ChainCatcher news, according to official sources, the inscription asset lending protocol Tonka Finance's ecological token $TOKA has launched today on the MEXC trading platform, with the $TOKA/USDT trading pair now open, and the platform's daily trading peak increase reached 290%.Tonka Finance has partnered with the BTC Layer2 project MAP Protocol to jointly launch a staking rewards campaign, with the current staking volume of $TOKA tokens exceeding 1.68 million. Additionally, Tonka Finance has initiated the first phase of its testnet airdrop (from January 28 to February 6), where users who stake over 10,000 $TOKA assets before this phase can qualify for the airdrop whitelist. The total staking volume of $TOKA tokens has now surpassed 23 million.Tonka Finance is a lending platform focused on enhancing the functionality and liquidity of inscription track assets. By leveraging advanced lending mechanisms, diverse collateral options, and seamless cross-chain interactions, Tonka Finance offers a range of innovative features and services to enhance the functionality, viability, liquidity, and accessibility of Bitcoin inscriptions and other digital assets.

ChainCatcher news, the inscription asset lending protocol Tonka Finance has reached a strategic cooperation with the Bitcoin Layer2 protocol Map Protocol. The two will jointly conduct a series of technical and market-level collaborations and actively explore how to promote the positive development of the inscription market, jointly driving the positive growth of the inscription market.It is reported that Tonka Finance is a lending platform focused on enhancing the functionality and liquidity of inscription track assets. By utilizing advanced lending mechanisms, diversified collateral options, and seamless cross-chain interactions, Tonka Finance offers a range of innovative features and services to enhance the functionality, feasibility, liquidity, and accessibility of Bitcoin inscriptions and other digital assets. Tonka Finance will continue to provide effective solutions in terms of liquidity and financial utility for these new types of digital assets.

ChainCatcher news, according to official sources, the inscription asset lending platform Tonka Finance has now burned the ecological token TOKA, with a total of approximately 16.7% (166,666,667 tokens) of the total supply being destroyed. The total supply of TOKA tokens has now been reduced to 833,333,333 tokens.Tonka Finance officials stated that the reason for the token burn is that during the first round of the TOKA token Fair Launch, some bot users maliciously participated and refunded, resulting in some allocations not being claimed. Tonka Finance decided to burn this portion of tokens and relinquish ownership of the TOKA token contract after the burn. After the burn, the market value and FDV of TOKA tokens will be further adjusted and enter a new deflationary phase.It is reported that Tonka Finance is a lending platform focused on enhancing the functionality and liquidity of inscription track assets, and will continue to provide effective solutions for new digital assets, including liquidity and financial utility aspects.

ChainCatcher news, according to official sources, the inscription asset lending platform Tonka Finance will launch the $TOKA token TGE (Token Generation Event) on January 8. Previously, Tonka Finance raised funds through a "Fair Launch" method with a target of $2.5 million, ultimately oversubscribing by 300% and selling out in three minutes.It is reported that Tonka Finance is a lending platform focused on enhancing the functionality and liquidity of inscription track assets. By utilizing advanced lending mechanisms, diverse collateral options, and seamless cross-chain interactions, Tonka Finance offers a range of innovative features and services to enhance the functionality, viability, liquidity, and accessibility of Bitcoin inscriptions and other digital assets. Tonka Finance will continue to provide effective solutions for these new digital assets, including liquidity and financial utility.

ChainCatcher news, the inscription lending protocol Tonka Finance will conduct multiple rounds of Fair Launch for its ecosystem token $TOKA on December 28, with an average sell-out time of 3 minutes per round.During the Fair Launch, several malicious users conspired to initiate front-running attacks in the third round of activities and mistakenly predicted the internal test contract address as the official Launch contract address, sending a total of over 350 ETH to the test address, resulting in the inability to recover the assets.Currently, Tonka Finance officials have reviewed the transactions from the initial rounds of Fair Launch and further identified and marked several malicious wallet addresses. To ensure the fairness of the Fair Launch event and protect the rights of all participants, Tonka Finance will upgrade the contract and allow malicious users from this Fair Launch to refund their funds.

ChainCatcher news, December 28, the inscription asset lending platform Tonka Finance will conduct multiple rounds of sale for the ecological token $TOKA through a Fair Launch method, with an average sell-out time of 3 minutes per round. Currently, $TOKA has achieved a fundraising goal of 2.5 million USD, and has over-raised by approximately 300%. The official will refund the excess funds in the same way.It is reported that Tonka Finance is a lending platform focused on enhancing the functionality and liquidity of inscription track assets. By utilizing advanced lending mechanisms, diversified collateral options, and seamless cross-chain interactions, it aims to enhance the functionality, feasibility, liquidity, and accessibility of Bitcoin inscriptions and other digital assets, providing a better user experience than traditional lending protocols like AAVE and Compound. In the future, Tonka Finance will continue to provide effective solutions for liquidity and financial utility for new types of digital assets.