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Spotify Is Testing Token-Enabled Music Playlists. #spotify #test #music #token

Spotify Is Testing Token-Enabled Music Playlists.

#spotify #test #music #token

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TON DeFi's explosive rise is dazzling. 🔥💎👀 The first quarter of 2024 was a period of remarkable growth and innovation for the TON DeFi ecosystem. Total Value Locked (TVL) experienced a staggering sevenfold increase, driven by a surge in on-chain activity, memecoin mania, and initiatives like The Open League. The Open League program emerged as a significant catalyst for this expansion. By offering boosted farming pools with attractive Annual Percentage Yields (APYs) and competitive rewards, including a Toncoin prize pool, the program incentivized user interaction with TON projects. This, in turn, led to increased activity on decentralized exchanges (DEXs), especially during the memecoin craze. Memecoins, like Notcoin with its massive user base of 35 million, ignited a trading frenzy on TON-based DEXs such as DeDust and STON.fi. Trading volumes reached an impressive peak of $60 million. These DEXs integrated Telegram Mini Apps, streamlining the trading process by allowing users to conduct transactions directly within the Telegram messaging app. Liquid staking remained a dominant force in TON DeFi, with Tonstakers maintaining its stronghold. However, new entrants like Stakee and Whale Liquid gained traction by offering high APYs and minimal fees, attracting Toncoin holders seeking to maximize their returns. The TON DeFi landscape expanded further with the introduction of the Evaa Protocol on the TON Mainnet, adding a new dimension to lending and borrowing activities. Additionally, RedStone entered the scene as the first oracle solution on TON, providing essential external data feeds for smart contracts, enhancing data integrity, and enabling more sophisticated services. Despite critiques of TON's marketing, its substantial growth in TVL, market cap, and active users indicates a bright future. As TON attracts attention and climbs in market cap and user engagement, it is poised to become a major player in DeFi. Ongoing innovation and a thriving community enhance its potential for success. #TON #Toncoin #notcoin #NOT
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