TON Foundation introduces new liquidity mining rewards program

TON Foundation introduces new liquidity mining rewards program



The TON Foundation, a non-profit organization dedicated to advancing The Open Network (TON), has introduced a liquidity mining rewards campaign with the aim of encouraging users from other chains to join the TON ecosystem. The campaign offers rewards of up to $720,000 in toncoin (TON) and will be active from June 5 to June 30.



To facilitate this initiative, several decentralized exchange (DEX) protocols, including Megaton Finance, DeDust, and STON.fi, have joined forces. These DEXs will distribute the allocated funds across the TON ecosystem.



The launch of this liquidity mining rewards campaign follows the establishment of a two-way bridge that enables the transfer of ERC-20 tokens from Ethereum to Jettons, which are natively wrapped fungible tokens on TON. Key token pools such as jUSDt, jUSDC, and jWBTC have been created to


Read more about TON Foundation introduces new liquidity mining rewards program


#Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #News, #Regulations, #TON

Comments

Popular posts from this blog

Polygon Labs Secures ISO 27001 Certification, Enhancing Blockchain Security Standards

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level