News of the week on Ston.Fi
During the week of October 15-21 a lot of news happened, which we will talk about today.Let's start, perhaps, with the update of liquidity pools:
We have created a lot of updated liquidity pools and improved smart contracts.Now the pools have become safer, more reliable and faster.Also for farms such as: TON/MY, PUNK/TON, FTON/TON, TON/HMSTR, HMSTR/USDT we have prepared new pools with extra. Also important information: for the farm TON/HYDRA, by the way it participates in the Ton Open League(link to this topic: (https://teletype.in/@lunarknight/xRpIXrN_xwj).
Moved to a new pool(Farming: until November 8).To continue farming, you need to move the liquidity from the last farm.
1.Pooling of grants with TON Accelerator.
2.New participant in the grant program: PadTon.
Let's talk about TON Accelerator first:
TON Accelerator (https://www.tonacc.org/) helps startups in the TON ecosystem grow: it offers consultations with project founders, financial and technical support, and strategic investment opportunities.
What is the point of combining TON Accelerator and Ston.Fi grants?
The analysts of the STON.fi grant program will also review applications for the TON Accelerator. This way promising ideas will get more chances to be realized.
PadTON (https://padton.com/) is a longpad on the TON blockchain. PadTON offers token launches, IDOs and INOs (NFT's initial offering) for any DeFi project, organizes audits of smart contracts, blocks tokens to keep them stable, and assists in the early stages of development. PadTON also announced itself at one of the TON Foundation hackathons, and is now launching IDOs for other projects, providing liquidity in the mainnet, swaps and staking.
In general, the cooperation should have a favorable effect on the development of these projects.
One more interesting news: AMA sessions are coming back!
What is it and what is its meaning?
In general, AMA-sessions are events where people gather to discuss a topic and ask important questions to the person who will answer them. By the way, very often for the best questions, at least in the field of cryptocurrency, you can get awards.
๐ฅ Trading volume for the week: 8 million TON ($43 million)
๐ฅ TVL: 35.5 million TON ($185 million).
๐ฅ Our liquidity providers earned about 16,000 TON ($86,000) for the week.