tgUSD

STON.fi has officially joined the TeFi Alliance, a collective of projects contributing to the decentralized finance (DeFi) ecosystem on The Open Network (TON). The collaboration, led in part by Torch, aims to strengthen the TON DeFi landscape by aligning protocol development, liquidity strategies, and ecosystem-wide incentives.
As part of this initiative, STON.fi will participate in an incentivized campaign running from June 2 to August 2. Participants in the campaign will earn experience points (XP), which determine eligibility for a share in a $20,000 reward pool. XP rankings are based on activity levels, with earlier participation offering greater potential benefits.
A notable addition to the ecosystem is tgUSD, a Telegram-native, yield-generating stablecoin pegged 1:1 with USDT. tgUSD is designed for compatibility within Telegram's ecosystem and supports seamless integration into DeFi protocols on TON. STON.fi is integrating tgUSD via a new Weighted Stable Pool (tgUSD/USDT), which is expected to enhance liquidity efficiency on the platform.
STON.fi users engaging with the campaign may also access exclusive community features, including invite codes and token giveaways in tgUSD or its staking variant, stgUSD. These incentives are intended to support increased usage and experimentation within the new liquidity framework.
The partnership and technical updates reflect STON.fi’s efforts to align more closely with TON’s DeFi infrastructure, offering broader access to yield strategies while contributing to protocol-level innovation in the ecosystem.
#STONFI #TON #DeFi #tgUSD #USDT