TON Tonstakers tsTON Liquid Staking
| Yield ID | ton-ton-tston-staking |
|---|---|
| Network | The Open Network |
| Deposit Token | Toncoin (TON) |
| Reward Token | Tonstakers Staked TON (tsTON) |
| Warmup Period | N/A |
| Withdrawal Period | N/A |
| Minimum Requirement | 1 TON |
About
Our Tonstakers integration facilitates TON deposits into the Tonstakers protocol. It allows users to liquid stake TON to receive tsTON — Tonstakers' LST. Users start earning rewards immediately after they deposit and liquid stake their assets. The rewards are accumulated automatically and updated every 18 hours.
Pending Actions
None
Considerations
- Due to the nature of the TON blockchain, it is required to send an extra 1 TON for stake and 1.05 TON for unstake. The change from those extra funds (deducting the blockchain fee) will be returned to the user's wallet.
- For example: If a user wants to stake 2 TON, a message with 3 TON will be sent and that extra 1 TON is where fees for the transaction are deducted. When unstaking, the user needs to have 1.05 TON in their available balance.
- tsTON is a non-rebasing liquid staked token. Users do not need to claim rewards and their staked position, the amount of tsTON held, will not increase due to earned rewards. Instead, tsTON value automatically increases over time as the Tonstakers pool accumulates staking rewards. This increase in value can be seen in the conversion rate between tsTON and TON.
Updated about 1 month ago