[PRESS RELEASE – Road Town, British Virgin Islands, December 2nd, 2025]

The STON.fi DAO, an innovative swap dApp and core DeFi protocol on The Open Network (TON), has officially launched as the inaugural fully-operational decentralized autonomous organization within the TON ecosystem. This advancement empowers users with direct governance over the protocol’s evolution.

By staking STON tokens, users gain a vote in decision-making processes, enabling over 5.6 million users to propose, discuss, and vote on new developments. STON not only serves as a governance token but also as a utility token for the protocol. When users stake their STON, they earn ARKENSTON, a token that signifies voting rights. The more STON tokens are staked and the longer they are committed, the greater the weight of the user’s vote, ensuring that influential decisions come from those dedicated to the project’s sustained success.

This marks a significant stride towards complete decentralization, illustrating how the TON DeFi landscape can progress in a responsible and transparent manner.

“For us, decentralization isn’t a slogan — it’s the point,” said Slavik Baranov, the CEO of STON.fi Dev. “From the very beginning, STON.fi was created to support the entire TON ecosystem — to be the infrastructure on which everyone can depend. The DAO makes that collaboration tangible. Now, those who utilize the protocol daily can direct its future. Prior to the launch, the community was invited to test the DAO for four weeks — the feedback was overwhelmingly positive. More than 115 proposals were submitted, ranging from minor user experience adjustments to broader visionary ideas. It demonstrated that the community is prepared — and our technology is ready too.”

STON.fi has established itself as the leading DeFi protocol in the TON ecosystem, managing over 29.8 million transactions across 5.6 million wallets, with total swap volumes exceeding $6.6 billion — encapsulating the majority of DeFi activity in TON. Being the first protocol in this ecosystem to launch a complete DAO, STON.fi aims to set elevated expectations for decentralized governance. With liquidity frameworks already built through Omniston and the swapping infrastructure via the STON.fi dApp, the DAO is now set to introduce the governance model that allows the community to influence future developments — transitioning decentralization from a concept into a functional model where liquidity providers, developers, and users share both ownership and accountability.

For further details regarding STON.fi’s DAO, users can visit this link.

About STON.fi

STON.fi is recognized as the premier swap dApp and a comprehensive suite of protocols facilitating swaps within The Open Network (TON) ecosystem, known for its extensive liquidity, broad token access, and leading position in total value locked (TVL) and trading volume. Since its inception, STON.fi has achieved over $6.6 billion in total trading volume and more than 29.8 million operations, forming the backbone of DeFi on TON. Supported by investors like CoinFund, Ribbit Capital, Delphi Ventures, Karatage, The Open Platform, and TON Ventures, STON.fi is dedicated to fostering decentralized finance by promoting open development, community governance, and innovations such as Omniston, a decentralized liquidity aggregation protocol.