WHY TONG?
100% Transparent Token Distribution
The 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 Pool
The 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 Tokenomics
As 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 Incentives
The 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 Mysticism
TONG 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.