The $TON blockchain reacted quite strongly to the fall of $BTC and $ETH today. Coins from TapTap games suffered the most: $HMSTR, $NOT reacted with a 25-30% drop. Coins from large decentralized protocols reacted much weaker, for example $STON - the coin of the most popular DEX blockchain TON fell by 9.46%, and $STORM by 9.33%.
This suggests that coin holders of TapTap games do not trust them at the moment, as the coins have nothing underneath them but their Telegram Mini Apps. The #DeFi project coins have a better track record with this, and TVL is bigger.
In addition, the $STON token has a special feature in this regard. In the STON/USDT pool on #STONfi
there is a protection against non-permanent losses, which can automatically refund users up to 5.72% of non-permanent losses.
Due to this, liquidity providers are more willing to support the liquidity of the coin. By the way, STON token has an unusual staking that gives $GEMSTON and ARKENSTON tokens that provides DAO Voting Power on STON.fi.
The infographic below shows the change in the #TON blockchain coin rate.
