TON Foundation Collaborates with Curve Finance to Incubate Stable Swap Project
TON Foundation and leading DEX Curve Finance will incubate a new TON-based stable swap project. This collaboration will open up new opportunities for stablecoin trading on the TON blockchain, providing a more accessible and efficient trading experience.
Leveraging Curve’s advanced CFMM technology, the project aims to simplify stablecoin swaps, enhance user experience, and minimize price impact. With Michael Egorov, founder of Curve Finance, advising the selected team, this collaboration is set to deliver a seamless, innovative DeFi solution on TON.
With USDt on TON reaching $729.9M in net circulation just four months after its launch, demand for stablecoins on TON is rapidly growing. This new initiative will meet that demand, boost liquidity, and propel the adoption of TON’s Web3 ecosystem. Details.
Interested in building the project? Apply now! Submissions are open until September 24.
TON Foundation Collaborates with Curve Finance to Incubate Stable Swap Project
TON Foundation and leading DEX Curve Finance will incubate a new TON-based stable swap project. This collaboration will open up new opportunities for stablecoin trading on the TON blockchain, providing a more accessible and efficient trading experience.
Leveraging Curve’s advanced CFMM technology, the project aims to simplify stablecoin swaps, enhance user experience, and minimize price impact. With Michael Egorov, founder of Curve Finance, advising the selected team, this collaboration is set to deliver a seamless, innovative DeFi solution on TON.
With USDt on TON reaching $729.9M in net circulation just four months after its launch, demand for stablecoins on TON is rapidly growing. This new initiative will meet that demand, boost liquidity, and propel the adoption of TON’s Web3 ecosystem. Details.
Interested in building the project? Apply now! Submissions are open until September 24.
The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. Ukrainian President Volodymyr Zelensky said in a video message on Tuesday that Ukrainian forces "destroy the invaders wherever we can." Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs. The channel appears to be part of the broader information war that has developed following Russia's invasion of Ukraine. The Kremlin has paid Russian TikTok influencers to push propaganda, according to a Vice News investigation, while ProPublica found that fake Russian fact check videos had been viewed over a million times on Telegram. "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added.
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