March Monthly Digest

Announcement
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This March has been a landmark month for TonUP, with huge progress that’s set new milestones for us. In this digest, we’re excited to share our achievements and the promising journey ahead. Stay connected as we continue to forge ahead, together!

  • TonUP has successfully been selected for The Open League Beta season, receiving a 50K liquidity reward provided by the TON Foundation. In the past 30 days, the $UP token liquidity has exceeded 2M+ USD on DeDust;

  • Exchange Listing: In March, TonUP successfully listed on Gate.io, MEXC, BingX, CoinTR, and XT.com, leading to significant growth in our community users in Russia, Taiwan, Turkey, and Vietnam; according to CMC data, the $UP price once again hit an all-time high (ATH) of $1.37;

  • TonUP’s Twitter followers have grown to 72.9K users, Telegram Channel followers have increased to 92K, and active addresses exceed 33K;

  • TonUP has officially introduced a platform protocol income buyback, burn, and redistribution mechanism. In March, we completed a total of 3 buybacks, repurchasing 12,498.25 $TON and burning 39,592.74 $UP, distributing IDO cashback rewards of 11,695 $UP;

  • TonUP has also launched a Staking platform and provided an initial staking reward of 20,000 $TON for $UP token. Users can stake at any time to earn rewards.

In terms of Launchpad business, in March, TonUP successfully conducted IDOs for $TONG, $TELE, and $DEER:

  • $TELE: Raised a total of $50,000 TON, with a maximum increase of approximately 15x at ATH price;

  • $TONG: Raised a total of $100,000 TON, with a maximum increase of approximately 4x at ATH price;

  • $DEER: Raised a total of $100,000 TON, with a maximum increase of approximately 2.2x at ATH price.

March was not only a significant milestone for TonUP, but also for the TON ecosystem as a whole, with the launch of The Open League competition leading to sustained growth in the ecosystem. Lastly, I would like to reveal that in April, we will have more high-quality IDO projects launching, including several well-crafted games, so stay tuned.

Remember, you can generate passive income with your $UP token by staking it with TonUP or providing LP in STON!