These tokens are often the first to skyrocket, promising quicker profits.
Here's how $TON plans to take the lead
December has just started, and the action is already heating up:
- Alts are pumping
- Altseason index has hit 90
- $BTC has reached the major milestone of $100,000
But $TON is not only gearing up for a new leg up, but there are developments in the ecosystem that are allowing for additional gains.
$TON is here with its 7th @TONOpenLeague, likely the final one this year. Let’s dive into how you can take part!
The Open League New Year Airdrop kicked off on November 27 and runs until December 17.
➤ Get the DeFi Badge
The first step is to obtain your DeFi Badge, just like in the previous league. This badge is essential because without it, your activity won’t be tracked.
➜ Get your badge in telegram
Important: You must request the badge to ensure your activity is counted. Make sure to join the campaign at least 5 days before the season ends to qualify.
➤ Use DeFi Protocols
After securing your DeFi Badge, it’s time to build your DeFi Score. Engage with the following protocols by providing liquidity or trading to earn points and boost your score.
Here’s the list of projects and the points you can earn for each action:
➜ https://society.ton.org/the-open-league-new-year-airdrop?utm_source=circle
Tip: The minimum required amount for any protocol interaction is $20. Ensure you meet this threshold to qualify for points.
● Let’s See an Example
You decided to farm points on @Tonco_io, a provider of concentrated liquidity in the TON ecosystem.
It recently won the DeFi category at the Hacker House hackathon and crossed the $1.5 million mark in liquidity within just one week.
For every $20 you provide into pools: https://app.tonco.io/#/pools you’ll earn 10 points.
Right now, I’m farming my points on TONCO too. The best pool in terms of risk-reward is TON-USDT, with an impressive APR of 101%.
The more liquidity you add, the more points you’ll earn — that’s the simple math.
Important: Don’t withdraw your liquidity until the season results are announced if you want to retain your points.
➤ Monitor Your Leaderboard Position
You don’t have to farm your DeFi score on just one project. You can interact with multiple projects at the same time, and each action will impact your position on the leaderboard.
Keep track of your progress and see where you stand here:
https://society.ton.org/leaderboards?new-year
➤ Rewards
At the end of the season, the minimum eligibility score will be announced. If your wallet meets the criteria, you’ll be able to see your reward size on the user leaderboard.
Once the results are finalized, you’ll receive your airdrop directly to your wallet.
Max reward per wallet: $1,000.
That's a wrap!
The $TON ecosystem offers significant odds this cycle.
I'm confident this will be evident in both price increases and new features during the alt season.
