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TON DeFi • DEX Foundation TON DeFi • DEX Foundation @tgrfoundation · 13.6K subscribers
Post #49 1.86K
What is $stakeTON and what does liquid staking have to do with it?

⚡ To understand how staking works, let’s look at the work of $stakeTON, which the user receives when staking TON.

$stakeTON displays the staker's position in the platform pool. DEX transfers the received tokens to validators, who participate in validation rounds, ensure the operation of the TON blockchain and receive rewards for this.

💰 $stakeTON is a token that accumulates income from staking in its value, which means its price will constantly increase relative to the TON price. The cost of stakeTON/TON is determined by the smart contract after each round of validation.

The final price is affected by the total number of TON placed, staking rewards and platform commission.

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