Importance to the Space
The TON ecosystem is still in its early stages, with DeFi only beginning to take shape. While the essential first-layer protocols such as lending, liquid staking tokens (LSTs), and DEXs exist, the ecosystem needs more advanced tools to fully unlock its potential. FIVA introduces a new layer of DeFi, offering users innovative strategies to manage risk, optimize yield, and capitalize on emerging opportunities.
FIVA also addresses the challenge of asynchronous blockchain integration in TON by facilitating seamless, decentralized interactions between DeFi protocols. This will create new financial incentives and use cases for integration.
To achieve mass adoption of DeFi and blockchain, we must offer better tools and more accessible opportunities. FIVA is positioned to be a catalyst for growth in the TON ecosystem by attracting users and capital while creating a more decentralized and open financial system.
Size of Opportunity
Currently, Telegram has over 900 million users, but only a small percentage are actively using blockchain, with even fewer engaged in the TON DeFi ecosystem. The Total Value Locked (TVL) in the TON ecosystem is in the hundreds of millions of dollars, while the broader DeFi space boasts a TVL in the tens of billions of dollars globally. This vast difference underscores the significant growth potential within the TON ecosystem.
TON’s scalable architecture, capable of handling thousands of transactions per second (TPS), positions it as the ideal foundation for decentralized finance. FIVA aims to introduce crypto-native derivatives and yield management tools, tokenizing hundreds of millions of dollars in yield and providing a pathway to the broader DeFi market, which continues to expand.
With sophisticated yield management tools, FIVA is strategically positioned to capture a growing share of this ever-expanding market, contributing to the evolution of decentralized finance on TON.
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