TON reducing network fees

criptandv
3 min readApr 24, 2024

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TL;DR: TON network fees have been reduced by 2.5x across the board in response to Toncoin’s recent growth.

We are excited to announce a series of updates aimed at reducing network fees, enhancing the scalability and accessibility of TON Blockchain. These updates are a testament to TON’s continuous efforts to innovate, encourage greater activity within the TON Ecosystem, and put crypto to every pocket.

Key updates:

USDt Jetton discount

Starting April 16th, there is a special discount for Jetton-with-governance transactions like USDt. Fees were reduced to 0.02 TON from 0.032 TON for the first transaction, and subsequent transactions are now only 0.0145 TON.

Global fee reduction

Validators have approved the TON Core Dev team’s proposal for a further 2.5x reduction in transaction fees. The cost for the first Jetton-with-governance transaction is now ∼$0.06, with subsequent transactions at ∼$0.04, assuming 1 Toncoin = $7. Please note that these costs will fluctuate with Toncoin’s value.

Introduction of precompiled smart contracts

In the next node update, the TON Core Dev team will introduce the ability for smart contracts to be precompiled. This means that the most popular smart contracts, written in C++, will be embedded directly in the node, bypassing the need for TVM execution. This adjustment reduces resource consumption and, consequently, the fees associated with these contracts.

These updates are aimed at making TON, the world’s most scalable blockchain, stand out as the most affordable option for projects seeking mass adoption.

Stay tuned for more important updates to come!

Other free mining projects on Telegram:

📱 Hamster Kombat is a new project in which you can become the head of the largest crypto exchange and influence your income yourself. And also get involved quite a bit in internal processes. Review of the project — link

📱Notcoin is the fastest growing Telegram game where you get Notcoin for clicking on a coin

📱 TapSwap is a clicker game on the Solana blockchain, the main task of which is to farm $TAPS coins, similar to Notcoin

📱NEAR Wallet — Hot is a mini-application in Telegram for storing NEAR, USDT and mining HOT tokens

📱Meme Fi is a new tapal in Telegram, an analogue of Notcoin, they promise a separate drop.

📱 Timecoin is a mini-application in Telegram for token mining, similar to HOT

📱 PocketFi is the ideal solution for seamless cross-chain token transfers with mining functionality. Mining is similar to NEAR Wallet — Hot and Timecoin

📱 HarvestMoon is a new decentralized web3 application built on the “NEAR” network inside Telegram.

📱 Catizen is a Play to Airdrop project combining Metaverse, Game Fi and Ai. We pump up cats, collect coins. The game was launched by a Chinese team that boosted the FISH token to 45 x!

📱 MOMO AI is a telegram bot game for participating in the airdrop from MetaOasis (social gaming platform on web3, raised $3M in investments). At the moment, this is the top 4 application on Solana in terms of users and turnover.

📱Hello Pixel is a mini-application in Telegram for storing SGB tokens, exUSDT mining PXLs tokens

📱 Vertus is a web3 application built on the TON blockchain, accessible directly through Telegram with the ability to mine its own Vert tokens.

Bonus when registering on a crypto exchange using the Bybit link up to $30,000

Airdrops:

🚀 Airdrop Addex is a public distribution of the Addex coin as part of an advertising campaign, you receive Addex coins as the first users

🚀 Soloma is a game in which every choice has its own price and leads to irreversible consequences, not just another slipper. For each friend 500 coins.

🚀 Airdrop TAPE COIN — $500 TAPE — for one referred friend

🚀 Aitdrop BOME TON- 500 $BOME — for one referred friend

🚀 Airdrop $TIGERis the main resource in an exciting game where you will mine crypto, become a real token expert and learn a lot of useful things about the TON ecosystem. $100 TIGER for registration

🚀 Notcoin Inu ($NOTINU) — distributes his meme tokens in the Ton network for simple actions.

Open League draw of $125 million in TON coins for community members

Storm Trade — Decentralized Perpetual Futures Trading Platform Designed for the TON Community, Detailed Review

Our channel in Telegram: Mainim in Telegram

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