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TON ecosystem tokens can now be exchanged directly within Telegram. These tokens are also called "jettons," and we've previously discussed their benefits. In case you missed it, familiarize yourself with this link. Today, we'll guide you on how to exchange one jetton for another within TON Space:
โ Navigate to TON Space through your Wallet and select the "Exchange" button.
โ Choose the pair for exchange โ indicate which tokens you want to swap and the desired amount.
โ In Settings below, you can select acceptable Slippage Tolerance, which is set to 0.1% by default.
โSlippage is the difference in the price of a token between the time it is sent and the confirmation of the transaction on the blockchain. This difference can occur due to market volatility or low liquidity of a trading pair.โ
โ After selecting "Review Order," review all details, then proceed to exchange by tapping "Confirm and Swap"
And there you have it! Your Wallet balance will update as soon as you close the swap window. Try to swap jettons in your TON Space now, and let us know your favorite jetton in the comments!
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Please note that due to the enormous on-chain activity, there is a temporary pause on TON withdrawals. We are closely collaborating with the TON Core team to restore full service as soon as possible.
Our USDT and BTC operations remain fully functional and unaffected. Your funds, including Toncoin, are safe and secure, as always.
We'll inform you all as soon as everything is back to normal and appreciate your understanding and patience ๐ซก
Our USDT and BTC operations remain fully functional and unaffected. Your funds, including Toncoin, are safe and secure, as always.
We'll inform you all as soon as everything is back to normal and appreciate your understanding and patience ๐ซก
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Forwarded from Gram of TON
TON20 Inscription Use-case on TON
Starting on December 5th, The Open Network (TON) experienced an incredible spike in network activity, thanks to the BRC20 Bitcoin Ordinals type of inscription use-case, called TON20, launched by the Tonano team.
Producing over 2 million transactions increased our network usage by 61 times within just half an hour. TON Community is proud to witness a creative use case take-off in TON driven by independent participants in the ecosystem.
Moreover, this sudden growth has revealed many interesting insights for our blockchain. Dynamic sharding technology worked as expected. At its peak, TON split into eleven shardchains, stabilizing at five shardchains to handle the heavy load.
At the same time, this phenomenon also revealed where the community should work to swiftly onboard the exponential increase in network activity expected in the near future. Network validators must ensure that TON is supported by hardware capable of scaling to the performance demanded by high usage.
Network Performance Delays
This peak interest also came with a severe congestion of TON network, where validation was severely delayed even though the network validators are still producing blocks.
Popular wallets like @Wallet and Tonkeeper have paused the service temporarily.
TON core developers are aware of the issues affecting users and are working on TON blockchain. An initial technical report is available here. TON core team will be providing us with a further update within the next 24 hours.
We thank you and the community for your patience and unwavering support as we go through the growing pains together, preparing for the unprecedented growth season expected in the near future.
Starting on December 5th, The Open Network (TON) experienced an incredible spike in network activity, thanks to the BRC20 Bitcoin Ordinals type of inscription use-case, called TON20, launched by the Tonano team.
Producing over 2 million transactions increased our network usage by 61 times within just half an hour. TON Community is proud to witness a creative use case take-off in TON driven by independent participants in the ecosystem.
Moreover, this sudden growth has revealed many interesting insights for our blockchain. Dynamic sharding technology worked as expected. At its peak, TON split into eleven shardchains, stabilizing at five shardchains to handle the heavy load.
At the same time, this phenomenon also revealed where the community should work to swiftly onboard the exponential increase in network activity expected in the near future. Network validators must ensure that TON is supported by hardware capable of scaling to the performance demanded by high usage.
Network Performance Delays
This peak interest also came with a severe congestion of TON network, where validation was severely delayed even though the network validators are still producing blocks.
Popular wallets like @Wallet and Tonkeeper have paused the service temporarily.
TON core developers are aware of the issues affecting users and are working on TON blockchain. An initial technical report is available here. TON core team will be providing us with a further update within the next 24 hours.
We thank you and the community for your patience and unwavering support as we go through the growing pains together, preparing for the unprecedented growth season expected in the near future.
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Wallet News
Please note that due to the enormous on-chain activity, there is a temporary pause on TON withdrawals. We are closely collaborating with the TON Core team to restore full service as soon as possible. Our USDT and BTC operations remain fully functional andโฆ
While TON withdrawals are temporarily limited due to network congestion, all other Wallet functions work as usual. Trading on the P2P marketplace, token exchanges, and both USDT and BTC deposits and withdrawals continue to operate as expected. We are actively working to restore TON withdrawals and will provide updates here ๐
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TON Network is fully operational
Excellent news! Transactions on TON are taking place smoothly, with 2.5 million transactions having taken place on December 9.
๐ All previously paused services have now resumed, including the purchase and withdrawal of TON. All TON deposits will be credited in due course.
A special shout-out to our incredible community for your unwavering support โ we appreciate your patience and understanding during this time. Looking forward to the bright times that lie ahead for The Open Network!โค๏ธ
Excellent news! Transactions on TON are taking place smoothly, with 2.5 million transactions having taken place on December 9.
A special shout-out to our incredible community for your unwavering support โ we appreciate your patience and understanding during this time. Looking forward to the bright times that lie ahead for The Open Network!
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โ Verification
โ Visiting a third-party site
โ Confirming your identity
โ Identifying yourself as part of the Wallet team
These are scammers! Block them right away.
The only official wallet support account is @wallet_supportbot
While Wallet has robust security measures, it's crucial to recognize basic security guidelines. Stay safe!
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Autumn has come and gone, so it's time to gather all the major updates of the past month. Here's a roundup of all the exciting developments:
โ Gateway Conference. The historic TON's first in-person conference took place in Dubai. The Wallet team showcased significant updates, talked about the future integration of the Wallet for all Telegram users, and shared future plans.
โ Token swaps in TON Space. Wallet users can now easily exchange tokens within their non-custodial space without leaving Telegramโall in just a few clicks.
โ Telegram integration. Wallet is now accessible to all Telegram users in selected countries in Africa and Latin America. Global availability is anticipated by the end of the second quarter of 2024.
โ TON Network Comment. When withdrawing TON from Wallet, users can now include a comment. This is important if you want to deposit TON on a centralized exchange.
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TON Space: updated FAQ, and your questions answered
Since the launch of TON Space, the community has closely followed its evolution. We've previously discussed the difference between TON Space and Wallet, guided you on exchanging your jettons directly in Telegram and sharing your digital collections there. Now, let's talk about security.
We gathered and answered all your questions in our updated FAQ here. Now is a great time to take a look at and try TON Space for yourselfโmaybe even staking TON on Tonstakers.
Since the launch of TON Space, the community has closely followed its evolution. We've previously discussed the difference between TON Space and Wallet, guided you on exchanging your jettons directly in Telegram and sharing your digital collections there. Now, let's talk about security.
How are the funds stored in TON Space? Is there any risk of unauthorized access? Where is your seed-phrase (private key) stored, and how does the backup function work?
We gathered and answered all your questions in our updated FAQ here. Now is a great time to take a look at and try TON Space for yourselfโmaybe even staking TON on Tonstakers.
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There are several ways to do this. We'll explain each of them below, but please note that purchasing methods may vary by region:
โ Bank card โ This is the easiest way. Click โAdd Cryptoโ below your total balance and choose โBank Cardโ Then, specify the required amount and follow the appโs prompts.
โ P2P Market โ A platform to trade cryptocurrency directly between Telegram users. Select โAdd Cryptoโ on the Wallet main screen to access the marketplace and tap โP2P Market.โ Next, go to the โBuyโ section and choose a suitable ad. Read the terms and conditions carefully, check the sellerโs rating and number of transactions, and respond to the ad.
โ Express purchase โ An option to buy cryptocurrency without going to the P2P Market (available in certain regions). On the main screen, tap โAdd Cryptoโ and choose โExpress Purchase.โ Next, specify the purchase amount and the desired payment method. The rest will be done automatically, Wallet will find the best offer and initiate the transaction itself. You will only need to make the payment and confirm it in the interface.
One last thing: If we get 500
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Maintenance notice: we are updating the deposit and withdrawal flow, and pausing all withdrawals and deposits for a few hours. Rest assured, your funds are safe and secure. We will inform you here once the maintenance is complete. Thank you for your patience. ๐ซก
Upd: Maintenance has been completed!๐
Upd: Maintenance has been completed!
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Wallet Pay has received an important update โ the introduction of the autoconversion feature for all merchants on Telegram.
Autoconversion allows sellers to specify their preferred cryptocurrency for receiving payments, regardless of the cryptocurrency customers use for goods or services in Telegram.
Here's how it works
When creating a payment order, merchants can enable autoconversion, choosing from three supported cryptocurrencies: TON, USDT, or BTC. When customers pay for a product or service on Telegram, merchants will receive the cryptocurrency specified in the autoconversion parameters.
Do you have an example?
Certainly, imagine you sell virtual reality headsets and have enabled autoconversion to USDT. If a customer purchases the cutting-edge gadget with BTC, you'll receive payment in USDT instantly (Wallet Pay will automatically convert the crypto at the market rate).
For more details on autoconversion terms and to apply to connect Wallet Pay to your service, visit this link: https://pay.wallet.tg ๐
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Complete daily tasks on the event page and enter the raffle for the chance to win a share of 5,000 TON, 100 one-year Telegram Premium subscriptions and exclusive Egg Fight Club NFTs!
How to participate?
The New Year Challenge will run from December 26 to 30. New tasks will appear daily at 08:00 UTC in the Community Bot. You need to complete all 4 tasks to get an exclusive Egg Fight Club NFT and enter the raffle to win a prize pool of 5,000 TON and 100 one-year Telegram Premium subscriptions. Detailed rules about the New Year Challenge can be found at the links below.
Challenge Rules and FAQ
Terms and Conditions
But that's not all! TON is already in full swing celebrating the New Year and has rolled out numerous promotions with exciting gifts. We've detailed many of the ecosystem promotions below.
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TONโs Winter Fest: Multiple projects from TON Ecosystem are joining forces for a shared winter festival with a prize fund of $30,000! Take part in the campaign and stand a chance to win prizes from TON Punks, Getgems, TON Diamonds, STON.fi, Tonstarter, EVAA, and Storm Trade.
Battle Royale with TON Punks: The first stage of the battle has already started and will last until January 12. There will be 300 prizes awarded from a pool of $30,000 in $PUNK. For details and to take part, click here.
A New Season of Egg Fight Club: Join the fight club, claim eggs for free, fight in rock-paper-scissors battles and win up to $1200 โ all inside Telegram. Follow @EggFightClub for the game release date.
A New Drop from Pearls by Gems: Pearls by Gems is giving away a new, free drop that you do not want to miss! You have until December 28 to subscribe to the Pearls Drop Bot and connect your wallet to receive NFT! Details are already in the Pearls channel.
Fanton Fantasy Contest: The main football lovers in TON Ecosystem are hosting a referral contest. The goal is to invite friends to a free Christmas tournament for the chance to win TON, NFT cards, and other prizes.
The New Year is a time of magic and holiday promotions. Don't miss your chance to win New Year's prizes from Wallet and TON!๐งฆ
Battle Royale with TON Punks: The first stage of the battle has already started and will last until January 12. There will be 300 prizes awarded from a pool of $30,000 in $PUNK. For details and to take part, click here.
A New Season of Egg Fight Club: Join the fight club, claim eggs for free, fight in rock-paper-scissors battles and win up to $1200 โ all inside Telegram. Follow @EggFightClub for the game release date.
A New Drop from Pearls by Gems: Pearls by Gems is giving away a new, free drop that you do not want to miss! You have until December 28 to subscribe to the Pearls Drop Bot and connect your wallet to receive NFT! Details are already in the Pearls channel.
Fanton Fantasy Contest: The main football lovers in TON Ecosystem are hosting a referral contest. The goal is to invite friends to a free Christmas tournament for the chance to win TON, NFT cards, and other prizes.
The New Year is a time of magic and holiday promotions. Don't miss your chance to win New Year's prizes from Wallet and TON!
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For those who haven't joined the New Year campaign yet, now's the time! Complete all tasks until 23:50 UTC December 30 and enter the raffle for the chance to win a share of 5,000 TON and 100 one-year Telegram Premium subscriptions. The raffle will be held live on our Telegram channel on January 2 at 12:00 UTC.
Challenge Rules and FAQ
Terms and Conditions
Please note that you need to complete all 4 tasks to participate in the raffle. Participants who complete all tasks on the event page are guaranteed to receive an exclusive NFT from Eggs Fight Club.
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The Wallet team wishes you a Happy New Year and looks forward to seeing you step into 2024 with style and joy! Looking back on 2023, it's been an exciting journey for Wallet and the entire TON ecosystem. We have come a long way during this year, so letโs highlight our journey!
The standout event of the year was the global rollout of Wallet within the Telegram settings menu. Thanks to this integration, sending and storing crypto assets has become as easy as sending a message in a chat.
TON Space launch โ a non-custodial space based on original Web3 principles. The launch of TON Space marked a new era in the development of the entire TON ecosystem.
Integration with The Open Platform. This partnership positions our application to secure additional resources, forge new partnerships, access top-notch expertise, and accelerate product development.
P2P Market update โ weโve launched express purchases (available in certain regions), added the โTrusted merchantโ badge, supported dozens of new currencies and payment methods, and implemented hundreds of other updates.
Wallet Pay launch โ convenient cryptocurrency payment for goods and services within Telegram. Thanks to Wallet Pay, merchants are now seamlessly accepting cryptocurrency payments, while customers are effortlessly paying for their goods and services.
Exciting releases, important events, and noteworthy news are on the horizon for 2024. And, of course, none of this incredible progress would have been possible without your invaluable contribution.
Wishing you a Happy New Year, and we look forward to a fantastic 2024 with all of you!
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Wallet News
If you don't know how to check your ID, we've covered it in our rules (Question 6)
Challenge Rules and FAQ
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