Originally published on: November 13, 2024
Storm Trade’s lead developer and co-founder, Denis Vasin, revealed crucial insights during an exciting AMA session with Cointelegraph. In the discussion, Vasin emphasized the importance of user-friendly applications to attract newcomers to the world of decentralized finance (DeFi).
If you missed out on the live AMA session with @storm_trade_ton, don’t worry – we’ve got you covered! Learn about DeFi essentials on TON, emerging trends in SocialFi, platform updates, the launch of the STORM token, and Storm Academy. Tune in for exciting revelations!
Storm Trade is setting new standards in DeFi with its innovative approach. Vasin highlighted how the platform simplifies the trading experience for users of all levels, stating, “We offer a user interface that allows anyone with a crypto wallet to start trading seamlessly on our platform. This simplicity is what sets us apart.”
The platform’s support for popular tokens like Toncoin (TON) and Notcoin (NOT) has propelled its growth, with total value locked (TVL) skyrocketing. Vasin attributed this success to the platform’s strong community engagement and the diverse opportunities it offers traders and liquidity providers.
Recent upgrades, such as the sequencer for ultra-fast order execution and guaranteed pricing, further enhance the trading experience on Storm Trade. Moreover, the launch of the STORM token signals a new chapter for the platform, ushering in exciting opportunities for early adopters.
The token’s unique model includes a buy-back and distribute mechanism, adding value for token holders. Additionally, reduced trading fees and a focus on utility differentiate STORM from traditional governance tokens in the market.
Storm Trade’s commitment to inclusivity is evident through its socially-driven reward system. By integrating social tasks and an educational platform, Storm Academy, the platform aims to make DeFi more accessible and engaging for all users.
Storm Academy’s interactive approach to education breaks the mold, offering a blend of entertainment and learning tailored for the Web3 generation. With a diverse curriculum and reward incentives, Storm Academy paves the way for sustained growth in the DeFi space.
Looking ahead, Vasin remains optimistic about DeFi’s future on the TON blockchain. As the platform evolves with new features like margin trading and a social trading layer, Storm Trade is poised to become the go-to destination for decentralized trading intelligence.
As you explore the world of DeFi, remember to conduct your research before making any investment decisions. Stay informed and stay ahead with Storm Trade’s innovative solutions.
