The project Du Rove’s Wall (WALL) has entered the top five tokens on The Open Network (TON) blockchain by FDV, according to data from the analytical service DropsTab. This was announced in a press release.
Du Rove’s Wall was launched on April 16, 2024. It references the meme “Durov, bring back the wall!”, which emerged in 2010 after the “Wall” feature on the VK social network was replaced with a microblog.
The developers of Du Rove’s Wall decided not to allocate WALL to themselves, instead directing them towards the long-term development of the project and community support. They will distribute the tokens as follows:
- 40% — ecosystem development (linear vesting over 12 months);
- 25% — liquidity (locked);
- 25% — marketing (linear vesting over six months);
- 10% — rewards for early users (linear vesting over six months).
“Du Rove’s Wall has garnered broad support from the audience and opinion leaders. After listing on DEX StonFi, the token price surged by more than 2000% within a few hours. The team locked the WALL and renounced rights to them following standard security procedures,” the press release states.
The project was the silver medalist in the Minor league of the third season of the motivational program The Open League by TON Foundation. During participation, the team worked on audience engagement.
“We launched a farming pool on StonFi with a high APR, which at one point reached 999%, organized collaborations with other projects, and also released the Telegram bot Dwall,” commented representatives of Du Rove’s Wall.
Users of Dwall receive internal DWALL tokens for inviting friends, purchasing and holding WALL, as well as completing other tasks. In the future, they will be able to exchange DWALL for WALL using the built-in swap function.
Earlier this week, the total value of locked assets in the TON network exceeded $605 million. The blockchain ranked 15th among the largest DeFi ecosystems.