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Unlock the power of #TON
🎉We're thrilled to announce the launch of our new token #bridge - the first unlimited bridge that enables seamless transfer of ERC-20 tokens to TON's Jetton💎 (fungible token standard of TON)!
Get started at bridge.ton.org 💙
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🎉We're thrilled to announce the launch of our new token #bridge - the first unlimited bridge that enables seamless transfer of ERC-20 tokens to TON's Jetton💎 (fungible token standard of TON)!
Get started at bridge.ton.org 💙
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The new token bridge is the latest addition to Ozys' @Orbit_Chain , which has facilitated cross-chain transactions between select tokens and TON.
With the new feature, we are enhancing interoperability and welcoming more users to the #TONDeFi ecosystem. 🔥
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With the new feature, we are enhancing interoperability and welcoming more users to the #TONDeFi ecosystem. 🔥
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At launch, you can transfer $wBTC, $USDt, $USDC, and $DAI two-way between #Ethereum and #TON
Get started at bridge.ton.org
Experience the freedom to move your digital wealth effortlessly across the top Layer 1 blockchains
Get started at bridge.ton.org
Experience the freedom to move your digital wealth effortlessly across the top Layer 1 blockchains
1/ Merry Christmas to all celebrating today! I would like to pick up on a point made in the thread below by @BoulevardLP. H/t to @insideNiMA to getting the ball rolling and @r_ross_campbell for the shout out. Will be curious as to thoughts from @lex_node, @propelforward +others.
2/ First, although the Turnkey Jet no-action letter is helpful (as is the @DLxLawLLP letter for @BuyQuarters), undoubtedly the most developed and relevant statement on this topic from the SEC is their April 2019 Token Framework - sec.gov/corpfin/framew….
3/ In addition, although the term “utility token” is commonly used, I would argue it is very unfortunate and confusing. There is no formal category of “utility token” anywhere in US law. A token (or any other asset) either is or is not a “security”.
I spent the last couple of weeks neck deep in .@telegram's #TON, researching everything from tech to token economy.
Here are 10 things you need to know ahead of its launch 👉🏻
Here are 10 things you need to know ahead of its launch 👉🏻
1/ #TON Raised $1.7B in 2 SAFT rounds in 2018.
SAFT 1 sold for ~$0.38 per Gram.
SAFT 2 sold for ~$1.3 per Gram.
~55% of the total supply of $Grams was distributed to investors; ~12% will be unlocked on Day 1, with the rest to follow in 6 month intervals.
SAFT 1 sold for ~$0.38 per Gram.
SAFT 2 sold for ~$1.3 per Gram.
~55% of the total supply of $Grams was distributed to investors; ~12% will be unlocked on Day 1, with the rest to follow in 6 month intervals.
2/ Total supply of Grams stands at 5B. At SAFT 2 prices, this is a fully diluted network valuation of ~$6.5B, aka 1/3 of $ETH, 1/2 of XRP, making TON the 4th largest network by mcap.
Inflation at 2%, validator reward at 20% (18% likely to come from ledger fees).
Inflation at 2%, validator reward at 20% (18% likely to come from ledger fees).
