📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
In Toncoin (TON) The End of an Era: Important Feature is Being Removed!
The Open Network (TON) announced that the Toncoin Bridge will be officially decommissioned on May 10, 2025.
This decision marks the end of an era for the early infrastructure that once played a critical role in Toncoin's cross-chain accessibility.
According to a statement from the Toncoin developers, the shutdown means that users will no longer be able to bridge Toncoin to Ethereum or BNB Smart Chain after the specified date. However, assets that have previously been bridged to these networks will continue to be claimable. More importantly, bridging to TON will remain available for now, and a timeline for the end will be announced in the future.
The Toncoin Bridge was initially launched to provide users with a way to trade Toncoin before the token was listed on centralized exchanges (CEXs) or had its own decentralized finance (DeFi) infrastructure. Users would bridge their assets with Ethereum or BNB Smart Chain to access DEX platforms like Uniswap and PancakeSwap.
The recent developments such as local USDT support on TON and integration with cross-chain solutions like LayerZero, StarGate.io, Symbiosis, and Rhino.fi have made bridges less necessary. TON developers stated that with the growing DeFi environment and local trading options in the network, there is no longer an urgent need for users to exit the ecosystem for financial activities.