Restaking enables free money & airdrops on top of just holding your token,
But what should you be careful about ?
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$TON is a 10 top token and starting to have restaking
in this thread ๐งต๐
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๐2 ways to make money from restaking
๐Things you need to look at when you are investing into restaking protocols
๐2 ways to make money from restaking
๐น Farm restaking protocol's governance token from early bootstrapping incentives
๐น Earn from TON / restake TON LP
If you are holding @ton_blockchain anyways, why not farm it?
๐Things you need to watch out at when you are investing into restaking protocols
๐น TVL commitments,
( Money talks, this is the trust from whales after DD )
๐น Venture backing
๐น Is your staked TON redeemable. If it's a one way stake when is it redeemable
( u dont want to lose out of slippage )
๐น Potential points to token ratio & valuation of project
๐One of the first TON restaking i found with 100m TVL commit
@UTONIC_uTON
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They are back by @tonstakecom @infrstone @satlayer @Stake_Stone @izumi_Finance
๐One of the first TON restaking i found with 100m TVL commit
@UTONIC_uTON
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They are back by @tonstakecom @infrstone @satlayer @Stake_Stone @izumi_Finance
It works similar to ETH restaking protocol
users stake their TON to UTONIC and it can delegate to operators to secure AVS.
Users will be able to to earn
> Yield from AVS
> Points & Airdrop from UTONIC
> Ppoints and airdrops from TON DeFi/L2/Dapps
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Exposure to
> Slashing from AVS fail mis behave ( NOT LIVE YET )
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The thing is most restaking doesnt have slashing enable yet, including eigenlayer or babylon,
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so as a staker you are not exposure to slashing risk, the down side is typically only when you want to exit before unstaking is enabled and suffer from slippage & fees from swap.
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UTONIC is currently only in their early stage without the staking/ farm enable yet, but its good to keep it on your radar as I think TON will continue be a key asset this circle and it can be a potential beta fo TON or just a good farm as a TON holder
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News Link
cointelegraph.com/news/ton-res...โฆ
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That's a wrap!
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