Vlad Degen (@VladDegen) / X

Vlad Degen

166 posts

Vlad Degen

@VladDegen

DeFI Lead

Lisbon, Portugal

youtube.com/@DeFiLead

Joined August 2022

Following

1,698

Followers

Vlad Degen
@VladDegen
Dec 4, 2024
Infrastructures for stable assets with Curve This thread is about developing infrastructure for stablecoins through a partnership with @CurveFinance. Below, I will describe the entire initiative of how we managed to get two Stableswaps natively on the @ton_blockchain in 3
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Vlad Degen
@VladDegen
Jan 15, 2025
TON Foundation Partners with EVAA Protocol to Launch DeFi Incentive Program This thread is about the collaboration between @ton_blockchain and @evaaprotocol to launch a phased reward program, starting with borrow rewards and expanding to supply incentives, showcasing EVAA’s
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
9) As a TON DeFi Lead, @VladDegen, I would love to share three essential messages through this initiative. Firstly, for professional DeFi teams, you can build a significant DeFi protocol on TON with the support of TON Foundation, our partners, and venture capital. Secondly,
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Vlad Degen
@VladDegen
Jan 22, 2025
Introducing Storm Trade’s incentive program with TON Foundation: 100,000 TON rewards available This thread is about @storm_trade_ton incentive program on the TON blockchain, designed to reward new users, active traders, and referrers while boosting platform growth. So, what’s
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
1) Since the beginning of 2024, TON has undergone significant changes, particularly in the DeFi space. At the start of the year, there were about 10 projects; now, there are 35, all of which are listed on @DefiLlama. A key milestone was the launch of USDt, which confirmed that
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
2) Currently, TON is nearing the completion of its first tier of DeFi primitives - we have already established lending solutions, liquidity staking, and CPMM model AMM protocols. Second-tier projects are also emerging, including launchpads, options, derivatives, and more.
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
5) To launch stable swaps on TON Blockchain, we joined forces with Curve Finance and Michael Egorov. Together, we initiated a competition for professional DeFi teams to develop CFMM model stable swaps. We received applications from 70 teams; 10 commenced work, and 5 reached the
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
8) Seven venture funds, including @TON_Ventures, @DWFLabs, @GSR_io, @KeneticCapital, @ForesightVen, @BitrueVentures, and @Papervc, have made a soft commitment of $2.3 million for investments in Torch Finance and Crouton Finance. Full version of our live judging session with VCs
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
3) A crucial step will be the development of the CFMM (Constant Functional Market Maker) — a mechanism designed for the efficient trading of similar assets, such as stablecoins and Bitcoin derivatives, with minimal price impact during exchanges. TON Foundation supports this
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
4) We have chosen the CFMM model as our first option, as it is optimal for upcoming assets. Curve-like Stable Swaps are best suited for these assets, providing decentralized exchanges that allow users to conveniently trade similar tokens such as USDC, USDt, FDUSD, DAI, and
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Vlad Degen
@VladDegen
Mar 22, 2023
Here is the Farming Research about Allbridge Core, 20-30% APR on Stable -
Allbridge - native bridge | Notion
From groovy-soy-540.notion.site
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
7) Additionally, TON Foundation has collaborated with @eywaprotocol to integrate the cross-chain stable swaps using liquidity of Torch Finance and Crouton Finance into the CrossCurve DEX. Backed by the founder of Curve Finance, CrossCurve addresses the issue of liquidity
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Vlad Degen
@VladDegen
Dec 4, 2024
Replying to @VladDegen
6) This initiative, supported by Curve, enabled us to launch two stable swaps on the mainnet in just several months, achieving $300,000 in total liquidity and millions of active users through the projects' Telegram Mini Apps. TON Foundation and Curve plan to continue supporting
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Vlad Degen
@VladDegen
Jan 22, 2025
Replying to @VladDegen
3) Storm Trade is a decentralized trading platform built on TON, offering fast transactions and low fees. Its user-focused design ensures that even beginners can easily participate. By leveraging TON Blockchain, Storm Trade provides a seamless connection to a broader ecosystem.
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