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Tonstakers Earn: How to Increase TON Staking Rewards

Dec 20
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1 min read
what is tonstakers earn

Key Takeaways

  • Tonstakers Earn boosts tsTON rewards by providing additional incentives through DeFi liquidity pools on STON.fi and DeDust.
  • 5 million TON in incentives will be distributed throughout 2024 to ensure a stable and high APY for tsTON holders.
  • Users can earn multiple rewards from staking, liquidity provision, and Tonstakers Earn incentives while maintaining exposure to their staked assets.

Tonstakers Earn enhances staking rewards by leveraging DeFi liquidity, offering users higher potential returns. However, DeFi strategies carry inherent risks—users should carefully assess their risk tolerance before participating.

Tonstakers is happy to announce the launch of Tonstakers Earn, a new product designed to maximize the yield of TON liquid staking. With support from TON Foundation, 5 million Toncoin incentives will be provided to tsTON liquidity pools on STON.fi and DeDust DeFi protocols, boosting rewards for TON DeFi participants.

What is Tonstakers Earn?

Tonstakers Earn is exclusive for tsTON token holders. tsTON is Tonstakers’ liquid staking token, which users receive after depositing TON to Tonstakers. It is like a receipt for staked Toncoin and inherits its value. In essence, it brings liquidity to staked and otherwise illiquid TON.

1.webp Tonstakers users and tsTON holders can put their tsTON into other TON DEX farming protocols to provide liquidity and earn additional incentives for doing so, while continuing to earn increased staking APY. With Tonstakers Earn, it is now much easier to engage in DeFi, enabling more users to increase their staking rewards.

2.webp With TON Foundation support, additional incentives worth of 5 million TON will be provided to tsTON liquidity pools till the end of 2024 minimum. Rewards will be replenished each week to maintain a stable reward rate.

How to Earn More with TON Staking?

First, you need to hold tsTON. You can either follow the how to stake TON guide, which is the preferable way of acquiring it, or get it on STON.fi or DeDust exchanges.

Next, go to Tonstakers Earn program page and follow the steps to earn additional rewards.

3.webp

You can also manually put your tsTON into tsTON/USDT boosted pools on STON.fi and DeDust, or place it in the tsTON pool on EVAA. Please note that Tonstakers Earn incentives will be replenished weekly to maintain a stable reward rate, which is close to 50% APR at the time of writing.

How to Claim Tonstakers Earn Rewards?

Tonstakers Earn rewards consist of three parts: staking, liquidity provision, and Tonstakers Earn.

  • TON staking rewards will be automatically accumulated into your tsTON. You’ll receive all earned TON through unstaking or selling tsTON.
  • Liquidity provision rewards will be automatically accumulated into your LP tokens, which you’ll receive after putting tsTON into a liquidity pool. You’ll be able to claim them after withdrawing liquidity.
  • Tonstakers Earn rewards will accumulate in the farm or LP pool depending on the DEX you’ve chosen to provide liquidity. These rewards may need to be claimed manually.

What’s Next for Tonstakers Earn?

Tonstakers Earn will have TON Foundation support through the rest of 2024, offering TON users maximum APY for staking TON. Tonstakers may add new DeFi protocols to the program.

Stake safe and earn more with TON staking!