TON Raffles
Ton Raffles — is a service on The Open Network blockchain that allows you to independently create and launch projects without deep technical knowledge, combining the features of community management and modern blockchain technologies.
The platform's ecosystem includes such features as trading $RAFF token, mint of NFT and tokens, as well as their listing, farming, staking and asset exchange on a decentralized exchange. The creators position TON Raffles as a decentralized project with voting and token burning mechanisms. The service supports the development of the gaming sector and provides opportunities for passive earnings.
The team is focused on project development in the Web3 area.
The Web3 direction, a platform for interacting with the TON blockchain, includes the following modules:
- «NFT Launchpad» for launching new NFTs;
- «Jetton Launchpad» for listing new tokens;
- «Lock» for locking LP (Liquidity Providing) coins and tokens;
- Decentralized Exchange (DEX);
- Liquidity Pools to get a share of trading commissions;
- Farming — a tool to generate revenue in the form of new tokens for providing liquidity;
- Staking — passive earnings by holding cryptocurrencies.
Previously, Web2 projects were available, but now they are frozen. The platform included the following services:
- «NFT-calendar» for tracking events on the TON blockchain;
- «Raffles» for prizes and awards;
- «Authors» – a module for tracking authors' activity on the platform, facilitating interaction between authors and the community.
$RAFF Token
$RAFF — is a utility token, the centerpiece of TON Raffles' expanding ecosystem.
$RAFF Tokenomics
Total Offer: 100,000,000 $RAFF.
Initial Offer: 20,000,000 tokens.
$RAFF has the following issue structure: 20% initially, 80% in the future. 20% of the $RAFF tokens have been issued, the remaining 80% are locked in for a year.
After a year, the DAO will vote on whether to issue additional tokens or burn them.
$RAFF Burning Mechanism
The volume of $RAFF tokens is constantly decreasing due to the burn-in mechanism.
This ensures its deflationary nature, which may have a positive impact on the value of $RAFF in the future.
$RAFF token Features
Trading
- The lowest slippage and flexible commissions when trading $RAFF on the TON Raffles platform.
Utilization
- The $RAFF token serves as a utility currency in a variety of projects within the ecosystem, including use on the marketplace.
Community Opinion
- Managing the issue and deflation of $RAFF tokens using DAO (Decentralized Autonomous Organization) community voting.
Earnings
- Using $RAFF in farming and staking pools allows for even more tokens.
Trading $RAFF on CEX (Centralized Exchange)
- The $RAFF token will be available for trading not only on decentralized exchanges (DEX) but also on centralized exchanges (CEX).
iGaming
- The $RAFF token will be used in the gaming sector.
TON Raffles Ecosystem
Swap
DEX (Decentralized Exchange) on the TON Raffles platform is a tool for secure transactions with cryptocurrency assets. The exchange uses the AMM (Automated Market Maker) model – users trade directly with each other, without traditional orders at fixed prices.
DEX is based on smart contracts, where users create liquidity pools to exchange assets. All transactions are recorded on the blockchain, providing security and transparency. DEX provides a wide range of assets for trading and utilizes the DAO voting system to make important decisions in the ecosystem.
Liquidity and Farming
TON Raffles Dapp will soon offer customers the opportunity to contribute assets to Liquidity Pools and receive LP (Liquidity Providing) tokens. These tokens confirm participation in the pool and reflect the user's share of assets in the pool.
Benefits of contributing liquidity to pools:
- Liquidity Providing Rewards: participants are rewarded for trading fees according to their contribution to the Liquidity Pool.
- Farming Rewards: users earn additional tokens by participating in «farms» that offer additional rewards for investing Liquidity Providing tokens.
Farming or Yield-farming is a way to make money on DeFi where users earn extra income for providing liquidity. This process involves staking LP tokens and receiving rewards in the form of $RAFF tokens. This feature will soon be available on the platform.
Users place tokens into Farming Pools on DEX, where assets are stored securely and available for retrieval at any time. Profits are made up of fees for users' trades on the platform, as well as special bonuses.
However, providing liquidity and participating in farming involves volatile losses. Therefore, you should carefully assess the risks before participating.
Jetton Launchpad
Jetton Launchpad is an innovative solution utilizing a special smart contract for secure token sales.
The smart contract allows users to set listing parameters including number of tokens, liquidity lock, minimum and maximum fees. This tool stands out because it utilizes FairLaunch, where users themselves set the initial token price. The community builds fairness and decentralized trading. Also available is an affiliate program with earnings of up to 5% from the transactions of attracted users.
NFT Launchpad
NFT Launchpad by TON Raffles is a progressive tool for creating and selling NFT collections.
The tool enables trading with flexible access parameters for users and personalized settings for each round of transactions.
This module simplifies the launch and execution of NFT sales, fostering the development of the NFT community on the TON blockchain.
Staking
Staking on the TON Raffles Dapp platform is a way to generate passive income where users earn rewards for locking tokens in special pools.
In these pools, assets are stored safely and are available for retrieval after the staking period.
Once the assets are deposited into the pool, rewards automatically start accruing. The reward varies depending on the type of pool: with fixed or dynamic payouts.
