The Open League returns with its highly anticipated seventh season, taking the competition to new heights by putting the spotlight on DeFi, with over 20 promising teams participating.
The new season looks set to revolutionize the TON ecosystem by fostering innovation, increasing user engagement, and offering unparalleled rewards.
Since its beta launch in March 2024, The Open League has propelled TON’s ecosystem to new heights, with 83 projects attracting nearly 4 million on-chain users in its previous season.
Building on that momentum, Season 7 sets its sights firmly on DeFi, pausing the App and NFT Leagues to fully focus on the decentralized finance landscape.
The Open League Season 7 Highlights
Highlights for Season 7 of The Open League include:
- $1.5 Million Airdrop: TON users can earn a share of the New Year airdrop by providing liquidity and trading, across over 20 DeFi protocols.
- DeFi League Spotlight: A platform for early-stage DeFi projects to compete and drive growth in Total Value Locked (TVL) and trading volume on the TON blockchain. Both new and returning teams will vie for $100,000 in Adsgram credits and audit sponsorships for top performers.
- Timeline: The action kicks off today, November 27, 2024, and runs through until the competition’s close on December 17, 2024.
$1.5M New Year Airdrop for TON Users
This season, users can maximize rewards by actively engaging with TON’s vibrant DeFi ecosystem. By completing targeted actions such as providing liquidity or trading through participating protocols, users will build their DeFi Scores. Rewards will be based on these scores, with the eligibility threshold announced at the season’s conclusion.
Participants can track their scores via a real-time leaderboard and explore a catalog of eligible DeFi protocols on the TON Society website. To participate, users need to:
- Obtain your DeFi badge
- Engage with the catalog of eligible DeFi protocols by providing liquidity or trading.
At the end of Season 7, eligible wallets will receive rewards based on their DeFi score, showcasing their contributions to the TON DeFi ecosystem.
The DeFi League: Battle of the Innovators
Designed to nurture early-stage TON DeFi protocols, the DeFi League splits competitors into two distinct categories:
- TVL Squad: Ranking teams by total value locked (TVL).
- Volume Squad: Highlighting trading volume contributors.
In addition to the $100,000 Adsgram credit pool, top-performing teams will have their audit costs covered, a significant step to ensuring project’s security and reliability ahead of broader adoption.
Dive into TON DeFi
Whether you’re a TON user eager to farm rewards or a project vying for the top spot, The Open League Season 7 offers something for everyone. Start interacting with TON DeFi protocols today to claim your share of the $1.5M airdrop and make your mark in the most dynamic DeFi competition yet.
For more information about The Open League Season 7, how to participate, and event details, users can visit the airdrop page here, and the project leaderboard here.
About TON Society
The Open Network Society (TON Society) is a grassroots movement supporting the TON Blockchain community with opportunities to connect, contribute, and tell their on-chain stories. Currently active in nine global event hubs around Asia and Europe, over 50 global and local TON channels, and the host of TON’s largest community events including TON Gateway and Hackers League. TON Society members can build an on-chain reputation by participating in events or completing activities, the more involved users get the more on-chain badges they’ll collect.
To learn more about TON Society, please visit society.ton.org or follow their X account.
The post The Open League Season 7: $1.5M Airdrop, New Challenges, and Full DeFi Focus appeared first on BeInCrypto.
All credit goes to the original author and article which can be read here:
https://beincrypto.com/the-open-league-season-7/
