And with this explosion, comes opportunities with up to 100x gains. The @ton_blockchain just launched a $115M incentives program.
An in-depth guide on TON DeFi ecosystem and potential runnersπ§΅π
/ Overview of TON ecosystem
TON is an acronym for The Open Network. It's a layer 1 blockchain that focuses on efficiency, speed, and scalability while providing a user-friendly and accessible experience.
The platform uses a proof-of-stake (POS) consensus, run by $TON.
/ Quick Facts on TON
β’ A home to over 613 apps & projects and 800k+ active wallets
β’ The fastest chain, hitting 104,715 transactions per second, as per @CertiK
β’ Partnered with Telegram in 2023 to leverage their 800M monthly users for mass adoption.
With about $8B in cumulative TVL, this narrative has a bunch of gems that could easily print 100x in the bull market.
Here's a 360% view of DePINs, and how best to position π§΅
Firstly, DePIN is an acronym for Decentralized Physical Infrastructure Networks.
DePIN heralds a paradigm shift from centralized-owned infrastructural networks to community-owned ones, incentivizing participants toward creating a decentralized future.
@MaxThake defines DePIN as a term that describes decentralized applications that use tokens to incentivize people to provide services via real-world physical infrastructure/machines/devices.