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The Open Network

The next gen network to unite all blockchains and the existing Internet

The Open Network

4 года назад
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TON scalable DeFi standards are here! For the last three months, we've been working to locate a proper solution for creating asynchronous scalable DeFi in TON. The discussion was open and available on GitHub, all comments were considered and many of them influenced the final standard. Today, we are happy to present ready-made standards and examples of smart contract implementation for Fungible, Semi-Fungible, and Non-Fungible tokens as well as applied contracts for NFT-marketplaces and ICOs. TON tokens built on a new architecture: they are fast, cheap, provide new features, and ultra-scalable. Read the article about the design and the benefits of TON DeFi » NFT: Standard, Implementation, JS SDK » Jettons (Fungible): Standard, Implementation, JS SDK » Semi-fungible is combination of NFT and FT.
Scalable DeFi in TON

In 2015, the Ethereum blockchain saw the arrival of a new standard called ERC-20, allowing anyone to create their own tokens (cryptocurrencies) in the network. A few years later, in 2018, the ERC-721 standard was introduced for NFTs, which prove ownership over something. These standards have given birth to the DeFi, or decentralized finance, phenomenon. Exchange, purchase, sale, and other operations in digital assets happen entirely in blockchain's smart contracts. When trading on centralized venues, you temporarily…

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