1H
1.29%$0.2699
24H
0.43%$0.0907
7D
-7.98%$1.84
30D
-28.8%$8.59
Telegram’s TON network is a PoS-based system with a new “Byzantine Proof” staking algorithm. It was developed by Nikolai and Pavel Durov, the brothers behind Telegram and (formerly) VK.com.
Despite being criticized for not being fully decentralized, Compound has offered several advantages for users in the crypto and DeFi space. Therefore, it is often referred to as a “crypto-economic miracle”.