TON has entered the top-5 blockchain ecosystems for developer influx
Electric Capital recently conducted an extensive study analyzing the activity of blockchain developers in various crypto projects over the past year. The findings of this study have now been published in a comprehensive report.
Despite the obvious challenges faced by the industry, which has seen a 22% decline in blockchain developers compared to June last year, TON Ecosystem has displayed remarkable resilient growth. Over the past 12 months alone, the total number of TON developers has surged by 102%, and we now have over 170 specialists working in the ecosystem.
As a result, TON took 4th position in the rankings of developer growth over the year, marking a truly outstanding achievement, particularly given the market conditions.
As you know, developers play a special role in The Open Network's philosophy, and we warmly welcome all specialists and builders to join the ecosystem and help us reach mass adoption.
Liquid staking is now available on TON
What is liquid staking?
Liquid staking is a crypto solution that allows users to stake their tokens and earn rewards without sacrificing flexibility. Unlike traditional staking, which requires users to completely lock up their crypto for a specific period, liquid staking provides users with special tokens that can be freely traded and used in DeFi apps while they continue to earn rewards. This solution offers both earning potential and liquidity, all while contributing to the security and stability of the network.
Liquid staking on TON
TON Foundation has recently developed a new liquid staking contract to improve the convenience and accessibility of the ecosystem's DeFi segment. These smart contracts for liquid staking are currently being trialed on the testnet and are expected to be launched on the mainnet soon. Once released, the community will be informed about the various possibilities and solutions for liquid staking in the ecosystem.
Mooli enhances Toncoin (TON) integration
A new update to the Mooli cryptocurrency portfolio tracker is now available, allowing users to manage not only Toncoin and TON Jettons stored in their wallets but all staked coins in general.
Every asset, including Toncoin or Jettons, staked in any mechanism, will now be displayed in the total balance of a user's portfolio.
Mooli has also extended support to the TON Connect standard, enabling users to connect to the service through any TON wallet of their choice.
Portfolio trackers are valuable tools that offer a single, unified interface for monitoring changes in asset prices within a user's crypto portfolio.
In addition to Mooli, which initiated its support for TON in early May, users on TON can also explore CoinStats, another popular cryptocurrency portfolio tracker.
TON Community Weekly Digest
Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered TON accounts has increased from 2,856,414 to 2,883,916 (+1%) between June 26 and July 2, 2023.
Ecosystem News:
▪️ Tonkeeper has launched an extension for Chrome and Firefox. Read more.
▪️ CoinStats, a popular cryptocurrency portfolio tracker, has introduced support for Toncoin (TON). Users can now connect their TON wallet to the service and monitor their portfolio. Read more.
▪️ We invite users to take part in the public testing of Storm Trade, a new DEX based on TON. Read more.
▪️ The official ton.org website has received a major update with new features, including a "Get or Sell Toncoin" section and an article recommendation mechanism for TON Blog. Read more.
▪️ RocketX, a hybrid CEX and DEX aggregator, now supports Toncoin (TON), enabling users to transfer crypto from +85 blockchains to TON. Read more.
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The Open Network (TON) supports encrypted messaging
The Open Network (TON) has introduced an exciting update that allows users to send transactions with end-to-end encrypted text messages, ensuring privacy and security. The decentralized TON Blockchain guarantees message delivery and offers a low network fee of approximately 0.006 Toncoin, making it suitable for everyday messaging.
The encrypted messaging feature is currently supported by standard web and desktop wallets for Windows, MacOS, Linux, and MyTonWallet, while upcoming updates for TON mobile wallets and Tonkeeper wallet will include this functionality for mobile users. This update is a significant contribution to enhancing the freedom, stability and prosperity of TON Ecosystem.
New ton.org updates
There have been a few notable improvements made to the official TON website:
▪️ A "Get or sell Toncoin" section has been added, which shows users all the various options for buying and selling Toncoin.
Convenient filters have been introduced, allowing users to choose their preferred trading method (such as a bank card, P2P trading, or cryptocurrency exchanges) and specify their desired trading pairs (e.g., TON-USDT, TON-USDC, TON-BTC, etc.).
▪️ TON Blog now features a recommendation mechanism: after reading an article, the site will provide you with recommendations for similar materials.
We invite you to explore ton.org and let us know what you think about the recent improvements!
Track and manage your TON portfolio in real-time with CoinStats
CoinStats, the world’s leading crypto, DeFi, and NFT manager, now allows users to directly connect their TON wallet and easily track their portfolio. With over 1.2M users, CoinStats provides a simple and user-friendly interface for storing, purchasing, exchanging, and earning digital assets, all in one place.
Founded in 2017 by Narek Gevorgyan, CoinStats was created to meet the demand for an easy-to-use crypto tracker app. Its philosophy and global success have been guided and fueled by the needs of its users. From its small beginnings, CoinStats now supports over 300 wallets and exchanges, manages assets worth over $100M, and surpasses all other crypto management platforms in terms of compatibility.
Subscribe to @coinstats_news to stay up-to-date with CoinStats and their mission to empower individuals with effective crypto management.
Tonkeeper launches Chrome, Firefox browser extensions
Tonkeeper, a non-custodial cryptocurrency wallet, has released another huge update: an extension for both Chrome and other Chromium-based browsers. Additionally, Tonkeeper is now the first TON wallet available on Firefox.
The extension uses the TON Connect standard, which establishes a connection between users and any TON application on the web, with the aim of safeguarding users' funds.
With Tonkeeper now available as a browser extension, users gain access to a powerful tool for token transfers, exchanges, auctions, and asset management.
Tonkeeper now supports all major web platforms, including iOS, Android, Web, and as of today, Chrome and Firefox browsers.
💱 Wallet P2P Market update: Currency sorting, faster downloads, and much more
Wallet’s P2P Market has received a number of major updates over the past month. A few users have already noticed them, but for everyone else, we’d like to take this opportunity to let you know what’s changed:
Changing ad volumes
It is now possible to adjust the volume of your buy or sell offers in any direction. In buy offers (both active and inactive), the volume can be adjusted in either direction. However, for sell offers, the volume can only be increased if the offer is currently active.
Payment methods sorting and faster loading
Payment methods are now sorted by popularity, and fiat currencies are sorted alphabetically. Ads also download faster within user profiles.
Subscribe to our channel so that you don’t miss important Wallet updates and see you next week!
👛 Your Wallet team
Oveit and TON Foundation Team Up to Bring NFT Tickets to Telegram!
Oveit and TON Foundation announced a collaboration introducing Oveit NFT ticketing protocol to Telegram. Oveit will leverage TON's infrastructure to distribute and mint NFT ticket collectibles. Users will be able to access their NFT tickets using a Telegram bot managed by Oveit.
Oveit's ticketing system is packed with benefits, such as event-specific chat rooms to connect fellow event-goers or the seamless digital ticketing experience. To stay updated with Oveit and how they're revolutionizing event ticketing, follow Oveit on Twitter.
Two weeks to go in first liquidity mining rewards campaign on The Open Network (TON)
Join TON's first liquidity mining rewards campaign before it ends in just two weeks! Don't miss out on this opportunity to get involved with leading decentralized exchanges (DEX’s) Megaton Finance, STON.fi and DeDust.
In addition, TON Foundation and Port3 are hosting an exciting airdrop campaign. Sign up now for the chance to win Toncoin and Telegram premium accounts! Visit: https://soquest.xyz/space/TONnetwork/campaign/ToFeOVhOlC.
For more DEX activities and updates, visit: https://blog.ton.org/embrace-de-fi-on-ton-with-tasks-challenges-and-rewards.
TON Closes Entries on Wiki Challenge
The TON Wiki Challenge concluded yesterday, with participants actively contributing to the creation and enhancement of TON Wikipedia pages in various languages.
We received an overwhelming response to the contest and would like to thank all the participants who demonstrated exceptional knowledge and understanding in their submissions!
Deciding on the winners wasn't easy, especially given the exceptional quality of the majority of submissions. However, after a thorough examination of the texts, we have identified the deserving winners, who have been awarded prizes ranging from 60 to 250 Toncoin.
You can find out the results of the contest on TON Blog by following this link.
Once again, thanks to all the TON Wiki Challenge contributors! You have made an invaluable contribution to the development and growing popularity of TON Blockchain.
TON Community Weekly Digest
Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered TON accounts has increased from 2,767,622 to 2,807,360 (+1.4%) between June 12 and June 18, 2023.
Ecosystem News:
▪️ GM.co, the world's largest crypto e-commerce marketplace, is collaborating with TON Blockchain. Users can now buy various goods on the platform with Toncoin (TON). Read more.
▪️ The community vote on the mechanism for burning 50% of all network fees has concluded. Over 98% of users voted in favor. Read more.
▪️ Tonkeeper wallet has released a huge update with many new features. The integration of the STON.fi DEX into the Tonkeeper interface is one of the most important ecosystem advancements to date and makes decentralized finance (DeFi) more accessible to users. Read more.
▪️ TON Total Value Locked (TVL) has grown by more than +2200% and reached $18M over the past four months. Read more.
▪️TON Foundation has launched a 50,000 TON Bug Bounty to find vulnerabilities in the new Locker smart contract. Read more.
▪️ Bitfinex, a leading crypto exchange, published a podcast interview with Andrew Rogozov, a Founding Member of TON Foundation and Founder of First Stage Labs. Watch the interview.
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TON TVL has increased by over 2,200%
According to DefiLlama, the Total Value Locked (TVL) in TON increased by over 2,200% in the last four months to the current $18М.
We can attribute this to multiple factors, including the recently launched DeFi Liquidity Incentive Program, the continuous support for TON-based projects, and the ever-growing public interest in innovative TON dApps.
DeFi remains the dominant area of the ecosystem thanks to TON's scalable and shardable architecture, designed to process heavy network demand with near-instant and affordable transactions. The leading dApp with the highest TVL remains Megaton Finance, currently standing at $9.8M.
Over the last 30 days, the TVL on DeDust increased by over 371% to $4.8M while STON.fi achieved a growth of over 480% to $3.4M TVL.
TON Community votes to halve network fees
The community has voted in favor of burning 50% of all network fees, with an overwhelming majority supporting the proposal. Details about the vote can be found here. The community votes were distributed as follows:
98.22% voted for the introduction of the mechanism.
1.07% voted against.
<1% abstained.
The next step is the network validator vote, which will take place on June 15. For the new mechanism to be approved, it requires support from at least 70% of validators. Stay tuned for more updates on this significant ecosystem-wide vote.
TON Community Weekly Digest
Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered TON accounts has increased from 2,887,001 to 2,943,686 (+1.9%) between July 3 and July 9, 2023.
Ecosystem News:
▪️ TON Foundation has released its report for Q2 2023. The report highlights some of TON’s most notable developments and achievements over the past three months. Read more.
▪️ TON Wallet has incorporated new encrypted messenger functions. Users can now encrypt a text message when sending digital tokens, ensuring that no one besides the sender and recipient can view the message for the transaction. Read more.
▪️ The CAT project team has launched a new tool for tracking blockchain statistics at tonscan.org/stats. Read more.
▪️ First Stage Labs has introduced TonStat, an analytical service that allows users to easily monitor TON’s key metrics. Read more.
▪️ Mooli, a crypto portfolio tracker, now displays all staked digital tokens from your TON wallet. This update ensures that the staked coins are now represented in the overall balance of your portfolio. Read more.
▪️ It has been one year since the launch of the TON DNS domain name auction. We would like to remind you that it is necessary to annually confirm ownership, otherwise the domain will be returned to public auction. Read more.
Subscribe and be the first to receive updates from TON Ecosystem.
Introducing TonStat – a new tool for analyzing TON Blockchain.
The First Stage Labs team has launched TonStat, an analytical service that allows users to easily monitor key metrics on The Open Network (TON).
TonStat tracks various indicators, including the number of registered network addresses and wallets, the volume of Toncoin burned or staked, the number of NFTs issued, the amount of validators and several other important metrics.
The project will be continuously developed and updated with new charts. First Stage Labs aims to provide a comprehensive description of all the processes taking place on the blockchain, enabling users to independently assess the development dynamics of each ecosystem segment.
The TonStat website is able to display timely and accurate data thanks to the efforts of the TonAPI team.
📊 New beautiful page with general TON Blockchain stats is already available at tonscan.org/stats
Now you can track transaction activity, market price and trading volumes, total number of accounts, and much more. Over time, we plan to add new charts and useful data.
Launching the challenge in partnership with Tonstarter: get Glint Coin, extra farming boost for participating, and win one of the 42 Small TON Diamonds NFTs!
Tonstarter is the first launchpad on TON that supports blockchain projects through fundraising and IDOs of tokens at early stage. TON Diamonds first announced the partnership with Tonstarter in September, 2022, and in May this year the launchpad advised Glint Coin utility token launch.
In the midst of the first Glint Coin farming season we’re launching a collaboration and giving away prizes: Glint Coin, farming speed boost and small TON Diamonds NFT! To take part, go to the promo-page, connect your wallet and complete the tasks.
When you buy a TON Diamonds NFT from the official sale, you will get +100 Glint and 5% farming speed boost for each new Diamond for 2 weeks, and a 10% permanent boost right after joining.
Also, you can try your luck in the clicker activity — try to get the whole seed-phrase from a wallet with a small TON Diamonds NFT. The only thing you need to do is to click, click, click on the diamond on Tonstarter website. You can win up to three NFTs out of the 42 Diamonds available.
Hurry up to the collaboration page, connect your wallet and take part!
The Open Network (TON) Publishes Q2, 2023 Results
Over the past three months, several significant events have unfolded in TON Ecosystem, including:
▪️ The introduction of a mechanism for burning 50% of all network fees.
▪️ Toncoin placing 14th in the CoinMarketCap rankings.
▪️ Network TVL increasing by +2,200%.
▪️ Addition of new feature enabling liquid Toncoin staking.
▪️ TrustWallet, a prominent wallet in the crypto industry, extending support to Toncoin.
▪️ Numerous contests with huge prize funds.
TON Foundation has published another quarterly report and we invite you to peruse it to learn more about our notable highlights from Q2, 2023.
Storm Trade, a new DEX on TON Blockchain, commences public testing
The Storm Trade platform intends to establish itself as the first decentralized protocol for trading derivatives on TON and has recently launched an open test of the exchange on their testnet.
During this test phase, participants have the opportunity to trade a diverse range of resources with price values, even though they do not involve real assets. These include everything from cryptocurrencies to commodities like oil and gold, and even shares in famous companies like Tesla.
The team behind Storm Trade has set a timeline of two months to complete the test phase, after which they plan to launch the platform on their mainnet.
Notably, each user who participates in the test phase will be eligible for a reward.
All the relevant details and instructions can be found here.
Introducing TON-based DAO voting solution TON.vote
During the recent TON Ecosystem referendum matters such as voting on optimizing tokenomics or implementing a network fee burn mechanism were on the agenda, with the TON.vote service playing a crucial role. Today, we would like to delve deeper into TON.vote and take a closer look at how it works.
TON.vote is a decentralized on-chain governance service specifically developed by the Orbs platform for DAOs. This protocol supports referendums and voting directly on the blockchain, eliminating the need for centralized services.
With each new vote initiated by a user, a separate smart contract is created. These contracts operate independently of the TON and Orbs teams, guaranteeing complete decentralization and allowing any user to follow the link and verify voting results.
Prominent dApps such as STON.fi, EvAA, TON Punks and Fanzee have joined Orbs as partners for the launch of TON.vote. As the protocol progresses, any service within TON Ecosystem will have the opportunity to use TON.vote for conducting fully decentralized on-chain referendums.
We hope that TON.vote will empower the ecosystem and provide a transparent platform for community decision-making.
TON Community Weekly Digest
Here’s a roundup of the most exciting news from the past seven days in The Open Network (TON) Ecosystem.
Network Growth:
▪️ The number of registered TON accounts has increased from 2,814,952 to 2,852,121 (+1.3%) between June 19 and June 25, 2023.
Ecosystem News:
▪️ TON has put in place a new deflation mechanism that will burn 50% of all transaction fees. Read more.
▪️ The TON Wiki Challenge has come to a close. View results.
▪️ The DeDust DEX now supports an official token bridge as well as the Wallet Connect protocol. Read more.
▪️There are less than two weeks left until the end of the Liquidity Mining Rewards Campaign. Users still have a unique opportunity to stake Toncoin with special conditions! Read more.
▪️A huge MyTonWallet update has been released. Read more.
▪️The launch of the Oveit NFT ticketing protocol has been announced as part of collaborative efforts between TON Foundation and the Oveit team. Read more.
▪️ A major @Wallet P2P market update has been released. Read more.
🚀 Evaa on Product Hunt! 🚀
Hello, Evaa Community, today is a big milestone!
@EvaaProtocol, the pioneering lending protocol on The Open Network with Telegram integration, has made its debut on #ProductHunt, a community-driven platform that allows to showcase and vote on the latest tech 🎉
We need your voice! Here's how you can join us on this exciting journey:
1️⃣ Visit our page on Product Hunt: https://www.producthunt.com/posts/evaa-protocol
2️⃣ Sign in or register on Product Hunt
3️⃣ Click the "upvote" button
4️⃣ Share your thoughts in the comment section. We value your insights!
Let's make some noise together and show our @toncoin products to the global technology community!
🔥 Big News from MyTonWallet 🔥
Today marks an exciting milestone in our journey! We're thrilled to announce the release of our new version 14 that brings in some major enhancements, making the MyTonWallet experience more seamless and secure than ever. Let's dive into the updates:
1️⃣ Standalone Desktop Version: mytonwallet.app/get
MyTonWallet becomes the first wallet in TON to present you with Windows, macOS, and Linux versions! It was a highly anticipated release, and we couldn't be more excited to finally share it with you! Don't miss the stunning motion design video below this post, showcasing our new version.
2️⃣ Desktop Layout for Web App
Understanding the limitations of a portrait-like extension layout for a browser app, we've now introduced a dedicated desktop layout for our web app, ensuring a comfortable and efficient browsing experience.
3️⃣ Ledger Hardware Wallet Support
We're pushing the boundaries with our Ledger hardware wallet support. This is a important step towards full TON support by Ledger, a much-anticipated upgrade expected in the coming weeks. This integration is a game-changer for the entire blockchain and takes the security of your assets to the next level.
4️⃣ Redesigned Settings
We believe in evolution and improvement. Keeping that in mind, we've given our Settings section a complete makeover. With an emphasis on user-friendliness, it is now more intuitive and easier to navigate.
We're proud to share these upgrades with our community and cannot wait for you to experience them! As we continue our pursuit of excellence, we would like to thank our incredible community for their continuous support.
Get ready to enjoy a whole new level of MyTonWallet experience!
@MyTonWalletEn
DeDust has implemented a TON Bridge, enabling users to seamlessly transfer tokens between Ethereum and TON Blockchain
DeDust users can now directly transfer tokens between TON Blockchain and the Ethereum blockchain using the official bridge. Additionally, DeDust's built-in bridge includes support for the Wallet Connect protocol, enabling the use of various crypto wallets such as Uniswap Wallet, SafePal, Rainbow, and others.
Previously, in order to access TON Ecosystem from Ethereum, users had to rely on Metamask. However, thanks to these new developments, accessing TON has become easier than ever before. DeDust has also initiated a user reward program, distributing 120,000 TON tokens to liquidity providers. It is important to note that when utilizing the bridge for transfers, network fees on both blockchains still apply. Likewise, some users may experience stability issues with Trust Wallet when connecting via the Wallet Connect protocol. In this case, we recommend using the built-in Trust Wallet browser or an alternative wallet altogether.
TON has officially implemented a new deflationary mechanism that will burn 50% of all transaction fees
The TON validators have voted to implement a new real-time burn mechanism that will halve TON transaction fees. This proposal was initially put forward by TON Community on June 1, 2023, and received overwhelming support from TON holders with 98.22% of votes cast in favor.
The validators’ vote was held afterwards, with 76.3% of votes in favor of the proposal. The mechanism went live following the validator vote on June 17 and the burn will continue indefinitely.
We thank you all for voting and for making your voices heard.
You have been part of a historic moment in The Open Network.
💎 Special bug bounty event
Following previous efforts to improve TON tokenomics, which include tokenomics optimization and deflation mechanisms, TON Foundation explores further options of direct stimulation of TON supply stabilization and predictability.
For this purpose we have developed smart contract Locker which incentivize long-term assets locking with subsequent smooth unlocking.
TF announces special bug-bounty event to discover vulnerabilities in Locker contract.
Prize fund: Up to 50'000 TON
Deadline: 23:59 on June 30th (UTC)
Who can participate: Everyone
How to submit: Open issue on github
Tonkeeper 3.2
Tonkeeper wallet has released a major update, which includes a variety of new features, including:
▪️ Token exchanges
The STON.fi DEX has been integrated into Tonkeeper's interface, allowing users to exchange their coins in seconds without leaving a wallet.
▪️ Token confirmation
Users can now easily reject incoming transactions with a single click to protect their wallets from junk coins.
▪️ Support for TON sites
The integrated Tonkeeper browser now supports decentralized .ton sites. Users can easily visit TON pages directly in their wallet without the requirement for additional configurations.
TONcoin.Fund x TON Accelerator Cohort Showcase, DWF tie up
The recently launched TON Accelerator program is hosting the first cohort showcase for TONcoin.Fund and its accelerator partners.
The projects have been sourced by the TON Foundation through three methods during the first half of the year:
1. A global hackathon with DoraHacks, which resulted in over 200 submissions. The event culminated in 10 winners who received a total of $300K for further development.
2. TON builder meetups, which included 15 hacker sessions with over 800 attendees in various cities around the world.
3. TON Accelerator submissions, which received over 100 entries in its first week of launch.
The showcase will feature eight early-stage projects that are building across different verticals, ranging from financial applications such as decentralized perpetual contracts to technical domains such as TON storage. Once the private session is completed, a publicly available version will be made for the community to view.
Additionally, DWF Labs, the global digital asset market maker and multi-stage Web3 investment firm, has joined as the newest member of the TON Accelerator partners.
Andrei Grachev, Managing Partner of DWF Lab, stated: “DWF Labs and their willingness to support DeFi primitives through liquidity provisioning will be instrumental in establishing a strong DeFi foundation on TON.”
He added: “DWF Labs has been a consistent supporter of projects on TON, as evident from their past investments.
“We are committed to providing comprehensive support to selected projects. We also actively assist projects with their tokenomics, market making, and liquidity provision. Our ongoing investments demonstrate our strong dedication to projects on TON, and we are excited to collaborate further with the TON Foundation and the vibrant community.”