The first TONFi Layer 2 project DuckChain has been launched, innovatively introducing Telegram Star to pay gas fees.

CN
11 months ago

DuckChain: Innovative Solution for TON Layer 2

DuckChain is the first TON Layer 2 project based on the Arbitrum Orbit solution, supported by TONScale Labs and Arbitrum, attracting over 2 million users' attention. The test network is already online. It's worth mentioning that DuckChain is the first non-Ethereum Layer 2 project supported by Arbitrum, and its related proposal received 84.5% support in the Arbitrum DAO.

The project aims to provide a new technical development path for the TON ecosystem, introducing more developers to a friendly EVM development environment, while lowering the barrier for Web2 users, bringing hundreds of millions of Telegram users onto the chain to facilitate the widespread adoption of TON.

Innovative Highlights of DuckChain

1. Building the First TONFi Layer

Unlike other Layer 2 projects that focus on reducing gas fees and transaction speed within Layer 1, DuckChain targets the external positive development of TON. DuckChain innovatively proposes the "TONFi Layer," connecting TON with the EVM, BTC, and other ecosystems through the EVM framework and the Telegram Star Gas payment system. Users can experience DeFi, GameFi, and SocialFi projects using Telegram Star or TON, enabling smooth interaction with on-chain products and protocols.

2. Innovative Introduction of Telegram Star as Gas Fee

In June, Telegram introduced Star points, allowing users to buy and sell digital goods on the platform. DuckChain innovatively tokenizes Telegram Star, integrating it into the account abstraction function, enabling users to easily convert Star into on-chain gas and participate in various on-chain ecosystems. This innovation lowers the barrier for Web2 users, provides a seamless on-chain experience, and drives TON user growth.

3. EVM Development Environment and Developer Onboarding

Despite the rapid development of the TON ecosystem, existing development languages and tools are relatively complex, limiting the large-scale participation of developers. DuckChain can provide a friendly EVM development environment, attracting developers and liquidity from other ecosystems, promoting Telegram users' participation in decentralized finance, and enriching on-chain applications.

According to the official announcement, several well-known EVM ecosystem projects, including Camelot, the largest DEX project on Arbitrum, and leading lending protocol LayerBank, will enter the TON ecosystem through the DuckChain framework.

4. Enhancing TON Network Security and Decentralization

DuckChain will collaborate with TON's Restaking solution to enhance the security of decentralized applications by utilizing the existing staked assets of over $5 billion in TON, increasing the economic security and value capture capability of TON Layer 2. Since its launch, DuckChain has been committed to aligning with the TON network, promoting the global widespread adoption of blockchain technology.

Star Season Testnet Activity: Connecting Web2 and Web3

The DuckChain testnet has launched the "Star Season" activity, allowing users to create wallets with a single click through DuckChain's mini-app and use Telegram Star to pay gas fees, achieving a seamless Web2 and Web3 experience.

It was revealed that this activity has received support from over 20 partners, including Arbitrum, OKX, Camelot, Nubit, Particle Network, and Gate Wallet, further expanding the coverage of the DuckChain ecosystem.

Next Breakthrough in the TON Ecosystem

As the first TONFi Layer 2 project in the TON ecosystem, DuckChain has significant first-mover advantages. With the support of the top Ethereum Layer 2 project Arbitrum, DuckChain is committed to solving the complexity of development frameworks and the isolation of ecosystem liquidity in the TON ecosystem, injecting more innovation and possibilities for the future development of the TON ecosystem. It may become a key force driving further breakthroughs in the TON ecosystem.

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