Daily Digest: STON.fi Ecosystem Updates and Macroeconomic Market Shifts
This digest covers recent protocol advancements in the TON ecosystem alongside an analysis of current crypto market volatility.
STON.fi Project Updates
- Cross-chain capabilities: The protocol has enabled USDT on the TRON network via Omniston to facilitate swaps between TON, TRON, and EVM chains [Source http://STON.fi/].
- EVM Route expansion: New routes supporting Avalanche, Arbitrum, and Robinhood Chain for stablecoin exchanges have been introduced at http://STON.fi/.
- DeFi Tooling updates: Users can now better manage liquidity by studying scenarios, evaluating APRs, monitoring pools, and calculating impermanent loss through specialized tools.get details enough here https://t.me/ston_fi_ru/1427 or t.me/ston_fi_ru/1421 (simulator).
- Stonbassadors program: Recent reports show 544 participants distributed a total of 10,885 STON tokens [Source https://t.me/ston_fi_ru/1425; https://ston.fi/stonbassadors].
Yield Farming & Statistics
- High Yield Pools: Current active farm rates include USD₮/JETTON reaching up to 99% recently down to 48%, TONG/GRAM at approx 66-67%, and STON/USD₮ around 13-14%. [View all pools on app.ston.fi]
- Protocol Performance: The protocol has reached over 35 million swaps with recent weekly swap volumes totaling 14.6 - 16 million TON ($22.2m - $22.4m) and TVL staying near 18 million TON.
Market Analysis Summary — August 24 / late own news cycle
- Macro catalysts for BTC growth: US Treasury bond buybacks ledto dollar weakness which fueled risk assets like Bitcoin (up or liquidations), while political pressure regarding the CLARITY Act potentially supports crypto adoption.
- ETF Inflows vs Market Sentiment: While spot ETF inflows hit certain maximums, there is caution due to high fear/greed index levels (around 78) and heavy long leverage that could lead to a quick cleanup of positions.
- Technical Risk Warning: Current market movement caused by macro news and short squeezes rather than a permanent trend reversal; watch out for potential corrections if price targets lack sustained buying support beyond current eyespot moves.
! DYOR (Do Your Own Research)
