TON Liquid staking ๐Ÿ’Ž

TON Liquid staking ๐Ÿ’Ž

The first liquid staking protocol from bemo has been launched on the TON blockchain. Now Toncoin holders can not only earn rewards, but also maintain control over their coins.

How does it work?

Validation occurs in cycles of 36 hours. When Toncoin is deposited through bemo, the protocol transfers them to the network validators for staking and, in return, transfers stTON tokens to the wallet.

In the first version of the protocol, users can exchange stTON for Toncoin only at the end of the validation round and before the start of new elections.

It is expected that in the second version of the protocol, the user will be able to request the withdrawal of Toncoin and receive them at any time after the full validation cycle.

The exchange of stTON for Toncoin is available on the DEX.

We remind that in the Everscale network liquid staking was launched in the fall of 2022.

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