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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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DFINITY Bridges Internet Computer Smart Contracts with EVM Networks. ♾️⛓️🔗 The DFINITY Foundation has announced a groundbreaking API that enables Internet Computer smart contracts to interact seamlessly with Ethereum Virtual Machine (EVM) networks. This development significantly enhances cross-chain compatibility, allowing decentralized applications (dApps) to leverage the vast liquidity and user communities of EVM networks. With this new API, dApps can now benefit from cross-chain liquidity, community integration, and simplified API key management. This integration also extends to Layer 2 solutions like Optimism, Arbitrum, and Base, with the flexibility for users to add other EVM networks as needed. Currently, Internet Computer smart contracts are operational with Bitcoin and Ethereum in projects such as Bioniq, Bitfinity, and Omnity. The future looks promising with plans to integrate with the Solana blockchain as part of the Chain Fusion initiative, further enhancing interoperability. Lomesh Dutta, VP of the DFINITY Foundation, emphasized that this development marks a significant step in enabling the Internet Computer ecosystem to interact fluidly with any EVM network. This strategic integration aligns with DFINITY's broader vision to position the Internet Computer as a robust, third-generation blockchain network supporting the future of decentralized computing. Dominic Williams, President of DFINITY, has been vocal about the need for high-quality blockchain infrastructure, often contrasting the Internet Computer with what he describes as the “junk” comprising 95% of current blockchains. This new API is a pivotal step in realizing DFINITY’s vision and advancing the blockchain industry. Stay tuned for more updates as DFINITY continues to innovate and drive the future of decentralized applications. #dfinity #ICP #InternetComputer #EVM #API
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