In this case study, we showcase how listing on TONCO can significantly boost project metrics, as demonstrated by Aqua Protocol and their AquaUSD token. By participating in TONCO’s farming rewards program, AquaUSD saw a substantial increase in both TVL and trading volume.
Listing on TONCO provides valuable incentives, including farming rewards in USDT or other tokens. This study highlights how the farming campaign helped increase the TVL of the AquaUSD/USDT pool by over 80% and the cumulative trading volume by over 200%.
If you’re interested in listing on TONCO and receiving additional bonuses, please fill out our form and we’ll get in touch with you.
Aqua Protocol is a liquidity layer within TON Blockchain that issues the stablecoin AquaUSD. This stablecoin is backed by over 200% collateral, including tokens from liquid staking protocols.
Users can deposit TON or liquid staking tokens (stTON, tsTON, hTON) as collateral to mint AquaUSD. This stablecoin can then be used in TONCO DEX for additional yield while continuing to earn interest on the deposited collateral.
02.12: Farming campaign with 1000 USDT launched, TVL at $212k
09.12: After one week, TVL increased by 82% to $387k
02.12: Cumulative volume at $91k
09.12: Cumulative volume increased by 200% to $273k
Difference in listing on TONCO compared to other DEXes:
“Creating a position is convenient and clear, with an easy option to add liquidity in one token without additional swaps. Customizable price ranges allow for efficient liquidity concentration, especially beneficial for the AquaUSD/USDT pair.”
“The community is adapting to the concept of concentrated liquidity. Despite initial confusion, there is growing interest, creating a great synergy between AquaUSD and TONCO to attract people to DeFi.”
“Unlike other DEXes that set fees without input, TONCO allows projects to set custom fees, which is beneficial for different cases. The AquaUSD/USDT pool has a fee of 0.01%, ideal for a stable pair.”
“The farming boost to LP fees is unique and required some initial understanding. However, it provides a fair opportunity to earn significant rewards during high trading volumes.”
Unlike DeDust and STONfi, which spread liquidity inefficiently, TONCO allows LPs to target specific price ranges, maximizing capital use and rewards.
More about TONCO: https://docs.tonco.io/
Listing on TONCO is straightforward and free, with no fees or liquidity locking required. Maintain full control over your liquidity.
Ready to launch your token on TONCO? Fill out the form and we’ll collaborate to develop a listing plan, including support from TONCO to maximize attention and metrics for your token.
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