Here’s a quick look at what happened this week at STON.fi as the project continues to expand within the TON ecosystem:
USDe Integration by Ethena: Ethena has selected STON.fi to manage liquidity for its stablecoin, USDe, on the TON blockchain. Users providing liquidity can now passively earn Ethena Points.
Launch of KTON/TON Pool: A new liquidity pool with $100K in initial funds is live for KTON, a liquid staking token. This allows users to keep their assets liquid while still earning staking rewards.
Ambassador Rewards Distributed: 704 contributors in the Stonbassador program received 11,922 STON (~$19,064) for their content efforts. The rewards went to over 650 text authors and 181 video creators.
XAUt0 Pairs Go Live: Through a partnership involving USDT0, STON.fi has listed XAUt0 pairs (XAUt0/USDT and XAUt0/TON). Each XAUt0 token is backed by real gold stored in Swiss vaults and offers digital access around the clock.
STON.fi continues adding new components to build out its DeFi infrastructure on TON, focusing on interoperability and real-world asset integration.