TON 💎 (@ton_blockchain): 💎 Since early 2024, TON Ecosystem has made incredible progress in the DeFi space. This growth was spearheaded by the introduction of $USDT establishin…

💎 Since early 2024, TON Ecosystem has made incredible progress in the DeFi space. This growth was spearheaded by the introduction of $USDT establishing major liquidity pools, and enabling lending solutions and AMM protocols. $TON is set to expand its stablecoin offerings and improve trading efficiency. Our collaboration with @CurveFinance sparked a competition that: Attracted 70 teams, Led to the launch of @TorchTon and @croutonfi, These projects will leverage Curve’s advanced CFMM technology and build stable swap mini apps on TON blockchain, guaranteeing smooth and efficient exchanges. TON Foundation will pledge $150,000 to back these projects for audits and initial liquidity, while Curve will serve as an advisor and grant access to the CFMM formula. Also, winning projects have secured $2.3 million in investments from seven venture funds. ▪️@TON_Ventures, ▪️@DWFLabs, ▪️@GSR_io, ▪️@KeneticCapital, ▪️@ForesightVen, ▪️@BitrueOfficial, ▪️and @Papervc. To learn more about TON’s progress in creating a new DeFi landscape read the full blog article, penned by TON DeFi Lead @VladDegen, here: blog.ton.org/infrastructure…