TVM Ventures has invested $5.75 million into three projects within the TON Blockchain ecosystem: Torch Finance, Factorial Finance, and Memes Lab. These projects aim to strengthen the DeFi and SocialFi sectors within TON by providing solutions for liquidity, lending, and community engagement.
Torch Finance is a Stable Swap protocol focused on facilitating liquidity transfer to TON, with a migration capacity of up to $2 billion. It includes Stable Swap V2, an updated version of the protocol that offers advanced functionalities and a decentralized stablecoin backed by TON ecosystem assets.
Factorial Finance aims to introduce a decentralized lending system on TON with a modular approach. It provides flexibility to users and projects, allowing them to create and manage customized liquidity pools according to their risk and return preferences.
Memes Lab focuses on meme coins, an often underestimated sector crucial for community engagement and DeFi ecosystem growth. It integrates with Telegram Stars, enabling users to purchase meme coins without a wallet and creates Telegram groups for new meme coin launches, promoting immediate community engagement.
The investment strategy by TVM Ventures is to strengthen the DeFi and SocialFi ecosystem on TON by focusing on institutional liquidity improvement, integrating DeFi with Telegram, and simplifying cryptocurrency adoption for the general public through Web2-to-Web3 solutions.
If successful, TON could become the go-to blockchain for DeFi on Telegram, providing a scalable and accessible infrastructure for developers and users.
Content Editor ( en.cryptonomist.ch )
- 2025-02-18
TVM Ventures invests 5.75 million dollars in DeFi and SocialFi on TON
