Today #TON is up 15%, but it is very strange because the whole market is in consolidation today. For example, $BTC and $ETH are standing still. Why did this happen?
The reason is actually very simple. #TON and #GROK announced their official cooperation and now Elon Musk's neural network is deeply integrated inside Telegram. However, this situation showed something big - it can be seen as the first step of Elon Musk and Pavel Durov's collaboration, which is what raised such interest in TON. It is not hard to guess that this is only the beginning.
Together with the price, the volumes have also increased by 470%. If we take liquidity pools on STON.fi, the main DEX in the TON network, the APR in many pairs increased many times. For example, in TON/USDT liquidity pool APR is now 30% at $8.52M TVL. This is the main liquidity pool of the entire blockchain.
Moreover, in this liquidity pool, farming is now active, thanks to which the total APR is increasing and we get 35% APR. Farming is an exclusive feature on STON.fi, which allows liquidity providers to get additional rewards for providing liquidity. Here are some more liquidity pools with farming:
I recently faced such a problem that when trying to swap a token one for another (I was swapping tokens in $TON blockchain, #USDT for #PX ), the price impact was high and I was not able to do it with low slippage, which made the exchange rate not quite favorable.
I later realized it was due to lack of liquidity in the liquidity pool on the DEX where I was trying to do this. I tried a bunch of different platforms looking for the place with the most liquidity and wondered “why can't I just combine all these DEXs into one and get virtually zero slippage?”.
Turns out you can, and all DEXs have already been combined. On the #TON blockchain, where I was trying to swap tokens, the Omniston Protocol was launched, which combines all sources of liquidity in one place and allows for the best possible swap.
Moreover, I did a whole experiment and here are the results: — When I swap 250 USDT for PX on DeDust, I get 3,157 PX — When I swap 250 USDT to PX via Omniston, I get 3,198 PX.
The difference is quite noticeable, and just now we proved that this way of pooling liquidity is really useful and I did get more PX.
In this post, let's understand why some liquidity pools in #DeFi have such a high APR. Right now on the main DEX on the $TON blockchain, STON.fi , #SWITCH has a 670% APR and it's the highest APR on the entire DEX at the moment.
1. Farming Right now, farming is active in this liquidity pool with awards of $534.89 / day, which forms this APR. In addition to the main APR of this liquidity pool, vendors are also receiving additional awards.
2. WCPI This is a unique type of liquidity pool available only on STONfi, which allows to adjust the proportion of tokens and regulate IL. There is probably a lot of hype around this technology, which is what attracts the pools.
3. Airdrop Recently PocketFi 2.0 gave out rewards in SWITCH tokens, and a lot of people immediately started swapping the received tokens, which increases the total volumes and consequently the APR.
A lot of people are talking about this situation, but there is very little information about what exactly the hack looked like.
#CETUS was the largest liquidity aggregator with $240M TVL that was directly backed by SUI, but a vulnerability was found in it. The thing is that CETUS uses its pools as a source of prices (internal oracles), without external providers like #Chainlink ( $LINK ). This is where the main vulnerability was. Hackers were entering fake tokens into the pools, and the protocol thought it was getting liquidity.
As a result, we have huge losses and token depegs.
What can we learn from this situation? Always keep your security in mind and don't underestimate deversification. CETUS was an old project and that was one of the reasons why it had this vulnerability. But speaking of new liquidity aggregator projects, there is Omniston Protocol, developed by STON.fi DEX, the largest DEX in the #TON network. Omniston collects liquidity from different sources and thus generates the best rate and virtually zero slippage.
Finally $BTC hits $101K, what's next? This is the highest level in the last 2 months, and all indications are that the biggest #altseason# of all time is coming. $ETH is returning to its previous levels, just like $SOL .
Recall that as Bitcoin rises, a lot of liquidity is also flowing into other blockchains like #Toncoin , where volumes are rising.
The higher the volumes, the higher the APR in the liquidity pools. For example, STON.fi, the leading DEX on the #TON blockchain, has several farming pools active right now. What is farming? Farming is when a liquidity provider (LP) receives additional rewards in tokens for supplying liquidity. Here are a few of those farms:
Guide for LPs: 1. Go to STON.fi 2. Connect your wallet 3. In the “Pools” tab choose the pool you like 4. (Optionally) Swap your tokens in the “Swap” tab 5. Click “Add liquidity”
There are some problems in the #DeFi world, the main ones being: impermanent losses (IL), lack of liquidity control, and the usual imperfection of not being able to unlock the full potential of smart contracts.
However, STON.fi, the largest DEX on the $TON blockchain, is looking to solve this problem, and a unique solution has been found to each of the aforementioned problems:
1. IL Offset This feature is available in STON/USDT (34% APR) liquidity pool, and allows liquidity providers (LP) to forget about IL. The thing is that DEX will compensate IL in an amount that will be enough in case the token drops by 50%. Very handy if your priority is security.
2. Wstableswap This is a new type of liquidity pools that combines the characteristics of weighted pools and stableswap pools. The main difference from traditional pools is that the token ratio can be customized. In traditional liquidity pools this ratio is always 50:50.
3. Arbitary Provision The most interesting feature in my opinion. With this feature you can provide liquidity to the pool using any number of tokens, regardless of their price ratio. Previously, you had to have both tokens of a pair in equal value. Much easier, isn't it?
The price of anonymous numbers in #Telegram has increased by 100x
If you taken such a number in 2022 for 5 $TON , you would now have 534 $TON .
The #TON ecosystem does indeed sometimes amaze with its possibilities: #NFT gifts and stickers are gaining popularity now, but what will happen next? Should we expect the same effect as with anonymous numbers?
I think TON is the most vibrant and saturated ecosystem possible, and they were able to achieve this thanks to Telegram. After all, numbers, gifts, and stickers are all linked to the messenger, and are displayed to holders in their profile.
However, if we go beyond Telegram, there is even more to discover. For example, if we take the main DEX on the TON blockchain, STON.fi, there are many interesting farms. Farms are liquidity pools where liquidity providers are given additional rewards in tokens for providing liquidity. This is a real game changer, and here are a few of these farms to keep in mind: - JRK/TON: 341% APR - MRDN/TON: 166% APR - PUNK/TON: 74% APR
To join farming: 1. Go to STON.fi and go to app 2. Connect your wallet 3. In the “Pools” tab, select the pool you like
I guess that this memecoin will suffer the same fate as #KEKIUS , namely collapse to almost zero, and very soon. All because it's being held solely by Elon Musk and his X profile picture, as silly as that sounds.
Elon Musk loves to play with the market, and thanks to his actions in social networks not a few coins were born and died, and the most relevant of them is a parody of #GROK - a popular ai-agent from Elon, however, this is the reason why he liked it so much.
Anyway, the profile picture will be changed to the previous one - this story has already been repeated many times, and the coin is waiting for death.
Now GORK has a queit large capitalization and a lot of liquidity, which will later move to other memecoins and other blockchains, for example, to $TON . Now the most popular runner on TON is #FPIBANK , and it is quite possible that some volumes will visit it as well. By the way, STON.fi, the largest DEX on the TON blockchain, is currently active farming in the FPIBANK/USDT liquidity pool, and its APR is 62% APR. Here are some more liquidity pools with farming on STON.fi: - JRK/TON: 339% APR - MRDN/TON: 162% APR - PUNK/TON: 75% APR
Media is one of the most powerful tools of influence. What the media reports about one part of people simply reads at leisure, while the other, more prudent, carefully analyzes for market fluctuations, and that's why I'm writing this post
What was that article? In a recent issue of #ForbesBillionaires Digest, Forbes Russia wrote that Mr. Freeman (creator of Tonnel, one of #Telegram 's largest mini-apps) gave Pavel Durov a rare #nft gift, namely the #1 Plush Pepe. By the way, the gift itself cost $14,850 $TON , which is equivalent to $47,000.
Forbes itself quite rarely writes about cryptocurrencies and web3 world, the last time was Justin Sun ($TRX ) and his #Tron , but there was a unique occasion, and therefore I think we should take a closer look at this one.
I think that this kind of publicity cannot go unnoticed, so in the long run, if major news outlets write about the TON ecosystem, volumes can go up, and with volumes will come APR in the liquidity pools on STON.fi (the leading DEX on the TON blockchain). By the way, there is farming in some of the pools now. Farming is a feature on STON.fi referring to these liquidity pools where liquidity providers are given extra rewards for providing. Here are some of the farms: JRK/TON: 341% APR MRDN/TON: 159% APR PUNK/TON: 76% APR
Today's market situation is very pleasant: #Ethereum at $1800, while #Solana is on its way to $150. #BNB isn't lagging behind either - the rate is hovering around $600 right now.
Meanwhile, #Toncoin is also feeling good: up about 5% in 24 hours. What is more interesting is not TON itself, but the projects within this ecosystem.
Looking at the liquidity pools on STON.fi, the nicest way to provide liquidity to the liquidity pools is with farming. Farming is additional rewards in tokens for liquidity delivery, the presence of farming can be determined by the purple percentages under the pool name.
Here are some more liquidity pools with pharming: MRDN/TON: 163% APR PUNK/TON; 75% APR FPIBANK/USDT 69% APR
STON.fi vs Tonnel: where is it better to farm in the TON network?
During such a quiet time in crypto, various programs of staking, farming and liquidity provide are more relevant than ever. This is a stable source of income, in which, with the proper approach, there are practically no risks. However, sometimes it's not exactly profitable, and that's why in this mini-article I compared farming in liquidity pools on STON.fi and staking Telegram NFT-gifts on Tonnel. Both are on the $TON blockchain, both are decentralized, but which is better? I will compare them based on 5 main parameters: Convenience, Design, Interface, Opportunities, Security, Profitability, and then summarize. Convenience You can enter Tonnel only via #Telegram , the application is realized as Telegram Mini-app (TMA), while STON.fi has its own site. Moreover, while using Tonnel, I had repeated problems with establishing a connection, and sometimes the application closed arbitrarily with the error “Aw, Snap!”. So I concluded that Tonnel most likely has the cheapest servers. With STON.fi there is no such problem. Design Speaking about STON.fi, I would like to thank the site designers for the intuitiveness of the interface, and nice design. This site is really pleasant to use. In the case of Tonnel, I would not say that there are significant problems, but the design and animations are clearly not very good due to the fact that TMA does not give developers so many opportunities. Opportunities On Tonnel not all gifts are available for farming in the GiFi tab, but only certain ones. In the case of STON.fi, there are a lot of liquidity pools and their number is quickly replenished with the listings of new projects: as soon as #NotPixel was listed, a liquidity pool with farming appeared. Security Staking a gift on Tonnel is not a liquidity provide, and then there can't be Impermanent losses (IL) here. You stake the gift, claim the rewards and take your gift back, which you can sell at current prices. On STON.fi, like any DEX, IL happens here. This is when the difference between the prices of two tokens in the pool increases greatly, and you end up losing money. However, you can provide liquidity to the STON/USDT liquidity pool, where IL Offset applies. Another option is Stableswap pools (liquidity pools with two stablecoins), such as AquaUSD/USDT. Token prices are always the same here, because they are stablecoins, so there can be no IL. Profitability Comparing the maximum APR in one liquidity pool/gift is not quite objective, so let's compare the first 3 liquidity pools/gifts: STON.fi:JRK/TON - 415% APRMRDN/TON - 150% APRTONG/TON - 98% APR Tonnel: Berry Box: 155% APRToilet Club: 96% APRIon Gem: 45% APR Conclusion If you want to start farming in the TON network, it is better to do it on STON.fi, providing liquidity in pools with farming. Tonnel will be suitable only if you plan to hold those NFT-gifts that can be staked for a long time, because it is not possible to do it with all of them.
Everything you need to know about Omniston Protocol
What are you most interested in #Web3 ? Maybe it's decentralization, diversity of projects or opportunities. But for me personally, it's innovation. I love to see how people are improving the capabilities of blockchain every year, realizing its potential. This time my eyes fell on Omniston Protocol, a pooled liquidity protocol developed by STON.fi, the main DEX on the $TON blockchain. What is the essence of Omniston? Omniston Protocol allows to pool all sources of liquidity and as a result to achieve the best exchange rate and minimal slippage. Why is this important? Slippage and lack of liquidity is a real problem in the #defi world and Omniston is a huge step towards solving it. With Omniston, you can be sure that you are transacting at the best exchange rate and you can forget about slippage altogether. How to test Omniston? Omniston has recently been officially launched and is open for use by every user of the TON blockchain. To use it follow the steps: Go to Omniston Demo App.Connect your TON wallet.Select assets.Swap and confirm transactions.Done. By the way, once you have selected assets, the site will display the source of liquidity, thanks to which the swap is performed. It can be STON.fi itself, CoffeeSwap and others.
Memecoins on TON vs Memecoins on SOL, which is better?
There's a lot of liquidity floating around from blockchain to blockchain right now. For example, memecoins on $BNB have been gaining popularity recently, but perhaps now the meta has changed and $TON is worth considering. However, let's compare the two blockchains and find out where memecoins are better. 1. Audience #solana is the leader in the number of memecoins thanks to the #pumpfun platform, which makes it easier to launch tokens, so there is a much wider audience, there is more liquidity and the coins' potential for capitalization is also higher. TON is a more private audience, where not every memecoin can stand out. 2. Rugpull probability So far, memecoins on $TON are less susceptible to pump-dump schemes due to the fact that there are fewer tokens. On the contrary, there are much more tokens on Solana and because of this there is a huge volatility. That is why $TON looks safer. 3. DEX Integration This is a very important point as DEX allows memecoins to get more liquidity and facilitate the possibility of swaps. The main DEX is #Raydium, and in order to move from the main launchpad, Pumpfun, to DEX the token has to go through manual selection and it will not be done quickly. In the case of TON, however, everything happens much faster: a token on #BLUM needs to reach a certain capitalization and it immediately gets listed on STON.fi. Moreover, STON.fi has interesting liquidity pools with memecoins, within which farming is often launched. Here are a few of those liquidity pools: FPIBANK/USDT: 76% APRFPIBANK/TON: 45% APRVILARSO/TON: 17% APR How to provide liquidity? 1. Go to STON.fi 2. Connect your wallet in the top right corner 3. Select your favorite liquidity pool from the “Pools” tab and click on it. 4. Click “Add liquidity” 5. Done
The team says nothing, and the token took a massive hit of -90%. How did that happen? The fact is that the team had 90% of the #mantra supply in their hands, and they just dumped it. Yes, it was an obvious scam.
Especially sorry for those who were holding that coin. At the time of the crash itself, there was a huge slippage and transactions just wouldn't go through because of it. Right now my #Twitter feed is filled with screenshots of how people lost on this coin.
The #Omniston Protocol, which has become available on the $TON blockchain, would help in these situations. Thanks to the #RFQ mechanism, vitrually zero slippage is achieved, and also this protocol collects bids from all sources of liquidity and looks for the best rate. You can try Omniston at STON.fi, a leading DEX on the $TON blockchain.
This situation shows us how important innovations like Omniston are and in theory it could save someone in this situation.