TONSWAP: A Telegram-Native DEX for Mass Adoption

Ton Swapper
6 min readDec 9, 2024

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TONSWAP.org is the DEX for mass adoption

TL;DR

  • TONSWAP.org is the DEX for mass adoption.
  • By providing a Telegram miniapp as the primary interface, TONSWAP will make it easy for anyone, even without prior crypto experience, to manage digital assets.
  • Incorporating a simple launchpad with a yet-to-be-revealed viral system, will enable the creation of tokens and communities around those tokens easily, with TONSWAP as the hub for all those token users.

In the rapidly evolving world of DeFi, user experience and accessibility have emerged as critical factors for achieving mainstream adoption. While early DeFi applications often catered to a tech-savvy minority, the focus now is on intuitive platforms that anyone can access without steep learning curves. In other words, the time is now to focus on mass adoption of DeFi.

TONSWAP puts the user front-and-center and wants to create an experience so seamless and safe that anyone, even newbies to crypto, can use. By integrating right into Telegram — one of the world’s most widely used messaging platforms — and leveraging cutting-edge blockchain technology through the Hyperledger Iroha v2-powered SORA v3 network, TONSWAP aims to bring decentralized trading to the masses.

Note: Tokens shown here are just exemplary and are not actual tokens that will launch on TONSWAP.

Lowering Barriers of Adoption Through Telegram

Global adoption of DeFi requires meeting users where they already are. With its ubiquitous presence across a diverse global user base, Telegram is an ideal distribution channel. Instead of asking users to leave their familiar digital environments or go to some shady websites and install questionable browser plug-ins, TONSWAP will exist as a Telegram miniapp accessible directly within the messaging app’s interface. This approach drastically lowers the barrier to entry. Users accustomed to chatting with friends, joining community groups, and engaging with their favorite brands and shitcoin KOLs can now access a fully operational DEX without ever leaving the comfort of Telegram.

A Telegram miniapp seamlessly integrates into existing workflows, meaning the complexity of installing third-party wallets, navigating unfamiliar web interfaces, or juggling multiple browser tabs can be minimized. Optional Google login functionality is planned to make key management as easy as logging in, which can make onboarding novice crypto users a simple task. With the TONSWAP miniapp, users will be able to explore DeFi opportunities as naturally as they would join a new group or channel. This marks a fundamental shift in user experience — from complicated and intimidating user interfaces, toward an integrated, intuitive, and friendly environment.

1 Billion Users, 1 Billion Tokens

The goal of TONSWAP is nothing less than absolute domination of the DeFi space. By utilizing Telegram as a platform, the goal is to bring in One Billion users. By incorporating a launchpad with a viral referral system that we invented (but won’t explain here), we will aim for a Billion tokens being launched in the app.

Soon

TONSWAP aims to bring significant value to the TON token by creating new avenues to use TON, which will create more utility and demand. By incorporating TON into TONSWAP as a base asset for LP and for raising funz in the token launchpad, the goal is create billions of dollars worth of demand for TON tokens, which will help out the TON ecosystem overall and bring in more liquidity for all DeFi apps using TON.

Note: Tokens shown here are just exemplary and are not actual tokens that will launch on TONSWAP.

Built on the SORA v3 Network, Powered by Hyperledger Iroha v2

TONSWAP’s best-in-class speed and reliability will be powered by the SORA v3 network, using Hyperledger Iroha v2.

All successful economic systems must evolve or die, and SORA v3 is the next-iteration of the SORA new world economic order. SORA aims to create a new economic system for the world based on collaboration and on the empirical economic work of Dr. Richard Werner (among others) and the General Quantity Theory of Money. It uses the Hyperledger Iroha v2 blockchain infrastructure designed, trusted by governments and central banks, to handle high-throughput transactions while maintaining strong security guarantees. It is part of a broader ecosystem oriented toward interoperability, scalability, and cross-chain liquidity.

By building on SORA v3, TONSWAP benefits from a network architecture that emphasizes efficient transaction processing and on-chain governance. The Hyperledger Iroha v2 engine, known for its modular design and high security standards, ensures that transaction finality, state management, and consensus are achieved swiftly and reliably. The result is a DEX that can provide quick confirmations, low latency, and resilience against network congestion — attributes crucial for a seamless user experience.

As far as the user is concerned though, they’re just doing their thing on a fast, responsive, and beautiful DEX. They won’t even notice what chain they’re on with everything so seamless.

It’s important to build on the Hyperledger Iroha v2-powered SORA v3 network because the overall user experience will be much faster and more fulfilling than existing DEXs provide on TON. To give you a preview, compare the speed of the SORA v3 network for buying a test bond on the Palau Invest savings bond system (currently in test mode), vs doing a swap on stonfi:

SORA v3 Network (left) vs. a Popular TON DEX (right)

User-Centric Design: Simple, Secure, and Transparent

Mass adoption of DeFi hinges on removing complexity. Traditional decentralized exchanges often require users to manage separate browser extensions, understand complex address formats, sign a plethora of transactions, and pay careful attention to network fees and parameters. TONSWAP’s Telegram integration flips this dynamic. Through a well-designed user interface that aligns with Telegram’s familiar look and feel, conducting a token swap becomes as straightforward as sending a message.

Moreover, since TONSWAP is built on SORA v3 and leverages the advantages of a robust blockchain framework, users will enjoy the transparency and non-custodial benefits that define DeFi. Assets remain in users’ control, and all transactions are recorded on a public ledger for full auditability. With these features, TONSWAP simultaneously provides the security and trustworthiness that characterize DeFi, while also delivering a user experience that feels as accessible as a conventional mobile application. Once they try TONSWAP, no experience will compare.

Global Reach and Inclusive Finance

Integrating a DEX directly into a globally available messaging platform like Telegram has far-reaching implications. Regions with limited access to traditional banking or capital markets can now tap into global liquidity and financial products through their smartphones. Micro-entrepreneurs, freelancers, and everyday users can participate in digital asset markets, access cross-border payments, and potentially hedge against local economic uncertainties — all via an interface they already know and trust.

This aligns with the mission of many decentralized ecosystems: to foster an open, inclusive financial environment that isn’t constrained by geography or gatekeepers. By reducing friction at every step — from discovery and onboarding to actual trading — TONSWAP could catalyze a new wave of DeFi participants who might otherwise never consider decentralized trading.

The Road Ahead: Expanding Opportunities

As the DeFi landscape matures, the ability to blend cutting-edge technology with user-centric innovation will distinguish leaders from the rest. TONSWAP’s decision to merge the convenience and familiarity of Telegram with the security and efficiency of the SORA v3 network is a strategic move aimed at unlocking DeFi’s full potential.

Looking forward, TONSWAP’s model can inspire further convergence of messaging platforms, social networks, and DeFi protocols. The result could be a richer financial metaverse embedded in our everyday digital communications — one that empowers individuals and communities rather than distant intermediaries.

LFG

TONSWAP represents a paradigm shift in how decentralized trading can be presented to the wider public. By operating as a Telegram-native DEX built on Hyperledger Iroha v2-powered SORA v3 infrastructure, it transcends the technical complexity and steep onboarding curves that have long hindered DeFi’s global uptake. Through seamless integration, user-friendly design, and robust blockchain foundations, TONSWAP points the way toward a future where decentralized finance is not just for early adopters, but a readily accessible resource for everyone. So don’t just sit there. Join the TONSWAP Telegram Chat and LFG!

https://tonswap.org

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