Tonnect 2024 awards are currently underway. Crypto enthusiasts can now cast their votes for the best DeFi apps.
The TONNECT 2024 Awards is hosted by the Bitget Wallet, Bitget Global and supported by TON blockchain. Tonnect 2024 awards celebrate the best projects in the TON ecosystem. There are four main categories in the award event: Most Popular Game App, Most Popular DeFi App, Most Popular Social App, and Most Popular NFT App. The “Most Popular DeFi App” category is particularly exciting for the crypto enthusiasts. Most popular DeFi app winner will set to make a significant impact in the DeFi world. This article dives into the details of the top defi app nominated for the Tonnect 2024 awards.
What is Defi Apps?
Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. It uses emerging technology to remove third parties and centralized institutions from financial transactions.
The components of DeFi are cryptocurrencies, blockchain technology, and software that allow people to transact financially with each other.
Most Popular DeFi Apps
Some most popular DeFi apps to vote in the Tonnect 2024 awards event are:
Tomarket: Tomarket is unique among decentralized exchanges because it offers a wide variety of asset classes, such as real-world assets, crypto yield swaps, and pre-TGE assets providing unique investment opportunities to the users. Its blockchain technology ensures secure, transparent, and unchangeable transactions. It removes the need for intermediaries and reduces fraud risk. The platform is easy to use for all skill levels, and its strong support from industry leaders like Bitget Wallet and Microsoft builds trust in its technology and vision.
Ston.fi: STON.fi, a decentralized exchange (DEX) on The Open Network (TON) blockchain, is set to introduce tools to address cross-chain swap challenges. At STON.fi, the security and privacy of users are taken very seriously. That’s why they have implemented a completely decentralized model that ensures users’ coins and tokens remain inaccessible. STON.fi is also proud to offer minimal trading fees. Powered by the TON blockchain, Ston.fi offers virtually zero trading fees, making it an exceptionally cost-effective option for users.
DeDust.io: DeDust is the most advanced decentralized exchange (DEX) built natively on the TON Blockchain. Designed with meticulous attention to user experience (UX), gas efficiency, and extensibility, DeDust is more than just an exchange; it’s a new era in decentralized applications. More recently, DeDust had an upgrade to new contracts that reduced the cost of commissions and improved the user experience. It is now possible to invest liquidity with a single transaction, previously users had to do several.
Blum: Blum, a unique mini-app based on TON ecosystem aims to revolutionize cryptocurrency trading by providing a hybrid exchange that allows access to tokens from both centralized and decentralized exchanges on a single platform. Blum excels in efficiency and speed, executing trades rapidly and operating 24/7 through automated trading. It offers comprehensive analytics and real-time market data to help users make informed decisions. Blum prioritizes security with strong encryption and secure wallet integration to protect digital assets. It’s user-friendly interface makes it easy for both beginners and experienced traders to navigate the crypto market.
EVAA Protocol: The EVAA Protocol is a decentralized finance platform that uses TON blockchain technology. It is used to make borrowing and lending digital assets secure and efficient. Users can lend their assets to earn interest or borrow by using their cryptocurrency as collateral. It offers a strong DeFi infrastructure. It enables peer-to-peer cryptocurrency trading through decentralized exchanges (DEXs) for more privacy and control. Additionally, users can participate in yield farming and staking, to earn rewards. This is fostering an active and engaged community.
How to Vote?
Nomination Phase (July 30th – August 5th): Nomination phase is already over. Users have nominated their favorite DeFi apps in the Tonnect 2024 awards.
Voting Phase (August 5th – August 12th): Following the nominations, users can check the Tonnect 2024 Awards page, click the “Vote” button, and cast their votes. Each user can cast up to three votes per category to support the projects they believe in.
Winner Announcement (August 16th): The final results and winners will be announced on the TONNECT 2024 Awards page.
All participants who nominate projects or vote in Tonnect 2024 awards will stand a chance to share 500 $TON tokens through a lucky draw.
The Tonnect 2024 Awards are an important event in the TON ecosystem, providing a platform to engage with and highlight innovative projects. By voting, users support their favorite DeFi apps and help the TON ecosystem grow. Get ready to nominate, vote, and support your favorite TON projects! So, get ready to nominate, vote, and support your favorite TON projects!
Also Read:- Tonnect 2024 Awards: Most Popular Game App Nominees
