The first IDO on TON with a listing on STON.fi
In a few weeks, the first ever IDO in TON of $FNZ token from the Fanzee project will take place on the Tonstarter Launchpad.
After distributing allocations to early investors with the opportunity to purchase tokens, $FNZ will be listed on DEX STON.fi and thus become the first token to be listed on our exchange.
In the following posts, we will introduce you to the Fanzee project.
We would like to mention that our smart contracts are ready and waiting to be audited to ensure that there are no vulnerabilities that could threaten our users. Security of interaction with our platform is a priority for us.
Stay tuned so you do not miss anything!
In a few weeks, the first ever IDO in TON of $FNZ token from the Fanzee project will take place on the Tonstarter Launchpad.
After distributing allocations to early investors with the opportunity to purchase tokens, $FNZ will be listed on DEX STON.fi and thus become the first token to be listed on our exchange.
In the following posts, we will introduce you to the Fanzee project.
We would like to mention that our smart contracts are ready and waiting to be audited to ensure that there are no vulnerabilities that could threaten our users. Security of interaction with our platform is a priority for us.
Stay tuned so you do not miss anything!
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๐ฅThe results of alternative logo/mascot contest
Dear users, we have summed up the results of the alternative logo/mascot contest!
According to the results of three rounds of voting, the winners were determined:
1st place โ number 17
2nd place โ number 19
3rd place โ number 22.
We would also like to award number 21 with the sympathy prize based on the results of heated internal team debates.
Thank you all for participating, and congratulations to the winners!
We kindly ask the authors of designs 17, 19, 21 and 22 to contact us to coordinate further actions!
All participants will receive a branded NFT from us. You do not have to do anything; we will send the NFTs to your wallets ourselves.
Dear users, we have summed up the results of the alternative logo/mascot contest!
According to the results of three rounds of voting, the winners were determined:
1st place โ number 17
2nd place โ number 19
3rd place โ number 22.
We would also like to award number 21 with the sympathy prize based on the results of heated internal team debates.
Thank you all for participating, and congratulations to the winners!
We kindly ask the authors of designs 17, 19, 21 and 22 to contact us to coordinate further actions!
All participants will receive a branded NFT from us. You do not have to do anything; we will send the NFTs to your wallets ourselves.
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๐ฅUnusual blockchain uses
Currently, blockchain technology is not tied solely to cryptocurrencies. It is estimated that blockchain is used in more than 50 industries, from tracking the distribution of energy resources in real time to registering land titles.
Here are some examples of how blockchain is applied in completely unexpected spheres, introducing new opportunities:
๐ฟAfter the discovery of E. coli bacteria in packages of lettuce, Walmart and Sam's Club proposed the use of blockchain technology to control the freshness of products.
According to their idea, a customer at a self-service checkout could scan any product and find out where it was grown/produced and trace it all the way to the store shelf. Thus, modern data storage and processing technologies can help control food safety. Likewise, the Norwegian company EY Skye is already tracking the supply of salmon. Using the app, consumers can see where their fish was caught, what "batch" it came from, and how long it has been on the counter.
๐ฟSan Francisco jewelry company Brilliant Earth has partnered with London-based Everledger to introduce blockchain-integrated diamonds. Everledgerโs product registers the unique markings of more than 2.2 million diamonds, tracking and permanently recording every stage of their โlife cycle,โ including provenance, sale, and purchase. Blockchain technology allows us to completely eliminate the possibility of smuggling and forgery.
๐ฟFuchsia, a Seattle-based shoe company, uses the Provenance blockchain platform to provide information on the craftsmen who handcraft the brand's footwear in Pakistan. The company's website states that customers value not only quality production, but also confidence in their employeesโ fair and safe working conditions. The companyโs transparency increased online purchases of their products by 31%.
๐ฟFollowing this, the world-renowned Levi Strauss & Co. began testing a questionnaire that anonymously records factory employees' responses to questions on a blockchain platform. This solution provides a secure, standardized, and completely anonymous platform for data collection, eliminating the possibility of fraud, and thereby improving working conditions.
#stonacademy
Currently, blockchain technology is not tied solely to cryptocurrencies. It is estimated that blockchain is used in more than 50 industries, from tracking the distribution of energy resources in real time to registering land titles.
Here are some examples of how blockchain is applied in completely unexpected spheres, introducing new opportunities:
๐ฟAfter the discovery of E. coli bacteria in packages of lettuce, Walmart and Sam's Club proposed the use of blockchain technology to control the freshness of products.
According to their idea, a customer at a self-service checkout could scan any product and find out where it was grown/produced and trace it all the way to the store shelf. Thus, modern data storage and processing technologies can help control food safety. Likewise, the Norwegian company EY Skye is already tracking the supply of salmon. Using the app, consumers can see where their fish was caught, what "batch" it came from, and how long it has been on the counter.
๐ฟSan Francisco jewelry company Brilliant Earth has partnered with London-based Everledger to introduce blockchain-integrated diamonds. Everledgerโs product registers the unique markings of more than 2.2 million diamonds, tracking and permanently recording every stage of their โlife cycle,โ including provenance, sale, and purchase. Blockchain technology allows us to completely eliminate the possibility of smuggling and forgery.
๐ฟFuchsia, a Seattle-based shoe company, uses the Provenance blockchain platform to provide information on the craftsmen who handcraft the brand's footwear in Pakistan. The company's website states that customers value not only quality production, but also confidence in their employeesโ fair and safe working conditions. The companyโs transparency increased online purchases of their products by 31%.
๐ฟFollowing this, the world-renowned Levi Strauss & Co. began testing a questionnaire that anonymously records factory employees' responses to questions on a blockchain platform. This solution provides a secure, standardized, and completely anonymous platform for data collection, eliminating the possibility of fraud, and thereby improving working conditions.
#stonacademy
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๐ฅSTON.fi in TON Community's post
Dear users,
We got mentioned in the official TON Community.
The post was dedicated to DEXes under development on The Open Network and STON.fi was named first among them.
We are thankful to the TON Community for their trust and are really glad to see that there are several other decentralised exchanges that are going to shape long awaited DeFi on TON.
The longer you wait โ the louder are the announcements that you get! ๐ฅ๐
Dear users,
We got mentioned in the official TON Community.
The post was dedicated to DEXes under development on The Open Network and STON.fi was named first among them.
We are thankful to the TON Community for their trust and are really glad to see that there are several other decentralised exchanges that are going to shape long awaited DeFi on TON.
The longer you wait โ the louder are the announcements that you get! ๐ฅ๐
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Decentralized Finance (DeFi)
DeFi (Decentralized finance) is a general term denoting various financial applications based on the blockchain and cryptocurrencies that are aimed at creating an alternative financial system that works without intermediaries.
When any such DeFi applications are created, equal participants of the community have access to copies of their transaction histories. Consequently, the transactions are not controlled by any centralized body, which means that they cannot be altered or falsified.
In terms of functional potential, DeFi applications offer the full range of traditional financial instruments, but often provide a higher income due to the lack of financial intermediaries.
There are no access restrictions โ anyone, including those who do not have access to the resources of the conventional banking system, can use DeFi potentials.
The DeFi industry is relatively young, and the amount of funds in financial applications is changing rapidly due to various factors. For example, the spring 2022 liquidity crisis in Terra, a large DeFi ecosystem, led to a significant outflow of funds from DeFi, and the total value locked (TVL) decreased from $250 mln to $76 mln. However, this isnโt the first time such things have happened in DeFi networks.
The TVL amount in DeFi can be monitored using, for instance, the DeFi Llama platform. In its research on DeFi, the Messari analytical agency claims that the โeconomy of users,โ in contrast to the traditional โeconomy of institutions,โ will grow by several orders of magnitude by 2030.
๐DeFi on TON is coming soon as well! And STON.fi plans to be an integral component of it.
#stonacademy
DeFi (Decentralized finance) is a general term denoting various financial applications based on the blockchain and cryptocurrencies that are aimed at creating an alternative financial system that works without intermediaries.
When any such DeFi applications are created, equal participants of the community have access to copies of their transaction histories. Consequently, the transactions are not controlled by any centralized body, which means that they cannot be altered or falsified.
In terms of functional potential, DeFi applications offer the full range of traditional financial instruments, but often provide a higher income due to the lack of financial intermediaries.
There are no access restrictions โ anyone, including those who do not have access to the resources of the conventional banking system, can use DeFi potentials.
The DeFi industry is relatively young, and the amount of funds in financial applications is changing rapidly due to various factors. For example, the spring 2022 liquidity crisis in Terra, a large DeFi ecosystem, led to a significant outflow of funds from DeFi, and the total value locked (TVL) decreased from $250 mln to $76 mln. However, this isnโt the first time such things have happened in DeFi networks.
The TVL amount in DeFi can be monitored using, for instance, the DeFi Llama platform. In its research on DeFi, the Messari analytical agency claims that the โeconomy of users,โ in contrast to the traditional โeconomy of institutions,โ will grow by several orders of magnitude by 2030.
๐DeFi on TON is coming soon as well! And STON.fi plans to be an integral component of it.
#stonacademy
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๐ฅBridges, Wrapped Bitcoin (wBTC), Wrapped ETH (wETH), and other wrapped tokens: what do we need them for?
๐ฟWrapped tokens are cryptocurrencies issued on blockchains that differ from the blockchains of basic coins.
๐ฟFor example, Wrapped Bitcoin (wBTC) is analogous to Bitcoin on other blockchains, such as Ethereum. So what is its purpose?
๐ฟBitcoin owners need wBTC, for instance, to earn funds using financial applications based on Ethereum without having to exchange their Bitcoin for tokens of the Ethereum standard.
๐ฟUnder normal circumstances, tokens issued on one blockchain cannot be transferred to another. Wrapped tokens lend cryptocurrency holders the opportunities of the cross-chain, making exchanges and other transactions between different blockchains possible.
๐ฟTo create wrapped tokens, we need a custodian that will accept and store the userโs BTC and generate wrapped liquidity of equal value. Consequently, when the exchange is reversed, the custodian will eliminate the wrapped tokens to prevent situations in which new tokens materialize out of thin air.
๐ฟThe role of the custodian in DeFi can be played by a Decentralized Autonomous Organization (DAO) or, for example, by the bridgesโ smart contracts.
#stonacademy
๐ฟWrapped tokens are cryptocurrencies issued on blockchains that differ from the blockchains of basic coins.
๐ฟFor example, Wrapped Bitcoin (wBTC) is analogous to Bitcoin on other blockchains, such as Ethereum. So what is its purpose?
๐ฟBitcoin owners need wBTC, for instance, to earn funds using financial applications based on Ethereum without having to exchange their Bitcoin for tokens of the Ethereum standard.
๐ฟUnder normal circumstances, tokens issued on one blockchain cannot be transferred to another. Wrapped tokens lend cryptocurrency holders the opportunities of the cross-chain, making exchanges and other transactions between different blockchains possible.
๐ฟTo create wrapped tokens, we need a custodian that will accept and store the userโs BTC and generate wrapped liquidity of equal value. Consequently, when the exchange is reversed, the custodian will eliminate the wrapped tokens to prevent situations in which new tokens materialize out of thin air.
๐ฟThe role of the custodian in DeFi can be played by a Decentralized Autonomous Organization (DAO) or, for example, by the bridgesโ smart contracts.
#stonacademy
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๐ฅThe role of oracles in DeFi
An oracle is software that finds and confirms data from the outside world (off-chain) and transfers it to the smart contracts on the blockchain (on-chain).
One particularly illustrative example is the transfer of information from exchanges and price aggregators to the smart contract controlling the liquidity pool. The information oracles transfer contains the prices of different cryptocurrencies represented in the liquidity pool. In a general sense, an oracle is any service that can transfer to the blockchain data it does not possess.
๐ฟOracles can be centralized (i.e. managed by one organization) or decentralized (managed by a DAO): the former are considered more vulnerable due to the risk of providing subjective information (i.e. there is a risk of fraud); the latter are more reliable because they analyze information from many sources and summarize it in so-called trustless results.
Oracles are also divided by type of information transmission into incoming (transmitting data to the blockchain) and outgoing (transmitting data from the blockchain off-chain). As regards their method of data collection, oracles can be software (connected to digital data sources via API) and hardware (connected by any method to physical data sources โ video cameras, motion or temperature sensors, or RFID).
๐ฟSince the DeFi system is based on the use of self-executing smart contracts with no intermediaries, operating it without oracles would be virtually impossible. At the DeFi systemโs nascence, oracles were at high risk of attacks by hackers to manipulate data. As the DeFi system develops and the number of oracles under DAO management grows, these risks are minimized.
#stonacademy
An oracle is software that finds and confirms data from the outside world (off-chain) and transfers it to the smart contracts on the blockchain (on-chain).
One particularly illustrative example is the transfer of information from exchanges and price aggregators to the smart contract controlling the liquidity pool. The information oracles transfer contains the prices of different cryptocurrencies represented in the liquidity pool. In a general sense, an oracle is any service that can transfer to the blockchain data it does not possess.
๐ฟOracles can be centralized (i.e. managed by one organization) or decentralized (managed by a DAO): the former are considered more vulnerable due to the risk of providing subjective information (i.e. there is a risk of fraud); the latter are more reliable because they analyze information from many sources and summarize it in so-called trustless results.
Oracles are also divided by type of information transmission into incoming (transmitting data to the blockchain) and outgoing (transmitting data from the blockchain off-chain). As regards their method of data collection, oracles can be software (connected to digital data sources via API) and hardware (connected by any method to physical data sources โ video cameras, motion or temperature sensors, or RFID).
๐ฟSince the DeFi system is based on the use of self-executing smart contracts with no intermediaries, operating it without oracles would be virtually impossible. At the DeFi systemโs nascence, oracles were at high risk of attacks by hackers to manipulate data. As the DeFi system develops and the number of oracles under DAO management grows, these risks are minimized.
#stonacademy
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What is an IDO?
As you remember, the first IDO in the TON ecosystem is coming up very soon. In this regard, let us remind you what IDO is and what its stages are.
IDO (initial dex offering)โis the opportunity to buy tokens of the project before its appearance on the decentralized exchanges at a fixed price.
1. IDO Announcement
Everything begins with an announcement: prospective investors get acquainted with the project and its team and decide whether it is worth investing in it. It is important at this stage to analyze the project: study the product, the team, and its investors; check what they write about it in the media.
2. Open registration for a token sale
If the project seems interesting, the investor can apply for participation in a token sale. At this stage, it is possible to get the right to redeem the tokens at a reduced price before they are listed on the exchange. Allocations are a limited number of tokens that can be redeemed by a single investor. Buying rights are usually distributed by lottery.
3. Token Sale Day
Investors who are given the opportunity to redeem an allocation can purchase project tokens at a fixed price on the Launchpad. This can be compared to the pre-sale mechanics of NFT collections, where a limited number of users can buy the token they are interested in. Joining the project at this stage is a profitable opportunity to invest in the project before it appears on DEX.
4. Listing the project on DEX for free trading
As soon as the token price goes on DEX, the price of the token goes into free float. At this point every Toncoin holder can buy or sell the project's tokens. Prospective project tokens are usually in high demand, which causes the market price to rise actively from the start of trading.
Be aware of the risks when investing in projects: investments can lead to a total loss of money. No project can promise you instant profits. Do not forget this.
As you remember, the first IDO in the TON ecosystem is coming up very soon. In this regard, let us remind you what IDO is and what its stages are.
IDO (initial dex offering)โis the opportunity to buy tokens of the project before its appearance on the decentralized exchanges at a fixed price.
1. IDO Announcement
Everything begins with an announcement: prospective investors get acquainted with the project and its team and decide whether it is worth investing in it. It is important at this stage to analyze the project: study the product, the team, and its investors; check what they write about it in the media.
2. Open registration for a token sale
If the project seems interesting, the investor can apply for participation in a token sale. At this stage, it is possible to get the right to redeem the tokens at a reduced price before they are listed on the exchange. Allocations are a limited number of tokens that can be redeemed by a single investor. Buying rights are usually distributed by lottery.
3. Token Sale Day
Investors who are given the opportunity to redeem an allocation can purchase project tokens at a fixed price on the Launchpad. This can be compared to the pre-sale mechanics of NFT collections, where a limited number of users can buy the token they are interested in. Joining the project at this stage is a profitable opportunity to invest in the project before it appears on DEX.
4. Listing the project on DEX for free trading
As soon as the token price goes on DEX, the price of the token goes into free float. At this point every Toncoin holder can buy or sell the project's tokens. Prospective project tokens are usually in high demand, which causes the market price to rise actively from the start of trading.
Be aware of the risks when investing in projects: investments can lead to a total loss of money. No project can promise you instant profits. Do not forget this.
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๐ฅWhat is the Cross-chain Decentralized Exchange (CDEX)?
The Cross-chain Decentralized Exchange allows participants to use one platform to exchange tokens issued on different blockchains via the DeFi system, i.e. without third parties that could potentially change the transaction course and asset price.
๐ฟHashbon Rocket or, say, O3Swap, are considered to be the first DeFi applications that used CDEX opportunities. Transactions on the CDEX are made with the involvement of oracles and arbitrageurs; the former provide the platform with confirmed data collected off-chain, and the latter are holders of a considerable number of tokens of this particular platform. Together, they guarantee the security and transparency of the transaction.
CDEXes are aggregators of various digital assets. In order to work efficiently, they need to generate liquidity pools of assets distributed on different blockchains. Namely, it is the number and diversity of liquidity pools that attract the participants and liquidity providers to the CDEX.
#stonacademy
The Cross-chain Decentralized Exchange allows participants to use one platform to exchange tokens issued on different blockchains via the DeFi system, i.e. without third parties that could potentially change the transaction course and asset price.
๐ฟHashbon Rocket or, say, O3Swap, are considered to be the first DeFi applications that used CDEX opportunities. Transactions on the CDEX are made with the involvement of oracles and arbitrageurs; the former provide the platform with confirmed data collected off-chain, and the latter are holders of a considerable number of tokens of this particular platform. Together, they guarantee the security and transparency of the transaction.
CDEXes are aggregators of various digital assets. In order to work efficiently, they need to generate liquidity pools of assets distributed on different blockchains. Namely, it is the number and diversity of liquidity pools that attract the participants and liquidity providers to the CDEX.
#stonacademy
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TON Sites and TON Proxy Are Live
An important step towards Web 3.0 has been made.
Fully decentralised sites available are for everyone in usual browsers with TON DNS for domain names.
TON Sites and TON Proxy are likely to replace current solutions and get mass-adoption.
STON.fi is glad to see the evolution of The Open Network and is looking forward to seeing TON as a leading blockchain solution.
Now you can read an article on the new features prepared by the TON Foundation.
Have a nice weekend everyone!๐
An important step towards Web 3.0 has been made.
Fully decentralised sites available are for everyone in usual browsers with TON DNS for domain names.
TON Sites and TON Proxy are likely to replace current solutions and get mass-adoption.
STON.fi is glad to see the evolution of The Open Network and is looking forward to seeing TON as a leading blockchain solution.
Now you can read an article on the new features prepared by the TON Foundation.
Have a nice weekend everyone!๐
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๐ฅQuiz from STON.fi
Dear users,
Our bot has opened a Quiz section where you can test your knowledge about TON and crypto in general by answering 10 questions.
To start, enter /quiz in the bot or choose the appropriate menu item.
All questions are based on #stonacademy materials.
Those who successfully pass the quiz will get an award๐ฅ
Go to the bot, answer the questions and share your impressions and prizes in the comments!๐
Dear users,
Our bot has opened a Quiz section where you can test your knowledge about TON and crypto in general by answering 10 questions.
To start, enter /quiz in the bot or choose the appropriate menu item.
All questions are based on #stonacademy materials.
Those who successfully pass the quiz will get an award๐ฅ
Go to the bot, answer the questions and share your impressions and prizes in the comments!๐
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๐ฅWhat is a Smart Contract?
A smart contract is a digital agreement with a set of rules that works on a certain blockchain, such as TON.
The computer code of the smart contract is copied by all validator nodes (computers) connected to the blockchain, which makes the code transparent, unchangeable, and secure.
๐ฟSmart contracts allow blockchain participants to interact without trust, that is, to make anonymous remote transactions with each other in full confidence that the transactions will be fulfilled in compliance with all the requirements, or will be canceled if the rules are violated.
Smart contracts are autonomous and work 24/7 without human involvement.
Smart contracts are immutable โ it is impossible to revise the operating instructions of a smart contract after it is launched (unless such an opportunity was originally established by the developers themselves, but that's a completely different story).
๐ฟSmart contracts are transparent โ the source code, which is based on the public blockchain, is available for anyone to analyze, and thus any vulnerabilities will be detected immediately. Transactions conducted through smart contracts have no need for bureaucracy, and such operations are therefore practically free for users (with the exception of the gas required for the transaction).
Digital wallets, tokenized assets, exchanges, games, DAO communities, and any other applications (DApps) on blockchains can be created with the help of smart contracts.
Lots of announcements are coming soon.
Stay tuned!๐
A smart contract is a digital agreement with a set of rules that works on a certain blockchain, such as TON.
The computer code of the smart contract is copied by all validator nodes (computers) connected to the blockchain, which makes the code transparent, unchangeable, and secure.
๐ฟSmart contracts allow blockchain participants to interact without trust, that is, to make anonymous remote transactions with each other in full confidence that the transactions will be fulfilled in compliance with all the requirements, or will be canceled if the rules are violated.
Smart contracts are autonomous and work 24/7 without human involvement.
Smart contracts are immutable โ it is impossible to revise the operating instructions of a smart contract after it is launched (unless such an opportunity was originally established by the developers themselves, but that's a completely different story).
๐ฟSmart contracts are transparent โ the source code, which is based on the public blockchain, is available for anyone to analyze, and thus any vulnerabilities will be detected immediately. Transactions conducted through smart contracts have no need for bureaucracy, and such operations are therefore practically free for users (with the exception of the gas required for the transaction).
Digital wallets, tokenized assets, exchanges, games, DAO communities, and any other applications (DApps) on blockchains can be created with the help of smart contracts.
Lots of announcements are coming soon.
Stay tuned!๐
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Fanzee IDO Sold Out
We would like to congratulate Tonstarter and Fanzee teams with a successfull IDO๐ช ๐ฅ
All $FNZ tokens allocated for public sale were sold out in less than four hours. It's a tremendous result for this ever first IDO on TON!
Looking forward to seeing $FNZ token being listed on STON.fi DEX. It will happen as soon as our smart-contract is reviewed. This event is not so far!
Could you manage to get an allocation or waiting for DEX listing to buy?๐
We would like to congratulate Tonstarter and Fanzee teams with a successfull IDO
All $FNZ tokens allocated for public sale were sold out in less than four hours. It's a tremendous result for this ever first IDO on TON!
Looking forward to seeing $FNZ token being listed on STON.fi DEX. It will happen as soon as our smart-contract is reviewed. This event is not so far!
Could you manage to get an allocation or waiting for DEX listing to buy?๐
Please open Telegram to view this post
VIEW IN TELEGRAM
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๐ฟSTON.fi x Tonana DeFi Hub๐
STON.fi awarded the winners of the Hack-a-TON x Prague with official NFTs from STON.fi of the rarest 1st category.
The Hack-a-TON x Prague offline hackathon for TON developers took place from September 30 to October 2 with a prize pool of $37,000.
The event was organised by the Tonana DeFi Hub project, which creates products in TON ecosystem and received a grant to create a cross-chain bridge.
STON.fi welcomes such events aimed at developing TON.
Here is the list of winners:
๐ DeFi track โ TON Payment Tracking Library
๐ SocialFi track โ Agorapp
๐ NFT track โ LoyaTON
๐ GameFi track โ Shelbot
๐ DAO track โ Tips_me_bot
Special categories:
โญ๏ธ The best TWA โ dDog
โญ๏ธ The best idea โ Overton
We congratulate the winners and wish them continued success in their professional development!๐
STON.fi awarded the winners of the Hack-a-TON x Prague with official NFTs from STON.fi of the rarest 1st category.
The Hack-a-TON x Prague offline hackathon for TON developers took place from September 30 to October 2 with a prize pool of $37,000.
The event was organised by the Tonana DeFi Hub project, which creates products in TON ecosystem and received a grant to create a cross-chain bridge.
STON.fi welcomes such events aimed at developing TON.
Here is the list of winners:
๐ DeFi track โ TON Payment Tracking Library
๐ SocialFi track โ Agorapp
๐ NFT track โ LoyaTON
๐ GameFi track โ Shelbot
๐ DAO track โ Tips_me_bot
Special categories:
โญ๏ธ The best TWA โ dDog
โญ๏ธ The best idea โ Overton
We congratulate the winners and wish them continued success in their professional development!๐
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๐ฅDeFiTalks with STON.fi
Dear community,
Tomorrow we are launching our new heading โ #DeFiTalks
Every week, we will come together in our chat and discuss the most important topics concerning our beloved TON.
It is very important to have a space for discussion. And we truly believe that our chat can become a place where people with different points of view from different countries will be able to share opinions.
We also plan to invite experts and active participants in the community.
๐ฟThis wonโt be AMAs or interviews, this will be equal conversations where everyone can afford to express their personal opinion.
Our first discussion will take place tomorrow at 12:00 UTC directly in our chat.
Our guest โ Jack Rotgar, founder of the famous channel TON NFT Plus and the topic will be one of the most relevant for the whole TON Community.
โIntegration of TON in Telegramโ๐
๐ฟThe three most active participants with interesting arguments in the discussion will get 10 TONs each.
Looking forward to seeing you tomorrow in our chat!
Dear community,
Tomorrow we are launching our new heading โ #DeFiTalks
Every week, we will come together in our chat and discuss the most important topics concerning our beloved TON.
It is very important to have a space for discussion. And we truly believe that our chat can become a place where people with different points of view from different countries will be able to share opinions.
We also plan to invite experts and active participants in the community.
๐ฟThis wonโt be AMAs or interviews, this will be equal conversations where everyone can afford to express their personal opinion.
Our first discussion will take place tomorrow at 12:00 UTC directly in our chat.
Our guest โ Jack Rotgar, founder of the famous channel TON NFT Plus and the topic will be one of the most relevant for the whole TON Community.
โIntegration of TON in Telegramโ๐
๐ฟThe three most active participants with interesting arguments in the discussion will get 10 TONs each.
Looking forward to seeing you tomorrow in our chat!
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Will TON be integrated in Telegram this summer?
Anonymous Poll
63%
Yes
18%
No, it will be integrated later
6%
No, it will be integrated earlier
9%
TON won't be integrated in Telegram
4%
Another opinion (write in comments)
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๐ฅSTON.fi Demo Stage 2
Dear Community,
We are at the final stage of code review.
In several days, within the framework of testing, we will open the Demo Stage 2.
Aside from swaps, you will be able to test a liquidity provision.
We have added the Fake USD token (FUSD) to Redston and Moonston tokens, which you already know from the previous stage of Demo, in order to make operations more interesting.
None of the tokens have monetary value, so all coincidences are random.
๐ The testers will get rewards as in the previous stage.
Prepare your wallets and stay tuned for the announcements!
Chat | Discord | Reddit | LinkedIn
Dear Community,
We are at the final stage of code review.
In several days, within the framework of testing, we will open the Demo Stage 2.
Aside from swaps, you will be able to test a liquidity provision.
We have added the Fake USD token (FUSD) to Redston and Moonston tokens, which you already know from the previous stage of Demo, in order to make operations more interesting.
None of the tokens have monetary value, so all coincidences are random.
๐ The testers will get rewards as in the previous stage.
Prepare your wallets and stay tuned for the announcements!
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๐ฅIntroducing the wTON Concept
Dear users,
STON.fi is a Jetton-to-Jetton exchange, where you will be able to swap one jetton to another (including future stablecoins) without swapping for Toncoin as a connecting link.
Since Toncoin is not a TON-jetton, jettons cannot be exchanged for TON directly.
To make these swaps possible, we have created wTON (Wrapped Toncoin), which is a TON-jetton that can be directly traded in pairs with all tokens on TON.
Here you can read the whole text specially prepared for you by our team to explain what wTON is and why it is required:
๐ฒTap here to read
Please, read and ask questions in our chat!
In the future, transactions from wTON to TON will be automated.
Chat | Discord | Reddit | LinkedIn
Dear users,
STON.fi is a Jetton-to-Jetton exchange, where you will be able to swap one jetton to another (including future stablecoins) without swapping for Toncoin as a connecting link.
Since Toncoin is not a TON-jetton, jettons cannot be exchanged for TON directly.
To make these swaps possible, we have created wTON (Wrapped Toncoin), which is a TON-jetton that can be directly traded in pairs with all tokens on TON.
Here you can read the whole text specially prepared for you by our team to explain what wTON is and why it is required:
๐ฒTap here to read
Please, read and ask questions in our chat!
In the future, transactions from wTON to TON will be automated.
Chat | Discord | Reddit | LinkedIn
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๐ฅHow to Generate a TON Wallet
If you want to keep and transfer Toncoins on the TON Blockchain, or issue and buy NFTs on TON, or perform other operations related to receiving and spending coins (including operations on STON.fi DEX), you will need a wallet compatible with the TON blockchain. Creating such a wallet couldnโt be easier:
๐ฟGo to https://ton.org/wallets and check the catalog of custodial and non-custodial wallets.
๐ฟWhich TON wallet should you choose? The most common types of wallets are the smartphone app, desktop app, plug-in for Chrome browser, Telegram bot, and web wallet (which works via browser).
We prefer the plug-ins for Chrome and mobile apps, and we think they in particular are the best introduction to the TON world. The plug-ins make it convenient to work from a PC, transfer and receive Tons, and sign transactions, for example, when working with the NFT marketplace.
With the mobile applications, it is easier to transfer and receive Tons and other tokens (the TON blockchain calls them jettons). Many users find it convenient to work with the Telegram bot (@wallet). But you should be aware that it is a custodial wallet, which means that you donโt have a private key, and in fact you donโt own the funds in it โ you can only manage them.
Note: to interact with STON.fi DEX you will need Tonkeeper, Tonhub or TON Wallet
๐ฟHave you decided which wallet you need? It depends on your goals and the method of installation on your device (PC, smartphone, application, or plug-in for browser). Please follow the instructions strictly when installing the application. Most importantly, keep the seed phrase of 24 words in a safe place.
๐ฟCongratulations! Now you have a wallet for work with the TON blockchain and STON.fi DEX. You are now able to receive and transfer coins. You can receive and transfer NFTs. You can even keep those NFTs in some of these wallets.
#stonacademy
Chat | Discord | Reddit | LinkedIn
If you want to keep and transfer Toncoins on the TON Blockchain, or issue and buy NFTs on TON, or perform other operations related to receiving and spending coins (including operations on STON.fi DEX), you will need a wallet compatible with the TON blockchain. Creating such a wallet couldnโt be easier:
๐ฟGo to https://ton.org/wallets and check the catalog of custodial and non-custodial wallets.
๐ฟWhich TON wallet should you choose? The most common types of wallets are the smartphone app, desktop app, plug-in for Chrome browser, Telegram bot, and web wallet (which works via browser).
We prefer the plug-ins for Chrome and mobile apps, and we think they in particular are the best introduction to the TON world. The plug-ins make it convenient to work from a PC, transfer and receive Tons, and sign transactions, for example, when working with the NFT marketplace.
With the mobile applications, it is easier to transfer and receive Tons and other tokens (the TON blockchain calls them jettons). Many users find it convenient to work with the Telegram bot (@wallet). But you should be aware that it is a custodial wallet, which means that you donโt have a private key, and in fact you donโt own the funds in it โ you can only manage them.
Note: to interact with STON.fi DEX you will need Tonkeeper, Tonhub or TON Wallet
๐ฟHave you decided which wallet you need? It depends on your goals and the method of installation on your device (PC, smartphone, application, or plug-in for browser). Please follow the instructions strictly when installing the application. Most importantly, keep the seed phrase of 24 words in a safe place.
๐ฟCongratulations! Now you have a wallet for work with the TON blockchain and STON.fi DEX. You are now able to receive and transfer coins. You can receive and transfer NFTs. You can even keep those NFTs in some of these wallets.
#stonacademy
Chat | Discord | Reddit | LinkedIn
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๐ฅDemo Stage 2 is live!
Dear users,
We are happy to announce that our final Demo is open for public access.
You can get 1000 FUSD tokens by pressing "Get test tokens" button in our bot
Follow this link and try out swaps with Redston, Moonston and FUSD tokens as well as liquidity provision.
๐ฒdemo.ston.fi
You can connect your TON Wallet, TonKeeper, and TonHub wallets.
Note: you should use the same wallet where you received FUSD tokens.
๐ฟHere we attach the video tutorial on how to use our DEX.
Try it out and share your feedback and open positions in our chat!
The first 100 users of the Demo Stage 2 will get brand-new Soulbound NFTs!
Moreover, if the hash of your transaction ends with 42, then you will receive our NFT from the first collection. And if the hash ends with 4242 โ your prize will be our NFT from the rarest 1st category! The more transactions you make โ the higher are chances to win!
In order to check whether you have won or not, you should click the button โWhat have I wonโ or use the command /42 in our bot.
Liquidity provision will be rewarded as well!
Thank you for being with us! You are the part of DeFi history on TON that we are building together๐
Chat | Discord | Reddit | LinkedIn
Dear users,
We are happy to announce that our final Demo is open for public access.
You can get 1000 FUSD tokens by pressing "Get test tokens" button in our bot
Follow this link and try out swaps with Redston, Moonston and FUSD tokens as well as liquidity provision.
๐ฒdemo.ston.fi
You can connect your TON Wallet, TonKeeper, and TonHub wallets.
Note: you should use the same wallet where you received FUSD tokens.
๐ฟHere we attach the video tutorial on how to use our DEX.
Try it out and share your feedback and open positions in our chat!
The first 100 users of the Demo Stage 2 will get brand-new Soulbound NFTs!
Moreover, if the hash of your transaction ends with 42, then you will receive our NFT from the first collection. And if the hash ends with 4242 โ your prize will be our NFT from the rarest 1st category! The more transactions you make โ the higher are chances to win!
In order to check whether you have won or not, you should click the button โWhat have I wonโ or use the command /42 in our bot.
Liquidity provision will be rewarded as well!
Thank you for being with us! You are the part of DeFi history on TON that we are building together๐
Chat | Discord | Reddit | LinkedIn
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๐ฟTemporary Pause
Dear friends,
We need some time to fix the issues with our server that we detected during Demo.
We will announce when everything will be ok
Thank you for your feedback and spent time! We really appreciate it. This case will make our DEX stronger.
Stay tuned for the announcements!๐
Chat | Discord | Reddit | LinkedIn
Dear friends,
We need some time to fix the issues with our server that we detected during Demo.
We will announce when everything will be ok
Thank you for your feedback and spent time! We really appreciate it. This case will make our DEX stronger.
Stay tuned for the announcements!
Chat | Discord | Reddit | LinkedIn
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