How DEX works: we buy, exchange and sell tokens

❕ Today we announce the launch of a new product - a convenient browser extension for our project.

It will allow you:

— Carry out trading operations quickly and safely.
— Manage your assets directly in your browser.
— Receive instant notifications about important market changes.
— Use advanced analytical tools to make informed decisions.

Installing the extension is simple and only takes a couple of clicks. To do this, follow the link.

✅ Your safety and convenience are our priority. Therefore, we tested the extension to ensure the best user experience.

Install the browser extension and start managing your assets even easier and faster.

⚡️ We would also like to inform you that the decentralized exchange has attracted the attention of the Traffic Devils arbitration team led by Alexander Slobozhenko.

They have taken projects under their wing, which opens up new perspectives and opportunities for you and me.

Join those who have already appreciated the benefits of our product.

✅ You can also study the article on how to buy cryptocurrency on our crypto exchange.

Alpha DEX Versions - Web3 & Tor

⚡️ We announce the launch of the alpha version of the decentralized exchange for the onion network .onion for Tor browsers and WEB3 version in TON Sites, working through TON Proxy.

Access to the exchange is provided through domains:

— Main website: http://tegro.ton

— Mirror: http://vybsnfsmkutpj4chb6qdr5r25jwgny2t64zmkscnewvjdyvd3ntigcu.adnl

— TOR: http://ksvr2ohm3erwayax4kxc4ml667hecjoyghe6wiziidofxrck2wp7pxid.onion

There are 2 functions available: exchange and liquidity management. We are working on expanding the functionality and will soon introduce more features.

❗️ Important: the exchange website will soon move to TON Storage. This will increase reliability and availability, ensuring performance even in extreme conditions.

How to access:

— For .onion sites you will need a Tor browser.

— To access .ton sites, you must install a browser extension that supports TON Sites, for example, MyTonWallet.

This year, a specialized TON Browser will also be available, the development of which is already included in the TON Foundation roadmap.

Team reboot and new project guidelines

❕ So, here are the key project updates that are worth highlighting:

— Renewed team: We have completely renewed the development team and strengthened development and marketing resources through cooperation with Traffic Devils, which guarantees the success of the project.

— Moving to commerce: The project is moving to a strict commercial strategy and full transparency, abandoning the informal approach. We have taken into account the lessons of the past and are ready for new achievements.

— Rebooting with version 2.0: The decentralized exchange has been updated to version 2.0. This means that there will be a new smart contract.

Thanks to it, a cashback function will appear: when exchanging or adding tokens to the liquidity pool, you will receive % back in the form of cashback in tokens.

— Introducing a new version of the token: There will be a new version of the $TGR token. It will be distinguished by non-standard technology and the ability to develop independently, even without being tied to the stock exchange or other products. The old version of the token will receive the “OLD” status.

Also, it will be possible to mine a token only with the help of Pow-givers based on the principle of cloud mining.

📈 The updates keep the project strong and ready for long-term success. We have truly updated our approach and this is a serious step that will affect the development of the ecosystem.

Enter Our Referral Race with a $50,000 Prize Pool

· Who doesn’t like a race with unlimited rewards? The rules to enter this one are simple – you refer friends successfully and we give you both $25 in BTC every time. Go on and set your charisma in motion and you might win up to $5,000 in TGR from our $50K prize pool, too.

Turn Your Charm into Crypto

➜ We have prepared a $50,000 prize pool and everyone with an active Tegro account can get on the fast track to making the most of this crypto opportunity. Here’s how to hang on to the lead:

1️⃣ Invite All: Send out your unique referral link to as many friends as you can.

2️⃣ Be a Good Sport: Navigate them through the process of registering and verifying their identity on the Tegro platform. It’s important to mention that they must sign up directly after opening your unique link. Explain that in order to get the referral bonus, they need to top up at least $100 in supported assets. The amount in their wallet has to remain above $100 for a 30-day period in order to get the $25 reward in BTC.

3️⃣ Set Your Goal Right: In order to enter our $50K prize pool, your referrals have to go through each step described above.

4️⃣ Stay on Track: Refer as many friends as you can until the promo end date on July 26.

5️⃣ Keep Up the Pace: Be active until the end of the promo period as every successful referral takes you a step closer to the ultimate prize.

6️⃣ Keep an Eye on the Prize: Check regularly whether you’re among the top 50 contestants and what tier have you reached. There will be multiple checkpoints throughout the whole period and the dates are as follows – June 15, June 30, and July 15.

What will happen to Tegro.Finance: development and prospects

Now the focus is on the question of what the future of our decentralized exchange on the TON blockchain is.

💡 Our team has developed powerful gaming applications and is now working on integrating them with the exchange to create a unique platform. You can read about how to buy a token on DEX here.

💵 We bought the source code of tegro.money — this is a payment system that has been working for 3 years and shows itself to be excellent: the site has never crashed, payments are successful.

Previously, we ourselves, as clients, tested it. Then we met the founder and decided to collaborate in other areas. As a result, they bought the source code.

🫶 We have completely redesigned the backend, while maintaining the familiar name and style.

There are a lot of interesting things ahead: new functionality of the exchange, improvements to the token and its utility. We will tell you about everything in a timely manner. For example, you can read about how to add cryptocurrency to the liquidity pool on a DEX in the article.

How to get cashback in cryptocurrency for payments

🫶 Now for every payment through Tegro Pay you will receive cashback in $TGR tokens.

Tokens are accumulated on your internal balance, available in your personal account: https://tegro.money/lk/login/.

📈 This makes using Tegro Pay not only convenient and safe, but also profitable, turning every transaction into an opportunity to earn cryptocurrency.

$TGR tokens can be used within the Tegro ecosystem or exchanged for other currencies on a decentralized exchange.

⚙️ This innovation underscores the goal of creating added value for users and simplifying interactions within the ecosystem.

Start receiving cashback today and discover new investment and cryptocurrency opportunities.

Why the exchange closed: debriefing and team mistakes

In the process of developing a decentralized exchange, we encountered a number of challenges that affected our work. We have deeply studied each of the cases to understand the causes of the problems and develop measures to prevent them in the future.

Below we examine in detail the key errors, their causes and the actions we are taking to ensure that this does not happen again.

🔹 Mistake #1: Weaknesses in smart contracts

What happened: Bugs in smart contracts for DEX and staking led to delays in delivering promised functionality.

Why it happened: There was no proper level of verification and testing, as well as a lack of experience in the development team. The developer who promised to implement staking at one time never did so. And he left the team.

Prevention measures: We have strengthened the team with experts in blockchain and smart contracts, and introduced strict auditing and testing processes at all stages of development.

🔹 Mistake #2: Internal conflicts

What happened: Internal conflicts and changes in team composition led to a slowdown in development and loss of focus on key tasks.

Why it happened: Insufficiently clear management and communication structure within the team.

Prevention measures: Implemented a new management structure with clear roles and responsibilities, improved internal communication and established conflict resolution rules. The team takes the project much more seriously, and not as a hobby, as it was initially.

🔹 Mistake #3: Problems with liquidity and token price

What happened: An unexpected sale of tokens by bloggers caused a sharp drop in the rate and problems with liquidity.

Why it happened: Failure to fulfill agreements with bloggers and insufficient risk management.

Prevention measures: We revised the approach to cooperation with bloggers, including long-term terms of cooperation and mechanisms for stabilizing the market.

🔹 Mistake #4: Not attracting enough investors

What happened: Limited budget due to lack of external investment limited opportunities for growth and development.

Why it happened: Insufficiently active work with investors and focus on the technical side of the project.

Prevention measures: We intensified work with potential investors and partners, developed attractive proposals for investment and strengthening our financial position.

❗️ We recognize that community trust is an asset that must be protected. The measures taken are aimed not only at correcting the mistakes made, but also at creating a solid foundation for the future development and prosperity of the exchange.

Your support and understanding are extremely important to us on this journey, and we thank you for it. The team has really undergone dramatic changes, the project has become technically more powerful and mature.

DEX 2.0 will be the starting point to the serious, highly profitable and secure product that we have always envisioned the exchange to be.

The TGR cryptocurrency rate has increased 10 times

🔼 The popularization of the token and the proper approach are not in vain: the TGR rate on the decentralized exchange has jumped 10 times per day.

According to certain calculations and analytics, further growth is quite likely, albeit with an inevitable correction.

❕ The token will definitely develop, appear on new crypto exchanges and other platforms, find more and more applications and become recognizable to users.

This is why further growth in the rate is likely, because the more useful an asset becomes, the more valuable it is in the eyes of the audience.

⚡️ Let's see what rate TGR will be fixed at by the end of 2024. You can share your guesses in the comments.

Grand Spring Contest on DEX

💵 We're excited to announce the "Best DEX Trader" contest on DEX with a prize pool of $5000.

This presents a unique opportunity to showcase your trading skills and strategies in cryptocurrency and win a great prize.

— Trade Freely: Participants can trade any assets available on the platform. Explore various strategies to find the most profitable route to success.

— Minimum Threshold: Your account must have a minimum balance of $100 or its equivalent in other cryptocurrencies to participate.

— Volume Goal: To qualify for prizes, your trading volume must exceed $6,000.

🤑 The ten most successful traders with the highest trading volume will each receive $500 in cryptocurrency.

Starts: April 9, 2024.
Ends: May 9, 2024.

Insider tip: The exchange can also be accessed through a browser extension, which greatly simplifies working with DEX.

This contest offers a chance to win a prize, practice trading, and make your mark within the community.

🕯 Trade on DEX and join our like-minded community chat to be among the lucky contest winners.

NFT and two-level affiliate program

❗️ There were questions regarding NFTs, we give a clear answer: we have introduced a unique system, thanks to which NFT owners will receive additional benefits and bonuses.

Let's figure out how it works:

✨ Bonus for each NFT: For each NFT from the affiliate collection that you own, a bonus is awarded, enhancing your participation in the affiliate program.

✨ Maximum Boost: By collecting 10 NFTs, you reach the maximum bonus, which significantly increases the benefits.

✨ Collection Exclusivity: Bonuses count for NFTs of up to five collections.

✨ Referral bonus increase: For each NFT, the referral bonus increases by 10%. If you have 10 NFTs, the first level bonus will be 40% of the exchange commission (20% base + 100% (10 NFT × 10%) of the base). The second level bonus will be 8% (4% base + 100% of base).

With the new two-level affiliate program, you will receive increased bonuses for transactions of friends who registered using your referral link: https://tegro.finance/referrals

We invite you to take advantage of the improved DEX affiliate program, where the conditions are as pleasant as possible. Don't miss the chance to improve your DEX presence and get exclusive bonuses thanks to NFTs.

Update: Exchange extension and application

🖥 We are trying to take into account all your wishes, for example, we have updated the browser extension, which makes it easier to access trading operations.

📱 And that is not all. What is a modern product without a mobile application? We took care of everyone at once, so you can choose from:

🔹 Download DEX from Google Play

iPhone fans, don't scold me. There will be an application on your operating system, but not now.

🚀 The crypto exchange guarantees high speed, transaction security and convenient access to assets, this is a priority.

Install, download, use for your health.

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⚡️ Our team will get to TOKEN2049

🤑 The TOKEN2049 crypto exhibition will take place on April 18-19 in Dubai. Speakers include Pavel Durov and CEO of Binance. Do you understand the level?

We will also be present. We hope to get exclusive first-hand insights.

It is quite possible that there will be an announcement of TON listing on Binance, we will not be surprised. But the fact that Durov is preparing something interesting is a fact. We'll definitely tell you, you just have to wait.

👀 Follow us so you don't miss any insider information. It will be great if you can ask Durov questions about the ecosystem :)

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🔥 Staking appeared on the exchange

We have worked to make staking on DEX convenient and profitable. It wasn't easy, but we did it 😎

Here's how staking works:

☑️ Available cryptocurrencies: You can stake TON, TGR, jUSDT or jUSDC.

☑️ Blocking period: Choose from 30 to 270 days. The longer the period, the higher the percentage.

☑️ Double interest: Double interest in the first 3 months after launch.

☑️ NFT Bonus: Increase your interest rate by owning NFTs of affiliate collections . Each NFT adds 2% to the base rate, up to a maximum of 10 NFTs. With 10 NFTs and a base rate of 5%, the final rate will be 6% (5% + 20% of 5).

☑️ Daily Rewards: Rewards are awarded daily at 12:00 UTC.

☑️ Early withdrawal: You can withdraw funds early with a commission of 2% to 5%, depending on the cryptocurrency.

🤑 Attention: Early withdrawal is not possible for TON.

We bring everything that was planned to life. The team is charged and everything is going well. Further more⌨️

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Added extension for Firefox browser

🦊 Guys, those who use the Mozilla Firefox browser - a new update from the team is for you. You can now install DEX as an extension for the Firefox browser .

❓ Why the extension: you can manage assets and monitor the market right in the Firefox browser, without being distracted by a website or application. The extension guarantees security and speed of market access.

And don't forget that similar is available extension for Google Chrome 🌐

How to start using:

🔹 Open Firefox Add-ons or Chrome Web Store
🔹 Find our extension and install it
🔹 Start trading comfortably

We try, use, trade, earn 🥳

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💎 New Utility: Earn 25% of all transactions from the ecosystem

💰 Now every owner of partner NFT collections is included in the quarterly giveaway!

25% of the ecosystem’s income, including from staking, farming, and the liquidity pool, will go to holders of NFT collections:

▪️ Cat Metaverse
▪️ Dog Metaverse
▪️Meta Panthers

If you want to be among them: pick up NFTs on the market and get maximum bonuses from the platform.

“Where does the other 75% of income go?”

You will find a hint in this post .

❕ We will give a detailed answer very soon, turn on notifications and follow the publications.

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The Exchange Token is Now on CoinGecko

✅ You can now explore our platform’s cryptocurrency on CoinGecko. We're excited to share this milestone with you!

We are currently working on implementing new features. We've already rolled out one – staking on the exchange: https://tegro.finance/staking

The demand for the token and the exchange is expected to grow.

📌 Take a look at the new functionality we've implemented. We worked day and night to provide not just an MVP but a fully functional tool.

🫶 Stay tuned for updates to keep up with news about the token and the crypto exchange.

Exchange | Payments | App | Plugin
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