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)—is 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)—is 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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🥌What 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.
🗿Hashbon 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.
🗿Hashbon 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!💎
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!💎
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🥌Quiz 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 award🔥
Go to the bot, answer the questions and share your impressions and prizes in the comments!💎
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 award🔥
Go to the bot, answer the questions and share your impressions and prizes in the comments!💎
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🥌What 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.
🗿Smart 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 — 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).
🗿Smart contracts are transparent — 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!💎
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.
🗿Smart 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 — 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).
🗿Smart contracts are transparent — 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!💎
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Fanzee IDO Sold Out
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?💎
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?💎
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🗿STON.fi x Tonana DeFi Hub🍌
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:
🏅DeFi track ➔ TON Payment Tracking Library
🏅SocialFi track ➔ Agorapp
🏅 NFT track ➔ LoyaTON
🏅 GameFi track ➔ Shelbot
🏅 DAO track ➔ Tips_me_bot
Special categories:
⭐️ The best TWA ➔ dDog
⭐️ The best idea ➔ Overton
We congratulate the winners and wish them continued success in their professional development!💎
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:
🏅DeFi track ➔ TON Payment Tracking Library
🏅SocialFi track ➔ Agorapp
🏅 NFT track ➔ LoyaTON
🏅 GameFi track ➔ Shelbot
🏅 DAO track ➔ Tips_me_bot
Special categories:
⭐️ The best TWA ➔ dDog
⭐️ The best idea ➔ Overton
We congratulate the winners and wish them continued success in their professional development!💎
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🥌DeFiTalks with STON.fi
Dear community,
Tomorrow we are launching our new heading – #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.
🗿This won’t 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 – 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.
“Integration of TON in Telegram”💎
🗿The 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 – #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.
🗿This won’t 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 – 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.
“Integration of TON in Telegram”💎
🗿The 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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🥌STON.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.
🏅The testers will get rewards as in the previous stage.
Prepare your wallets and stay tuned for the announcements!
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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.
🏅The testers will get rewards as in the previous stage.
Prepare your wallets and stay tuned for the announcements!
Chat | Discord | Reddit | LinkedIn
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🥌Introducing 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:
📲Tap here to read
Please, read and ask questions in our chat!
In the future, transactions from wTON to TON will be automated.
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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:
📲Tap 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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🥌How 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 couldn’t be easier:
🗿Go to https://ton.org/wallets and check the catalog of custodial and non-custodial wallets.
🗿Which 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 don’t have a private key, and in fact you don’t own the funds in it – you can only manage them.
Note: to interact with STON.fi DEX you will need Tonkeeper, Tonhub or TON Wallet
🗿Have 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.
🗿Congratulations! 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
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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 couldn’t be easier:
🗿Go to https://ton.org/wallets and check the catalog of custodial and non-custodial wallets.
🗿Which 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 don’t have a private key, and in fact you don’t own the funds in it – you can only manage them.
Note: to interact with STON.fi DEX you will need Tonkeeper, Tonhub or TON Wallet
🗿Have 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.
🗿Congratulations! 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
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🥌Demo 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.
📲demo.ston.fi
You can connect your TON Wallet, TonKeeper, and TonHub wallets.
Note: you should use the same wallet where you received FUSD tokens.
🗿Here 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 — your prize will be our NFT from the rarest 1st category! The more transactions you make — the higher are chances to win!
In order to check whether you have won or not, you should click the button “What have I won” 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 together💎
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.
📲demo.ston.fi
You can connect your TON Wallet, TonKeeper, and TonHub wallets.
Note: you should use the same wallet where you received FUSD tokens.
🗿Here 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 — your prize will be our NFT from the rarest 1st category! The more transactions you make — the higher are chances to win!
In order to check whether you have won or not, you should click the button “What have I won” 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 together💎
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🗿Temporary 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!📈
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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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Hey stonfiers!📈
Yesterday we managed to break something.
We hoped that it wouldn’t happen, but we expected something like it.
You are cool; you broke what you could!
No critical infrastructure was damaged. Our smart contracts performed perfectly, and all operations in blockchain were executed: swaps, liquidity provision, and removal.
Apparently, there were some issues with the faucet 🤖, but they turned out not to be issues at all for some users who received many more jettons than expected!💰
That’s what a demo is for! We needed to eliminate all of these issues before listing the real jettons.
However, we have to say that everything was easy to fix so far. You can do better! Break it! Destroy the smart contracts and the blockchain! 😉
Chat | Discord | Reddit | LinkedIn
Yesterday we managed to break something.
We hoped that it wouldn’t happen, but we expected something like it.
You are cool; you broke what you could!
No critical infrastructure was damaged. Our smart contracts performed perfectly, and all operations in blockchain were executed: swaps, liquidity provision, and removal.
Apparently, there were some issues with the faucet 🤖, but they turned out not to be issues at all for some users who received many more jettons than expected!💰
That’s what a demo is for! We needed to eliminate all of these issues before listing the real jettons.
However, we have to say that everything was easy to fix so far. You can do better! Break it! Destroy the smart contracts and the blockchain! 😉
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Demo Stage 2: Stats📈
While you are unsuccessfully trying to break our smart contracts, we would like to share some statistics after three days of the Demo.
🥌From the moment of the Demo Stage 2 start (about 100hrs) our liquidity providers earned the following yields:
RED/MOON: +0.55%, 67% APY
RED/FUSD: +0.12%, 15% APY
MOON/FUSD: +1.45%, +176% APY
We recall that these are 0,2% from each trade in pairs that go to liquidity providers.
MOON exchange rate grew 4 times while RED's one remained the same.
The Demo is still on! Go to https://demo.ston.fi/swap and take part!
All functions are demonstrating stable work! Thank you for trying it out and being with us!
Chat | Discord | Reddit | LinkedIn
While you are unsuccessfully trying to break our smart contracts, we would like to share some statistics after three days of the Demo.
🥌From the moment of the Demo Stage 2 start (about 100hrs) our liquidity providers earned the following yields:
RED/MOON: +0.55%, 67% APY
RED/FUSD: +0.12%, 15% APY
MOON/FUSD: +1.45%, +176% APY
We recall that these are 0,2% from each trade in pairs that go to liquidity providers.
MOON exchange rate grew 4 times while RED's one remained the same.
The Demo is still on! Go to https://demo.ston.fi/swap and take part!
All functions are demonstrating stable work! Thank you for trying it out and being with us!
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🥌What Is a Soulbound Token?
As we already mentioned, if you participate in our Demo Stage 2 (and you can do it right now!) you can get a unique Soulbound Token on TON blockchain. Let's figure out what a Soulbound is, how it differs from a regular NFT, why it's very cool to have it, and why Soulbound is the future.
Vitaly Buterin, the founder of Ethereum, proposed the creation of NFTs that could be issued for one specific address on the blockchain. This means they'd be owned by only one user and impossible to sell or transfer. Such non-fungible tokens are called Soulbound, or SBT.
What can such a token provide, in theory? Soulbound can act as a personal certificate that cannot be faked. Therefore, the SBT can act as a proof of membership in a particular community or give a user unique status, or it can even function as a real official document.
For example, most recently, the Binance exchange released the first Binance Account Bound (BAB) Soulbound token, which is issued to each verificated user and could be used as a confirmation certificate in third-party applications. Due to the impossibility of selling or sending it to another account, the Soulbound can easily act in the form of an identity document.
📈 The Soulbound Token can also be obtained from the STON.fi DEX. To do this, you just need to be one of the first 200 participants in our demo. Yes, we decided to double the number of SBTs, taking into account the amount of assistance you provided in trying out our Demo. Don't miss your chance to help the project, get a unique Soulbound and other rewards! Opt in: https://demo.ston.fi/swap
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As we already mentioned, if you participate in our Demo Stage 2 (and you can do it right now!) you can get a unique Soulbound Token on TON blockchain. Let's figure out what a Soulbound is, how it differs from a regular NFT, why it's very cool to have it, and why Soulbound is the future.
Vitaly Buterin, the founder of Ethereum, proposed the creation of NFTs that could be issued for one specific address on the blockchain. This means they'd be owned by only one user and impossible to sell or transfer. Such non-fungible tokens are called Soulbound, or SBT.
What can such a token provide, in theory? Soulbound can act as a personal certificate that cannot be faked. Therefore, the SBT can act as a proof of membership in a particular community or give a user unique status, or it can even function as a real official document.
For example, most recently, the Binance exchange released the first Binance Account Bound (BAB) Soulbound token, which is issued to each verificated user and could be used as a confirmation certificate in third-party applications. Due to the impossibility of selling or sending it to another account, the Soulbound can easily act in the form of an identity document.
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🥌Soulbound NFTs have found their owners
Stonfiers!📈
As we promised, the first 200 participants of Demo Stage 2 received their well-deserved Soulbound NFTs. You can read about Soulbound tokens here.
Now, these beautiful medals will forever remain in your wallet, confirming the honorable status of early STON.fi DEX users.
Thank you for being with us! It's only going to get cooler from now on!💎
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Stonfiers!
As we promised, the first 200 participants of Demo Stage 2 received their well-deserved Soulbound NFTs. You can read about Soulbound tokens here.
Now, these beautiful medals will forever remain in your wallet, confirming the honorable status of early STON.fi DEX users.
Thank you for being with us! It's only going to get cooler from now on!💎
Chat | Discord | Reddit | LinkedIn
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50,000 $FNZ Raffle 🪅
Fanzee listing on STON.fi DEX is just around the corner and the excitement is bubbling up!
While we wait for this exciting moment, we would like to direct your excitement toward the joint raffle between Fanzee, Tonstarter, and STON.fi🪜 🔥 📈
You'll have a chance to win 1,000 $FNZ tokens each by following these 4 simple parts:
Part 1
Subscribe to the STON.fi channel
Join STON.fi chat
Part 2
Subscribe to the Tonstarter channel
Join Tonstarter chat
Part 3
Subscribe to Fanzee channel
Join Fanzee chat
Part 4
Start STON.fi bot (press the start button)
Click on "FNZ Raffle" button (or /fnz command).
Leave your TON wallet address.
50 winners will be selected randomly from those who fulfil the aforementioned conditions.
The contest will run today until the day of the $FNZ listing on DEX STON.fi. Tokens will be sent to winners' wallets after the start of trading.
Good luck to all!
Fanzee listing on STON.fi DEX is just around the corner and the excitement is bubbling up!
While we wait for this exciting moment, we would like to direct your excitement toward the joint raffle between Fanzee, Tonstarter, and STON.fi
You'll have a chance to win 1,000 $FNZ tokens each by following these 4 simple parts:
Part 1
Subscribe to the STON.fi channel
Join STON.fi chat
Part 2
Subscribe to the Tonstarter channel
Join Tonstarter chat
Part 3
Subscribe to Fanzee channel
Join Fanzee chat
Part 4
Start STON.fi bot (press the start button)
Click on "FNZ Raffle" button (or /fnz command).
Leave your TON wallet address.
50 winners will be selected randomly from those who fulfil the aforementioned conditions.
The contest will run today until the day of the $FNZ listing on DEX STON.fi. Tokens will be sent to winners' wallets after the start of trading.
Good luck to all!
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Wrapped stablecoins are on The Open Network
Getgems will support Telegram's NFTs
FNZ token claiming
Toncoin was listed on KuCoin
STON.fi DEX released and handed out Soulbound NFTs for early adopters
The Ethereum and BNB Smart Chain bridge is in its final stages of development
The Digest is prepared in cooperation with The Daily TON💎
Have a nice week!
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💰Faucet gives out 5,000 FUSD
Dear Stonfiers,
We give you the opportunity to make another request for FUSD tokens to participate in the Demo, even for those who have already received them.
Furthermore, this time you can get 5000 FUSD at once in our bot!
Remember, if your transaction hash ends with 42, you will get NFT from the second category of the first collection. And if it's 4242, you'll get the rarest first category.
One user knocked out three transactions with a hash ending with 42 and took three NFTs at once!
Good luck!
Chat | Discord | Reddit | LinkedIn
Dear Stonfiers,
We give you the opportunity to make another request for FUSD tokens to participate in the Demo, even for those who have already received them.
Furthermore, this time you can get 5000 FUSD at once in our bot!
Remember, if your transaction hash ends with 42, you will get NFT from the second category of the first collection. And if it's 4242, you'll get the rarest first category.
One user knocked out three transactions with a hash ending with 42 and took three NFTs at once!
Good luck!
Chat | Discord | Reddit | LinkedIn
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