ChainCatcher news, the TON Foundation announced an additional $24 million worth of TON rewards to the DeFi incentive program, bringing the total to 5 million TON, which increases the total value of the program to over $75 million. The additional 5 million TON is specifically allocated to reward liquidity providers of the DeFi protocols STON.fi and DeDust, as well as the liquid staking protocols Tonstakers and Bemo on TON.

ChainCatcher news, according to Decrypt, The Open Network announced an additional contribution of 24 million dollars worth of Toncoin (TON) to the DeFi incentive program, bringing the total amount of TON to 5 million, making the total value of the program exceed 75 million dollars so far.It is reported that the additional 5 million Toncoin added today is specifically for rewarding liquidity providers in the STON.fi and DeDust pools, which are the largest automated market maker (AMM) DeFi protocols running on TON.

ChainCatcher news, Layer2 Rollup platform Metis has announced the launch of the Metis Journey DeFi incentive program. This program has a budget of $5 million and aims to promote the development of new and existing DeFi applications on the Metis network, starting with the blue-chip DeFi protocol Aave v3.It is reported that the event will first strategically allocate tokens to Aave v3, with 100,000 METIS tokens designated to incentivize Aave users to trade on Metis LP. This strategic plan aims to attract more users to the Metis platform through Aave's participation.

ChainCatcher news, Ethereum Layer 2 network Metis announces the launch of a $5 million DeFi incentive program Metis Journey, aimed at promoting the development of new and existing DeFi applications on Metis.The program will first allocate strategic tokens to Aave V3, with 100,000 METIS tokens being allocated to incentivize Aave users in the liquidity pools on Metis, including ETH, METIS, USDC, USDT, and DAI.