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#White House Crypto Report
How can you tell which blockchain project has potential?
In today's world, there are many blockchains and projects, most of which have virtually no potential for development and are only surviving thanks to investors.
On the $TON blockchain, it is not popular to attract additional investment if the project already exists. This is certainly not common in the public sphere.
But recently, STON fi raised $9.5 million, which has given new hope for the long-term development of the $TON blockchain — that the money will not simply be spent on short-term entertainment or something else.
The STON fi team presented a whole plan for where these funds will be directed:
To improve the currently released product - OMNISTON. It is this product that now provides reliable and profitable exchange rates, thanks to technology in which the price or exchange rate is taken from different sources - popular DEXs on the $TON blockchain.
To develop a limit order function. Many people are probably familiar with this function, but it is still not available on the STON fi platform, although it is not particularly common among other competitors either.
To create a DAO. Currently, this technology was particularly well known on DEX - $JUP, but it was discontinued. Thanks to this technology, users can send tokens to the staking token - $STON and vote for the further development of the project.
And so on for other goals of the STON fi team. @ston_fi
Different blockchains have their own characteristics and projects. It is necessary to follow popular trends and develop in this direction.
Projects that are truly promising do not publicise themselves heavily in the media and do not often attract additional capital.
While the market is growing, you can farm liquidity pools on STON fi :
$WOOF / $TON 16%
$STON / $TON 10%