The Open Network

Onchain fees in USDt Developers of TON wallets please read the following information: https://t.me/tondev_news/114 https://t.me/tondev_news/115

Toncoin circulating supply update The circulating Toncoin supply has been updated on data aggregators (CoinGecko, CoinMarketCap, and Tontech.io) to align with industry practice as laid out by CoinGecko. This new figure, effective from 29 May at 17:00 GST, follows an in-depth review of TON Blockchain data and among other things, specifically excludes the following locked or reserved tokens: ▪️ Toncoin in the TON Believers Fund ▪️ Toncoin held by Telegram ▪️ Toncoin held by The Open Network Foundation

Transition from jUSDT to native USDt USDt's launch on TON had huge success: there are already 316 million USDt in circulation! Before launching the native USDt, the bridged jUSDT fulfilled its role in the TON blockchain. Along with the launch of native USDt on TON, work has begun on cross-chain solutions that will allow transfers of native USDt from various networks into TON blockchain and vice versa. Thus, we are proposing to start migrating from jUSDT to the native USDt on TON. — The perсentage fee in bridge has been removed from the transfer of jUSDT from TON back to Ethereum. — Over the next few weeks, TON Foundation will add liquidity to the jUSDT-USDt pools on TON DEX(es) for a while to allow small holders of jUSDT be able to exchange them for native USDt on TON DEX(es). — After two weeks, jUSDT transfers from Ethereum to TON on bridge.ton.org will be closed at 12:00 UTC on June 10. Transfers of jUSDT from TON to Ethereum will work as long as there are jUSDT holders. Other tokens will continue to be processed without changes. This is a scheduled event, all your funds are safe. Please consider transferring either your jUSDT back to Ethereum via bridge (for larger amounts) or exchanging your jUSDT to native USDt on DEXes (for smaller amounts).

USDt-TON reaches 200 million in circulation USDt-TON has doubled its success, reaching $200 million in circulation in less than a month after launch, setting a new record as the fastest growing launch in the history of Tether’s USDt. Wen 1 billion?

💎 Notcoin, a miniapp on Telegram, reached 35M active users in just a few months. 🐸 In this app, users could earn a game currency “notcoins” by clicking on the screen. Yesterday, the cryptocurrency Notcoin was minted on the TON blockchain and listed on all major cryptoexchanges. All of a sudden, Notcoin users who just played this game for fun could convert their in-game currency into real money 🤑 🚀 Notcoin instantly became a top-10 cryptocurrency in the world by trading volume, and reached almost $700 million in market capitalization. Imagine — hundreds of millions of dollars in value were created for Telegram users in this miniapp out of nowhere in a matter of months 😲 💪 This amazing success story shows how powerful the Telegram / TON ecosystems are for app developers. Telegram offers app developers more freedom than any other platform, providing unmatched opportunities to leverage social interactions for viral distribution. TON, in turn, provides scale and flexibility for any blockchain project on top of it 💎 We are now seeing a large wave of new miniapps being built on Telegram and TON. Notcoin, the leader of the pack, used its mighty paws to pave the way for many apps to come 🐺

Attention TON Community 💎 If you have experience with learning and development on TON and have noticed something missing in the documentation or tools, this is your chance to let us know. We encourage every community member to share their experiences with TON development by participating in our survey. The survey encompasses four key topics and will take approximately 5-8 minutes of your time. We invite you to contribute to this important initiative and share your valuable experiences here: 👉 https://nletwfvh.paperform.co

Key highlights of the groundbreaking perfomance of Telegram, TON and Tether at TOKEN2049 — Telegram is #6 most used app in the world. 900M MAU, 360M Mini Apps MAU. The number of Mini Apps users can be doubled. — Telegram Mini Apps, Wallet and TON blockchain provide unprecedented opportunities for developers — an example is Notcoin, which collected 35M users in 3 months. — Telegram has launched Ad revenue sharing — payments and withdrawals in TON. — Telegram will also launch optional monetization of large public chat groups. — Announce of a revenue sharing model for tips to creators — withdrawals in TON. — Telegram will allow users to buy digital goods and services — withdrawals in TON. — Telegram will tokenize stickers and emoji. — Tether launched USDt on TON. Tether noted the scalability of the TON blockchain and its low fees. Recording of the perfomance »

USDt on TON — Already integrated into @wallet and into many exchanges, onramp and services. — Free withdrawals from major exchanges and @wallet until the end of June. — 11M Toncoin rewards for USDt users. — USDt-TON Learn and Earn campaign on OKX. — Low on-chain fees. — Soon: on-chain fees in USDT. https://ton.org/en/borderless

Validators voted to reduce fees Network fees decreased by 2.5 times. We thank the validators for your choice. This is the first use of the TON fees reduction mechanism on the mainnet. Validators also voted for the first precompiled smart contract, which will further reduce fees for USDt in particular. Developers please pay attention to the guidelines.