{"id":17036,"date":"2024-09-17T16:30:12","date_gmt":"2024-09-17T13:30:12","guid":{"rendered":"https:\/\/forklog.com\/en\/ton-foundation-and-curve-finance-to-launch-stablecoin-dex\/"},"modified":"2024-09-17T16:30:12","modified_gmt":"2024-09-17T13:30:12","slug":"ton-foundation-and-curve-finance-to-launch-stablecoin-dex","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ton-foundation-and-curve-finance-to-launch-stablecoin-dex\/","title":{"rendered":"TON Foundation and Curve Finance to Launch Stablecoin DEX"},"content":{"rendered":"<p>Developers from Curve Finance and TON Foundation are set to create a platform for stablecoin trading on the Telegram Open Network blockchain.<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"toncoin\/1542\" data-width=\"100%\"><\/script><\/p>\n<p>The AMM mechanism from Curve is expected to simplify the exchange of &#8220;stablecoins,&#8221; enhance user experience, and minimize price impact.<\/p>\n<p>The project&#8217;s advisor will be the founder of the DEX, Mikhail Egorov.<\/p>\n<p>A portion of the new project&#8217;s tokens will be distributed among veCRV holders.<\/p>\n<p>According to a press release, four months after launch, the volume of available USDT on TON reached $729.9 million. The new initiative aims to meet growing demand, increase liquidity, and boost the popularity of the network&#8217;s Web3 ecosystem.<\/p>\n<p>In July, developers from TON and Tonkeeper <a href=\"https:\/\/forklog.com\/en\/news\/ton-and-tonkeeper-introduce-gasless-transactions-with-new-wallet-standard\">implemented<\/a> support for gasless transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers from Curve Finance and TON Foundation are set to create a platform for stablecoin trading on the Telegram Open Network blockchain. The AMM mechanism from Curve is expected to simplify the exchange of &#8220;stablecoins,&#8221; enhance user experience, and minimize price impact. The project&#8217;s advisor will be the founder of the DEX, Mikhail Egorov. A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1426,787,807,723,1245,1422],"class_list":["post-17036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-curve-crv","tag-dex","tag-stablecoins","tag-telegram","tag-tether-usdt","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17036"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17035"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}