After experiencing several bull and bear cycles, the TON ecosystem, which has gone through many ups and downs, is finally迎来属于自己的春天 in this bull run.
In September 2023, Telegram officially announced the integration of the TON network, "rebuilding good relations" with TON. The 900 million monthly active users of Telegram have opened the door to Web3, bringing tremendous opportunities to the TON ecosystem and transforming TON from a "neglected public chain by giants" into a hot commodity.
The crypto market is clearly aware of the enormous waves that the future of the TON ecosystem will bring: the TVL of the TON ecosystem has exceeded $740 million, increasing 32 times in over 5 months, with various applications within the ecosystem springing to life. The breakout of the TON Gamefi project Notcoin (
$NOT ) based on Telegram and the viral Memecoin Black and White Dog ($Dogs) has also brought significant attention to the Telegram×TON ecosystem, with the entire market focused on this.
How far is it to Mass Adoption?
The Telegram × TON ecosystem seems to be getting closer to the beautiful vision of Mass Adoption, but the heat from memes is clearly insufficient to support the long-term value of TON. There needs to be more diverse applications joining the fertile land of TON. However, the uniqueness of TON's technical architecture makes the development of the TON ecosystem relatively complex to some extent, and the lack of ecological infrastructure also leaves developers with insufficient development tools when building the TON ecosystem, which undoubtedly pours cold water on projects that want to join the TON ecosystem.
A worker must sharpen his tools if he wants to do his work well. For the rapidly growing TON ecosystem, excellent infrastructure is an essential part of development. The Layer 1.5 solution LayerPixel, built on TON for Telegram, fills this gap and aims to provide one-stop DeFi services for developers of Telegram Mini Apps, helping more outstanding applications overcome the technical barriers of "difficult construction" in the TON ecosystem.
Recently, LayerPixel has reached an important milestone, announcing the completion of a $2 million seed round financing led by Kenetic Capital, with participation from Waterdrip Capital, Foresight Venture, VentureSouq, Web3 Port, Microcosm Research, TMM Club, and dozens of well-known investors. This round of financing not only demonstrates the market's confidence in LayerPixel but also provides strong support for its ambitious plans.
At the same time, LayerPixel's recently launched Game of Dawn event is an attempt to seamlessly bring Web2 users into the Web3 world, injecting new vitality and possibilities into the TON ecosystem. While showcasing the potential of the TON ecosystem to external users, it also provides new ideas for solving the challenges of user acquisition and value creation.
What has allowed LayerPixel to achieve such remarkable success in both financing and innovation? From technological innovation to user strategies, and ecological construction, what are the unique aspects of LayerPixel? Let's delve into this project that is changing the TON ecological landscape.
From "Pathfinder" to "Builder", the brand rebranding of LayerPixel
There are countless projects providing DeFi solutions, but what makes LayerPixel stand out?
After carefully understanding the context of the LayerPixel team's exploration of the TON ecosystem, I realized that the birth of LayerPixel was due to the team's own experiences in the rain during the development process on the TON chain, so they wanted to hold up an umbrella for others.
Facing technical challenges in development
During the exploration of the TON ecosystem, the team gradually realized that for projects wanting to enter the TON ecosystem, merely relying on external funding may not be the best solution. The real test lies in the technical development of the TON ecosystem.
During the early stages of development, the team realized that building an ecosystem on TON is quite challenging:
Heterogeneous asynchronous sharding increases development difficulty.
Unlike the synchronized transaction execution of Ethereum, the heterogeneous asynchronous sharding feature of TON allows for transaction execution on TON to be asynchronous. In asynchronous transaction execution, a single transaction may succeed or fail independently. This uncertainty, along with the complex mechanisms between shards, greatly increases the difficulty and cost of building for DeFi, which has very high requirements for fast and certain transaction confirmations.
Lack of token approval mechanism
The centralized ledger used by Ethereum is like Alipay, where users can easily transfer funds through the system. In contrast, TON uses a decentralized ledger, which cannot represent the transfer of assets for users. Developers need to design more complex contract logic to manage users' token transfers and authorizations, increasing the complexity and development costs of smart contracts, while also increasing the potential risks of vulnerabilities and errors in the code.
Determined to build our own DeFi infrastructure.
In the face of native development issues on the TON chain, the team realized that an excellent and ecosystem-adaptable infrastructure and development tools are crucial for the current TON ecosystem.
The team has decided to change their identity from "Pathfinder" to "Builder", and personally construct a DeFi infrastructure suitable for the TON ecosystem.
Then LayerPixel made its debut, ready to meet a series of development challenges in the TON ecosystem.
LayerPixel, the "Golden Finger" developed on the TON chain
As an all-in-one DeFi solution, LayerPixel's unique layered architecture, along with the integration of the built-in wallet and PixelSwap, allows development teams to easily build DeFi projects based on TON, just like activating a "cheat code" in a game, transforming the development process from being arduous to being easy and enjoyable.
Layered architecture, the magical LEGO of LayerPixel
LayerPixel features a uniquely designed layered architecture composed of multiple levels, each with its own distinct functions and purposes.
Funding Layer
The virtual asset storage layer implements the token approval function. The Funding Layer supports the built-in abstract wallet PixelWallet and the externally owned account wallet EOA Wallet, providing basic fund management functions while also supporting smart contracts and automation features.
Settlement Layer
The Settlement Layer is similar to a bank vault, storing all funds and relying on the LayerPixel Settlement Engine, the core engine for processing transaction settlements, to ensure the accurate execution and recording of each transaction.
Execution Layer
The Execution Layer, as a trading matching engine, includes AMM Engine, Weighted pool Engine, and LBP Engine.
The three engines complement each other to provide high-quality solutions for DeFi liquidity.
Extension Layer
An extension layer built by third parties that allows developers to add custom features and modules, enhancing the system's flexibility and scalability.
For example, developers can insert anti-money laundering (AML) modules into the Extension Layer to implement functions such as asset freezing.
Through this multi-layered architectural design, LayerPixel offers a flexible, efficient, and scalable DeFi solution that meets the needs of different users and developers.
PixelWallet, the magical tool for asset management.
LayerPixel's account abstraction wallet PixelWallet, designed for DeFi, also provides developers and users with a comprehensive set of functional modules, allowing users to access and manage virtual assets by authorizing smart contracts within the LayerPixel system:
Support gasless transactions, third-party protocols can cover all transaction gas fees.
Supports atomic swaps, allowing multiple transactions to be completed in a single operation, avoiding partial transaction failures or data inconsistency issues caused by asynchronous communication.
The plan supports multiple login methods, including signature methods such as passkey and Metamask.
Allow application developers to configure different types of user wallets, simplifying user thresholds, and also supports users to interact directly with TON Wallet and other components of LayerPixel, enhancing user experience and operational convenience.
PixelSwap, a multidimensional trading engine in the TON ecosystem
As the core trading layer of LayerPixel, PixelSwap's role is crucial.
PixelSwap is the first modular and upgradable decentralized exchange on TON, bringing innovative trading mechanisms to the ecosystem while injecting new vitality into the entire ecosystem.
在技术层面,PixelSwap 独特的加权池交换协议设计显�提高了流动性效率和交易灵活性。 通过支持 TON/Jetton 和 Jetton/Jetton Pool,大大extended 交易对的范围,为用户提供更多选择。 值得一提的是,PixelSwap 采用了类似Uniswap V4 的 singleton contract 来管理所有交易对,有效提升平台的运行效率和 gas 优化。
Another major feature of PixelSwap is its support for a variety of trading algorithms. In addition to conventional trading pools, the platform also supports weighted pools and Liquidity Bootstrapping Pools (LBP), providing users with more liquidity management options, making capital utilization more flexible and efficient. At the same time, the support for advanced order types and multi-hop/multi-path routing further optimizes the efficiency and accuracy of trade execution.
In supporting DeFi, PixelSwap is no less impressive. The platform supports atomic swaps and flash loans, greatly enhancing its functionality and opening up more financial play options for users. PixelSwap's proprietary mathematical library and smart contracts implement a unique weighted pool feature, allowing users to contribute assets with different weights, increasing trading depth while also improving spread performance.
The scalability and customizability of PixelSwap is another major highlight. The platform supports adjustments to the swap curve and gas fee, and 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, providing more possibilities for future development.
Modular design allows the entire system to be highly scalable and easily customizable. The asset authorization mechanism ensures transaction reliability. Gasless transactions reduce user costs. Atomic swap functionality ensures transaction integrity and avoids default risks. Multiple login methods support make user access more convenient and secure. With the magic Lego of the underlying components, LayerPixel has built a flexible and efficient TON DeFi solution for Telegram's programs.
Participate in the future of LayerPixel
Points exchange for currency, Game of Dawn helps you mine LayerPixel.
With the rapid development of the TON ecosystem, a large number of homogeneous applications, especially mini-games on TapTap, continue to emerge. However, these projects often face two main issues: first, the tokens lack practical use, and second, although there are many users, many of them are fake users who have entered just to take advantage of the system.
LayerPixel's recently launched event Game of Dawn aims to change this situation.
Game of Dawn aims to attract and reward real gamers through innovative models, while establishing a solid value foundation for LayerPixel token $PIX. This initiative cleverly brings high-quality real users from Web2 into the Web3 world, injecting new vitality into the TON ecosystem.
Game of Dawn ensures the attraction of high-quality real players with genuine purchasing power through a paid participation mechanism. By participating in games on the Game of Dawn platform, users can earn activity points, which will ultimately be converted into a share of the distribution of LayerPixel tokens $PIX. At the same time, Game of Dawn has established a tiered chip distribution structure that allocates point weights based on the duration of user participation in activities, with early participants receiving more chips.
In the future, the number of games on the platform will continue to increase, providing users with more options to participate and opportunities to earn points.
Through Game of Dawn, LayerPixel not only demonstrates its innovative capabilities in user acquisition and community building but also sets a new benchmark for the TON ecosystem, skillfully balancing user participation, token value, and ecological development, laying a solid foundation for the long-term success of LayerPixel.
If you want to learn more about Game of Dawn, feel free to visit the official article: Introduction to Game of Dawn
In the future, LayerPixel will gradually unlock more features and interfaces for deeper integration with Telegram, and will introduce cross-chain bridges to enhance user liquidity experience. In addition, the functionality of PixelWallet will also be enhanced, including support for key login and the introduction of social recovery.
By 2026, LayerPixel plans to open all functionalities to third parties, further expanding its ecosystem. Developers can leverage LayerPixel's technology to build various decentralized applications, enriching the application scenarios of the TON ecosystem.
LayerPixel will also deploy and support multiple chains, making it a multi-chain supported platform. This further enhances LayerPixel's flexibility and compatibility, allowing it to adapt to the needs of different blockchains.
Summary
From exploration to foundation, LayerPixel is delivering its own answers for the TON ecosystem, one step at a time.
As the market gradually discovers value and the ecological landscape continues to improve, the demand for infrastructure in the TON ecosystem will inevitably increase. The timely emergence of LayerPixel provides strong support for the still-developing Telegram×TON ecosystem.
From the All in One DeFi infrastructure LayerPixel to the asset issuance package TonUP Launchpad, and then to the liquidity solution PixelSwap. As pioneers in the construction of the TON ecosystem, the team has provided a complete set of infrastructure facilities for TON ecosystem applications, exploring more possibilities for the TON ecosystem.
Perhaps true Mass Adoption is getting closer to us.