dArtFlex Launches a Pool on TON Swap and Integrates With Free TON Blockchain
An NFT marketplace, dArtFlex, will start an incentivized program on a TON Swap DEX and launch the WTON-DAF double farming pool. This is the first collaborative step between dArtFlex and the Free TON blockchain community. The date of launch will be published this week. The pool consists of two currencies: WTON and DAF. WTON is a wrapped TON Crystal, currency of the Free TON blockchain; DAF is a native token of dArtFlex NFT marketplace. The incentivized program is planned for 10 weeks. Expected yield (APY) in DAF and WTON is 110%.
The purpose of this integration is to demonstrate to the market both the advantages of the dArtFlex NFT marketplace to the Free TON community, and Free TON opportunities to dArtFlex supporters. Technically, the launch of this pool is based on a bridge between the Ethereum and Free TON networks that makes token migration possible. WTON is an Ethereum token backed by the native Free TON cryptocurrency, TON Crystal.
What are Free TON and TON Swap?
Free TON is a blockchain project based on Telegram Open Network (TON), which was founded by Pavel and Nikolay Durov. TON was planned as the next innovative blockchain after Bitcoin and Ethereum, a decentralised ecosystem of messenger, marketplace and VPN service based on Telegram messenger. The court decided that TON’s ICO and sale of tokens (GRAM) wasn’t legit, so Telegram’s team exited the project and rejected the launch of the TON blockchain, which was already developed and ready. TON Labs then relaunched it, together with its partners: P2P.org, Kuna exchange, Everstake, Chorus One and others. Project participants signed a Declaration of Decentalization on the project launch day, the 7th May 2020. Within Gram, Free TON issued its new token, TON Crystal, which is now listed on HitBTC, MEXC, Coineal, Kuna and Bitcoin.com.
Decentralized exchanges like Uniswap are a popular new form of crypto exchanges and TON Swap is the first decentralized exchange on the Free TON blockchain, which was launched this May. Free TON’s sharding mechanism provides less transactional costs and trading fees than on the Ethereum blockchain DEX, Uniswap. TON Swap’s yield farming programs were started by the initiative of Free TON DeFi Alliance and its members: MinerGate, BR Capital, Broxus, Bitscale Capital and Warp Capital.
The role of this program
dArtFlex is the first cross-chain AI NFT marketplace. We hope that this initiative will provide value from dArtFlex and its native ERC-20 token DAF to the Free TON community. Integration and building a bridge with Free TON is the first stage of developing cross-chain community and infrastructure for dArtFlex. The next stage of project development consists of integration with other blockchains and their DeFi infrastructure.
How I can join in?
To participate in this incentivized yield farming program you need to have WTON and DAF tokens, and create a Crystal wallet — an extension for your Chrome desktop browser (guide ). You also need to swap DAF and WTON tokens on the TON Swap exchange, which supports a Free TON — Ethereum bridge.
Pool info
Farm pool TONSWAP-LP-WTON-DAF
Farm balance, TONSWAP-LP-WTON-DAF — 482,266,218,439,579.168378982
Farm speed, DAF/sec — 0.037578042328042328
Reward balance, DAF — 227,271.999999999999744
Farm speed, WTON/sec — 0.041335978
Reward balance, WTON — 249,999.994944
Farm start Jul 15, 2021, 18:00
Farm end Sep 23, 2021, 18:00
Links :
- https://dartflex.art/
- https://tonswap.io/farming
- https://tonbridge.io/
- https://twitter.com/dartflexart
