IntroductionAbout TONG:TONG is a simple Memecoin, which means "pain" in mysterious oriental country language.
BOTH WATCHING THE BTC GET HIGHER AND HIGHER, AND THE FRIENDS AROUND US BECOMING RICHER AND RICHER, WHILE WE CAN ONLY WATCH AND WATCH, THIS IS VERY TONG!
About TonUP:TonUP is one of the most renowned and successful launchpads in the TON ecosystem. It provides a robust platform for promising projects, ensuring comprehensive support and protection for participants. TonUP’s Community Protection Plan (CPP) includes features such as the Liquidity Supervision Plan and Price Protection Plan, offering nearly guaranteed returns. This makes TonUP a reliable and attractive launchpad for high-potential projects.
Brand: tonup.cc/brand
Socials: tonup.cc/socials
Tokenomics$TONG brings a truly unique economic model to the table, with 30% of its supply dedicated to the IDO on the TonUP platform.
But that's not all - another 30% of $TONG is earmarked for liquidity pools, and get this, the entire LP allocation has been BURNED to the ground!
But wait, there's more! The remaining 40% of $TONG tokens are set aside for ongoing liquidity rewards, which will be distributed over the next 3 years.
In other words, during the initial issuance of $TONG, there was absolutely zero pre-allocation by the fair launch team - it's a full 100% fair distribution, baby!
And with all those LPs gone for good, you can kiss any chance of a rugpull goodbye.
Roadmap Fair Launch BeginningsOn March 23rd, 2024, $TONG launched its IDO (Initial DEX Offering) on TonUP. Unlike many other token launches, there was no airdrop, no investor allocation, and no team allocation - it was a truly fair launch driven by the community. The IDO was completed in just half an hour, with a total of 100,000 $TON raised.
To ensure transparency and community trust, the contract permissions have been revoked, as evidenced by the transaction here: Transaction · 58ddb0f6...
Liquidity BootstrappingThe team has formed a liquidity pool (LP) with the raised $TON and the reserved $TONG. This LP has subsequently been destroyed.
40% of the $TONG supply has been injected into the STON.fi liquidity rewards program, to be released linearly over a three-year period.
The liquidity tokens have been sent to STON.fi's account, and the liquid mining has commenced on March 28th, as evidenced by the transaction here: Transaction · ca0c4340...
The excess $TONG has been transferred to a black hole, as shown in this transaction: Transaction · 6747567183...
The LP tokens have also been burned, as evidenced by the transaction here: Transaction · c740679c...
Ongoing Liquidity MiningThe liquidity rewards on STON.fi have been initiated, and will continue for the next three years, as shown in the STON.fi pool details here: STON.fi Pool
Furthermore, $TONG has now made it onto the Open League Token Battle leaderboard, and is steadily climbing the ranks.
https://ton.org/en/open-league?filterBy=forProjects WHY TONG?100% Transparent Token DistributionThe TONG token has a beautifully designed economic model that is truly fair and transparent:
30% for IDO: 30% of the total TONG supply was used for the IDO, which raised 100,000 TON from the community.
30% for Liquidity: Another 30% of TONG was used to form the initial liquidity pool (LP) together with the 100,000 TON raised in the IDO. Crucially, this LP has since been completely destroyed.
40% for Farming: The remaining 40% of TONG tokens have been fully allocated to the STON.fi liquidity mining program, to be distributed linearly over a 3-year period.
A Truly Decentralized Liquidity PoolThe 100,000 TON raised in the IDO, combined with the 30% TONG liquidity pool, have been locked in a "black hole" liquidity pool. This means that no one, not even the original project team, can withdraw or manipulate this pool. It is permanently open and accessible to the community.
Perpetual Deflationary TokenomicsAs users provide liquidity and participate in the STON.fi farming program, they will compete for the 40% TONG farming rewards. Notably, any TONG earned from the “black hole LP” farming rewards will be automatically burned, creating a perpetual deflationary cycle.
Aligning IncentivesThe best way to earn with TONG is to actively provide liquidity and participate in the farming program. As more users join the liquidity pools, it will create greater demand and higher total value locked (TVL). Importantly, there is no need to worry about the pool being removed or the price being manipulated, as the liquidity is 100% fair and the LP has been permanently destroyed.
Meme Culture and Eastern MysticismTONG also carries significant cultural meaning in the mysterious Eastern tradition. When someone experiences a setback or feels pain, they might exclaim "TONG", evoking the sentiment of heartache and suffering, similar to the use of “lol” "tilt" in western culture. Events like heavy losses in the crypto market are all considered "TONG".
In summary, $TONG is the first truly fair meme token on the TON blockchain, combining transparent tokenomics with references to Eastern mystical culture.
TONG's economic model is built on principles of transparency, decentralization, and perpetual deflation. It truly is the fairest meme token on the TON ecosystem.
$TONG has now made it onto the Open League Token Battle leaderboard, and is steadily climbing the ranks. https://ton.org/en/open-league?filterBy=forProjects
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TONG是一種簡單的Memecoin，在神秘的東方鄉村語言中意為「痛苦」。
既看著BTC越來越高，也看著我們身邊的朋友越來越有錢，而我們卻只能看著看著，這太TONG了！
Telegram:
https://t.me/tong_coin Twitter:
https://x.com/tongcoin Token Contract: EQC0KYVZpwR-dTkPwVRqagH2D31he931R7oUbPIBo_77F97K
Price Tracking:
https://www.geckoterminal.com/ton/pools/EQCHIo1dchiZfonXjtKdzbHTOKZ1MojSxUG00-0EO4bTbYKI
