Bitcoin
Bitcoin (BTC)
$60,730.00 -2.67636
Bitcoin price
Ethereum
Ethereum (ETH)
$2,905.40 -3.67848
Ethereum price
BNB
BNB (BNB)
$584.73 -2.3256
BNB price
Solana
Solana (SOL)
$146.14 -0.84079
Solana price
XRP
XRP (XRP)
$0.4995750 -3.62287
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000223 -4.44008
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000083 -2.71275
Pepe price
Bonk
Bonk (BONK)
$0.0000231 -6.6343
Bonk price
Bitcoin
Bitcoin (BTC)
$60,730.00 -2.67636
Bitcoin price
Ethereum
Ethereum (ETH)
$2,905.40 -3.67848
Ethereum price
BNB
BNB (BNB)
$584.73 -2.3256
BNB price
Solana
Solana (SOL)
$146.14 -0.84079
Solana price
XRP
XRP (XRP)
$0.4995750 -3.62287
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000223 -4.44008
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000083 -2.71275
Pepe price
Bonk
Bonk (BONK)
$0.0000231 -6.6343
Bonk price
Bitcoin
Bitcoin (BTC)
$60,730.00 -2.67636
Bitcoin price
Ethereum
Ethereum (ETH)
$2,905.40 -3.67848
Ethereum price
BNB
BNB (BNB)
$584.73 -2.3256
BNB price
Solana
Solana (SOL)
$146.14 -0.84079
Solana price
XRP
XRP (XRP)
$0.4995750 -3.62287
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000223 -4.44008
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000083 -2.71275
Pepe price
Bonk
Bonk (BONK)
$0.0000231 -6.6343
Bonk price
Bitcoin
Bitcoin (BTC)
$60,730.00 -2.67636
Bitcoin price
Ethereum
Ethereum (ETH)
$2,905.40 -3.67848
Ethereum price
BNB
BNB (BNB)
$584.73 -2.3256
BNB price
Solana
Solana (SOL)
$146.14 -0.84079
Solana price
XRP
XRP (XRP)
$0.4995750 -3.62287
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000223 -4.44008
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000083 -2.71275
Pepe price
Bonk
Bonk (BONK)
$0.0000231 -6.6343
Bonk price
SirWin
SirWin
SirWin

TON locks up 25% of token supply to make tokenomics predictable

ton-locks-up-25-of-token-supply-to-make-tokenomics-predictable
Edited by
News
TON locks up 25% of token supply to make tokenomics predictable

The TON Believers fund will freeze depositors’ coins for two years, after which TON deposits will be vested monthly with rewards for a further three years.

The Open Network community has locked up nearly 25% of the Toncoin (TON) supply for five years to “bring predictability to Toncoin tokenomics.”

In a Telegram post on Oct. 23, TON Community said that 1.3 billion TONs (valued nearly $3 billion) have been put in the Locker smart contract.

“The result demonstrates the long-term commitment many contributors have to the Toncoin project.”

TON Community

What is TON Believers fund

Supported by the TON Foundation, the TON Believers Fund is a non-profit initiative launched in July 2023 as a smart contract on the TON blockchain.

The idea behind the fund is that early-stage large investors and inactive early miners voluntarily lock their TON coins for two years, with an additional three years remaining for vesting, a process of gradual release of tokens over a specific period.

TON locks up 25% of token supply to make tokenomics predictable - 1
Locker wallet address | TON Explorer

With coins being locked up for five years, the TON ecosystem reduces the circulating supply to support TON’s price performance. To incentivize participants, the Locker contract will distribute a 7% reward similar in its mechanics to staking between depositors.

The TON Foundation wrote on a proposal page that the initiative might eventually bring certainty to Toncoin tokenomics and demonstrate the commitment of large holders to the community. Amid the news, TON price jumped by almost 4%, surging up to $2.2, according to data from CoinMarketCap.