Today, #Telegram raised $1.7 billion through convertible bonds.
Interestingly, the funding was actually announced yesterday, with an initial target of $1.5 billionđ¸.
The bonds were issued with a 5-year maturity and a 9% yield. Of the raised funds, $945 million will go toward repaying the previous bonds issued back in 2021. The remaining capital will be used for scaling and developing Telegramâď¸.
$TON barely reacted to todayâs news compared to yesterdayâs +23%đ spike at the peak. Amid this volatilityđ, the APR in the TON/USDT pool on DEX STONfi is currently holding at 26%, plus 5% APR from the always-on farming linked to this pool.
This farmingđ¨âđž mechanism helps offset potential impermanent losses and even delivers net gains due to the steady 10%+ APR, making it genuinely worthwhile to hold liquidity in this pool.
How to earn instead of losing on STON.fi liquidity pools?
#TON #Durov
