Chorus One Launches TON Pool: The Groundbreaking Institutional Solution for Scalable TON Staking

Thursday, 31 October 2024, 18:10

TON Pool is Chorus One's innovative solution for scalable TON staking, effectively addressing the major limitations in current staking models. This institutional offering allows for increased flexibility and lower barriers to entry for institutional investors. With optimized yields and a simplified staking process, Chorus One aims to drive the TON ecosystem forward.
Finbold
Chorus One Launches TON Pool: The Groundbreaking Institutional Solution for Scalable TON Staking

Chorus One Launches TON Pool

Chorus One, a major provider of staking infrastructure, has introduced TON Pool, the first institutional solution for scalable TON staking. This innovative platform is designed to simplify and optimize the staking process for institutions focusing on Toncoin.

Addressing Toncoin Staking Limitations

The TON blockchain has emerged as a significant player in decentralized applications, but its existing staking methods, such as the Nominator Pool, hinder institutional investors. Chorus One's TON Pool addresses the high minimum staking requirements and operational complexities that limit large-scale participation.

  • High minimum requirements: The previous model requires 300,000 TON, creating accessibility barriers.
  • Limited delegator capacity: Traditional models restrict the number of clients institutions can accommodate.
  • High transaction fees: Increased costs are incurred from managing numerous pools.

Benefits of TON Pool

TON Pool provides substantial advantages for institutional investors:

  1. Optimized potential yields: By consolidating investments and reducing fees.
  2. Unlimited delegators: Institutions can stake on behalf of an unlimited number of clients.
  3. Low minimum stake: Accessible starting at just 10 TON, contrasting the previous 300,000 TON.
  4. Effortless integration: Simplifying the integration process into existing platforms.

Simplified Staking with TON Pool

Compared to traditional models, TON Pool streamlines the staking flow. Operators only manage one address, thus consolidating all activities and lowering costs effectively.

“TON Pool mitigates the challenges faced by institutions staking on TON,” said Brian Fabian Crain, CEO of Chorus One. The solution enhances accessibility, driving the evolution of the TON ecosystem.

Contact and Further Information

For more details or to gain exclusive commission rates on the TON Pool, contact Chorus One via staking@chorus.one. Join now to optimize your Toncoin staking.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe