Tonstakers, the largest liquid staking protocol on the TON blockchain, is participating in a DeFi incentive project for Toncoin. The project aims to increase the adoption of USDt-TON trading pairs and improve liquidity on the TON DeFi network. It is partnering with DeFi platforms DeDust and STON.fi to expand liquidity and provide a more effective marketplace. Users can stake Toncoin and receive rewards in staking derivatives, which can then be paired with USDt for liquidity provision on decentralized exchanges. The project will initially focus on rewarding participants in DeDust and STON.fi-based liquidity pools, with the TON Foundation distributing 5M TON for additional rewards. This partnership aims to drive adoption of the TON-based DeFi ecosystem and encourage users to stake their TON tokens.
- Content Editor ( blockchainreporter.net )
- 2024-09-09
Tonstakers Unveils Liquidity Rewards in tsTON with Support from TON Foundation