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Essentially, protocol users can earn income from staking Toncoin while holding not TON, but aquaUSD, and use the latter as a classic stablecoin: for example, for payments and transfers, as well as providing liquidity, farming, trading.
— Manage the project as an investor through DAO.
— Earn 10% of the protocol's income monthly.
— Gain priority access and discounts in future IDOs.
— Enjoy additional bonuses within the project.
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— XP points can be exchanged at a fixed rate, unlike tokens, which have their variable price and cannot be reissued after launch. That's why it was emphasized during the presentation that XP is not a token.
— Concerns about a potential drop in Toncoin price due to the distribution of XP are unnecessary, as the organizers (TON Foundation) are primarily concerned about this issue and will certainly take all risks into account. Consequently, it can be assumed that earning points won’t be too easy.
— The preliminary number of projects planned to be involved in each season is 15, but this figure may still change.
— After the launch of the pilot season, it will become clear how to assess the indicator of potentially attracted users, which will determine the amount of grant funds allocated to each project.
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#promoted
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Your journey to Mars begins here.
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Today on The Daily TON RUS, we had an extraordinary broadcast (in Russian) where, together with Denis Subbotin, the tech lead of TON API, we discussed the blockchain's recent operational issues. Here are the key points of the broadcast:
— What actually happened?
In just a few hours, about 2.5 million messages were sent to one account by ~10000 unique senders. TON processed one and a half million transactions in a couple of hours, and then problems began. However, the blockchain did not «crash», even though usage was significantly hampered.
— What is BRC-20? How does it work?
A standard that involves sending text messages to one address, which off-chain software then parses and distributes tokens among users. This protocol was ported to TON and «promoted» among users.
— What did the developers and TON Foundation do?
Fixes and software updates are ongoing. The culprits (Tonano) asked their users to stop sending transactions. It's possible that the Tonano developers simply did not consider that TON's architecture is not suitable for this idea (implementing the BRC-20 standard on TON).
— What is the key difference from the recent performance test in the testnet?
There are two key differences. First: in the test, transactions were distributed, meaning they were not sent to just one smart contract. Second: the number and quality of nodes — the infrastructure was specifically enhanced for the experiment.
— How did this affect TON's readiness for such tests?
The core team is making necessary changes to the software, and key infrastructure projects are also taking this experience into account.
— What's happening now?
A small part of the blockchain continues to lag, but transactions have started to improve in the last few hours. The GitHub repository shows that the core team is currently updating the code. After fully resolving the issue, we look forward to hearing about the work done.
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— Strong Backing: Support from the TON Foundation, TONcoin.Fund, Foresight X, AC Capital, and Waterdrip.
— Rigorous Selection: Projects undergo thorough analysis for quality economic models, relevant team experience, and community engagement.
— Customer Support: The Community Protection Plan (CPP) ensures that community interests are always the focus.
— Convenient Functionality: Integration of DEX functions into the launchpad for a seamless user experience.
— Inclusivity: Plans to enable the creation of permissionless pools, which will attract even more diverse projects to the platform.
Learn more about the IDO and other events on TonUP's website and official pages.
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