How will Pavel Durov's Scam affect the $TON blockchain?
The news that Pavel Durov lied to the $TON community surprised many, but it is unclear whether this is actually true or not.
Durov is very protective of his reputation and it's unlikely that he would want to do it so easily.
Nevertheless, at the moment when $TON received attention - there were strong hopes that the blockchain would start to develop again and attract new users, but it turned out not to be that simple.
Such factors negatively affect the profits of DEX and volumes in the blockchain, including STON FI.
STON FI is the main exchange on $TON that processes 50% of the transactions from all swaps on the blockchain.
When the $TON ecosystem falls, the interest in liquidity pools on STON FI also falls.
But many tokens did not show negative growth, including the $STON token.
The token $MAJOR fell the most, retreating to prices before the start of the rise.
Despite negative factors, there is no strong outflow of liquidity from $TON. On the contrary, during such periods, many whale wallets start supplying tokens to liquidity pools on STON FI, while the rates in the pools have decreased.
While the market is experiencing negative growth, you can farm liquidity pools on STON FI:
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
How will Pavel Durov's Scam affect the $TON blockchain?
The news that Pavel Durov lied to the $TON community surprised many, but it is unclear whether this is actually true or not.
Durov is very protective of his reputation and it's unlikely that he would want to do it so easily.
Nevertheless, at the moment when $TON received attention - there were strong hopes that the blockchain would start to develop again and attract new users, but it turned out not to be that simple.
Such factors negatively affect the profits of DEX and volumes in the blockchain, including STON FI.
STON FI is the main exchange on $TON that processes 50% of the transactions from all swaps on the blockchain.
When the $TON ecosystem falls, the interest in liquidity pools on STON FI also falls.
But many tokens did not show negative growth, including the $STON token.
The token $MAJOR fell the most, retreating to prices before the start of the rise.
Despite negative factors, there is no strong outflow of liquidity from $TON. On the contrary, during such periods, many whale wallets start supplying tokens to liquidity pools on STON FI, while the rates in the pools have decreased.
While the market is experiencing negative growth, you can farm liquidity pools on STON FI:
$MEMHASH / $TON 15%
$TON / $USDT 10%