🏜 The power of community: DeDust.io celebrates its launch anniversary

⚫️ Today, November 19, 2023, we celebrate an important milestone in the history of TON: the first year of the decentralized exchange DeDust.io.

⚫️ Over this past year, the exchange has evolved from a humble startup into a leading element of The Open Network ecosystem, becoming a true force of innovation. DeDust.io is renowned for its unparalleled user experience, cutting-edge technological solutions, and dedication to both users and developers.

⚫️ But the most important aspect is that DeDust.io was made possible by the support and belief of our united community. From the successful ICO of the $SCALE token to the incredibly cohesive community in the project's channel, which has become an integral part of the exchange itself.

❤️ We thank everyone who has been and continues to be a part of the creation and development of the «people's DEX!» We are confident that many joint successes await us in the future.

⌨️ The Weekly TON: This week's highlights

⚫️ Ton Whales team has launched a liquid staking protocol. Trading of the new derivative token $wsTON and the corresponding liquidity pool are now available on DeDust.io.

⚫️ The decentralized service for launching staking pools, JVault, has gone live on the mainnet. At launch, users have access to three staking options for the meme token $BOLT.

⚫️ The analytical platform DYOR.ninja has entered open beta testing, replacing the fck.dev project by the FCK.team. Now, getting information about tokens and decentralized applications on TON has become even easier.

⚫️ AMM DEX Megaton Finance has launched an eight-tier staking program for 180 days for its own token, $MEGA.

🔥 Yesterday, community celebrated the Birthday of the decentralized exchange DeDust.io: it's been exactly one year since the DEX has been reliably serving its users. You still have time to join in the celebrations!

@thedailyton

👁 What could be more liquid than water itself?

⚫️ The stablecoin aquaUSD from Aqua Protocol is now 95% ready for its mainnet launch. Along with the announcement of thematic NFTs, the team has initiated a campaign on Zealy. By participating, you can secure a spot on the project's whitelist, which will allow you to mint those very NFTs on November 29th with a significant discount, or even for free.

⚫️ But let's return to aquaUSD. The token's backing comes from utilizing liquid staking coins from Bemo, Tonstakers, Hipo, Ton Whales. You provide your TON or stTON (with other derivative tokens to be added later) as collateral, and in return, Aqua Protocol will mint and transfer aquaUSD to your wallet.

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.

⚫️So, why issue Aqua Genesis NFTs? Besides being part of a beautiful story about an underwater civilization reminiscent of Bioshock, owners will have the opportunity to:

— 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.

⚫️ The Aqua Protocol team sets an ambitious goal — to create the first native stablecoin on TON blockchain, thereby boosting decentralized finance in the ecosystem. All that remains is to wish the project luck, as its authors certainly don't lack courage.

@thedailyton

🍌 Following The Gateway: When will the native stablecoin on TON launch?

⚫️ The recent conference in Dubai brought us not only the rollout plan for the Wallet available to all Telegram users, but also numerous rumors of an impending partnership with a major stablecoin issuer. And while the community awaits news, The Daily TON decided to conduct its investigation to figure out when The Open Network will see a native stablecoin.

⚫️ For months, rumors about a native stablecoin have circulated, bolstered by a CertiK-audited smart contract on GitHub for over a year. TON Foundation's spokespeople have not shied away from acknowledging these discussions: Anton Tsivarev initially hinted at ongoing global efforts for stablecoin integration in a developer's chat, and post-Gateway, Howard Peng, a DevRel specialist at the TON Foundation, alluded to a collaboration with "a major player" while on a live stream.

⚫️ Currently, Tether and Circle – the issuers of USDT and USDC tokens, respectively – dominate the stablecoin market. Both have debuted their tokens across more than ten different blockchains. Yet, before we leap to any conclusions about the potential frontrunner, let's examine the evidence at hand. Given that Circle is an American entity and considering TON’s intricate past with the U.S. (highlighted by the fact that the Wallet is not accessible to American users), it seems improbable that a partnership with Circle is on the horizon.

💎 In contrast, Tether is registered in Hong Kong and belongs to the same company that owns the Bitfinex exchange. Toncoin was listed there earlier this year, and during last summer, Andrey Rogozov, a member of the TON Foundation, gave an interview to the exchange’s channel.

⚫️ If we cautiously speculate that TON Foundation is in dialogue with Tether, then what's the expected schedule for this integration? What could be delaying the much-anticipated launch of USDT on TON? Plausibly, it's the absence of necessary infrastructure. Among the new features of the fifth wallet standard, one can anticipate "gasless transactions" that will allow users to send tokens without paying gas in Toncoin. Given that "gasless transactions" are already a feature of the TRON blockchain – which leads in USDT transactions – it's conceivable that the TON Foundation, having recognized the utility of fee-free transfers, seeks to implement a comparable feature in their quest for "mass adoption" and in attracting hundreds of millions of TON users.

⚫️ The introduction of the fifth-standard wallet is scheduled for mid-next year, and it's quite likely that this event will coincide with the debut of the first native stablecoin on The Open Network. Meanwhile, users can utilize wrapped tokens to provide liquidity and store savings.

@thedailyton

⌨️ The Weekly TON: This week's highlights

⚫️ Aqua Protocol has announced the launch of an NFT collection, which elements will provide holders with numerous bonuses as part of the launch of the aquaUSD stablecoin.

⚫️ The Phase 2 of TON Odyssey program — a collaboration between The Open Network and Bybit cryptocurrency exchange, which we wrote about earlier — has started. In this new phase, the focus is on a trading contest and a referral program, with a prize fund for participants amounting to $56,000.

⚫️ TON Accelerator platform for startups is launching a mentorship program, where emerging projects in need of expert support can benefit from guidance by experienced TON builders.

🔥 We have released our own investigation, attempting to figure out when a native stablecoin might appear in TON ecosystem. Check out the results!

⚫️ The ACG MMORPG game Tap Fantasy has launched on TON blockchain. Thanks to a grant from TON Foundation, the project has already acquired gaming NFTs and its own token, $MC.

@thedailyton

💎 A win-win Proposal?

⚫️ From November 20th to 24th, voting for The Open League proposal took place on TON.Vote website. TON Foundation needed to prove that the community supports the launch of the pilot season, as well as to gather additional feedback and suggestions.

⚫️ In a nutshell, The Open League is a large-scale grant support platform for projects. Its goal, over three seasons by mid-spring 2025, is to attract at least five million users to TON Ecosystem. The Open League will stand on two main pillars:

⚫️ @community_bot, familiar to many of you, will take on the role of a quest platform, through which participants in the reward programs can earn XP points.

⚫️ TON Society — a fundamentally new platform for the community — will become a kind of social network, combining profiles of initiative participants and giving them the opportunity to showcase achievements, accumulate XP, and participate in voting.

⚫️ Primate impact is too high channel has recently published a detailed breakdown of the main points of the proposal in a Telegraph article format (russian language). Meanwhile, we revisited the 18-minute presentation from The Gateway conference and spoke with a representative from Tonstarter, further elucidating some aspects of the initiative:

— 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.

👁 As we see, many questions will be resolved based on the experience of The Open League's pilot season. And it will undoubtedly happen, as in the voting on TON.Vote, 477 out of 493 participants unequivocally supported the proposal (99.5% of votes «Yes» in TON equivalent). We've already seen successful campaigns conducted with the help of Community Bot, so we can optimistically expect a new significant leap in the development of TON Ecosystem. Looking forward to new announcements!

@thedailyton

📈 Hipo Protocol: One Month in the Mainnet!

⚫️ Since its launch, Hipo liquid staking protocol has successfully surpassed the $1 million mark, and then the $2 million TVL. Currently, the amount of locked funds has reached $2.13 million and is now eyeing a surge towards the third million. There's every reason to believe this milestone will be achieved.

⚫️ Each time a new TVL milestone was reached, the Hipo team promised to distribute 1% of governance tokens among those who contributed to the protocol's development: primarily stakers, as well as users who invited acquaintances to the project through the referral program. And while everyone is awaiting the disclosure of the token distribution terms, we cautiously assume that participants might be rewarded with an additional percentage for reaching the third million in TVL.

⚫️ Additionally, the team recently featured in a post by the TON Community and released their own NFT collection «99 Hipo Hard Rock». Owners of these elements will be able to participate in future airdrops of the same governance tokens. Right now, the musical hippos are finding their way into the wallets of participants in the recently concluded campaign on Zealy.

⚫️ Hipo isn't shy about highlighting its strengths. The protocol's open-source code, the successful security audit we wrote about earlier, a low commission fee of 6.25%, and continuous community engagement in the project's life — all these factors allow Hipo to hold a strong position in the liquid staking sphere. We congratulate the team on such rapid development and look forward to their future successes. Keep it up!

@thedailyton

🐤 Pearl hunters embark on the hunt: Getgems conducts the first cNFT mint

⚫️ This summer, we wrote about the new token standard — Compressed NFT (cNFT), which significantly reduces the amount of data uploaded to the blockchain and, consequently, makes it hundreds of times cheaper to release collections.

⚫️ The Getgems team tried out this technology in their Pearls by Gems bot, minting 16,000 cNFTs for just $3. Everyone who connected their wallets in time received tokens. It's worth noting that currently, only @wallet can display the new standard NFTs, but they can be viewed in your profile on getgems.io.

⚫️ TON became the second blockchain after Solana to implement the cNFT standard. However, «compressed» NFTs on one of the Solana trading platforms were launched just recently — in September this year, which means Getgems has every chance to take the lead in the newly opened niche.

⚫️ The «pearl» collection by Lost Dogs delighted owners not only with its pleasant visual style and atmospheric story: one user was lucky enough to sell a postcard for 45 $TON! Given the overall cost of issuing the collection, this is indeed an impressive result.

🚀 We look forward to new drops and other mass collections using Compressed NFT. The first stage has been successfully completed, and there's more to come!

@thedailyton

📈 Fairlaunch* of TON Raffles Utility Token

⚫️ Yesterday, the presale of the $RAFF token launched on tonraffles.app, aimed to become the main utility token for the same platform.

⚫️ Launch details are available on the presale page: there, you can find technical details, tokenomics, FAQs, and current presale data. It's noteworthy that the Soft Cap for the launch was set at 2500 TON, and more than 17500 TON has been collected to date, exceeding the plan by almost seven times.

⚫️ The excitement can be attributed to TON Raffles' active growth over the past year, contributing to the TON ecosystem's development. The first post on the Ton Raffles channel was published in July 2022.

⚫️ Since then, they have launched a DEX (based on DeDust smart contracts), a token locking mechanism, a launchpad for NFTs and tokens, and conducted numerous raffles and events on Zealy. The community can look forward to staking and farming from a dozen TON blockchain projects in the future.

⚫️ The presale will continue until December 12, with investors receiving their tokens in full on the same day (without any locks). After completion, the token will be listed on the DeDust.io exchange. Participation is possible through the $RAFF Presale page.

🖊 *Fairlaunch — a token launch method that excludes an early sale phase. The supply will be distributed proportionally among all presale participants.

#promoted

⌨️ The Weekly TON: This week's highlights

🔥 We analyzed the results of the recent voting on TON.Vote for The Open League proposal, discussed the essence of the project, and talked with a representative from Tonstarter, obtaining answers to some important questions.

⚫️ The first phase of the EVAA Hackathon was launched — the Dev Phase. The main task for participants is to create liquidation bots that can automatically seize and sell collaterals when their value drops too low.

⚫️ Hipo celebrated its first month in the mainnet. In honor of this occasion, we talked about the team's achievements and the unique features and opportunities Hipo offers to its stakers.

⚫️ Getgems, through the Pearls by Gems bot, conducted the first drop of «compressed» NFTs on TON blockchain, spending just $3 to mint 16,000 tokens.

⚫️Animoca Brands, a blockchain game development studio and leading digital property rights holder in metaverses, has become the largest validator of TON network.

⚫️ TON Raffles launched a presale of their main utility token $RAFF through a Fairlaunch method, exceeding their Soft Cap plan by almost ten times at the time of writing this digest.

@thedailyton

🚀 The Martian Chronicles in The Open Network

⚫️ We recently held a live stream with the lead of TON Foundation Gaming (on our russian-language channel The Daily TON RUS), where we discussed the existing GameFi products in our ecosystem. This isn't the first broadcast where we've discussed blockchain games — an interesting but complex topic.

⚫️ One of the main questions that arises in such discussions is, «Why does a game need blockchain?»: so far, we've managed without decentralization and everything works fine. And when it comes to an existing game that would benefit from the implementation of blockchain technologies, everyone cites the same project — EVE Online. This space MMORPG, jokingly called an «Excel simulator» due to its complex gameplay, has managed to attract over 10 million players.

⚫️ TON also has its own space online simulator requiring thoughtful study and meticulous calculations — TON Planets.

⚫️ It's a browser-based economic strategy game with numerous mechanics and the opportunity to earn while playing. The simulator offers to manage your holdings on the surface of Mars: buying and selling plots, leasing them out, placing production facilities and workers, trading resources on the market.

⚫️ Much of the economy is built by the players themselves — all resources are traded on the spot exchange between real people. Many game assets are tokenized — there's a native token and several NFT collections. A very lively, active, and engaged community comes along with it. Trying to describe all the possibilities is pointless — the game is too big for one post.

⚫️ In TON Planets, you really can earn, but it requires effort and practice, insist the developers. If you love thoughtful strategies and aren't afraid of spreadsheets — definitely give it a try. For newcomers, there's an available starter aid kit, and after activating the bot, you'll be kindly offered to delve into Marsology — an extensive and deep guide on the game's mechanics and lore.

Your journey to Mars begins here.

@thedailyton

📡 Brief summary of The Daily Talk x TON API broadcast.

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.

@thedailyton

🚀 Relaunch of the high-profile TON-20 standard

⚫️ The weekend gave TON ecosystem a brief respite from the upheaval, but it was not meant to last long. Today, at 12:00 UTC, the protocol will be relaunched, and the minting of the TON-20 token will once again test the infrastructure's resilience.

⚫️ This time, the creators of Tonano have taken measures against spam from script minters: only transactions signed by basic wallets (such as @wallet, Tonkeeper, MyTonWallet, and others) to the address of your own wallet will be indexed. Transactions sent to a zero address will not be indexed, meaning that their overload should not cause network failures.

⚫️ Thanks to the coordinated efforts of TON team, it was possible not only to cope with the network overload and process all the «stuck» transactions but also to promptly work with validators on updating nodes and release a series of necessary patches. More details about what happened can be learned from the summary of our special broadcast.

⚫️ Now, Tonano is ready to resume token issuance on their website and, judging by the comment from Anthony Tsivarev, Director of Ecosystem Development at TON Foundation: «Yes, the latest validator updates will help us cope with this,» — everything should go smoothly. We believe in the success of the blockchain and are closely monitoring the upcoming mint!

@thedailyton

📈 Unexpected (or Inevitable?) success of the $RAFF sale

⚫️ The TonRaffles team, consisting of independent developers with no ties to TON Foundation or famous funds backing them, has been building their platform with various tools for NFTs and jettons in TON for one and a half years.

⚫️ In early December, they launched a fairlaunch* of their utility token $RAFF, and as of now, they have collected a staggering 120,221 TON, which is nearly 50 times the size of the Soft Cap announced at the start. The sale has already seen the participation of 1,719 people, despite disruptions in the network's operation. With several hours left until the end (16:00 UTC), the amount and number of participants are likely to increase.

⚫️ We've written in detail about the platform in the sale advertisement, and now all that remains is to congratulate the project on its successful fundraising and wish them a successful listing.

⚫️ A great example of a team driven by enthusiasm, a commitment to making a quality product, and staying connected with the community. It's no surprise that for their token listing, they chose a like-minded project — DeDust.io. For convenience, the exchange was previously natively integrated into the TonRaffles platform.

💡 *Fairlaunch — a token launch method where there is no early sales phase. The supply will be distributed proportionally among all pre-sale participants.

@thedailyton

⌨️ The Weekly TON: This week's highlights

⚫️ We talked about TON Planets, an economic strategy game with P2E elements and a vast array of complex game mechanics (the multicheck for in-game currency is still active via the link).

⚫️ The all-in-one web3 wallet from one of the largest crypto copy trading platforms, Bitget, has integrated TON mainnet into its services. Moreover, a related application for earning bonuses, Rewards Center, appeared in the Telegram Web App ecosystem.

🔥 To understand the reasons behind the blockchain's unstable operation, we conducted a special episode of The Daily Talk show. Denis Subbotin, the tech lead of TON API, tried to shed light on the situation. A text recap is available via the link.

⚫️ While work was ongoing to stabilize network, TON Community released several publications detailing what led to the overload of TON, the measures developers took to resolve the issues, and a post expressing gratitude to everyone who believed in the restoration of services and was directly involved in it.

@thedailyton

⭐️ A flurry of events from the TonUP launchpad

⚫️ One of the leading launch platforms TonUP is gearing up for the IDO of its token $UP on December 20th. The launchpad positions itself not only as a hub for realizing the boldest ideas but also as a center for finding and developing the most promising projects in TON ecosystem.

⚫️ For those who haven't yet encountered the platform and its products, let's remind you of TonUP's features and advantages:

— 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.

⚫️ Now, back to the upcoming IDO of the $UP token. The initial offering will take place on December 20th, exclusively at TonUP.io. After the IDO the listing on the major TON DEXes will take plaсe. Yesterday, the platform launched an event, whose participants could secure a spot in the whitelist for the upcoming IDO. A great opportunity to be part of a unique ecosystem event.

🔥 In anticipation of its token release, TonUP has organized a truly impressive series of events. We invite you to join the activities from the platform and make the most of these unique offers.

Learn more about the IDO and other events on TonUP's website and official pages.

@thedailyton

✔️ The TON-20 standard is confidently taking its place in TON ecosystem

⚫️ $NANO has been fully minted for several days now, and the blockchain and its main services predominantly maintain stability in operation. The measures taken by Tonano to change the nature of indexing have had an effect, and instead of holders with billions of tokens, the $NANO supply has been evenly distributed among wallets, with no top holder exceeding 1.5%.

⚫️ Even though the cost of minting for an individual user can't be called a budget breake, the total network commission over these days amounted to an impressive 138 thousand TON. Nonetheless, some enthusiasts spent tens of Toncoin on minting tokens, hoping to multiply this investment in the future.

⚫️ TON-20 has become a convenient tool for creating fan tokens, whose tickers display the names of popular products in the cryptocurrency world. Thus, any user can claim a corresponding name (such as «ton», «doge», «hello world», etc.) while setting a supply ranging from several billion to just one token.

⚫️ For instance, «bolt» and «bolt20», named after the main meme coin on TON, both entered the top ten in the number of holders among all tickers on the platform. And while the prospects of these assets are uncertain, such flashmobs may indicate user trust in certain ecosystem products and serve as good promotional campaigns for the launch of new projects.

⚫️ Although the marketplace on the Tonano website has not yet been launched, users have already begun actively using the minted tokens for trading on OTC (over-the-counter trading platforms).

📒 In the end, three positive aspects of implementing the new standard can be highlighted: a shake-up for the ecosystem, which thoroughly invigorated the sleepy community; an influx of new users from Asia thanks to viral posts on X (Twitter); and, of course, the updating of validators and modernization of the blockchain infrastructure, which became a bit too self-assured after achieving the TPS record.

@thedailyton

☑️ Broadcast: How to launch your project into space and what to watch out for so your «rocket» doesn’t explode in the first minute of flight?

⚫️ The Daily Talk — a show where we invite guests working on interesting projects in the world of blockchain. In this episode, our speaker will be Sing, a business development manager at the TonUP launchpad.

⚫️ We'll discuss: The TonUP's background and the platform's future plans. What is the team's goal in launching the $UP token, and what about its tokenomics? How does the search for projects to launch work, and what criteria must they meet?

⚫️ Let's talk about the prospects and trends in the Web3 market. Is now a good time to launch new products, and which categories will be the most in demand in the near future?

⚫️ Moreover, following our tradition, we will hold a prize draw after the broadcast. Five awards of 5 $TON each will be distributed among the listeners who ask the most interesting questions, either by voice or in the comments. Winners will be selected manually, so the result of the raffle depends on your creativity, not chance.

📡 The Daily Talk will air on Thursday, December 21, at 13:00 UTC, so reserve this time for our show and learn more about the opportunities of the TonUP platform firsthand. The broadcast will take place here, on our Telegram channel, and we will remind you about it shortly before the start. See you there!

@thedailyton

⚫️ Attention! Less than two hours left until the start of the broadcast with Sing, the Business Development Manager at TonUP launchpad. The show will take place right here, on The Daily TON, in the format of a Telegram broadcast, at 13:00 UTC.

⚫️ During the broadcast, you can participate in the draw for five prizes of 5 $TON each. The awards will go to the authors of the most interesting questions asked either verbally or written in the comments. A post for questions will appear at the beginning of the broadcast, and the results will be published shortly after its conclusion.

⚫️ Learn more about the work of the launchpad, the team's future plans, and the prospects awaiting you when launching your project on TonUP. We look forward to seeing everyone there!

@thedailyton