AMA Recap: Tonstakers

Introducing Tonstakers, the leading TON liquid staking protocol aimed to revolutionize TON DeFi ecosystem.?

During the? AMA, Maxim Ratnikov , CMO of Tonstakers, shared how Tonstakers grew from a small community to the #1 DeFi protocol on the TON Blockchain (TON Foundation) by Total Value Locked (TVL). This rapid rise is attributed to their focus on security, user-centric features, and seamless integration across the #TON ecosystem, making Tonstakers a trusted leader in liquid staking.

We’re creating new products, participating in ecosystem events, and sharing our expertise with projects. Unity is strength! - Maxim Ratnikov, CMO of Tonstakers.?

What Makes Tonstakers Stand Out?

?? Safety First: Tonstakers prioritizes user safety with smart contracts audited by Certik, making it one of the most secure #DeFi projects. They've also launched a $250k bug bounty program and partnered with TON development teams for ongoing security improvements.

?? Maximum Benefits: Offering the highest Annual Percentage Yield APY for staking TON with auto-compounding, Tonstakers has no lock-up periods. Users can stake as little as 1 TON and withdraw instantly, a rare feature in liquid staking platforms.

?? Convenience: Seamless integration with popular wallets and platforms like Tonkeeper, TON Space, OKX , and KuCoin Exchange gives users easy access to Tonstakers' services.

?? Community: With 2.5 million members across all media channels, Tonstakers actively engages its community, refining its platform based on user feedback.

Innovative Features

• tsTON – Liquid Staking Token: Stake TON and receive tsTON, which represents your stake and accumulated rewards. tsTON can be used across various DeFi projects on the TON blockchain, allowing users to earn additional rewards while still receiving staking returns.
• Tonstakers Earn: This newly launched product lets users provide tsTON to DeFi pools, offering an APR of up to 41% with rewards replenished weekly until year-end. It’s a lucrative way for users to grow their investments.
• Token Staking: Expanding beyond Toncoin, Tonstakers Token enables the staking of other tokens on the TON blockchain without the risks of impermanent loss or liquidation. No token pairs are required, making staking simpler and safer.

Q&A Highlights

Q1: How does liquid staking differ from traditional staking? Liquid staking enables users to stake their TON and receive tsTON—a liquid token representing their staked assets. Unlike traditional staking, where staked tokens are locked and illiquid, tsTON can be used across TON blockchain in various DeFi projects, enabling users to maximize their rewards without locking up their funds.

Q2: Is there a lock-up period for staking TON? There is no lock-up period! Users can stake as little as 1 TON and withdraw it instantly, ensuring complete flexibility and accessibility.

Q3: What security measures do Tonstakers implement to protect user assets? Tonstakers employs rigorous security protocols, including comprehensive smart contract audits by CertiK , a substantial bug bounty program, and continuous collaboration with TONCore to meet the highest security standards. Also, the staking pool contract architecture protects users from slashing, the main staking-related risk.?

Q4: Are there plans to develop mobile applications or introduce additional token utilities? While there are no immediate plans for a separate mobile app, Tonstakers is focused on integrating its protocol into all wallet applications. Additionally, future developments include enhancing token utility and governance mechanisms to further empower the community.

Q5: How do Tonstakers ensure that users will receive rewards? Tonstakers ensures it through meticulous validator selection, regular performance monitoring, and a smart contract design that protects users from slashing. Unlike other platforms, validators cannot return less TON to the pool than they received, safeguarding user investments.

Looking Ahead: The Future of Tonstakers

Tonstakers is set to maintain its leadership in DeFi on TON with the introduction of innovative products and ecosystem expansion:

• Tonstakers Earn: Enables users to provide tsTON to DeFi pools, with $20M in rewards allocated by the TON Foundation.

• Token Staking: Simplifies staking other tokens on TON without risks of impermanent loss, offering high APR on passive holdings.
• Ecosystem Integration: Expanding partnerships with more wallets and DeFi platforms for greater accessibility.
• Community Growth: Focused on continually growing and engaging the community, using feedback to improve the platform.

?? Explore Tonstakers on Magic Store today and join the leading DeFi protocol on TON!

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