TONNECT 2024 is a major event for the TON ecosystem, offering new staking opportunities and boosting DeFi growth on the TON blockchain. Hosted by Bitget Wallet, it will showcase innovative projects and developments within the TON community.
TONNECT 2024 is an online event designed to support and promote the TON ecosystem. It features a dedicated prize pool of $1 million in interaction rewards for users exploring TON and Telegram ecosystem projects1. This event marks a significant milestone in the efforts to co-build ecosystems in the DeFi landscape.
What is Staking?
Staking involves locking up $TON tokens in the network to support various operations, including transaction validation and network security. Validators are responsible for these tasks. These are selected based on the amount of $TON they have staked. Staking TON is a fundamental mechanism for securing the network and participating in its governance.
Stakers often have the right to participate in governance decisions. This includes voting on protocol upgrades, parameter changes, and other important network decisions. The decentralized governance model ensures that the network evolves in a way that reflects the interests of its community.
Tonnect 2024: Popular Stakings on TON Ecosystem
Ton Whales: Ton Whales Staking revolutionizes the TON staking experience by offering a decentralized, secure, and user-friendly platform. With significant community engagement and robust security measures, Whales Staking is the ideal choice for maximizing TON staking rewards. Ton Whales uses a smart contract ensuring the secure use of coins solely for validation, Ton Whales offers a transparent and profitable staking experience.
Hipo: Hipo provides an easy-to-use platform for both beginners and experts. This makes staking simple and hassle-free. Security is a top priority, with strong measures to protect assets and ensure safe staking. Hipo also connects smoothly with various DeFi apps within the TON ecosystem, giving more ways to use hTON tokens and boosting staking experience. Plus, Hipo has a lively community of users and developers who are always working to improve the platform and expand its features.
Bemo: Bemo’s staked TON (stTON) is a special token from Bemo, a leading platform for liquid staking on the TON blockchain. It represents staked TON but keeps it liquid, so users can still use it in decentralized finance (DeFi) apps while earning staking rewards. With stTON, users have the flexibility to take advantage of various DeFi opportunities and make the most of investments. This means users can easily earn rewards from staking while also participating in other DeFi activities, giving more ways to grow assets.
Tonstakers: Tonstakers makes staking easy and accessible with just a 1 TON minimum, removing the usual high entry barriers. Users don’t need to understand blockchain tech or run own nodes; can stake easily using the Tonstakers app, Tonkeeper wallet, or a Telegram bot. Flagship FYI also simplifies investing in various crypto portfolios directly on Telegram. With tsTON tokens, users can earn extra yields by participating in DeFi protocols. Tonstakers ensures strong security with open-source smart contracts, a CertiK audit, and a bug bounty program, keeping assets safe and under control.
Staking makes Proof-of-Stake (PoS) networks more secure. It is like putting money in a bank for investors to earn regular interest. Users also get a chance to participate in important decisions about the network by staking, like voting on upgrades and changes.
TONNECT 2024 is a celebration of innovation and community in the TON ecosystem. Users should join Tonnect 2024 event to help shape the future of DeFi on the TON blockchain, earn rewards, and contribute to a more secure and decentralized network. Don’t miss this exciting opportunity to be part of the TONNECT 2024 journey!
Also Read:- Tonnect 2024 Awards: Vote Now for Your Favorite Social Projects!