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The Open Network (TON) is putting crypto in every pocket. By building the Web3 ecosystem within Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets.
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The Open League Prediction Contest

TL;DR:
▪️ Engage in a fun challenge to predict the top 5 teams at the end of The Open League Season 1, ranking them accurately at the top of the standings.
▪️ Prize pool: 50,000 Toncoin (TON).

How to join:

▪️ Open the @Open_league_bot.
▪️ Connect a wallet with at least 5 TON.
▪️ Select and rank the top 5 teams.
▪️ Complete a quest in the @Open_league_bot for each chosen team.
▪️ Send a blank transaction to confirm your prediction.

For Season 1, predictions can be made until April 19th. Prize distribution will be directly airdropped into participants' wallets from a database containing all predictions.

Prizes:

Rewards will be distributed equally among all users who make correct predictions.

▪️ For 5/5 correct predictions: 25,000 TON.
▪️ For 4/5 correct predictions: 15,000 TON.
▪️ For 3/5 correct predictions: 10,000 TON.

Who will rise to the top in The Open League?

Make your predictions now and claim your spot among the winners! For more details, check out this blog post.
Discover the new TON staking product offering up to 10% APR

TL;DR:
▪️ MEXC and TON Foundation have joined forces to launch a new TON staking product.
▪️ Offering up to a 10% Annual Percentage Rate (APR) through Locked Savings, this initiative aims to provide 900 million users with a secure, stable, and high-yield staking opportunity.
▪️ Launch date: April 10, 2024.

Reward tiers:

▪️ 30-Day Lockup: 5% APR
▪️ 60-Day Lockup: 7.5% APR
▪️ 120-Day Lockup: 10% APR

Limits:

▪️ Maximum amount for individuals: Up to 500,000 TON per participant.
▪️ Maximum amount for the entire program: 30,000,000 TON.

Terms and conditions apply.

Find more details here and get started here.
$2.19M airdrop for memecoin traders

TL;DR: We just airdropped 300,000 Toncoin to the most active memecoin traders on DeDust and @ston_fi. If you’ve been swapping whitelisted tokens between March 4th and April 10th, congratulations! You’ve earned it.

Whitelisted tokens & snapshot: FISH, ANON, REDO, MRDN, TONY, ARBUZ, durev, TPET, BTC25, WIF, COFE, CATS, and BOLT. The airdrop snapshot was taken on April 10th at 9:30 AM CET. Sybil wallets addresses were disqualified.

Points system & rewards:

We used a simple points system to calculate airdrop sizes. The more you traded, the more swaps you did, the greater variety of whitelisted tokens you engaged with, and the higher your balance of these tokens, the more points you received.

▪️ Trading volume:
Less than $2,700: 0 points
$2,700 to $4,999: 1 point
$5,000 to $9,999: 2 points
$10,000 to $24,999: 3 points
More than $24,999: 4 points

▪️ Swaps:
Less than 11: 0 points
11 to 15: 1 point
16 to 20: 2 points
21 to 35: 3 points
More than 35: 4 points

▪️ Tokens traded:
Less than 3: 0 points
3: 1 point
4: 2 points
5: 3 points
More than 5: 4 points

▪️ Balance:
Less than $650: 0 points
$650 to $1,199: 1 point
$1,200 to $2,999: 2 points
$3,000 to $7,999: 3 points
More than $7,999: 4 points

Rewards were allocated based on the total score:
Scores 5-7: 50 Toncoin per wallet
Scores 8-10: 70 Toncoin per wallet
Scores 11-16: 90 Toncoin per wallet

Who’s getting the next airdrop?

Stay tuned. Hint: 🖼
TON Foundation forms strategic partnership with HashKey Group

TL;DR:
▪️ TON Foundation partners with HashKey Group to enhance the TON Ecosystem.
▪️ The partnership aims to support early-stage projects on TON and improve fiat on and off-ramps for @Wallet users in APAC.

HashKey Group, the parent company of HashKey Exchange, and TON Foundation have announced a strategic partnership, marking a significant step forward in their commitment to put crypto and Web3 in every pocket. This collaboration is set to provide a robust support system for TON Ecosystem projects, with a special focus on those in the early stages of development.

Through this partnership, both organizations aim to enhance the user experience and accessibility of the TON Ecosystem, particularly for @Wallet users in the Asia-Pacific region. They will explore innovative methods to facilitate easier access to fiat on and off-ramps, making digital assets more accessible.

Key to this collaboration is the continuation of the TON Bootcamp. This initiative is designed to nurture new and innovative projects on TON by providing them with essential resources such as mentorship, networking opportunities, and other incubation activities. HashKey Group will also consider supporting promising TON Ecosystem projects.

While the partnership will initially focus on the Hong Kong market, there is a shared intention to extend these efforts to other markets, adhering to regional laws and regulations.

For more details, check out this blog post.
The Open League Digest

On April 1st, The Open League Season 1 kicked off. 30M Toncoin (over $200M) rewards will be distributed to you, TON Community.

Get active on-chain, complete quests, and provide liquidity via the @Open_League_Bot to earn your slice of the $30M Toncoin!

Devs! Seems like you’re interested in The Open League? You’ve launched 6 million new contracts in just the past 30 days.

Last week's highlights:

▪️ Predict S1 Open League winners. Win a share of a 50K Toncoin prize pool.
▪️
$2.19M in Toncoin was airdropped to memecoin traders on DeDust and @ston_fi. The Open League's biggest airdrop so far.
▪️ We shared The Open League’s Pilot Season incredible results – DeFi Total Value Locked up 244%, and daily active wallets up 347%.

Projects announced a TON of additional incentives for you:

▪️ 75,000 Toncoin from Storm Trade.
▪️ $800,000 rewards from JetTon.
▪️ 10,000 Toncoin and extra $EVAA XP from EVAA.

Latest updates for The Open League only on this channel. Notifications on. More surprises are coming.

Hint: 🖼
Making crypto - actually - useful

What will Pavel Durov, CEO & Founder of Telegram, unveil at TOKEN2049 in Dubai this Friday?

Get ready for crypto’s first real-world, really valuable use case. Available to all 900 million monthly active Telegram users.

Stay tuned to this channel. We're on the brink of something big.

Mark your calendars for April 19th!
Live stream scheduled for
TON Ecosystem Roundup

As TON continues to evolve and expand, this week brings several updates from five ecosystem projects: TONNEL Network, Tonkeeper, Gagarin Launchpad, TONX, and The Pixels. Let's take a closer look at their latest updates:

TONNEL Network

TONNEL Network, via its ZK-protocol, has introduced a smart contract enabling users to join a liquidity pool with a single transaction. Users can send Toncoin (TON) to a specific address, Zalp.ton, initiating an automated exchange of TON for $TONNEL at DeDust, adding both to the pool, and issuing LP tokens in return.

The Zalp Mini App further simplifies transactions for various tokens, making it easier to become a liquidity provider. It's important to note, the gas fee for the Zalping process is currently almost 1 TON, which includes gas and DeDust fees but not a platform fee.

Tonkeeper

Tonkeeper has launched Tonkeeper Pro for desktop, featuring a redesign, an enhanced dashboard, subscription for Pro users, and the introduction of promo codes. A standout feature is a visual diagram that displays the token distribution within a user’s wallet, offering an intuitive view of asset allocation. Additionally, the dashboard now includes wallet analytics, a tool especially useful for professionals using Tonkeeper in their daily business activities.

Gagarin Launchpad

Gagarin 2.0 enhances the TON Ecosystem with the TON-EVM Bridge, linking TON with Binance Smart Chain and improving tokenomics, refund policies, and offering extra perks for Tier holders. This open-source solution enables seamless token bridging between TON and EVM networks, broadening the reach of projects to TON's vast user base on Telegram and fostering cross-network liquidity. Watch a video tutorial here.

TONX

TONX has officially unveiled TonFura, the premier suite of RPC DEV tools designed to simplify and empower development projects on TON. To begin your journey in TON Blockchain development, start by registering a TonFura account today.

The Pixels

The Pixologists have announced an incentive week for TON projects in The Pixels. Communities, games, and channels will join forces as squads, with the top three teams sharing a total prize pool of 1,000 TON.

Stay tuned for more updates and developments from the TON Ecosystem.
Introducing Memelandia

TL;DR:
▪️ We’re thrilled to unveil Memelandia, a cultural hub for meme coins and community tokens.
▪️ Selected memes get a leaderboard in The Open League, battling for rewards and the title of best meme coin on TON.

This initiative helps meme coins that often go unnoticed by the crypto market get greater recognition.

Notcoin, a leading example, has successfully introduced Web3 to nearly 35 million players, demonstrating how meme coins can attract and engage large groups of people.

Visit the Memelandia page to see the latest leaderboard updates and discover how your project can benefit from the TON Ecosystem. For more details, check out this blog post.

Whether you're looking to launch a new token with no-code solutions or enhance an existing one, TON provides all the tools you need to grow your community.

Start your journey in Memelandia now and tap into the power of TON's Web3 ecosystem in Telegram.
Degen Meetup in Dubai

Join us for the first-ever Degen Meetup in Dubai, co-hosted by Luke Belmar’s Capital Club, Jupiter Exchange, and The Open Network.

This is a unique opportunity to connect with some of the largest internet communities for a day filled with networking and full-on degeneracy. Discussion about Friday’s upcoming announcement from Pavel Durov is set to make this event even more interesting…

▪️ When? Saturday, April 20 | 12pm - 5pm GST
▪️ Where? The Kana Cafe, Business Bay, Dubai
▪️ Admission: Free. Lunch included.

Secure your spot now!
Making crypto - actually - useful

Pavel Durov’s and Paolo Ardoino's talk at TOKEN2049 in Dubai will be livestreamed on The Open Network YouTube channel this Friday, April 19th at 3:20 PM GST.

Get ready for crypto’s first real-world, really valuable use case. Available to all 900 million monthly active Telegram users.

Set your reminders now!
Introducing The Open League DeFi Grant Program

TL;DR:
▪️ TON Foundation has launched a new DeFi Grant Program, aiming to put crypto in every pocket.
▪️ Offering up to $300K per project in user incentives and up to $200K per team in grants to further enhance the DeFi ecosystem on TON.

Since the inception of The Open League, the TON DeFi ecosystem has seen explosive growth!

As of April 1st:

▪️ TON DeFi TVL: $165M+ (up 593%)
▪️ Unique token holders: 1.15M+ (up 405%)
▪️ Daily Trading Volume: $47M+ (up 1,741%)

The Open League for DeFi builders

TON Foundation is committed to enhancing the DeFi landscape by supporting dynamic and innovative projects, including:

▪️ DEXs with weighted pool
▪️ Lending protocols
▪️ Yield aggregators
▪️ Derivative DEXs
▪️ Liquidity layers
▪️ Restaking
▪️ And much more

If you've ever considered building on TON, there’s no better time than now. Join The Open Network and leverage these fantastic growth opportunities!

For more details, check out this blog post.
Are you ready for crypto’s first real-world, really valuable use case?

Only 1 hour left until Pavel Durov's presentation.

Set your reminders for the livestream now!
Live stream started
USDt launches on TON to offer Telegram’s 900M users access to cross-border payments

TL;DR:
▪️ Tether’s USDt is now available on TON, coming in a new experience for Tether aimed at making cross-border payments faster, cheaper, and easier for Telegram's 900M users.
▪️ TON Foundation offers 11M Toncoin in incentives, aiming to put crypto in every pocket.

Pavel Durov, CEO & Founder of Telegram, Paolo Ardoino, CEO of Tether, and Andrew Rogozov, CEO of TOP & Wallet, announced today at TOKEN2049 in Dubai that Tether, in collaboration with TON Foundation, has launched USDt on TON.

Instant, free, as easy as sending a text message.

USDt on TON simplifies global peer-to-peer payments for Telegram’s 900M monthly active users. The integration of USDt into Wallet in Telegram makes USDt transfers free and instant between all Telegram users; all you need to do is send a DM, no need for a blockchain address, and no need to download a new app.

USDt, also known as Tether, is a cryptocurrency pegged 1-to-1 with USD and backed 100% by Tether’s reserves. Unlike other more volatile digital assets, it offers a stable value. Making USDt on TON ideal for daily transactions and cross-border payments.

USDt on TON will be accompanied by fully integrated on-ramps from most fiat currencies globally at launch. Soon, integrated global off-ramps will enable users to withdraw supported fiat currencies directly to bank accounts or cards. The aim is for USDt on TON to become a faster, easier, and cheaper cross-border payment system than traditional financial services.

11M Toncoin in incentives

TON Foundation has committed 11M Toncoin to incentivize the adoption of USDt on TON.

For a limited time, while incentives last:
▪️ 5M Toncoin will be used to boost rewards in USDt/TON liquidity pools across TON DEXes @ston_fi and DeDust.
▪️ 5M Toncoin will be given to users depositing USDt to Wallet’s Earn campaign.
▪️ Withdrawals to TON from all supporting exchanges like OKX, Bybit, MEXC, and KuCoin will be entirely free for all users until the end of June, 2024.
▪️ Prepare the engines. These incentives will begin soon.

The launch of USDt on TON represents a step towards integrating digital currencies into everyday life, providing 900M users with a seamless and integrated financial service within TON’s Web3 ecosystem in Telegram.

For more details and a guide on how to use USDt on TON, check out this blog post.

Please note that USDt on TON is not available to users based in mainland US, US territories, or US citizens and Prohibited Countries as defined under Tether Terms of Service.
11M Toncoin rewards for USDt users starting soon

TL;DR:
▪️ TON Foundation has allocated 11M Toncoin to incentivize the adoption of USDt on TON.
▪️ Users can earn rewards through liquidity pools on TON's decentralized exchanges, inside Wallet in Telegram, and benefit from free withdrawals to TON from major centralized exchanges.

All you need to start claiming your share of the 11M Toncoin is a Telegram account.

How often does the world's largest stablecoin join one of the most popular messengers on the world’s fastest and most scalable blockchain?

Even in exceptional times, we stick to our mission: put crypto in every pocket.

5M Toncoin for USDt/TON Liquidity Pool (LP) boosts

5M Toncoin will boost rewards in USDt/TON liquidity pools across TON DEXes STON.fi and DeDust. As the TVL in these pools grows, additional rewards will be added. You can already experience the benefits of boosted pools in the @Open_League_Bot.

5M Toncoin for Wallet Earn

Discover the new Earn product for USDt in Wallet. Starting from the next week, deposit up to 3,000 USDt and start earning a 50% APY on your balance.

1M Toncoin for free withdrawals to TON on major exchanges

Withdrawals to TON from all supporting exchanges such as OKX, Bybit, MEXC, and KuCoin will be entirely free for all users until the end of June 2024. Simply select USDt-TON on the USDt withdrawal screen to enjoy free withdrawals to TON.

The launch of USDt on TON represents a step towards integrating digital currencies into everyday life, providing 900M people with a seamless and integrated financial service within TON’s Web3 ecosystem in Telegram.

To learn more about the launch of USDt on TON, read this post.
USDt-TON on OKX: Get a share of 20,000 TON

TL;DR:
▪️ OKX has teamed up with TON Foundation to launch the USDt-TON Learn and Earn campaign.
▪️ OKX users can earn a share of the 20,000 Toncoin prize pool while learning about USDt on TON.

Tether’s USDt is now available on TON and users can already seamlessly deposit, withdraw, and utilize USDt on TON across multiple exchanges and wallets.

OKX, one of the first exchanges to list Toncoin (TON) and one of the world's leading cryptocurrency exchanges, has enabled USDt-TON deposits and withdrawals. Also, users can withdraw USDt-TON with zero fees for a limited time.

Learn and Earn

To celebrate the launch, OKX has teamed up with TON Foundation to introduce the USDt-TON Learn and Earn campaign with a prize pool of 20,000 Toncoin. Follow these simple steps to join:

▪️ Enroll here.
▪️ Complete the quiz.
▪️ Share with friends.
▪️ Receive rewards directly in your OKX account.

This campaign is open to new and existing eligible OKX users globally. Rewards are distributed on a first-come, first-served basis.

Terms and conditions apply. For more details, visit this page.

Learn and Earn!

Please note that USDt on TON is not available to users based in mainland US, US territories, or US citizens and Prohibited Countries as defined under Tether Terms of Service.
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Instant, Free, and Easy USDt payments with Wallet in Telegram

TL;DR:
▪️ Wallet has rolled out new features, including zero-fee USDt transfers and withdrawals, enhanced security with a Passcode, and seamless transfers of tokens and NFTs directly within Telegram.

Instant USDt transfers

USDt has launched on TON, offering Telegram’s 900M users access to cross-border payments. The integration of USDt into Wallet allows all Wallet users to send USDt instantly and without any fees within Telegram.

Zero fees on USDt withdrawals

In celebration of the launch of USDt on TON, all USDt withdrawals from Wallet to external TON wallets are free until the end of June 2024.

Passcode in Wallet

Soon, all Wallet users will be able to enhance the security of their assets by setting a Passcode, which will be required to approve transactions. It will be securely encrypted and stored locally on the user's device. Passcode will also support Face ID and Touch ID.

Seamless token and NFT transfers in Telegram

Wallet users can now send tokens and NFTs directly to their Telegram contacts from TON Space. This feature makes transactions as easy as sending a text message. All you need to do is send a DM to your contact, no need for a blockchain address, and no need to download a new app.

For more details, check out this post.
$30M in TON/USDt LP Boosts starts now

TL;DR:
▪️5 million Toncoin (~$30M) will be spent boosting TON/USDt Liquidity Pools (LPs) on TON’s DEXes STON.fi and DeDust.io
▪️Rewards start right now; you can go to STON.fi or DeDust.io pools, and deposit TON and USDt to start earning your share.

Liquidity Pool Boosts are a part of the incentives program announced by TON Foundation, to supercharge the adoption of USDt on TON.

TON/USDt LP Boosts will aim to deliver a consistent APY of 50-60% for 3 months.

How to get started:

1. Pick your DEX
2. Go to Pools section
3. Find TON/USDt Pool
4. Deposit liquidity to TON/USDt

Go to Liquidity Pools on STON.fi
Go to Liquidity Pools on DeDust.io
How to start using USDt on TON

TL;DR:
▪️ USDt has launched on TON, simplifying global peer-to-peer payments for Telegram’s 900M monthly active users.
▪️ Users can easily buy USDt-TON directly through Wallet in Telegram.

Here’s a step-by-step guide on how to buy USDt with Wallet in Telegram:

▪️ Open Telegram and go to Wallet. If it’s your first time, follow the on-screen instructions to set up your wallet.
▪️ Select 'Add crypto' and choose a payment method — either a bank card or the P2P market.
▪️ Choose USDt-TON and specify the purchase amount in USDt or its equivalent in your local currency.
▪️ Confirm the purchase details to instantly add USDt-TON to your Wallet.

That’s it — easy! Now you can make instant, free, and easy payments with Wallet in Telegram. For more details, check out this blog post.

Benefit from the $30M in TON/USDt LP Boosts

Visit STON.fi or DeDust, deposit TON and USDt, and start earning your share.
TON reducing network fees

TL;DR: TON network fees have been reduced by 2.5x across the board in response to Toncoin’s recent growth.

We are excited to announce a series of updates aimed at reducing network fees, enhancing the scalability and accessibility of TON Blockchain. These updates are a testament to TON’s continuous efforts to innovate, encourage greater activity within the TON Ecosystem, and put crypto to every pocket.

Key updates:

USDt Jetton discount

Starting April 16th, there is a special discount for Jetton-with-governance transactions like USDt. Fees were reduced to 0.02 TON from 0.032 TON for the first transaction, and subsequent transactions are now only 0.0145 TON.

Global fee reduction

Validators have approved the TON Core Dev team's proposal for a further 2.5x reduction in transaction fees. The cost for the first Jetton-with-governance transaction is now ∼$0.06, with subsequent transactions at ∼$0.04, assuming 1 Toncoin = $7. Please note that these costs will fluctuate with Toncoin’s value.

Introduction of precompiled smart contracts

Precompiled contracts have been introduced to the TON network, and the first precompiled contract — a jetton with governance functionality — has been activated. This means that the most popular smart contracts, written in C++, will be embedded directly in the node, bypassing the need for TVM execution. This adjustment reduces resource consumption and, consequently, the fees associated with these contracts.

These updates are aimed at making TON, the world's most scalable blockchain, stand out as the most affordable option for projects seeking mass adoption.

Stay tuned for more important updates to come!
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