The rapid development of blockchain technology has promoted the prosperity of decentralized finance (DeFi), and the cooperation between the TON Foundation and Jupiter has injected new momentum into this field. The TON Foundation is a non-profit organization focused on accelerating the development of the TON blockchain and providing an efficient and secure environment for developers and users. As a leading decentralized trading platform, Jupiter’s core mission is to provide optimal liquidity solutions. This cooperation will develop a new liquidity aggregator on the TON Virtual Machine (TVM) and plans to implement cross-chain asset exchange functions.
The importance of liquidity to DeFi is self-evident. Efficient liquidity aggregators can help users find the best transaction path in the multi-chain ecosystem and reduce transaction costs. At the same time, the implementation of cross-chain functions further enhances the interoperability of DeFi and provides users with a more flexible and efficient asset management method. These improvements not only improve the overall user experience, but also attract more institutional investors into the DeFi field.
In addition, the cooperation between TON and Jupiter also demonstrates how to promote the development of the blockchain ecosystem through technological innovation. This provides an excellent opportunity for more developers to participate in innovation, and for users, this will lead to a more convenient and efficient transaction experience.
Discover the power of Jupiter: a key enabler of DeFi liquidity
Jupiter’s role in the DeFi field cannot be ignored. As a platform focusing on spot and perpetual contract trading, Jupiter has a strong technical foundation and user base. Its core advantage lies in liquidity aggregation technology, which can help users find the best price and execute transactions between different trading pairs. At the same time, Jupiter is backed by the largest decentralized autonomous organization (DAO) in the crypto space, which further enhances its credibility and influence.
Jupiter’s liquidity aggregation technology integrates data from multiple liquidity sources to provide real-time price comparison and path optimization. This technology not only improves transaction efficiency, but also significantly reduces slippage and costs. More importantly, Jupiter provides highly transparent transaction records, ensuring that users can track and audit every transaction, which is crucial to building user trust.
In this cooperation with the TON Foundation, Jupiter not only provides technical support, but also brings market experience and resources. The combination of the two will not only strengthen TON’s ecosystem, but will also promote cross-chain interoperability in the entire DeFi industry. In the future, users can easily transfer assets between different blockchains through the new aggregator and enjoy a more efficient and seamless trading experience.
TON’s cross-chain dream: TVM drives DeFi ecological evolution
TON Virtual Machine (TVM) is the technical core of this cooperation. TVM is the smart contract execution environment of the TON blockchain, with high performance and scalability as its design focus. It supports large-scale transactions and ensures the security of the overall network, which makes it ideal for building DeFi applications.
The cross-chain exchange function is one of the highlights of this cooperation. Through the collaboration between TVM and Jupiter, developers will be able to build a truly seamless asset exchange system, and users will be able to freely transfer assets in a multi-chain ecosystem. This is of great significance for solving the current problem of multi-chain liquidity dispersion, and also lays the foundation for the long-term development of DeFi.
Another significant advantage of TVM is its developer-friendliness. The TON Foundation plans to launch a variety of development tools and support to allow developers to quickly get started and create applications that meet market needs. This will not only help attract more innovators to join the TON ecosystem, but also accelerate the iteration and upgrade of DeFi applications. For teams hoping to make breakthroughs in the DeFi field, the infrastructure provided by TVM is undoubtedly a powerful boost.
TON and Jupiter’s DeFi competition: igniting the passion for innovation
To further stimulate innovation, the TON Foundation and Jupiter jointly organized a DeFi competition. This competition aims to encourage developers to create new liquidity aggregation solutions and showcase their creative and technical capabilities in the TON ecosystem. Participants need to submit projects and make presentations, and the winning team will receive generous support from both parties.
Competition prizes include:
- Professional advisory support: Professional advice on route optimization, liquidity management, etc. provided by Jupiter.
- Resources and financial support: The TON Foundation will provide financial and technical support to help the team quickly realize the project.
- Market exposure opportunities: The winning team will have the opportunity to receive extensive publicity within the TON and Jupiter communities, attracting the attention of more users and investors.
The competition is now open until February 15, 2025. For teams that want to show their strength in the DeFi field, this is an opportunity not to be missed. The holding of this competition will not only promote the development of the TON ecosystem, but also stimulate more innovations in liquidity aggregation and cross-chain exchange.
The new future of DeFi
From a DeFi perspective, the cooperation between TON and Jupiter is undoubtedly a very far-sighted combination. TON provides powerful infrastructure and an open ecological environment, while Jupiter brings advanced liquidity aggregation technology and market expertise. The combination of the two not only solves the current problem of cross-chain liquidity dispersion in the DeFi field, but also further promotes the sustainable development of decentralized finance.
This collaboration demonstrates the huge potential in the DeFi field. Liquidity aggregators not only improve transaction efficiency, but also enable users to implement cross-chain operations at lower costs. In the future, with the implementation of more innovative projects, TON and Jupiter will bring more possibilities to the entire blockchain industry and attract more users and capital to enter the DeFi ecosystem.
From a personal analysis, this cooperation is also a signal worth paying attention to, indicating that DeFi is not only a subversion of traditional finance, but also has endless innovation space and application scenarios. This is undoubtedly the best entry point for developers and users who want to participate in this revolution.
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A Letter to Telegram Mini Games Developers | LayerPixel’s Collaboration with Bot Gameyard: https://medium.com/@LayerPixel_io/a-letter-to-telegram-mini-games-developers-layerpixel-collaboration-with-bot-gameyard-5624f02393b2
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About LayerPixel:
LayerPixel is an all-in-one DeFi protocol designed specifically for the TON blockchain and seamlessly integrated with Telegram Mini Apps. Leveraging a modular architecture, LayerPixel overcomes the asynchronous limitations of TON while harnessing its sharding benefits.
At the core of the LayerPixel ecosystem are several innovative components:
- PixelWallet - An SMC wallet with Account Abstraction (AA) features, enabling users to interact with dApps and the LayerPixel ecosystem with ease.
- PixelSwap - The first modular DEX on TON, supporting advanced trading models like weighted pools and LBP.
- Pixacle - A decentralized oracle solution delivering fast and accurate price data to dApps and smart contracts.
LayerPixel’s future plans include becoming a cross-chain solution to power DeFi experiences across all Telegram Mini Apps. By providing an all-in-one platform, LayerPixel aims to make blockchain-powered finance accessible to everyone within the TON ecosystem.
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