We have written a small guide showing how to deposit and replenish the reward pool through wallets or using scripts.
Most importantly:
- be sure to include a comment with the transaction; otherwise, the funds will be returned
- do not encrypt the text comment when sending a transaction
- only send deposits from a wallet you control
- do not send funds directly from exchanges or bots to avoid losing the funds.
Your instructor @DeepTonEng
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Previously, BIT announced a strategic partnership with the TON Foundation to develop their ecosystems and bring additional value to BIT users and the TON community.
One of the agreed measures within the framework is the usage of TON as payment for trading commissions on BIT.
This feature has been implemented and is available on BIT. Users can already "Deduct commissions from TON" and enjoy a 10% discount off commissions.
How to pay commissions using TON:
- Make sure to have at least 10 TON on balance
- Go to account settings in the upper left corner of the home page
- Go to the "Commission Rate" section and enable the "Deduction from TON" function
- Use TON as the currency of payment for trading commissions and enjoy a 10% discount on spot, futures and options exchanges
Payment of commission fees is another useful application of TON and will contribute to further turnover and activity of the token.
Your commission collector @TonPost
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While some were doubting the fund's relevance and looking for shortfalls (needlessly), others are beginning to join in and actively promote it.
Those who truly believe in the TON ecosystem and its future have already made their choice.
Many projects have joined this initiative, and today we will focus on media support.
RuTON: a news channel with insights from a TON network validator. RuTON posted a detailed article about the fund on its website.
Sergey Romanov: co-founder of Red Company, which owns NFT collections such as Animals Red List, TON Earth and TON GUYS. He posted about the foundation in his personal blog.
TON Scan: a popular explorer of the TON ecosystem, allows users to track the presence of tokens and NFTs on wallet addresses and contracts. Supported the foundation by providing an additional feature: sending a deposit directly from the contract address.
TON Viewer: conveniently tracks transactions, costs and auctions of TON DNS and Telegram usernames. Showed their support by providing elaborate information and an infographic about TBF.
re:doubt: a deep analytical platform that provides TON network data in the form of accessible infographics. Showed their support by reposting about the foundation on their channel.
EVAA Protocol: a decentralized financial system that provides loans without intermediaries. It is transparent, safe and convenient for borrowers and investors, expanding access to the financial development of the TON ecosystem. Showed their support by reposting about the foundation on their channel.
TON NFT PLUS: a news channel about NFTs and everything related. Showed their support by reposting about the foundation on their channel.
On behalf of the projects that initiated Ton Believers' Fund, we thank everyone who joined in and supported this opportunity. We're stronger together!
→ Detailed information about the scope of the foundation (GitHub)
→ Instructions on how to contribute to TBF
Your TBF Club Member @DeepTonEng
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The first major contribution to the TBF prize pool for the community was made by ConnecTON!
10,256 TON were sent to the contract's address, and whoever can guess the significance of the number 256 will get a subscription to ConnecTON for 256 days!
ConnecTON is a VPN service that supports various devices and payments in TON. The project offers 10 locations with ultra-high speeds and and a choice of 4 main VPN protocols. It is fast, safe and reliable.
A free 30-day period is available to everyone. If you like their service, choose a tariff and pay for it with TON directly from the Telegram bot.
We tested ConnecTON's VPN service, and can say that their Trojan VPN protocol has yielded Internet speeds that differed by not more than 5-10%, which is an excellent indicator!
Project's resources:
Web | News | Bot
Meanwhile, the contributions keep flowing in, so stay with us and find out about other believers and supporters of the TON community.
Your TBF Club member @DeepTonEng
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We, the TON Believers Fund (TBF), urge the TON Foundation to help resolve the centralization issue caused by early miners in our ecosystem.
Early miners have shown unwavering dedication to The Open Network's mission, but their presence has concentrated Toncoin supply, posing concerns for new participants. We fear sudden selling by a small group of miners triggering a panic with severe consequences for the community.
To address this, the TBF proposes a solution that rewards participants and ensures stability for newcomers. Our smart-contract pools donations, incentivizing depositors, while locked deposits and earned rewards released monthly over three years after two years of lock-up.
To entice miners to lock their tokens, we aim to offer a fixed long-term reward yield that exceeds regular staking. This will alleviate centralization concerns and boost confidence for new participants.
We kindly request the following from the TON Foundation:
1. Endorse our initiative and help recruit early miners to enhance credibility.
2. Donate and assist in gathering contributions for the incentive pool to match staking yields for five years, making token locking more appealing.
3. Aid us in promoting the campaign, earning TON Foundation support from ecosystem projects through collaborative promotion.
TON Believers Fund - provides the optimal solution for the current TON ecosystem, with support from various projects. We urge the wider community to join us in reaching out to the TON Foundation, endorsing our cause and sharing this letter.
Together, let's incentivize miners to lock their tokens and create a secure, prosperous future for the TON ecosystem.
Sincerely,
TON Believers Fund
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Orbs has backed the initiative to freeze funds by contributing 10,045 TON to the TBF reward pool.
Orbs - is an open, decentralised and public blockchain infrastructure executed by a secure network of permissionless validators using Proof-of-Stake (PoS) consensus.
The project team has previously chosen the TON as the underlying blockchain for development and has already managed to implement services such as:
— TON Access - a robust decentralised RPC network for TON DApps that execute HTTP requests to the blockchain state from a browser;
— TON Vote - a decentralised on-chain service for making decisions, by voting.
“I believe that increasing decentralization is the best way to increase the value of TON blockchain. To do that, large long term holders should lock their tokens. This will signal the market that the coins in circulation are distributed well and expedite TON’s growth in the next few years”. — shared Tal Kol, founder of Orbs.
Project Resources:
Web | Twitter | Telegram | GitHub
Your TBF Club member @DeepTon
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Another major investor has joined the community idea and contributed to TBF 10,000 TON!
DWF Labs - is a digital asset market maker and web investment firm that provides support from token listing to market making and OTC trading solutions.
«This is a very important and truly decentralised solution that should increase TVL and reduce supply». — Andrei Grachev, Managing partner DWF Labs, shared.
Previously, DWF Labs, in partnership with another project, launched the first ever TON liquid-stacking protocol, and has also invested in the TON ecosystem and sponsored Hack-a-TON.
DWF Labs has offices in 6 countries and the investment company itself is an affiliate of Digital Wave Finance (DWF), one of the world's largest high-frequency cryptocurrency trading organisations with spot and derivatives trading on over 40 leading exchanges.
Project Resources:
Web | Telegram | Twitter | Blog
Your TBF Club member @DeepTon
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We have identified the source of a large donation to the reward pool!
Kilo Fund is one of the main investors in TON, who has been supporting it from the very beginning and was also an miner. They have contributed 10,000 TON to our fund.
"As a miner, I am happy to donate funds to the community initiative. I urge all other miners to also participate". — the investor stated, Noah Kim.
Major players in the ecosystem are starting to gradually get involved, which shows support, commitment to the community and the future of blockchain.
Your TBF Club member @DeepTon
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First Stage Labs participated in an initiative from the community and contributed 50,000 TON to the TBF Reward Pool, supporting the blockchain and its users.
First Stage Labs — is a team that builds and scales innovative blockchain companies and aims to drive mass adoption of cryptocurrencies and advance blockchain technology globally.
In addition, they invest in early-stage projects and provide broad expertise in the most sought-after areas for active company growth and development.
First Strage Labs co-founded Getgems, TON Play, Tonstarter and STON.fi. They have also invested in Tonkeeper and Fanzee.
The project has written a lot of useful articles, reviews, research and reports on their blog, which we recommend you to read.
"We are particularly excited to support this initiative because it leverages the true function of blockchain - to respect the interests of all parties and maximise their win-win". - shared Kirill Malev, junior partner at First Stage Labs.
Project Resources:
Web | Twitter | Blog
Another major connection to TON Believers Fund, can't help but make the community happy!
Your TBF Club member @DeepTonEng
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In response to an open letter in which we requested TON Foundation support, in the form of:
— providing TON from TF budgets, in an amount that matches the yield on staking for 5 years;
— attracting early miners to contribute to the reward pool;
— advertising support to attract a large community and projects to help.
TON Foundation had our attention! They shared that supporting staking yield for 5 years may be too costly, and for the initiative to be successful, large holders also need to donate to incentivise community.
According to TON Foundation, TBF initiative should be put to a community-wide vote via the TON Vote service!
Depending on the community's decision, TON Foundation is ready to offer a donation of 1 million TON(!) from the TF reserve and a public announcement of our foundation on official TON channels, which will surely attract the attention of large holders and early miners.
Our fund has already been supported by several well-known projects, including major ecosystem investors First Stage Labs, DWF, Kilo Fund, ConnecTON VPN service and Ton.Vote creators Orbs, who have already contributed a total of 90,000 TON to the incentive reward pool.
We are very grateful to the projects and TON Foundation for their support, for their prompt response, for their faith in this initiative and the development of the TON ecosystem.
We are sure that the list of supported projects and participants will only grow!
→ Vote for the initiative
→ Details on how the smart contract works
We ask everyone to vote in favour of TON Believers Fund initiative, as openness and transparency are the foundation for the blockchain and its future!
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The community voting on TON.Vote has come to an end, more than 99% (2.28M TON) of the community voted in favour of the initiative!
We are grateful to every participant for showing their support and rallying around the TON Believers Fund.
Special thanks to TON Foundation for organising the voting and soon donating 1,000,000 TON to the fund. We would also like to thank the projects that have given us media support and contributions to the TON Believers' Fund.
As a reminder, TBF aims to attract contributions from big investors, miners and holders, thanks to which the blockchain will increase its transparency and tokenomics will become more predictable.
→ Instructions for contributing to the fund
→ GitHub repository
→ TBF like-minded club
Your TBF Club member @DeepTon
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💱TON will appear on BitCastle
We've slowed down with the news for a bit due to our involvement with TBF fund, but now we're back!
The centralized exchange team shared on Twitter (X) about an upcoming TON listing, which is to take place on August 31 at 09:00 UTC.
BitCastle is a centralized cryptocurrency exchange platform launched in August 2022. More than 250k people around the world already use the exchange to trade over 40 trading pairs in 100 countries.
TON will be available as part of the TON/USDT trading pair.
Slowly but surely, TON takes over various exchanges, which proves the blockchain and its wonderful products are getting more recognition.
Your peaceful @TonPost
We've slowed down with the news for a bit due to our involvement with TBF fund, but now we're back!
The centralized exchange team shared on Twitter (X) about an upcoming TON listing, which is to take place on August 31 at 09:00 UTC.
BitCastle is a centralized cryptocurrency exchange platform launched in August 2022. More than 250k people around the world already use the exchange to trade over 40 trading pairs in 100 countries.
TON will be available as part of the TON/USDT trading pair.
Slowly but surely, TON takes over various exchanges, which proves the blockchain and its wonderful products are getting more recognition.
Your peaceful @TonPost
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🏆 11th place on CMC and going strong
TON has risen to 11th place in the ranking by CoinMarketCap. This morning it even ranked first among the TOP 100 blockchains of the week.
Over the past month, the value of the token has increased by 48%. Its capitalization was $5,986,395,109, just 400k above Polkadot (12th place) and 800k below TRON (10th place).
Despite daily trading still below their peers and growth essentially coming from large players, this may indicate that they have some insider info.🤔
So far we know that the Telegram team is expected to release their own DEX this fall, as well as TON Space (a non-custodial wallet directly in the messenger app) from the Wallet devs, which will definitely open the doors to new users.🤔
Your blockchain annihilator @TonPost
TON has risen to 11th place in the ranking by CoinMarketCap. This morning it even ranked first among the TOP 100 blockchains of the week.
Over the past month, the value of the token has increased by 48%. Its capitalization was $5,986,395,109, just 400k above Polkadot (12th place) and 800k below TRON (10th place).
Despite daily trading still below their peers and growth essentially coming from large players, this may indicate that they have some insider info.🤔
So far we know that the Telegram team is expected to release their own DEX this fall, as well as TON Space (a non-custodial wallet directly in the messenger app) from the Wallet devs, which will definitely open the doors to new users.
Your blockchain annihilator @TonPost
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TON Foundation announced its official status as a Swiss non-profit organization.
Switzerland is known for its rich history of innovation in many industries, including a clear regulatory framework on blockchain and cryptocurrencies.
This clarity of the regulatory framework is extremely important for the long-term planning, strategy, and fulfillment of TON Foundation's mission to support its ecosystem.
"This marks the next chapter for the Toncoin community," said Steve Yun, president of TON Foundation. "At the service of our community, TON Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.
As part of its ongoing commitment to openness and clarity, TF will host an annual event called "Gateway" to actively communicate and engage with the TON community.
TON Foundation's move to Switzerland, transparency, and active interaction with the community is truly a new chapter for the development of our ecosystem!
Check out the TF website: ton.foundation.
Your Swiss @TonPost
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Early holder of the wallet ending in …Y2N13 supported the TON Believers Fund by contributing 300,000 TON (≈$540,000).
Immediately after, another large holder …TKEVz deposited 2,000,000 TON (≈$3,620,000).
Next, the owner of the wallet …6Krq7 made a deposit amounting to 1,519,298 TON (≈$2,749,929).
Finally, the wallet ending in …zuadu transferred an additional 749,000 TON (≈$1,355,690).
It is worth noting that the wallets ending in …Y2N13, …6Krq7 and …zuadu have had only one incoming transaction within the last two years.
The balance of the fund, at the time of writing the post, is 4,897,924.56 TON (≈$8,896,891.09), and 1.5 months to go before the start of the lockup period.
We express our gratitude to our contributors and are excited to see our initiative attracting more and more large holders.
The announced million from the TON Foundation team is still yet to come, while we continue to attract whales to our foundation!
Your TBF Club Member @TonPost
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The cryptocurrency exchange Bitrue announced its integration with TON. Users can already make deposits and withdrawals in that currency.
Bitrue is a cryptocurrency exchange platform offering customers the opportunity to trade, invest, manage their cryptocurrency, and receive passive income.
The exchange offers staking using PowerPiggy with a maximum rate of 7% APR.
Here are the details:
- Rewards are distributed daily at 16:00 UTC
- Interest accrual starts the next day after the investment
- Funds are not blocked and can be withdrawn at any time
- In this case, no interest will be accrued
- The minimum investment amount is as low as 1 TON
Your #DYOR @TonPost
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TON Foundation, a platinum partner of the event, will take part in the annual TOKEN2049 conference in Singapore.
On September 13 and 14, in just a few days, a large-scale conference will bring together the best specialists from the crypto world and Web3 technologies.
If possible, we will try to broadcast the meeting live for you!
Your productive, @TonPost
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The Beta version of Telegram for Android 10.0.6 now offers quick and convenient access to @wallet!
By the end of the 3rd quarter, users will get open access to TON Space: a non-custodial wallet bot supporting tokens and NFTs.
Telegram devs are currently working on a channel "boost" scheme similar to Discord. Boosts would allow subscribers to support channels by voting and unlock special opportunities for administrators, such as publishing stories on their channel.
It is very likely that these boosts could be purchased for TON, which would be a good way of getting more users acquainted with the blockchain.
Support for Mini Apps: these are independent services running inside Telegram. They are similar to bots but have their own interface, accessible from the tabs in the main menu of the application.
*This information was inferred from the beta features of the application and may not be reflected in the final release.
Check out all the other innovations in Telegram's upcoming beta version.
Your beta tester @TonPost
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During today's conference, Steve Yun, the president of the TON Foundation, and John Hyman, the Telegram's Investment Director, will hold a joint presentation.
So far, we know that the speech will cover the integration of Web 3 and the TON blockchain into the Telegram messenger. Truly historic times.
The Open Builders team will conduct a live broadcast on September 13, 10:00 (UTC+3).
Make sure to set yourself a reminder so as not to miss it!
Your apprehensive @TonPost
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As previously reported, TON Foundation announced a partnership with Telegram messenger at the TOKEN2049 conference.
Here are the main takeaways from Steve Yun, President of the TON Foundation:
Here are the main takeaways from John Hyman, Chief Investment Officer of Telegram:
We feel that this public announcement of the partnership was an astounding success! We will continue supporting our growing audience and watch this formidable Web3 machine gain momentum.
Your Web3 Oracle @TonPost
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