The first TONFi Layer 2 project DuckChain has launched, innovatively introducing Telegram Star to pay gas fees.

CN
1 year ago

DuckChain innovatively proposes the "TONFi Layer," connecting TON with the EVM, BTC, and other ecosystems through the EVM framework and the Telegram Star Gas payment system.

Recently, Binance has frequently listed TON ecological projects such as Notcoin, TON, DOGS, Hamster Kombat, and Catizen, sparking widespread discussions and unprecedented attention to the TON ecosystem. Hamster Kombat claims to have surpassed 300 million users, while Catizen has 34 million users, including 2.24 million Telegram Premium users, with over 2 million active players on the chain.

The TON ecosystem has evolved from the "Tap to Earn" model to the Hamster Kombat advertising model, and then to Catizen's gamified payment model, gradually promoting blockchain education for billions of Telegram users.

So, what is the next direction? Will TON usher in a big explosion in the Web3 ecosystem? How to lower the threshold to introduce developers and liquidity from other ecosystems? These questions may drive the TON ecosystem to new heights.

DuckChain: Innovative Solution for TON Layer 2

DuckChain is the first TON Layer 2 project based on the Arbitrum Orbit solution, supported by TONScale Labs and Arbitrum, attracting over 2 million users' attention, and the test network is already online. It is worth mentioning that DuckChain is the first non-Ethereum Layer 2 supported by Arbitrum, and its related proposal received 84.5% support in the Arbitrum DAO.

The project aims to provide a new technical development path for the TON ecosystem, bringing more developers into a friendly EVM development environment, while lowering the barrier for Web2 users to introduce hundreds of millions of Telegram users to the chain, to help drive the widespread adoption of TON.

Innovative Highlights of DuckChain

1. Building the First TONFi Layer

Unlike other Layer 2 solutions that focus on reducing gas fees and transaction speed within Layer 1, DuckChain focuses on the external positive development of TON.

DuckChain innovatively proposes the "TONFi Layer," connecting TON with the EVM, BTC, and other ecosystems through the EVM framework and the Telegram Star Gas payment system. Users can use Telegram Star or TON to experience DeFi, GameFi, and SocialFi projects, enabling smooth interaction with on-chain products and protocols.

2. Innovative Introduction of Telegram Star as Gas Fee

In June, Telegram launched Star points, allowing users to buy and sell digital goods on the platform. DuckChain innovatively tokenizes Telegram Star, integrating it into the account abstraction function, allowing users to easily convert Star into on-chain gas and participate in various on-chain ecosystems. This innovation lowers the entry barrier for Web2 users, provides a seamless on-chain experience, and drives TON user growth.

3. EVM Development Environment and Developer Introduction

Although the TON ecosystem is developing rapidly, existing development languages and tools are relatively complex, limiting the large-scale participation of developers. DuckChain can provide a friendly EVM development environment, attracting developers and liquidity from other ecosystems, and promoting Telegram users' participation in decentralized finance to enrich on-chain applications.

According to the official announcement, several well-known EVM ecosystem projects such as Camelot, the largest DEX project on Arbitrum, and leading lending protocol LayerBank will enter the TON ecosystem through the DuckChain framework.

4. Enhancing TON Network Security and Decentralization

DuckChain will collaborate with TON's Restaking solution to enhance the security of decentralized applications by utilizing existing staked assets of over $5 billion in TON, increasing the economic security and value capture capability of TON Layer 2. Since its launch, DuckChain has been committed to aligning with the TON network and driving the global widespread adoption of blockchain technology.

Star Season Testnet Activity: Connecting Web2 and Web3

The "Star Season" activity launched by DuckChain's testnet allows users to create wallets with one click through DuckChain's mini-app and pay gas fees using Telegram Star, achieving a seamless Web2 and Web3 experience.

It is revealed that this activity has received support from over 20 partners, including Arbitrum, OKX, Camelot, Nubit, Particle Network, and Gate Wallet, further expanding the coverage of the DuckChain ecosystem.

Next Breakthrough in the TON Ecosystem

As the first TONFi Layer 2 project in the TON ecosystem, DuckChain has significant first-mover advantages. With the support of the top Ethereum Layer 2 project Arbitrum, DuckChain is committed to solving the complexity of the development framework and the isolation of ecosystem liquidity in the TON ecosystem, injecting more innovation and possibilities for the future development of the TON ecosystem, and may become a key force driving further breakthroughs in the TON ecosystem.

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