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BNB What Is Ton?
TON (The Open Network) is a scalable and user-friendly blockchain platform designed to facilitate mass adoption. Using a unique combination of Proof of Stake (PoS) consensus mechanism and multi-blockchain architecture, TON delivers high performance, security, and efficiency for various decentralized applications and services.
Is Ton Staking Safe?
For the average user, staking TON tokens is as safe as simply storing them in your wallet. All transactions, whether in a wallet or staked, are processed by smart contracts and the blockchain without human intervention. Therefore, staking offers the same level of reliability and security as keeping tokens in a wallet.
Why You Need to Stake Ton?
Staking is an integral part of blockchains operating on the PoS protocol. Let’s explore the main reasons users stake TON:
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Supporting the Ton Blockchain: For the stable and secure operation of the Ton blockchain, transaction validation is required, which is only possible with a large and decentralized volume of staked TON tokens. This is why many users participate in staking their favorite blockchain’s tokens.
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Investments: Users who invest in tokens for the long term choose staking as an additional income multiplier and protection against inflation. Staking is as reliable and safe as storing tokens in an address while providing good returns.
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Exploring New Features: Many users limit themselves to simple token transfers. However, some want to explore all the blockchain’s possibilities, thus experimenting with swaps and staking.
Storing and Staking TON
You can store TON tokens and stake them simultaneously. For example, allocate some tokens for long-term investment and stake them, while keeping a small portion for operational purposes, such as paying transaction fees for TON tokens or NFTs. You decide how many TON tokens to stake and can also withdraw tokens from staking.
I Want to Learn More About Staking TON
We have prepared a special tutorial to help you understand TON staking - Learn more about staking TON
