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Curve Finance joins forces with TON Foundation to enhance stablecoin trading

Curve Finance and the TON Foundation have joined forces to launch a hackathon to develop a new Stable Swap Project on the TON blockchain. The hackathon aims to improve stablecoin trading and user experience on the network by leveraging Curve Finance's constant-function market maker solution. At least 70 teams from the TON community have expressed interest in participating, and the top three teams will have the opportunity to continue working with Curve and TON. This collaboration comes after Curve Finance experienced liquidations and a drop in the price of its token. Curve Finance has raised substantial funding from investors to enhance stablecoin trading through its automated market maker platform.

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