The Open Network

2023-08-11 17:12:16 Liquid staking

Following public alpha-test of liquid staking protocol in July, we are ready to publish protocol source-code and announce public beta-test.

Since July, code has passed a few external code reviews by best TON hackers, however a few more code reviews are undergoing. Use protocol code at own risk.

Liquid staking protocol is aimed to be development of Nominators concept from original whitepaper: further democratize participation in network operation by connecting TON holders and node operators. Simultaneously Liquid Staking Pool jettons can work as basic block for higher level DeFi protocols.

Protocol utilizes ideas of jetton-based DAO to give voting power to nominators as well as specific TON feature exotic library cells for forward fees optimization.

Last but not least point is that great power is great responsibility. Staking secures TON blockchain, where stake is guarantee of correct behavior. By sharing profits with specific pool you also shares responsibility for TON future and stake assets risks. Participate only in the pools you trust. Open / Comment

2023-08-08 18:34:07 https://blog.ton.org/ton-connect-the-future-without-passwords Open / Comment

2023-07-13 16:59:36 ​Introducing Wallet Pay: A Revolutionary Technology for Shopping With Cryptocurrency.

The @wallet team is launching Wallet Pay, a groundbreaking payment system that allows users to purchase goods and services on Telegram using cryptocurrencies.

This unique tool seamlessly integrates with any Telegram bot or service, enabling users to easily make payments in Toncoin, USDT, or Bitcoin directly via the Telegram messenger interface.

Wallet Pay is both simple and easy to use. It eliminates the need for novice crypto users to navigate complex and unintuitive crypto payment services, streamlining the entire process to just a few clicks within the merchant bot or Telegram Web App.

Moreover, @wallet users can conveniently and instantly top up their cryptocurrency accounts with a debit or credit card during the payment process, greatly simplifying the use of digital assets.

Wallet Pay is an extraordinary tool for Telegram, empowering its over 700 million users to embrace blockchain technology and integrate crypto into their daily lives, ultimately bringing us closer to the mass adoption of digital currency.

You can try Wallet Pay via the test bot or apply as a merchant using the website. Open / Comment

2023-07-09 15:44:12 The Locker bug bounty event: Results

The Locker smart contract remained unbroken.

thekiba receives a bonus prize of 100 TON for a minor remark.

More events on @toncontests and bug bounty program. Open / Comment

2023-07-03 18:48:02 Q2 2023 Results

Actively adopting DeFi, optimizing tokenomics, and steadily following the roadmap:
https://telegra.ph/TON--Results-from-Q2-2023-07-03 Open / Comment

2023-07-03 18:48:02 Liquid staking

Liquid staking is the newest solution that allows you to earn staking rewards and use your assets in DeFi at the same time. Liquid staking is more convenient and accessible for users compared to previous staking options, it also allows you to vote for network updates without having a lot of Toncoins.

Smart contracts for liquid staking developed, and you can participate in testing them by the test application. After the testing phase, the source code of the smart contracts will be published under an free open-source license.

You can find more details in the documentation.

The Tonstakers team has already announced the creation of a custom service based on these contracts.

Alternative available - in partnership with DWF Labs, Bemo successfully launched its own liquid staking protocol. Open / Comment

2023-07-03 18:48:01 Developer Tools

You should definitely try the latest TON developer tools if you haven't already.

We recommend to use the ton.js library, the Blueprint environment, and the IntelliJ IDEA plugin for the development, testing, and deployment of FunC smart contracts.

For dApps there is TON Connect and a number of APIs: tonapi.io, toncenter.com, TON Access, dTON GraphQL.

These tools make TON developing convenient and enjoyable.

For payment services, the time-tested tonweb (which we plan to refresh and make a "library for paranoids" as much as possible getting rid of third-party dependencies), locally runned ton-http-api and ready-made code examples are well suited.

To run your own TON node, please use mytonctrl or GetBlock. Open / Comment

2023-07-03 18:48:01 TON wallet becomes an encrypted messenger

https://telegra.ph/TON-wallet-becomes-an-encrypted-messenger-07-03 Open / Comment

2023-06-25 15:46:12 Intermediate results of Rainbow Cross-Chain development for The Open Network

Roman Nguyen shared at the BUIDL Vietnam 2023 our significant results in the development of a unique cross-chain solution that works absolutely without intermediaries and private keys, and checks all data on smart contracts.

https://telegra.ph/Intermediate-results-of-Rainbow-Cross-Chain-development-for-The-Open-Network-06-25 Open / Comment

2023-06-20 14:27:08 Token bridge fee

Starting June 26, 12:00 UTC, in the token bridge, the commission for transferring tokens from the TON network to the Ethereum network will be 1 TON plus 0.1% of the transfer amount.

The commission for transferring tokens from the Ethereum network to the TON network will remain unchanged - exactly 1 TON. Open / Comment