Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities

Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY.

Cryptocurrency exchange Bybit has announced the integration of Tonstakers, a liquid staking protocol on the TON blockchain, into its Web3 Wallet.

This marks the first of Bybit Web3's TON staking offerings, expanding its decentralized finance (DeFi) offerings.

With the integration, Bybit Web3 Wallet users can now stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return.

The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem.

The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet.

Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences.

This partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit's role as a leader in DeFi accessibility.

Tonstakers is the first partner in Bybit Web3's TON staking initiative, setting a new standard for staking services.

With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits:

* Effortless Staking: Bybit Web3 users can seamlessly join TON staking pools with just a few simple clicks, without the technical complexities or minimum staking requirements.

* Optimal Rewards: Tonstakers boasts one of the highest average percentage yields (APYs) in the TON liquid staking sector, ensuring maximum returns for Bybit Web3 users.

* Real-Time Rewards: Staking rewards are automatically compounded and credited to users' balances every 26 hours, providing a continuous stream of earnings.

* Efficient Unstaking: Users can easily unstake their TON at any time without waiting periods or penalties, ensuring maximum flexibility in managing their crypto assets.

* Broad Accessibility: The integration enables 130 million TON ecosystem users to directly access TON staking pools via the Bybit Web3 Wallet, expanding the reach and accessibility of DeFi opportunities.

* Bybit Web3 is deeply committed to expanding its Web3 offerings and琬s合作伙伴关系s are a key part of that strategy.

* As we continue to grow our Web3 ecosystem, we are excited to offer our users even more ways to earn, trade, and use their crypto assets."

Emily Bao, Head of Bybit Web3

“Bybit Web3, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3.

* This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities.

* As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience.

* We believe this integration will significantly contribute to the growth and success of the TON ecosystem.”

Starting Staking Today

To begin staking $TON and earning with $tsTON, users can visit https://www.bybit.com/en/web3/staking and discover the power of Bybit Web3 Wallet’s integration with Tonstakers.

Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more.

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