More than $2.8 billion to be frozen for 5 years!!!! TON
Over $2.8 billion will be frozen for 5 years!!! Introducing the TON Believers Fund (TBF) — a non-profit fund composed of international communities, organized for those who believe in #TON. The fund’s activities are regulated by a smart contract specifically designed for this purpose.
The main goal of fund is to attract large TON holders, early miners and projects that are ready to support the community by freezing their funds for 5 years. This smart contract allows any $TON holder to lock their tokens for 5 years: 2 years of lock-up and 3 years of vesting. TBF has already received support from the following projects: RuTON, Sergey Romanov, TON Scan, TON Viewer, @redoubt_web3, @evaaprotocol, TON NFT PLUS, ConnectTON, @orbs_network, @DWFLabs, Kilo Fund, and @topdotco, @DefiLlama and more.
The initiative has received support from TON Foundation and a successful vote among the community and validators on ton.vote. TON Foundation has allocated 1,000,000 TON to the fund’s reward pool.
As of the time of this tweet:
— Total fund balance: 1,261,404,621 TON (≈$2,749,862,075)
— Deposits: 977,672,585 TON
— Reward pool: 283,731,850 TON
— APY: 7.55%
— The fund has become the largest holder in the TON ecosystem.
You can track TBF statistics on:
DefiLlama // Tonscan // Tonviewer
For instructions on contributing to the fund, please refer to the guide here
Together, let’s shape the future of TON with #TONBelieversFund!
