TON Info English

Changes in $SWITCH Emission

PocketFi has announced the burning of $SWITCH. Out of 6.5 billion tokens, only 1,119,161,920 $SWITCH will enter the market.

To prevent your $SWITCH tokens from being burned, you must complete verification. The cost ranges from 0.5 TON to 2 TON, depending on user activity, but the developers have not disclosed how the algorithms work. Users who complete verification will receive a +5% bonus to their tokens.

You should verify as soon as possible. If you don’t, your tokens will be permanently burned.

To complete verification, go to PocketFi, click on “Unverified Account,” and follow the instructions: pay with TON or Stars.

TON price surged by 20.77% in 24 hours

The French news agency AFP reported that Pavel Durov has left France and traveled to Dubai. Following this news, Toncoin’s price jumped by more than 20% in a single day.

As a reminder, in August last year, Pavel Durov was detained upon arrival in France, charged with 12 offenses, and released on bail of €5 million. He was required to report to the police twice a week and was prohibited from leaving France.

Reducing Latency in the TON

TON Core has shared an update on reducing network latency.

According to the publication, the speed of mainnet blocks has increased by approximately 60% over the past year. Additionally, a x1.5-2 increase is expected next year, which will boost validator rewards.

Over the next few months, TON Core plans to reduce network fees by a factor of four.

A preliminary list of updates is available via the link, with more detailed information to be released in April.

TON Listed on Bitso

Mexican cryptocurrency exchange Bitso has integrated the TON blockchain. Now, users in Mexico, Argentina, Brazil, and Colombia can buy and sell Toncoin for fiat, as well as exchange it for other cryptocurrencies supported by the platform.

In its blog, Bitso highlighted that Toncoin’s low fees and high transaction speed make it an ideal solution for DeFi platforms, games, and applications. Additionally, TON is well integrated with Telegram, making it easily accessible to a wide range of users.

Shortened address format in Gifts

Now, if a gift is converted into an NFT and stored in a wallet with a linked domain, the “Owner” field will display the .ton or .t.me domain.

Previously, this field showed the wallet address in Non-bounceable format, for example: UQ…tESt.

Trading NFT Gifts on Fragment

The Gifts section has been added to Fragment.com, allowing users to buy and auction NFT gifts from Telegram.

The platform offers convenient filters to help users find gifts with specific models, patterns, and backgrounds. Each gift also includes detailed information, such as the sender, recipient, attached comment, and the date it was given.

To convert a gift into an NFT and trade it, users must complete Verification (KYC) and meet additional requirements.

The minimum price for listing a gift is 1 TON, and the platform does not charge any fees.

Accelerator Updates

TON Core has prepared an Accelerator update that will further increase network throughput, raise overall limits, and stabilize block times, making them independent of network load.

Additionally, plans include reducing End-to-End latency (the time it takes for transactions to reach users), and work is underway on Layer 2 solutions. A report on the progress in this area has been published in the TON/TVM Sidechains Overview.

MyTonWallet has been updated to v3.4: a mini-app in Telegram, a help canter, an improved interface, and more exact fees

• Telegram Mini App
Now, all MyTonWallet features are available in the Telegram mini app – @myapp. Easily stay within Telegram, switch wallets, make transactions, and quickly minimize the mini app when needed.

• Help Center
The knowledge base provides information on Cryptocurrency, Exchanges, Staking, Decentralized Applications (Dapps), Security Rules, Wallets, MyTonWallet about, and more. Explore it on our website: help.mytonwallet.io/

• UI Enhancements
MyTonWallet now allows you to conveniently save addresses for quick transfers and instantly view addresses in the blockchain explorer.

• Exact Fees
Transactions via MyTonWallet in TON Connect are now more transparent. Users can see the exact fee, including any change, even if their balance is insufficient.

Download • Mini App • Web

@MyTonWalletEn

BigPump Trading Contest: $11,000 and 1,100,000 $SWITCH Up for Grabs

BigPump has launched the Trading Contest S2 with a total prize pool of $11,000 USDT and 1,100,000 $SWITCH.

How to Earn Points?

• 1 point for every $1 of trading volume on BigPump.
• 0.3 points for every $1 of your new referral’s trading volume.

Deadline: March 19 at 23:59 UTC — the top 100 traders will receive rewards.

1st place — $1,250 and 125,000 $SWITCH
2nd place — $1,000 and 100,000 $SWITCH
3rd place — $800 and 80,000 $SWITCH
4th place — $500 and 50,000 $SWITCH
5th place — $400 and 40,000 $SWITCH
6th place — $250 and 25,000 $SWITCH
7th place — $200 and 20,000 $SWITCH
8th place — $175 and 17,500 $SWITCH
9th place — $150 and 15,000 $SWITCH
10th-19th places — $100 and 10,000 $SWITCH (each)
20th-39th places — $75 and 7,500 $SWITCH (each)
40th-69th places — $50 and 5,000 $SWITCH (each)
70th-100th places — $25 and 2,500 $SWITCH (each)

Bonus Prize: 100 additional participants who didn’t make the top 100 but have a non-zero trading volume will have a chance to win $15 and SWITCH.

How to Trade on BigPump?
1. Open the PocketFi mini-app.
2. Tap BigPump at the bottom.
3. Connect your non-custodial wallet (TON Space, Tonkeeper, MyTonWallet, etc.).
4. If you have TON, scroll down and choose a meme token to buy.
5. Tap on the token to view price charts, user insights, and trading info.
6. Press “Buy”, enter the amount in TON, and confirm.
7. Go to your wallet and approve the transaction.

That’s it. You’ve successfully bought a meme token on BigPump and earned points in the trading contest.

Support the Creator:
• t.me/pocketfi_bot/Mining?startapp=207737178
• t.me/pocketfi_bot/BigPump?startapp=AntonioMarreti_1142

$SWITCH staking is now available on PocketFi

PocketFi has introduced staking for mined $SWITCH with lock-up periods of 3, 6 months, and 5 years, each offering different APRs and varying TON fees for staking.

Staking 5 000+ $SWITCH for different durations grants you a SoulBound Token NFT of different levels.

xQuest – a quest platform by xRocket

xQuest is a quest platform by xRocket with a prize pool of 300,000 XROCK, allowing users to explore cryptocurrencies, the P2P Market, Exchanges, Staking, Web3, and other new opportunities.

To participate, you only need to connect your TON wallet (Tonkeeper, MyTonWallet, and others) and subscribe to two xRocket channels.

To increase your chances of winning, you need to stay active with xRocket: reach the required volume on the Exchange, engage in the P2P Market, and earn bonuses for having a Telegram Premium subscription and an xRocket emoji-status.

Prizes in xQuest are distributed based on a launchpool principle: the earlier you reach a certain level, the more rewards you receive. According to xRocket’s CEO, all participants will receive a reward.

In the future, the platform will continue to expand, introducing new quests and integrating tasks from xRocket’s partners.

If you’d like to support our channel: t.me/xrocket/app?startapp=acci_gHcPZaFEKASseYH

TVM Ventures Launches $100,000,000 Fund to Drive TON Blockchain Growth

TON Virtual Machine (TVM) Ventures has launched an investment fund aimed at expanding the TON Blockchain ecosystem as a global financial network. The fund is backed by an anonymous Toncoin miner and is led by Steve Yun, former President of the TON Foundation, who remains on its board of directors. TVM Ventures will provide startups and enterprises with capital, infrastructure, and technical resources necessary for the mass adoption of decentralized finance (DeFi) and payment solutions (PayFi).

TVM Ventures’ Mission:

“Our mission is to build an advanced and comprehensive financial system capable of serving 500 million blockchain users by the next cycle,” — said Steve Yun.

Fund Allocation Priorities:
• DeFi and Infrastructure: TVM Ventures will prioritize DeFi protocols, recognizing their foundational role as the equivalent of savings accounts in the traditional banking services.
• Cross-Border Payments and PayFi: TVM Ventures seeks to accelerate PayFi founders who address the vast inefficiencies in the traditional payments space.
• Security: TVM Ventures underscores its commitment to security across its ecosystem by collaborating with the most advanced security auditors for the TON Virtual Machine.


Investment Strategy:
• TVM Ventures focuses on early-stage projects with valuations ranging from $5M to $10M.
• Investment sizes range from $500,000 to $1M.
• The fund also provides $5M in “farming liquidity” to support DeFi protocols.

Current Investments:
The fund has already invested in four TON-based startups: Factorial, Torch Finance, Fiva, Memes Lab.

TON Ecosystem Growth Outlook:
• The TON ecosystem is expected to see significant expansion by Q2 2025.
• TON is projected to capture a major share of the stablecoin market in the coming years.
• Steve Yun forecasts that Toncoin could reach $40 in the next bull cycle.

“Together with courageous and genius founders who share our conviction in TON’s native potential, we will shape the future of TON and TVM,” Yun declared.

For more information about TVM Ventures, visit tvm.ventures or follow updates on X and Telegram. For inquiries: tolk@tvm.ventures.

New TON Foundation President Transfers 1,308,151 TON to KuCoin

On January 15, Manuel Stotz, founder of Kingsway Capital Partners Ltd, took over as president of the TON Foundation, replacing Steve Yun. Steve Yun, however, remains a member of the foundation’s board of directors.

Manuel Stotz is considered an experienced crypto investor and has stated that he aims to support the development of the TON Blockchain in the USA market while fostering new TON ecosystem initiatives.

The reason behind the transfer of 1.3 million TON to the exchange remains unknown, but the move had a significant impact on Toncoin’s price, which dropped by 5% within 24 hours.

Additionally, TON is preparing for a major unlock of investor funds, which could further influence Toncoin’s future price.

Increased Cases of Gift Fraud on Telegram

Scammers are using a new scheme to deceive users when selling gifts on Telegram.

Key points:
• Scammers buy a gift, upgrade it, and sell it through a marketplace or directly.
• After the sale, a refund is requested, and the gift is returned without upgrades.
• The buyer is left without the gift and the spent funds.
• Both legal methods and stolen cards are used for refunds.
• The scheme affects both TON and USDT transactions through the @tonnel_network_bot bot, as well as direct purchases.

The bot's author commented on the situation:

Such cases have indeed occurred. If I'm informed about such an incident, I block the violator's account. In my opinion, Telegram should not lower the level of these gifts upon return. Even if I prohibit such deals in the bot, people will make them directly, which will lead to the same problems and, probably, to an increase in fraud in direct deals.

It's worth noting that this has happened only 5 or 6 times out of more than 100,000 transactions, so at the moment it's not a serious problem. However, I can't predict how the situation will change after recent updates.

Important to note: The problem is related to the possibility of refunds in the Telegram system, not the operation of the @tonnel_network_bot. The bot only provides a platform for transactions and is not responsible for the actions of scammers.

The @infotonen editorial team also reminds that trading through the Getgems platform is considered safer in this regard. After 21 days from the transaction, it's no longer possible to request a refund, which significantly reduces the risk of such fraud.

$SWITCH token burn: your tokens could be burned

PocketFi is preparing for the listing of $SWITCH — the second step towards launch includes burning tokens held by users who are inactive in the bot.

To avoid losing your tokens, follow these steps:
1. Log in to PocketFi
2. Claim your $SWITCH tokens
3. Stay active and secure your place in the future ecosystem.

If you remain inactive for three weeks, your token balance will be burned.

Token burning is carried out to reduce the total supply and increase the value of $SWITCH.