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.
Ukrainian forces have since put up a strong resistance to the Russian troops amid the war that has left hundreds of Ukrainian civilians, including children, dead, according to the United Nations. Ukrainian and international officials have accused Russia of targeting civilian populations with shelling and bombardments. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. False news often spreads via public groups, or chats, with potentially fatal effects. "This time we received the coordinates of enemy vehicles marked 'V' in Kyiv region," it added. Apparently upbeat developments in Russia's discussions with Ukraine helped at least temporarily send investors back into risk assets. Russian President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko that there were "certain positive developments" occurring in the talks with Ukraine, according to a transcript of their meeting. Putin added that discussions were happening "almost on a daily basis."
from tw
