TON Foundation Collaborates with Curve Finance to Incubate Stable Swap Project

TON Foundation and leading DEX Curve Finance will incubate a new TON-based stable swap project. This collaboration will open up new opportunities for stablecoin trading on the TON blockchain, providing a more accessible and efficient trading experience.

Leveraging Curve’s advanced CFMM technology, the project aims to simplify stablecoin swaps, enhance user experience, and minimize price impact. With Michael Egorov, founder of Curve Finance, advising the selected team, this collaboration is set to deliver a seamless, innovative DeFi solution on TON.

With USDt on TON reaching $729.9M in net circulation just four months after its launch, demand for stablecoins on TON is rapidly growing. This new initiative will meet that demand, boost liquidity, and propel the adoption of TON’s Web3 ecosystem. Details.

Interested in building the project? Apply now! Submissions are open until September 24.