TON will provide user incentives of 11 million Toncoin for early adopters of on-chain USDT

ChainCatcher news, according to the official announcement, TON will provide user incentives of 11 million Toncoin for early adopters of on-chain USDT.

Specifically, 5 million Toncoin will be used for USDT mining in the Telegram wallet, where users can earn rewards simply by purchasing or depositing USDT; another 5 million Toncoin will be used to incentivize USDT liquidity in the two major DEXs in the TON ecosystem, ston.fi and DeDust, where users can participate in liquidity mining and earn rewards by providing an equal amount of Toncoin and USDT.

In addition, several centralized exchange partners of TON will also provide 1.2 million Toncoin to offset the fees for users withdrawing USDT or any TON assets to the TON chain wallet.