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Gm 💎 Are you ready? Reply $TON + RT
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Get ready for The Open League S4 🚀 Applications are now open for @TONOpenLeague’s Season 4, featuring battles in Token, App, NFT, and DeFi categories. Key updates: 1️⃣ The Major and Minor Leagues will be merged. As usual, winners of the previous season will get an LP boost. 2️⃣ Applications for the fresh DeFi and NFT battles are open, but their start dates are to be determined. Contestants in the DeFi battle will be competing to achieve the highest TVL at risk. 3️⃣ To be eligible to compete in the App battle, teams with Telegram Mini Apps need to integrate a new SDK. 4️⃣ The top 10 projects on the leaderboard by the end of Season 4 will get an LP boost in Season 5. Applications close on June 11, 2024, at 11:00 AM UTC. Projects that miss the deadline can join Season 5. Apply here ➡️
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In May, @dedust_io launched a new staking program where rewards come from swap fees, which are converted into $SCALE and distributed as staking rewards. 🔗: https://t.co/GrB1b5hfhd This model grants $SCALE a new utility. Since May 2, 2024, more than $9M worth of SCALE has been staked on DeDust, generating high APRs, and over $288K worth of $SCALE has been distributed among stakers. Details ➡️
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Juno Pang, General Counsel at TON Foundation, believes the newly passed Financial Innovation and Technology for the 21st Century Act (FIT21) is a positive step for Web3 and the blockchain industry. FIT21 establishes clear standards for what makes a blockchain decentralized, outlining a five-prong test that assesses governance, token distribution, code stability, promotion, and token creation. To dive deeper, check out this blog post ➡️
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TON - The Open Network 💎
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💎 𝐍𝐅𝐓𝐬 & 𝐆𝐚𝐦𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐓𝐎𝐍 💎 @getgemsdotio, one of the biggest NFT marketplaces on TON, will join us for a discussion about the NFT Ecosystem and the future of Web3 gaming. Set the 🔔 on & tag a couple of friends.
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