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TON Swap DEX Unveils Long-Term Farming Program

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Tallinn, Estonia–(Newsfile Corp. – October 28, 2021) – Broxus, one of the leading developers of the FreeTON network, has announced that they have made key updates to TON Swap, the FreeTON powered DEX. The most significant changes are centered around the platform’s farming offerings, which will be given expanded parameters in conjunction with the sustained growth and increase in liquidity the platform has experienced.

Since the project’s early days, an ecosystem has crystallized around the network and its TON Crystal token, structured in large part by Broxus and other developers working to translate the unique capabilities of FreeTON into use cases that can be enjoyed by everyone. One of the brightest stars in the FreeTON constellation has been TON Swap, the platform’s Broxus-powered DEX.

Recently, Broxus has completed an overhaul of the exchange, rewriting the exchange’s frontend while also making it much easier to use by adding a bevy of relevant market and token data. In addition to the exchange’s overall upgrade, Broxus has announced that it has expanded the parameters of one of the exchange’s central features in its farming program.

Infinity Pools and Vesting

Due to prolonged growth and internal dialogue in the FreeTON community, Broxus has structured a long-term farming program on TON Swap. Central to the program are the new additions of infinity pools and vesting.

With infinity pools, farming pools are now capable of operating without set time limits. While there is no end date for farming, farming speed can be changed without having to create new pools. As it stands now, farming speed can be changed at intervals of a minimum of once every two weeks. While this update is being introduced, the platform’s main WTON mining pools will remain unchanged for the next month, and token rewards will continue to be those that are specified by the pool.

Vesting is a means of managing excess supply in the market created by increases in Total Value Locked (TVL) and farming speeds. Vesting is an additional option for farming pools with set parameters on the percentage of tokens allocated for vesting and the duration they can remain that way. Vesting lasts for a period of 120 days and 50% of the rewards are unlocked by day 110. Over the course of 120 days everything will be unlocked. Two new parameters, vesting ratio and vesting period, have been added to the vesting protocols, along with two new designations pertaining to user data: entitled and unclaimed.

Beyond that, in connection with the Crystal Handshake program that is working to bring promising DeFi projects into the FreeTON ecosystem, there are a number of new tokens that are slated to be added to TON Swap, which will further expand the DEX’s farming capabilities. Among the projects expected to join TON Swap are:

  • FRTN (gaming industry, tip-3)
  • EUPI (stable euro, tip-3)
  • BDCC (gaming industry, binance ecosystem)
  • FRAX (fractional-algorithmic stablecoin system based on ETH)
  • Chatex (DeFi crypto bank)
  • A bundle of tip-3 projects from the FreeTON ecosystem
  • A bundle of projects from the ETH ecosystem

These changes come as TON Swap has established itself firmly at the center of the FreeTON economy. Currently, there is more TON liquidity on TON Swap than there is on all of the industry’s CEX’s combined and total trading volume on TON Swap is nearing the equivalent of $60 million over its existence. Farming has played a central role in the flourishing of the exchange, and long-term farming in particular. The new changes and expansions to the farming program will see those figures continue to rise and more projects getting involved and adding to the already diverse FreeTON economy.

About FreeTON:

FreeTON is a fast, secure and scalable network with near-zero fees, which can process up to a million transactions per second thanks to its unique dynamic sharding technology. As a development built off of the Durov brothers’ original TON concept, the FreeTON blockchain is designed to facilitate the widespread adoption of decentralized solutions by lowering the price and complexity entrance thresholds. The ecosystem features a number of products, including TON Swap Decentralized Exchange, the main DeFi ecosystem wallet Crystal wallet and bridges with other blockchains.

Media Contacts
Name: Lily
Company name: Broxus
Email: [email protected]
Website: https://tonswap.io/swap

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101134

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Vantage Markets extends its competitive edge on Indices product offering with enhanced Website and App, promoting greater transparency and cost savings

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PORT VILA, Vanuatu, March 28, 2024 /PRNewswire/ — Building upon its recent success in revamping its indices product offering, leading CFD broker Vantage Markets (“Vantage”) is thrilled to announce the introduction of enhanced website features and app enhancements, further solidifying its position as a leader in the industry.

To further support indices CFD traders, Vantage has revamped its website with new features dedicated to indices trading. Traders will find extensive educational content, transparent pricing comparisons with competitors, and increased visibility into spreads offered by Vantage Markets.

“We’re committed to empowering traders with the tools they need to succeed,” remarked Marc Despallieres, Chief Strategy and Trading Officer. “Our latest developments reflect our dedication to becoming the premier destination for Indices CFD trading, providing clients with the edge they need in today’s dynamic markets.”

Indices CFD trading offers numerous advantages, including lower upfront capital requirements, leveraged trading options, and the flexibility to trade in any direction. With Vantage Markets, traders can capitalise on these benefits while tapping on a comprehensive suite of advanced tools and educational resources.

Additionally, the Vantage App has been enhanced with advanced charting tools, enabling traders to analyse market trends and execute trades with precision directly from their mobile devices.

“We’re excited to provide traders with a wealth of educational content and transparent pricing,” said Lian Jie, Assistant APP Marketing Director. “Our goal is to empower traders with the information they need to make confident decisions and succeed in the markets.”

Discover the future of Indices CFD trading with Vantage Markets. Visit https://www.vantagemarkets.com/lp/indices-trading/ to learn more.

About Vantage

Vantage is a multi-asset broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 13 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

http://www.vantagemarkets.com/

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WSPN and MathWallet Jointly Launch StableWallet, Pioneering AA Wallet for Web3

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TORTOLA, British Virgin Islands, March 28, 2024 /PRNewswire/ — WSPN, a global digital payments leader providing transparent, fast, and efficient solutions leveraging distributed ledger technology, has partnered with leading Web3 wallet provider MathWallet to launch StableWallet – a groundbreaking new account abstraction (AA) wallet that represents a major advancement in the Web3 space. StableWallet provides enhanced security, convenience, and flexibility for managing digital assets across multiple blockchains.

“Through our partnership with MathWallet, we are proud to introduce StableWallet, leveraging pioneering AA technology to transform digital asset management,” said Raymond Yuan, Founder of WSPN. “StableWallet exemplifies our commitment to driving innovation in digital payments and the Web3 ecosystem.”

Account abstraction (AA) wallets represent a significant leap forward in the Web3 ecosystem, blurring the lines between traditional private key wallets and smart contract-based accounts. By integrating both functionalities, AA wallets enable users to define their wallets through programmable smart contracts, unlocking a realm of advanced features and customization options.

Leveraging the transformative power of Account Abstraction, StableWallet stands at the forefront of security innovation, offering unmatched protection through advanced programmable recovery mechanisms and robust multi-signature controls. Seamlessly blending security with convenience, StableWallet ensures a user-centric experience by automating gas fees, simplifying transactions, and providing limitless customization possibilities through deep integration of programmable smart contracts.

Beyond its pioneering security measures, StableWallet serves as a pivotal link between the Ethereum and Polygon ecosystems, facilitating effortless asset management across diverse chains through a unified cross-chain interface. At its debut, StableWallet boasts essential features such as native support for Ethereum and Polygon networks, flexibility in fee token options with WUSD and USDT, and the capacity for multi-chain crypto smart contract wallet functionalities.

“We are thrilled to partner with WSPN and jointly unveil StableWallet’s powerful capabilities,” said Eric, CTO of MathWallet. “By combining cutting-edge account abstraction technology with robust security features and cross-chain compatibility, StableWallet empowers users to explore the decentralized realm with unparalleled confidence.”

Looking ahead, StableWallet has an ambitious roadmap to roll out new capabilities that will further elevate the user experience. Upcoming features include daily free transfers, batch transactions with one-click execution, enterprise multi-signature smart wallets, and integration with collaboration platforms, etc. These additions, among others, will continuously expand StableWallet’s functionality to meet evolving user needs in the Web3 space.

Whether for a seasoned cryptocurrency enthusiast or a beginner to the blockchain world, StableWallet offers a powerful tool to revolutionize user experience of digital asset management. Stay tuned for upcoming feature releases and network expansions as WSPN and MathWallet continue to push the boundaries of Web3 technology.

About WSPN

WSPN is a global digital payments company that provides transparent, fast, and efficient digital payment solutions leveraging the latest technological advancements of Distributed Ledger Technology (“DLT”). We are dedicated to shaping seamless digital payment solutions for our global partners worldwide at the frontier of future digital payments and financial inclusion.

Worldwide USD (‘WUSD’), WSPN’s flagship USD stablecoin, is a fiat-collateralized stablecoin that is pegged to the U.S. Dollar at a 1:1 ratio. Dedicated to optimizing payment solutions for web3 users, WUSD empowers the real economy through secure, transparent, and licensed digital payments, spanning stablecoins, exchanges and cards, all geared for global expansion.

Learn more: www.wspn.io  | Twitter | LinkedIn 

About MathWallet

MathWallet is the Multichain Wallet for Web3 that enables token storage of over 150 chains including BTC, ETH, Polkadot, Cosmos, Filecoin, Solana, BNBChain, etc, supports cross-chain token bridges and multi-chain dApp store. Our investors include Fenbushi Capital, Binance Labs, Fundamental Labs, Multicoin Capital, NGC Ventures, Amber Group, 6Eagle Capital.

Visit mathwallet.org for more information.

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Announcement of change in the total number of votes in AB SKF

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GOTHENBURG, Sweden, March 28, 2024 /PRNewswire/ — Due to a conversion of shares from Series A to Series B in accordance with AB SKF’s Articles of Association, the Company confirms the following.

As per 28 March 2024, the Company’s share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to 29,286,933 shares of Series A and 426,064,135 shares of Series B. The number of votes in the Company amounts to 71,893,346.5.

AB SKF does not hold any own shares.

Aktiebolaget SKF
      (publ)

Information in this press release contains information that AB SKF is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication on 28 March 2024 at 08.00 CET.

CONTACT:

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: [email protected] 

INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; [email protected]  

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/announcement-of-change-in-the-total-number-of-votes-in-ab-skf,c3953982

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https://mb.cision.com/Main/637/3953982/2702083.pdf

20240328 Announcement of change in the total number of votes in AB SKF

 

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