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STONfi is the Leader of the TON Ecosystem with a TVL of 100 Million Dollars. 💎👑 STONfi, the decentralized exchange (DEX) on the TON blockchain, has achieved a significant milestone, surpassing $100 million in total value locked (TVL) according to data from DeFiLlama tracker. In just one year, STONfi's TVL has surged by over 100 times, demonstrating remarkable growth and adoption. In the past month alone, it doubled, showcasing rapid expansion. With its TVL now constituting more than 55% of the total TVL on the TON blockchain, STONfi has established itself as the dominant DeFi protocol within the TON ecosystem. This achievement highlights the active participation of STONfi's community, whose engagement and liquidity provision have been instrumental in driving the platform's success. Liquidity providers on STONfi are incentivized for their participation, with 0.2% of each transaction in most pools distributed among them proportionally to their share. Additionally, certain pools offer different transaction fees, further incentivizing participation. STONfi's rapid ascent to the $100 million TVL milestone underscores its pivotal role in shaping the decentralized finance landscape within the TON ecosystem. #STONfi #tvl #ston #TonNetwork #Toncoin

STONfi is the Leader of the TON Ecosystem with a TVL of 100 Million Dollars. 💎👑

STONfi, the decentralized exchange (DEX) on the TON blockchain, has achieved a significant milestone, surpassing $100 million in total value locked (TVL) according to data from DeFiLlama tracker.

In just one year, STONfi's TVL has surged by over 100 times, demonstrating remarkable growth and adoption. In the past month alone, it doubled, showcasing rapid expansion.

With its TVL now constituting more than 55% of the total TVL on the TON blockchain, STONfi has established itself as the dominant DeFi protocol within the TON ecosystem.

This achievement highlights the active participation of STONfi's community, whose engagement and liquidity provision have been instrumental in driving the platform's success.

Liquidity providers on STONfi are incentivized for their participation, with 0.2% of each transaction in most pools distributed among them proportionally to their share. Additionally, certain pools offer different transaction fees, further incentivizing participation.

STONfi's rapid ascent to the $100 million TVL milestone underscores its pivotal role in shaping the decentralized finance landscape within the TON ecosystem.

#STONfi #tvl #ston #TonNetwork #Toncoin

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Cardano's $682M Treasury Set for Community Governance. 🤑👀 Cardano, a major blockchain platform, is nearing a significant change by handing control of its substantial $682 million treasury to its community. This move, revealed by crypto asset tracker TapTools, emphasizes Cardano's commitment to decentralization and community-led governance. According to TapTools, Cardano's treasury is mainly composed of its native ADA tokens, totaling $682 million. Unlike other blockchains, Cardano's treasury only holds ADA. Many see Cardano's expanding treasury as a sign of the network's increasing activity. The treasury is crucial for funding ecosystem development, a key factor for the project's long-term sustainability. Cardano's current governance structure has three layers, with the Cardano Foundation overseeing development and promotion, Input Output Global (IOG) handling research and development, and EMURGO focusing on commercial ventures. The upcoming "Chang" hard fork is expected to fully decentralize Cardano, giving governance power to ADA holders. Cardano founder Charles Hoskinson confirmed the ongoing implementation of 'Voltaire,' the era of community governance, while dismissing worries about the blockchain's health despite stagnant token prices. Cardano's strong treasury supports Hoskinson's optimism about the ecosystem. The treasury's growth is attributed to increased network activity, with funds coming from transaction fees and block rewards. The upgrade will allow the community to suggest and vote on projects that could be funded by the treasury. #ADA #Cardano #TapTools #charleshoskinson $ADA
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