TechFlow news, Bybit announced that its Web3 wallet has integrated Tonstakers, the leading liquid staking protocol on the TON blockchain, launching the first TON staking product to deliver a seamless DeFi experience for users. Through this integration, users can now easily stake Toncoin ($TON) and receive the liquid staking token $tsTON. The value of $tsTON increases relative to $TON every 26 hours, offering users an annualized yield of 3%-5% with rewards automatically compounded.
As Bybit's first TON staking partner, Tonstakers has accumulated over $260 million in total value locked (TVL), providing users with an efficient and convenient staking experience while unlocking liquidity opportunities across DeFi applications.
Bybit Web3 Wallet is committed to simplifying DeFi adoption by delivering intuitive and trustworthy solutions to users worldwide. This integration not only brings more opportunities to the 130 million users within the TON ecosystem but also advances the broader adoption and development of Web3 and DeFi.
