🚨TON Foundation Teams Up with Curve Finance for Groundbreaking Stable Swap Project!🚨
The TON Foundation is thrilled to announce a powerful collaboration with Curve Finance, a leading decentralized exchange (DEX), to incubate a TON-based stable swap project! This exciting partnership will revolutionize stablecoin trading on The Open Network (TON) blockchain, bringing enhanced liquidity, efficiency, and lower price impact to users.
🌟 What to Expect:
- Advanced CFMM Integration: Curve’s constant-function market maker (CFMM) technology will simplify stablecoin swaps and improve trading experiences. ⚡
- Expert Guidance: Michael Egorov, Curve Finance’s founder, will offer advisory support to ensure seamless protocol integration and success. 🧑💼
- Community-Driven Development: A development team will be selected with community input to ensure transparency and innovation. 🤝
💥 Massive Demand for Stablecoins on TON:
- Since its launch, USDT on TON has skyrocketed, reaching $729.9 million in circulation within just four months! The TON-Curve collaboration will only further accelerate stablecoin adoption, with more assets like BTC expected to join. 🚀
🎯 Why This Matters:
- Enhanced Liquidity: More assets and a better trading experience for stablecoin swaps.
- Lower Price Impact: Minimize slippage, boosting efficiency for traders.
- Native Tokens: Airdrop opportunities for veCRV holders and early project supporters. 💰
📢 How to Get Involved:
Teams interested in developing this groundbreaking project can apply [here](https://forms.gle/sdkT4fWLyCpRvQWD8) before September 24! Don't miss this chance to be part of TON’s explosive DeFi growth!
🔥 Curve Finance at a Glance:
- Leading DEX for stablecoins with low-slippage, automated market-making technology.
- Pioneering DeFi since 2020, headquartered in Switzerland. 🇨🇭
TON’s DeFi future is just getting started! Stay tuned for more exciting updates! 🚀
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