Hi everyone! Probably today you couldn't help but notice the instant growth of TON due to the news about monetization of Telegram channels.
The price with one candle showed a rapid movement from 2.14 to 2.95 USD per 1 TON (+38%). We have not seen such a rapid growth since last September, which certainly allows us to consider today a record day for the first quarter of 2024.
Long position holders to TON earned up to 300% PnL today! As a reminder, there are 2 trading pairs to TON on Storm Trade - TON/USD and TON/USD-CM.
Thank you for choosing Storm Trade!
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❗️ Dear users!
Technical works are being carried out on the Storm Trade platform. Please refrain from trading during the works.
As soon as the works are completed, we will notify you in our news channel.
Thank you for your attention!
Technical works are being carried out on the Storm Trade platform. Please refrain from trading during the works.
As soon as the works are completed, we will notify you in our news channel.
Thank you for your attention!
✅ Technical works on Storm Trade are completed
Dear users, if your position was not opened during the technical works, the position collateral will be returned to your wallet within half an hour.
Thank you for your attention!
Dear users, if your position was not opened during the technical works, the position collateral will be returned to your wallet within half an hour.
Thank you for your attention!
Dear Users!
In the last few days, we discovered that one of the traders found a way to perform front running within our price update mechanism. This gave him the opportunity to get an advantage when opening and closing positions, which allowed him to make more trades with positive P&L.
We analyzed the user's actions and improved the price formation mechanism. Now the price of an asset is formed at the moment of signing a transaction in the blockchain.
After the update, the mechanism offers more accurate price formation for traders, protects the protocol and the liquidity vaults from this kind of manipulation and allows transactions to pass successfully under high load of the TON network. Such mechanics is a standard for DEXs running on EVM, and our developers managed to successfully implement it in the TON network!
On the team side, we have decided to fully compensate liquidity providers for their losses, and an equivalent amount from the exchange's insurance fund has already been added to the jUSDT vault.
Thank you for helping us to be better. Thanks to you, we are making an exchange that can become a guide to the world of fair trading for every user in the ecosystem!
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Friends, we have obscenely good news for you. As part of The Open League together with TON Foundation we are launching the biggest rewards program for all Storm users!
For 4 weeks, starting on March 4, traders and liquidity providers will share a pool of ~$130,000 between them by performing the usual actions on the exchange.
- 1250 TON for traders in pairs to jUSDT in proportion to trading volume*.
- 1250 TON for traders in pairs to TON in proportion to trading volume.
- 1250 TON for liquidity providers in jUSDT in proportion to the volume of liquidity provided.
- 1250 TON for liquidity providers in TON in proportion to the volume of liquidity provided.
- 2500 TON for traders ranked in the top 50 by total trading volume of the week.
- 2500 TON for traders ranked in the top 50 by total PnL of the week.
- 2500 TON for traders in pairs to jUSDT in proportion to the trading volume.
- 2500 TON for traders in pairs to TON in proportion to the trading volume.
- 2500 TON for liquidity providers in jUSDT in proportion to the volume of liquidity provided.
- 2500 TON for liquidity providers in TON in proportion to the volume of liquidity provided.
*Trading volume takes into account opening, increasing and closing of positions.
Just do your favorite activities - trade, provide liquidity and tell your friends about our activity! And don't forget about risk management, it's important.
At the end of each epoch (week), rewards will go directly to your wallet, so you don't have to perform any additional actions.
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Boom! In the past week we gave away 5,000 TON to all active Storm users. As we promised, this is just the beginning.
This week we will distribute as much as 15,000 of your favorite tokens, which is more than $65,000 at the current exchange rate.
If last week's rewards were distributed according to trading volume and liquidity, this week we will add additional boosts for the top 100 traders of the exchange!
👉 First, let's understand how these nominations will be counted. 2500 TON will be shared by the top 50 traders based on total trading volume. What does that mean? Everyone who trades enough volume to make it into the top 50 will receive 50 TON at the end of the week.
👉 The same system applies to the total PnL. Each trader who will be in the top 50 traders by total PnL per week will get 50 TON to his wallet. Total of 100 traders with 50 TON each as rewards.
According to ReDoubt, there are about 250 traders trading on Storm Trade per week. Now let's think about this. 100 traders will get 50 TON each. There are a total of 250 traders per week on the exchange. Not all of them trade for large amounts. So the chance of picking up the reward is ~40%.
👉 That's why this nomination is so cool and universal for any user.
We at Storm Trade are creating an exchange that is comfortable for both big skillful traders and beginner traders.
Don't be afraid to try new things, follow risk management, trade and get the highest rewards on Storm Trade!
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Since the beginning of March, there has been a massive activity on Storm Trade with a prize pool of over $200,000 as part of The Open League.
Today we would like to thank those who are not directly involved in trading, but who make an undeniable contribution and are the foundation of our protocol's existence - these are the liquidity providers.
Thanks to the March activity, liquidity providers receive an additional APR from the weekly pool of 5,000 TON and the rewards fly directly to users' wallets at the beginning of each week.
Usually, liquidity in projects is provided in multiple tokens, forming a pool in which the volumes of those tokens are redistributed.
Storm has gone further by collecting liquidity in a single token, so there are no risks of losing one token for the benefit of another.
To provide liquidity, go to the vault tab on the link, read the risks and click on the Provide button.
Liquidity withdrawal is available at any time with no time limit.
Once again, we thank all liquidity providers at Storm Trade. You help us build a sustainable economy, and we respond with high rewards!
Provide liquidity, trade and grow together with Storm Trade!
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⚡️ In addition to unprecedented rewards for trading volume and liquidity we have prepared a cool update for you - the long-awaited leaderboards have appeared in our app, where you can track your trading activity, competing with other participants!
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Friends, did you know that you can get 10% of all your referrals' rewards and commissions?
👉 With care for you, we have released an article answering all the questions you have accumulated.
Read the article at the link, invite your friends and trade together with Storm Trade!
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❗️ Technical work on Storm Trade
⚙️ Dear users, the Storm application is undergoing temporary technical work. Our best forces are working to restore the site. As soon as the work is completed, we will notify you in our news channel @storm_trade_news.
Thank you for your attention!
⚙️ Dear users, the Storm application is undergoing temporary technical work. Our best forces are working to restore the site. As soon as the work is completed, we will notify you in our news channel @storm_trade_news.
Thank you for your attention!
Storm Trade | News ⚡️
❗️ Technical work on Storm Trade ⚙️ Dear users, the Storm application is undergoing temporary technical work. Our best forces are working to restore the site. As soon as the work is completed, we will notify you in our news channel @storm_trade_news. Thank…
✅ The Storm Trade application has been fully restored.
We apologize for the inconvenience and thank you for your patience!
We apologize for the inconvenience and thank you for your patience!
Have you always wanted to try your hand at trading, but didn’t know how to start? Meet the first unique joint trading competition for Ton Cats holders, which will take place at Storm Trade!
🛡 Conditions for participation
To become part of the competition you need to be a holder of the $CATS token with a purchase amount of 10 TON. A snapshot of the participants will be taken on March 24, so you still have time to purchase a token and become part of the legendary battle!
📆 Tournament dates: March 25 00:00 UTC - March 31 23:59:59 UTC
🎁 The top 10 traders of the tournament will receive unique prizes from Ton Cats:
🥇 - 2 rare NFTs and 1 common NFT (~300 TON)
🥈 - 1 rare NFT and 2 common NFT (~250 TON)
🥉 - 1 rare NFT and 1 common NFT (~200 TON)
4-10 - 1 common NFT (~50 TON)
🚀 How to start?
1️⃣ Buy the $CATS token before the snapshot via the link and subscribe to the Ton Cats channel.
2️⃣ Open positions on Storm Trade in pairs against jUSDT & TON during the week from March 25 to 31.
3️⃣ Earn as much profit as possible.
4️⃣ Keep track of your place in the standings, which will appear at the start of the tournament via the link.
THIS WILL BE EPIC!
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The tournament will start on March 25 at 00:00 UTC or 3:00 Moscow time.
For detailed terms and conditions of participation and a full list of prizes, please see our post at the link.
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❗️ Technical work on Storm Trade
⚙️ Dear users, the Storm application is undergoing temporary technical work. As soon as the work is completed, we will notify you in our news channel @storm_trade_news.
Thank you for your attention!
⚙️ Dear users, the Storm application is undergoing temporary technical work. As soon as the work is completed, we will notify you in our news channel @storm_trade_news.
Thank you for your attention!
Storm Trade | News ⚡️
❗️ Technical work on Storm Trade ⚙️ Dear users, the Storm application is undergoing temporary technical work. As soon as the work is completed, we will notify you in our news channel @storm_trade_news. Thank you for your attention!
✅ The Storm Trade application has been fully restored.
We apologize for the inconvenience and thank you for your patience!
We apologize for the inconvenience and thank you for your patience!
Friends, we are announcing recruitment to our friendly team! If you are a sociable, versatile and willing to learn person with a good level of English and Russian, we invite you to join the Customer Support department.
Good luck!
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Friends, we are pleased to inform you that we have raised open interest limits in the following trading pairs:
⚡️ BTC/USD -> 50k
🔥 ETH/USD -> 50k
🚀 TON/USD -> 100k
🤩 TON/USD-CM -> 250k
Thanks to you, Storm Trade is growing and developing, and trading on the exchange is becoming even more accessible!
💎 We remind you that until April 1, you can participate in the distribution of weekly rewards of 15,000 TON.
⚡️ Win cool prizes by trading and providing liquidity on Storm Trade!
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👀 Storm Trade in the next season of The Open League?
Find out on the stream today at 4 PM UTC👉 https://teleg.eu/toncoin?livestream
Find out on the stream today at 4 PM UTC
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