A great new interview with DEX STON.fi CEO Slavik Baranov was recently published — here’s a brief summary👇:
◉ STON.fi was originally created to bring DeFi to $TON via Telegram.
◉ On May 15, 2024, STON.fi received investments from CoinFund, Delphi Ventures, TON Ventures, and the founders of 1inch and LI.FI, which helped accelerate development and strengthen its position in the #TON DeFi ecosystem.
◉ The release of STON.fi V2 in 2024 brought a major performance boost and many new features, such as Impermanent Loss Protection, StableSwap pools, and more.
◉ In 2024, STON.fi launched a Grant Program aimed at supporting projects on TON. As of now, STON.fi has helped 60 TON-based projects, distributing over $100,000 in total.
◉ Since late 2023, the team has grown from 19 to 50 people.
◉ In early 2024, STON.fi experienced a traffic spike — a 100x surge. Despite the pressure, the team handled it without downtime or negative impact on partners. Instead, they gained more users.
◉ In the near future, STON.fi will focus on integrating Omniston into all DeFi apps in the TON ecosystem — and is already planning expansion to one or two more blockchains. They’re also preparing to launch their own DAO.
◉ On the product side, STON.fi V3 is in development. The update will include concentrated liquidity pools.
◉ In the long term, STON.fi aims to become the main liquidity engine for Web3.
🗣️Slavik Baranov:
«If you're going to spend years building something from scratch, you'd better do it with people who inspire you and whom you trust.»