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The TON Foundation has launched The Open Challenge, a $20 million program aimed at increasing TVL in the TON ecosystem.
The program is open to any DeFi project that contributes to bringing liquidity to the ecosystem, whether it's DEXes, Bridges or Tokens.
Rewards will be distributed on a quarterly basis and the amount will depend on the amount of funds that the product can attract.
The launch of the program is an important step for the TON DeFi segment.
The Open Challenge will accelerate the development of decentralized finance on TON and give Web3 teams from other blockchains the motivation to create in-demand DeFi solutions on The Open Network.
If you want to participate in the program, you need to read its full terms and conditions and register: https://ton.org/en/open-challenge
The launch of the program is an important step for the TON DeFi segment.
The Open Challenge will accelerate the development of decentralized finance on TON and give Web3 teams from other blockchains the motivation to create in-demand DeFi solutions on The Open Network.
If you want to participate in the program, you need to read its full terms and conditions and register: https://ton.org/en/open-challenge