DuckChain priceDUCKCHAIN

DuckChain is the first TON Layer 2 that connects TON with Ethereum and Bitcoin’s ecosystems. The project aims to bring billions of Telegram users from off-chain to on-chain and encourage mass adoption.

By leveraging the Ethereum Virtual Machine (EVM) ecosystem to connect TON to Ethereum, DuckChain can access a large pool of resources, established DeFi protocols, and a wide variety of decentralized applications (dApps). As a result, TON can integrate with proven technologies and attract developers who are well versed with the EVM environment.

On top of that, integrating TON with the Bitcoin ecosystem provides a way for DuckChain to reach one of the largest markets in the crypto space. This integration will include the BTC mainnet, BTC Layer 2 solutions, and even the Babylon ecosystem to broaden the reach into significant liquidity and user bases.

DuckChain has designed its infrastructure to provide a unified gas experience for users less familiar with cryptocurrencies through Telegram star payment. For years, businesses have been selling products on Telegram via bots and mini apps with users paying through conventional methods such as credit cards. On June 6, 2024, Telegram introduced Stars, a method to pay for digital goods and services via in-app purchases.

In order to lower user barriers, DuckChain is tokenizing Telegram Stars and introducing account abstraction to allow users to convert Stars into on-chain tokens to pay for gas and transaction fees. This simplified process helps to remove complex cross-chain operations. Meanwhile, users more familiar with cryptocurrencies can pay for gas fees using multiple tokens including TON.

In anticipation of DuckChain’s official launch, the project is now running the DuckChain Star Season Testnet event to onboard users into the DuckChain ecosystem. Users can experience the network and get a better understanding of DuckChain without the need for cryptocurrencies or wallets.

Instead, users will need to deposit Telegram Stars to participate in activities such as minting NFTs. The Stars deposited during the testnet will be stored and synchronized on the mainnet in the future. Additionally, any Stars spent in the testnet phase will not affect the user’s balance. DuckChain will be giving away 12 million Stars to testnet participants in an airdrop and has stated that deposited Stars are crucial for future airdrop eligibility.

The DuckChain team has announced that the DuckChain Airdrop Snapshot will be taken on November 18, 2024.