Chorus One Unveils TON Pool: A Scalable Staking Solution for Toncoin
The TON blockchain, with its fast transaction speeds and growing ecosystem of decentralized applications (dApps), is attracting significant interest. However, existing Toncoin staking mechanisms have limitations that hinder participation from institutional investors. Enter TON Pool, a groundbreaking solution by Chorus One, designed to simplify and optimize Toncoin staking for institutions and large-scale investors.
Breaking Down Barriers to Toncoin Staking
Current staking options on TON, such as the Nominator Pool and Single Nominator contracts, present challenges for institutions:
- High Minimum Stake: The Single Nominator contract requires a minimum of 300,000 TON, a significant investment barrier for many institutions.
- Limited Delegation Capacity: Traditional models restrict the number of investors who can participate in a single staking pool.
- Operational Complexity: Managing multiple staking pools can be labor-intensive and lead to higher transaction fees.
Read more:Toncoin’s Resurgence Due To The Rise of 77% Medium-Term Holders!
Chorus One’s TON Pool addresses these concerns by offering a more accessible and efficient staking solution:
Key Benefits of TON Pool for Institutions:
- Optimized Yields: By consolidating stakes and minimizing transaction fees, TON Pool maximizes potential returns for institutions and their clients.
- Unlimited Delegation: Unlike traditional models, TON Pool allows institutions to stake on behalf of an unlimited number of clients, facilitating wider participation.
- Low Minimum Stake: With a minimum stake of just 10 TON (compared to 300,000 TON elsewhere), TON Pool opens doors for a broader range of institutional investors.
- Seamless Integration: TON Pool simplifies integration with existing institutional platforms, streamlining staking management and user experience.
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A Streamlined Staking Process
TON Pool eliminates the complexities associated with traditional staking models. Instead of managing multiple pools, institutions can consolidate all staking activities into a single address. Users delegate once, pay a single transaction fee, and TON Pool handles the rest, distributing rewards and ensuring efficient stake management.
Driving Growth in the TON Ecosystem
“TON Pool is a response to the challenges institutions face when staking on TON,” says Brian Fabian Crain, CEO of Chorus One. “This solution removes unnecessary steps, lowers costs, and offers scalability for institutions seeking flexibility. By making staking more accessible, TON Pool contributes to the growth of the TON ecosystem.”
Ready to Stake with TON Pool?
For more details and exclusive discounted commission rates, institutions can reach out to Chorus One at [email address removed]. Sign up now to experience the ease and scalability of TON Pool and unlock the full potential of Toncoin staking.
Read more:Toncoin (TON) Rebounds: A Bullish Outlook Amidst Market Volatility!
About Chorus One
Chorus One is a leading provider of staking infrastructure for institutions, supporting over 60 networks including Ethereum, Cosmos, Solana, Avalanche, and Near. Since 2018, Chorus One has been a pioneer in the Proof-of-Stake (PoS) industry, delivering user-friendly, enterprise-grade staking solutions, conducting groundbreaking research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001-certified provider, Chorus One provides additional security through slashing and double-signing insurance for its institutional clients. Learn more at chorus.one or follow them on X (formerly Twitter) and LinkedIn.
