$STON
The innovative and distinguishing aspect of STON.fi is the OMNISTON protocol, which allows the implementation of direct cross-chain swaps and eliminates the need for intermediaries or third parties. This approach minimizes user risk associated with security breaches and significantly enhances the transaction speed. Since the beginning of 2024, STON.fi’s liquidity measured by total value locked (“TVL”) has increased 26x and its MAUs 49x. Today, STON.fi is #1 in the two most important DeFi categories, TON native TVL with greater than $115M and spot volume of roughly $676M in April. https://www.prnewswire.com/news-releases/stonfi-leading-dex-in-ton-ecosystem-secures-funding-from-coinfund-302144439.html https://defillama.com/chain/TON- 631M
8M
autimom2@mail.com
Ashleigh Harp
262M
Slavik Baranov is the CEO of STON.fi. Mr. Mike Fedorov co-founded STON.fi. He founded CoinsUP.com. He also founded DTF. In the past he has worked with Publisher's office in St. Petersburg as their Head, Executive Producer at CTXM, Producer at Creat Studios, Programmer at Sovam Teleport/Golden Telecom SPB, Programmar at Open Business School and Editor in Chied at Quake.spb.ru. List of STON.fi's institutional investors CoinFund, located in Brooklyn (United States), made their first investment in STON.fi on May 14, 2024 in its Seed round.
STON.fi is a decentralized automated market maker (AMM) built on the TON blockchain providing virtually zero fees, low slippage, an extremely easy interface, and direct integration with TON wallets. StonFi obtains its liquidity from users, who can earn (farm) rewards for providing liquidity. These rewards consist of trading fees plus StonFi's native token $STON. This token already has a market cap of well over $300 million and can be staked, providing users with additional rewards in the form of locked $STON (GEMSTON) and DAO voting power (ARKENSTON). With the project's intuitive user experience and valuable ecosystem support, it is well on its way to becoming a key pillar of the TON ecosystem. STON.fi was founded in 2022. It aims at building a user-friendly crypto exchange for mass-adoption through access to Telegram audience. Putting a high premium on the Community, STON.fi represents a DEX with a human face, providing users with fast support and taking into account their opinions.
$STON is the native token of STON.fi and plays a crucial role in the protocol’s ecosystem. The maximum total supply is 100 million $STON tokens, but the current circulating supply is 1 million STON. The distribution of STON tokens is as follows: DAO Allocation (50%): all DAO-managed initiatives, including operational expenses. This sum is further shared as follows: 1. DAO Treasury: 20% 2. User incentive programs: 10% 3. Marketing: 10% 4. Operations: 10% Team and Advisors (19%): project founders and team members get 14%, while advisors get 5%. Investors (31%): pre-seed investors are allocated 21%, while early supporters in the private sale get 10%. Most tokens will be locked, vested, or paid out over 1 to 3 years. In addition to participating in governance, token holders get access to various benefits, such as fee reductions.