanges where traders need a direct counterparty to execute trades, AMMs enable seamless trading on token pairs, even those that would typically suffer from low liquidity on order book exchanges. The key to this system is the liquidity pool—a collection of funds supplied by liquidity providers and locked into a smart contract.

Think of an order book exchange as peer-to-peer while trading on an AMM as peer-to-contract. When trading on an AMM, you’re not dealing with another individual but interacting with the liquidity in the pool. As long as the pool has sufficient liquidity, your trade can go through without needing a seller. For instance, buying $DOGS on a DEX isn’t a direct transaction with a seller. Instead, an algorithm in the pool manages the trade, setting prices and executing based on the pool’s liquidity.

While liquidity providers supply the funds you’re trading against, they aren’t acting as direct counterparts like in order book models. Instead, you’re engaging with the smart contract governing the pool, offering a distinct trading experience.

#PixelSwap101 What is Capital Efficiency?

People talk too much about TVL(Total Value Locked) while another important force has always been overlooked - Capital Efficiency. This concept refers to how effectively capital is being utilized to generate returns or output. If liquidity is the lifeblood of DeFi, capital efficiency is the heartbeat, driving how productively assets are deployed.

When evaluating the efficiency of DEXs, the key metric to watch is Liquidity Turnover Ratio (LTR) = Trading Volume (24hr)/TVL.

This ratio indicates how much trading volume is generated for every dollar of liquidity locked in the protocol. A DEX with higher capital efficiency achieves more trading volume with less liquidity, and vice versa.

Imagine a DEX with good capital efficiency like a well-oiled machine, where every moving part is optimized to generate maximum output with minimal effort. In contrast, an inefficient DEX is like a rusty old one, wasting fuel for poor performance. As decentralized exchanges continue to evolve, capital efficiency is now the driving force that’s redefining the competitive dynamics in the space.

✨ We know you have been waiting for PixelSwap for a long time, but to ensure your security and provide a better experience, we are still conducting further testing.

💎 However, we would like to introduce the PixelSwap v0.8 Beta version is now LIVE. We will continue to release new features, so the v0.8 version is simply for you to preview our modular design and architecture.

In PixelSwap v0.8, you can experience:
- Creating and depositing into the funding wallet (account abstraction wallet)
- Swapping with the connected wallet and funding wallet
- Variable transaction fees for different trading pairs
- Depositing and withdrawing liquidity
🔗 All at: https://pixelswap.io

🔍 You might be wondering why we designed the funding wallet. This is because we are using a separate settlement layer design, which allows us to support atomic swaps and enable interoperability between #DeFi protocols on #TON.

🤔What’s next? In PixelSwap v0.9, we will introduce the weighted pool swapping curve. We are running some final tests here, so sit tight - it's coming shortly. Your safety is our top priority.

The evolution of decentralized finance has profoundly reshaped the blockchain landscape, flourished during the "DeFi Summer." However, as the synchronous model revealed scalability and cost limitations, new blockchain architectures like asynchronous blockchains began to emerge.

💎 Asynchronous blockchains like TON Blockchain, offer enhanced scalability through parallel processing and distributed state management but introduce complexities in transaction atomicity and composability.

In recent months, the TON ecosystem has witnessed explosive growth, highlighted by the rise of projects like $NOT, $DOGS, and $HMSTR. This surge has reportedly brought millions of new users, marking a significant milestone in mass adoption.

While user numbers have skyrocketed, the total value locked (TVL) remains surprisingly low, and the emergence of robust #DeFi protocols is still in its infancy. This disparity raises concerns about user engagement and highlights the gaps in TON's infrastructure.

How can we pave the way for a more dynamic DeFi ecosystem on #TON?
♾ @PixelSwap_io provides powerful solutions to these challenges.

In our latest article, we will explore the historical context of DeFi, the shift to asynchronous blockchains, delve into Atomic Swap, and examine how LayerPixel & PixelSwap seek to address the challenges faced by developers on the TON blockchain.

📖 Read it now:
https://medium.com/@LayerPixel_io/from-mini-game-to-defi-what-are-we-lacking-on-ton-5f36ed12500f

🛡️ In the ever-evolving world of #DeFi, security is a paramount concern. Recent incidents highlight the inherent risks associated with various projects.

💎 At #LayerPixel, we recognize that security threats require proactive measures. Our strategy is built on comprehensive risk management and rigorous auditing practices. By collaborating with top auditing firms, we can swiftly identify risks and implement preventive measures to protect our users' assets. To showcase our commitment to security, we will publicly share our audit reports after each evaluation. Stay tuned for updates!

⚡️ While our transaction fees on @PixelSwap_io may be slightly higher at current v0.8 Beta version, this reflects our investment in advanced security infrastructure. We're also exploring ways to optimize our fee structure for a balance between security and affordability.

🤝 Community involvement is vital for enhancing security. Soon, we'll launch a Bug Bounty Program, inviting security experts to rigorously test our systems.

As we move forward, LayerPixel aims to create a trusted environment where users can confidently engage with our platform, setting a standard of reliability and transparency in the #TON ecosystem.

📖 Read the full article about "LayerPixel's Approach to Security" here 👈

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Official Links
🔹LayerPixel: Homepage | Twitter | Channel | Community | Medium | Bot
🔹PixelSwap : Homepage | Twitter | Channel | SWAP | Pool
🔹PixelDAO : Twitter | Forum | Chat Group