Written by: TechFlow TechFlow
After several bull and bear cycles, the TON ecosystem has finally ushered in its own spring in this bull market.
In September 2023, Telegram officially announced that it would integrate the TON network and "restore harmony" with TON. The 900 million monthly active users of Telegram have opened the door to Web3, which also brings huge opportunities to the TON ecosystem, transforming TON from a "giant and unpopular public chain" to a hot and popular one.
The crypto market is obviously aware of the huge waves that the TON ecosystem will set off in the future: the TON ecosystem TVL exceeds 740 million US dollars, an increase of 32 times in more than 5 months, and applications in various sectors of the ecosystem are dancing one after another. The breakout of the Telegram-based TON Gamefi project Notcoin ($NOT) and the viral Memecoin Black and White Dogs ($Dogs) has also brought great heat to the Telegram×TON ecosystem, and the entire market has focused on it.
The Telegram×TON ecology seems to be getting closer and closer to the beautiful vision of Mass Adoption, but the popularity from Meme is obviously not enough to support the long-term value of TON, and more applications are needed to join the hot land of TON. It’s just that the uniqueness of TON’s technical architecture makes it relatively difficult to develop the TON ecosystem to a certain extent. At the same time, the lack of ecological infrastructure also makes developers lack development tools when building the TON ecosystem. This undoubtedly creates problems for projects that want to join the TON ecosystem. Pour a basin of cold water on it.
If a worker wants to do his job well, he must first sharpen his tools. For the rapidly growing TON ecosystem, excellent infrastructure facilities are an indispensable part of development. LayerPixel, a Layer 1.5 solution built on TON for Telegram, fills this gap and aims to provide developers of Telegram Mini App with one-stop DeFi services and help more excellent applications overcome the "difficult to build" technical threshold of the TON ecosystem.
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Recently, LayerPixel reached an important milestone. The project announced the completion of a US$2 million seed round of financing led by Kenetic Capital. Participating institutions include Waterdrip Capital, Foresight Venture, VentureSouq, Web3 Port, Microcosm Research and TMM Club and dozens of well-known investors. investors. This round of financing not only proves the market’s confidence in LayerPixel, but also provides strong support for its ambitious plans.
At the same time, the Game of Dawn event recently launched by LayerPixel is an attempt to seamlessly introduce Web2 users into the Web3 world, bringing new vitality and possibilities to the TON ecosystem. It not only demonstrates the potential of the TON ecosystem to external users, but also provides new ideas for solving the problems of user acquisition and value creation.
What makes LayerPixel achieve such remarkable achievements in both financing and innovation? From technological innovation to user strategies to ecological construction, what are the unique features of LayerPixel? Let’s dive into this project that is changing the TON ecological landscape.
There are countless projects that provide DeFi solutions. What is so special about LayerPixel?
After carefully understanding the context of the LayerPixel team's exploration of the TON ecosystem, I realized that the reason behind the birth of LayerPixel was that the team had been exposed to rain during the development process on the TON chain, so it wanted to hold an umbrella for others.
In the process of exploring the TON ecosystem, the team gradually discovered that for projects that want to enter the TON ecosystem, relying solely on external financial support may not be the best solution. The real test lies in the technological development of the TON ecosystem.
During the early stages of construction, the team realized that the development of the TON ecosystem was quite challenging:
Heterogeneous asynchronous sharding increases development difficulty
Different from Ethereum's synchronous transaction execution, TON's heterogeneous asynchronous sharding feature makes transaction execution on TON not synchronous. In asynchronous transaction execution, a single transaction may succeed or fail independently. This complex mechanism between uncertainty and sharding greatly increases the construction difficulty and cost for DeFi, which requires fast and certain transaction confirmation.
Lack of token approval mechanism
The centralized ledger used by Ethereum is like Alipay, and users can easily interact with funds through transfers within the system. In contrast, TON uses a decentralized ledger and cannot transfer assets on behalf of users. Developers need to design more complex contract logic to manage user token transfers and authorizations, which increases the complexity and development costs of smart contracts, while also increasing the risk of potential loopholes and errors in the code.
Facing the native development issues on the TON chain, the team realized that an excellent and ecologically adaptable infrastructure and development tools are crucial to the current TON ecosystem.
The team decided to change their identity from "pathfinder" to "foundation builder" and personally build DeFi infrastructure suitable for the TON ecosystem.
Then LayerPixel appeared, preparing to meet a series of development challenges in the TON ecosystem.
As an all-in-one DeFi solution, LayerPixel’s unique layered architecture, built-in wallet, and integration with PixelSwap enable the development team to easily build TON-based DeFi projects. It is like opening a “golden finger” in the game, and the development process has changed from a difficult one. Be relaxed and happy.
LayerPixel designs a unique layered architecture, consisting of multiple layers, each layer has its own unique functions and effects.
Funding Layer
The virtual asset storage layer implements the token approval function. Funding Layer supports the built-in abstract wallet PixelWallet and the external account wallet EOA Wallet. It provides basic fund management functions and also supports smart contracts and automation functions.
Settlement Layer
The Settlement Layer is similar to a bank vault, storing all funds and relying on the LayerPixel Settlement Engine to process the core engine of transaction settlement to ensure the accurate execution and recording of each transaction.
Execution Layer
Execution Layer serves as a transaction matching engine, including AMM Engine, Weighted pool Engine and LBP Engine.
The three engines complement each other and provide high-quality solutions for DeFi liquidity.
Extension Layer
The extension layer built by third parties allows developers to add custom functions and modules to enhance the flexibility and scalability of the system.
For example, developers can insert the anti-money laundering (AML) module into the Extension Layer to implement functions such as asset freezing.
Through this multi-level architectural design, LayerPixel provides a flexible, efficient and scalable DeFi solution to meet the needs of different users and developers.
The account abstract wallet PixelWallet designed by LayerPixel for DeFi also provides developers and users with a fairly complete functional module, allowing users to access and manage virtual assets by authorizing smart contracts in the LayerPixel system:
As the core transaction layer of LayerPixel, PixelSwap plays a crucial role.
PixelSwap is the first modular and upgradable decentralized exchange on TON, bringing innovative trading mechanisms to the ecosystem while also injecting new vitality into the entire ecosystem.
On a technical level, PixelSwap’s unique weighted pool exchange protocol design significantly improves liquidity efficiency and trading flexibility. By supporting TON/Jetton and Jetton/Jetton Pool, the range of trading pairs is greatly expanded, providing users with more choices. It is worth mentioning that PixelSwap uses a singleton contract similar to Uniswap V4 to manage all trading pairs, effectively improving the platform's operating efficiency and gas optimization.
Another great feature of PixelSwap is its diverse trading algorithm support. In addition to conventional trading pools, the platform also supports weighted pools and LBP (Liquidity Bootstrapping Pool) pools, providing users with more liquidity management options and making fund utilization more flexible and efficient. At the same time, support for advanced order types and multi-hop/multi-path routing further optimizes the efficiency and accuracy of transaction execution.
PixelSwap is not inferior in its support for DeFi. The platform supports atomic swaps and flash loans, which greatly enhances the functionality of the platform and opens up more financial ways for users. PixelSwap's proprietary math library and smart contracts implement a unique weighted pool function, allowing users to contribute assets with different weights, increasing transaction depth while also improving spread performance.
PixelSwap’s scalability and customizability is another highlight. The platform supports adjusting the exchange curve and gas fee. This flexibility allows PixelSwap to continuously optimize and adapt to market changes and user needs. In addition, the configurable fee collector contract increases the operational flexibility of the platform and provides more possibilities for future development.
The modular design makes the entire system highly scalable and easy to customize. The asset authorization mechanism allows ensuring transaction reliability. Gasless transactions reduce user costs. The atomic swap function ensures transaction integrity and avoids the risk of default. Multiple login methods support make user access more convenient and secure. Through the magical Lego of basic parts, LayerPixel built a flexible and efficient TON DeFi solution for Telegram’s program.
Exchange points for coins, Game of Dawn helps you dig up LayerPixels
With the rapid development of the TON ecosystem, a large number of homogeneous applications, especially TapTap games, continue to emerge. However, these projects often face two main problems: first, the tokens lack practical use, and second, although there are a large number of users, many are fake users who enter for the purpose of making money.
The recently launched event Game of Dawn by LayerPixel aims to change this situation.
Game of Dawn hopes to attract and reward real gamers through innovative models, while establishing a solid value foundation for the LayerPixel token $PIX. This event cleverly introduces real high-quality users of Web2 into the world of Web3, injecting new vitality into the TON ecosystem.
Game of Dawn uses a paid participation mechanism to ensure that it attracts high-quality real player users who are truly capable of paying. By participating in games on the Game of Dawn platform, users can obtain activity points, which will eventually be converted into LayerPixel tokens $PIX At the same time, Game of Dawn has set up a stepped chip distribution structure to allocate the weight of points based on the time users participate in the event. Early participants will receive more chips.
In the future, the number of games on the platform will continue to increase, providing users with more participation options and opportunities to earn points.
Through Game of Dawn, LayerPixel not only demonstrated its innovative capabilities in user acquisition and community building, but also set a new benchmark for the TON ecosystem, skillfully balancing user participation, token value and ecological development, and laying the foundation for LayerPixel’s long-term A solid foundation for success.
To learn more about Game of Dawn, please visit the official article: Introduction to Game of Dawn
In the future, LayerPixel will gradually unlock more functions and interfaces to integrate Telegram more deeply, and will introduce cross-chain bridges to improve users' liquidity experience. In addition, PixelWallet's functionality will also be enhanced, including support for key login and the introduction of social recovery.
By 2026, LayerPixel plans to open all functions to third parties to further expand its ecosystem. Developers can use LayerPixel's technology to build various decentralized applications and enrich the application scenarios of the TON ecosystem.
LayerPixel will also deploy and support multiple chains, making it a multi-chain supported platform. Further improve the flexibility and compatibility of LayerPixel so that it can adapt to the needs of different blockchains.
From exploration to foundation building, LayerPixel has delivered its own answers to the TON ecosystem step by step.
As the market gradually discovers value and the ecological landscape continues to improve, the TON ecosystem's demand for infrastructure will surely grow in the future. The timely emergence of LayerPixel provides strong support for the Telegram×TON ecosystem, which is still in its growth stage.
From the All in One DeFi basic software LayerPixel, to the all-inclusive TonUP Launchpad for asset issuance, to PixelSwap to solve asset liquidity. As a pioneer in TON ecological construction, the team provides a complete set of infrastructure facilities for TON ecological applications and explores more possibilities for the TON ecosystem.
Perhaps the real Mass Adoption is getting closer to us.
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