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Home » Typography Elements » DWF Ventures Decoding the Ton Ecosystem
DeFi

DWF Ventures Decoding the Ton Ecosystem

By adminJun. 6, 2024No Comments2 Mins Read
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DWF Ventures Decoding the Ton Ecosystem
DWF Ventures Decoding the Ton Ecosystem
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Notcoin and other mini-applications are being widely adopted, and DeFi is on the rise.

@ton_blockchain and @thenotcoin are skyrocketing. As long-time supporters of the TON ecosystem, we have compiled a list of projects built on this ecosystem.

Notcoin and other mini-applications are being widely adopted, thanks to the era of crypto mini-applications. @ton_blockchain has a strong distribution channel through Telegram. The logic behind it is similar to WeChat mini-games, where the general public can easily access and interact frequently.

For most consumer projects, user adoption is usually a pain point, but @ton_blockchain makes it easier. Since its launch, the popular click-to-earn game @thenotcoin has attracted 35 million users. @CatizenAI and @fanzeelabs have also attracted millions of users in the past few weeks.

DeFi is on the rise. In the past two months, @ton_blockchain’s DeFi TVL has grown 13 times, exceeding $400 million. Leading DEXs include @ston_fi and @dedust_io, with their TVL growing 15 times and 12 times since March.

Furthermore, platforms like @tonstakers and @bemo_finance have shown outstanding performance in liquidity growth. TON stakers can earn rewards and receive liquidity staking tokens for other DeFi purposes.

A key catalyst for Ton DeFi is the partnership with @Tether_to, expanding USDT on @ton_blockchain and driving payments on Telegram. Additionally, @PanteraCapital’s recent investment in TON has brought more attention and confidence to the entire TON ecosystem.

A seamless user experience wallet. Through integration with Telegram, @ton_blockchain’s wallet user experience has been simplified. Users can easily connect their hosted/unhosted wallets on Telegram and perform any transactions, such as trading.

Ecosystem support. The @ton_blockchain ecosystem is thriving, supported by the @ton_starter launch platform, which helps many projects raise funds. Additionally, @toncoinfund is a $250 million TON ecosystem fund that invests in strong teams aspiring to build on the open network.

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