TON Society Liquidity Award Program

Graham · August 14, 2022, 8:51am

2-Week Open Period for Comments

TON Society is announcing a $14M TON liquidity award program for teams deploying on TON and bringing users to increase the total value locked (TVL) in the ecosystem (e.g., bridge, DEX, etc.)

The liquidity award program is as follows:

- 6-month cliff and 12-month vesting

Projects on a first-come, first-served basis will be able to unlock awards ranging from $150,000 TON to $3,500,000 TON. Total allotted is $14,000,000 TON (paid in TON).

This program will provide an attractive way for teams building bridges, DEXs, and other DeFi protocols on TON to engage in open and fair competition, instead of picking winners and losers in a crowded field of promising teams vying for TVL and users. This further demonstrates commitment to supporting teams that might not be willing to open-source their source code for commercial reasons.

As part of the draft proposal announcement (via TON Society GitHub), we are looking forward to comments/feedback/questions from teams via GitHub open issue. The open period will be active until 19 Aug. All relevant comments in the issues section will be answered and the program draft updated (as needed). The official start date of the program is to be determined.

See below for the link for more details:

github.com

ton-society/grants-program/blob/main/announcements/liquidity award program.md

# **Liquidity Award Program**

## What is it?

- $14M TON liquidity award program for teams deploying on TON and bringing users to increase the total value locked (TVL) in the ecosystem (e.g., bridge, DEX, etc.)
- **6-month cliff and 12-month vesting**
- Rewards will be unlocked on a first-come, first-served basis ranging from $150,000 TON to $3,500,000 TON 

## Award Tiers (Cumulative)

|        | TVL ($)       | Toncoin (TON) |
| ------ | ------------- | ------------- |
| Tier 1 | $ 5,000,000   | $150,000      |
|        | $ 16,250,000  | $350,000      |
|        | $ 27,500,000  | $550,000      |
|        | $ 38,750,000  | $750,000      |
|        | $ 50,000,000  | $950,000      |
| Tier 2 | $ 70,000,000  | $1,250,000    |
|        | $ 90,000,000  | $1,600,000    |
|        | $ 110,000,000 | $1,950,000    |

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