TON blockchain started as a way for the TON token to be sent between the users. And now they are expanding into web3 and the dApps and things are now getting better as well. This way the finance projects has been working around and building over. 

I started getting into the Telegram blockchain TON since this year’s launch of web3 apps and games. I noticed that slowly TON blockchain is getting it’s share of the web3 tech like DeFi apps, marketplace, p2p slowly within the app itself.

I found out Upton Finance when I was looking at the stablecoin yield. Noticed that upton finance is on the stablecoin yield of the TON blockchain.

And they are offering pretty reasonable APY too. Which is around 10% staking APY through CeDeFi.

Is it reliable? That is a big question. For example, telegram has the limits of the trust considering anyone can create token and also anyone can setup the DeFi marketplace and that would do for most of the part.

Upton is also teaming up with the games, so the game assets and the token would be staked through them along with the liquidity provider pairs that would be there for the management of the funds.

In short, Upton finance is new, so be cautious and based on the disposable funds you can choose to invest. Rest is your call! Crypto is risky as it is every step of the way.