The TON Swap Long-Term Farming Program

[Alex077 16064]

First of all, we want to convey a huge thank you to all TON Swap users who have entrusted us with their liquidity and helped us test many of the technical and economic aspects of TON Swap and its farming programs.

We have some interesting statistics for you all:

• TonSwap has clearly become the center of the FreeTON economy. According to participants in OTC markets, OTC TON transactions are widely being conducted according to the prices on TON Swap. In addition to that, TonSwap’s TON liquidity is now greater than the respective liquidity of all CEXs combined.

• The trading volume for all pairs with WTON has almost reached $40 million over the entire existence of the DEX.

• Total net sales of TON (all sales — all purchases) amounts to about $4.3 million worth of tokens. Of these tokens, about $1.5 million worth have been sold from farming, with most of the farmers engaged in long-term farming operations.

• Most of the accounts that have made significant sales are linked directly to initials or are linked to them via exchanges. These sales were what caused the dump in TON price, and not the sales that resulted from farming. Regarding this issue, an in-depth investigation has been conducted by Analytics & Support (A&S) and it will be released in the near future.

• The highest turnover has been made by 5 arbitrageurs, each of whom has made under 1 million TON.

Updates to TON Swap

It is hard to establish solid plans for distant horizons. But as things stand now, creating new pools every time a user wants to adjust farming speed is really inconvenient. So, the first update:

Infinity pools — infinity pools will allow for farming without set time limits. Farm speed, however, will be set for certain intervals of time, after which it can be adjusted without having to create new pools. We plan to change this parameter no more than once every 2 weeks. For the main pools given with WTON, the current speeds will be maintained for the next month. The number of reward tokens will be determined by the pools.

Vesting — this was requested by a number of companies on the Crystal Handshake program. With an increase in TVL and farming speed, the vesting mechanic allows you to manage excess supply in the market. Each pool will have set parameters dictating the percentage of farm tokens in vesting and vesting duration. We plan to set a baseline of 50/50 and a vesting duration of 6 months.

Boosts — with boosts, LP tokens that are not claimed will benefit from higher farm speeds compared to those that are claimed with a high frequency. This will motivate investors with long liquidity.

For the following main pairs:

• WTON-USDT

• V2 USDT-WTON

• WTON-ETH

• WTON-BTC

• WTON-USDC

• USDT-USDC

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