Free TON is a decentralized proof-of-stake blockchain, supported by its community and STASIS (a EURS stablecoin project that meets EU standards). The cooperation makes DeFi more practical and affordable for everyone.
The STASIS team will deploy their protocol to the Free TON ecosystem so that their stable currency euro can be minted locally on Free TON.
This partnership will be implemented in two phases:
- Agriculture: Add EURS-WTON pair to local Free TON DEX – TonSwap.io, Developed by Broxus, A multi-level turnkey platform for cryptocurrency exchanges, e-commerce, and trading platforms. Sound TON rewards will be applied to users to provide liquidity for the pool.
- Deploy EURS on Free TON: Port the EURS smart contract to Free TON so that users can receive EURS locally on Free TON in exchange for their EUR.
This partnership will enable users from the Free TON and STASIS EURS ecosystems to obtain highly scalable, stable and on-chain currencies with low transaction costs and high TPS.
“I’m glad to see something like Stasis Join the FreeTON community. Together, we will take the Free TON DeFi ecosystem to a new level! – Say Broxus CEO Vladislav Ponomarev (Vladislav Ponomarev).
Gregory Klumov, the founder of STASIS, said: “We are very happy to cooperate with Free TON, the fastest blockchain, so that everyone can easily enter the DeFI ecosystem.”
About Free TON
Free tons Yes A fast, secure and scalable blockchain capable of processing millions of transactions per second, and Performing task to Promote the widespread adoption of decentralized solutions by millions of users. The unique features of Free TON include unlimited sharding examples, instant hypercube routing, a proof-of-stake mechanism to verify new blocks, the ability to configure network parameters through voting, etc.
Stasis It is a revolutionary step that combines the huge potential of the cryptocurrency market with the stability and reliability of traditional currencies. STASIS is supported by a team of cryptocurrency pioneers, quantitative experts, serial entrepreneurs, and financial professionals to provide a collaborative background for the stablecoin platform.
About TON swaps
Ton exchange Operate a liquidity pool represented by a separate smart contract. Unlike Ethereum contracts, free TON contracts are distributed and benefit from an unlimited sharding mechanism. Therefore, the transaction gas cost is several orders lower than the average level and does not depend on the network workload.Anyone who contributes to these pools with liquidity is eligible to participate Free TON DeFi Alliance.
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