Jul 19
The Best Staking Possibilities on TON Blockchain
This article reviews six leading TON staking platforms: Tonstakers, Bemo, Hipo Finance, JVault, XBANKING, and TonStake. Each platform offers unique features and benefits, making it essential to understand their distinctions.
According to a recent Bloomberg report, assets locked on the TON blockchain have seen a 1,400% increase in the past year, with its TVL briefly topping $1 billion. No one who has been following the news in the past few months would be surprised. TON blockchain and its exciting projects have hogged the headlines since the year began.
Meanwhile, as the TON blockchain continues to grow, staking opportunities are becoming increasingly attractive for investors seeking to earn passive income. This article reviews six leading TON staking platforms: Tonstakers, Bemo, Hipo Finance, JVault, XBANKING, and TonStake. Each platform offers unique features and benefits, making it essential to understand their distinctions.
Tonstakers
Tonstakers stands out as a liquid staking platform built in alliance with TON Core Developers, which lends it significant credibility within the TON ecosystem. Besides, it has forged partnerships with industry leaders like Tonkeeper, TOP Labs, and OKX.
This recalls how crypto investment platform, Flagship FYI solidifies its position in the market by providing users with expert-curated crypto portfolios directly on Telegram. All these solidify Tonstakers’ position in the market.
In terms of features, Tonstakers is a non-custodial staking solution, which ensures that users retain full control of their assets throughout the staking process. And with security as a priority, Tonstakers employs open-source code and it is audited by the leading blockchain security firm, Certik.
The liquid staking token of Tonstakers is tsTON and with a minimum stake requirement of just 1 TON, Tonstakers makes staking accessible to a wide range of users.
Bemo
Bemo positions itself as the first liquid staking application on TON. It is also a non-custodial staking platform that allows users to stake anything starting from 1 TON.
Its liquid staking token, stTON appreciates in comparison to TON as staking rewards accrue. This provides users with a tangible representation of their growing stake. Besides simple staking, though, Bemo also offers additional yield opportunities through various DeFi integrations.
Bemo also introduces stXP tokens, a novel concept that will eventually convert to $BMO governance tokens, soon to be launched. The combination of accessibility, yield optimization, and governance potential makes Bemo a very attractive option for users.
Hipo Finance
Hipo’s innovative approach to liquid staking on the TON blockchain includes a permissionless validation process that enhances the network’s decentralization and allows for a more diverse set of validators.
More so, Hipo’s focus on optimizing APY is achieved through a combination of low fees and a competitive validator selection mechanism. With its auction-like scenario, the goal is for users to receive the best possible returns on their staked TON.
Besides hTON, Hipo’s liquid staking token, Hipo is also unique in its NFT rewards program, which makes the staking experience more engaging and beneficial for the most active community participants.
JVault
JVault goes beyond staking; it is a comprehensive ecosystem offering a full suite of DeFi services, including staking, fundraising, decentralized governance, and more. More so, there is more to do when it comes to staking with JVault. Users and projects can create their own staking pools, stake various jettons, and earn passive income.
JVault's launchpad feature provides a platform for new token sales, supporting the growth of the TON ecosystem. The platform also offers token-locking services, enhancing security and trust for new projects. Looking ahead, JVault plans to introduce DAO creation tools, further expanding its offerings.
In addition, JVault’s smart contracts are independently audited and open-sourced, ensuring transparency and security.
XBANKING
While not exclusive to TON, XBANKING brings institutional-grade staking services to the TON blockchain alongside support for over 140 other cryptocurrencies. It has secured partnerships with major players in the crypto space, including Bybit and TON Ventures, lending it significant credibility. It also works with leading blockchain infrastructure providers like Google Cloud and Coinbase.
One novel concept introduced by XBANKING is that of ‘restaking’, by which users can earn an additional yield on their staked assets when they re-staked their liquid staked tokens. XBANKING's offerings are particularly tailored to meet the needs of institutional clients, providing robust solutions for large-scale staking operations.
However, its comprehensive approach to staking and liquidity pooling will still meet the needs of individual users.
TonStake
TonStake offers a straightforward staking experience with several notable features that align closely with TON's native staking mechanics. Like other liquid staking platforms, it maintains a low minimum stake of 1 TON. it also operates on a 36-hour staking schedule, perfectly synchronized with TON's Proof-of-Stake cycle, ensuring efficient participation in the network's consensus mechanism.
A key feature of TonStake is its automatic reward compounding, which reinvests earnings to maximize long-term returns without requiring user intervention. In addition, using TonStake comes with a 10% service fee, and the platform features an automated unstaking and withdrawal process that streamlines the exit process for users.
In all, each of these TON staking platforms offers unique features and benefits tailored to different user needs. Tonstakers and Bemo provide robust security and liquidity options, while Hipo Finance and JVault emphasize optimized rewards and comprehensive ecosystems. XBANKING offers extensive staking options and restaking opportunities, and TonStake focuses on simplicity and accessibility.
The Best Investment Opportunities | Flagship
Flagship FYI remains one of the best investment opportunities on the TON blockchain. It democratizes access to reliable and safe crypto investments by getting experts to do the job of portfolio-building while allowing individual investors the freedom to build their own portfolios from any chain. By joining the Flagship community, users get to meet other crypto investors and expand their knowledge on how to increase their earnings.
Disclaimer: Nothing on this site should be construed as a financial investment recommendation. It’s important to understand that investing is a high-risk activity. Investments expose money to potential loss.