TON: The first layer of DeFi primitives is being completed, and the second layer projects include Launchpad, options and derivatives

Odaily News According to official news, TON announced that it is completing the first layer of DeFi primitives, including lending solutions, liquidity pledge and Constant Product Market Maker protocol. The second layer projects include Launchpad, options and derivatives. In addition, future plans also include bridges between TON and other networks such as BTC and EVM, which will allow the addition of new assets, including major stablecoins. As part of the partnership reached with Curve Finance in September, the two parties held a competition to develop Curve's constant functional market maker (CFMM) technology, which is expected to reduce price volatility and slippage. Projects need to obtain permission to use CFMM technology. (Cointelegraph)