The Open Network: Will contribute an additional value of 24 million USD TON to the DeFi incentive plan
According to Decrypt, The Open Network has announced an additional contribution of $24 million worth of Toncoin (TON) to the DeFi incentive program, totaling 5 million TON. This brings the total value of the program so far to over $75 million.
It is reported that the additional 5 million Toncoin today are specifically for rewarding liquidity providers in STON.fi and DeDust pools. These two protocols are the largest Automated Market Makers (AMM) DeFi protocols running on TON.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF warns that tokenized markets may increase flash crash risks, and governments will intervene with regulation
Hong Kong SFC launches staff fundraising campaign to support victims of the Tai Po fire
Analysis: US stock indices set to end winning streak, rare November decline expected
Trending news
MoreCrypto prices
More
