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Tonstakers

About

Tonstakers is a liquid staking protocol on The Open Network (TON) that enables TON holders to stake their tokens while maintaining liquidity. Users deposit TON to receive tsTON, a liquid staking token that represents staked assets and accumulates rewards, allowing participation in TON blockchain validation through asset pooling. The protocol integrates with TON DeFi ecosystems, enabling additional yield opportunities through various financial primitives.

Where Does Yield Come From?

Tonstakers earns yield from TON blockchain validation rewards. Here is how it works:

Users pool their TON tokens together, and the protocol lends those pooled funds to validators (the computers that secure the network). Validators pay interest on the borrowed funds. In return, users receive tsTON tokens — these are like a receipt that grows in value over time compared to TON, as rewards pile up.

Rewards are distributed roughly every 18 hours (each validation cycle) and compound automatically — meaning your rewards earn rewards too, about 487 times per year. The main source of yield is the native staking rewards of the TON network, which depend on factors like block rewards, transaction volume, how many validators are active, and how much TON is staked overall.

Tonstakers does not charge service fees. The only costs are the regular TON transaction fees you pay when staking or unstaking. The protocol temporarily holds back 1 TON to cover transaction costs, and refunds it after the operation is done.

Beyond basic staking, tsTON holders can earn extra yield by using Tonstakers with other TON DeFi tools:

  • Leveraged staking — use tsTON as collateral to borrow more TON and stake it
  • Collateral staking — unlock liquidity in other assets while still earning staking rewards
  • DEX liquidity pools — provide tsTON to a decentralized exchange to earn trading fees and farming incentives

The protocol keeps yield generation separate from its own fees — it takes no percentage cut from user rewards.

Audits

Audit / DateFindingsVerdict
CertiK23-11-2023
  • Critical0
  • High1
  • Medium4
  • Low7
  • Info6
The audit shows a well-remediated codebase with no critical issues, one mitigated centralization risk, and multiple medium/minor issues all resolved, indicating thorough security review prior to launch.

Legal

Status and notes

Terms of Service and Privacy Policy available on website. Terms governed by laws of England and Wales. Contact: [email protected]. No disclosed entity name or legal structure in official documents.