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TON Foundation Allocates $24 Million for DeFi Growth on Telegram-Linked Network

The TON Foundation has allocated $24 million worth of Toncoin to support the growth of decentralized finance (DeFi) on the Telegram-linked TON blockchain
By: DeepNewz • September 06, 2024
TON Foundation Allocates $24 Million for DeFi Growth on Telegram-Linked Network

The TON Foundation has allocated $24 million worth of Toncoin to support the growth of decentralized finance (DeFi) on the Telegram-linked TON blockchain.

This initiative includes a massive 5 million Toncoin rewards program aimed at driving deeper liquidity for TON's DeFi ecosystem and boosting the adoption of USDt-TON. The program collaborates with leading DeFi projects such as ston.fi, dedust.io, tonstakers, and bemo.finance.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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