The Good Tech Companies - KTON Targets $6.12 Billion Liquid Staking Opportunity On TON, Tapping Telegram’s 950 Million Users
Episode Date: January 24, 2025This story was originally published on HackerNoon at: https://hackernoon.com/kton-targets-$612-billion-liquid-staking-opportunity-on-ton-tapping-telegrams-950-million-users. ... KTON, Launching February 2025, Poised to Unleash 18X Growth in TON's Liquid Staking Market Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #kton, #btcwire, #press-release, #kton-announcement, #blockchain-development, #ton-blockchain, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. KTON is an institutional-grade liquid staking protocol. KTON allows users to stake TON while receiving $KTON, unlocking liquidity without sacrificing staking rewards. Users can start staking with as little as 1 TON, and there is no lock-up period. Kton is set to enter the United States and global markets, bringing its enterprise-gradeLiquid Staking solution to institutional and retail users.
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KTON targets $6.12 billion liquid staking opportunity on Ton,
tapping Telegram's 950 million users, by BTC Wire.
New York, United States 9 a.m., January 24, 2025, KTON, an institutional-grade liquid
staking protocol incubated by Tonks, the leading
ton-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing
up for its V1 launch in February 2025.
Tonks, which recently unveiled a $5 million accelerator program to foster innovation within
the ton and telegram ecosystem, is behind Tonks API, the leading developer
platform trusted by Bloom, Catazin, Google Cloud, and over 20 leading projects. Tonks is also the
force behind Tonki, a multisig solution managing $400 million in assets and adopted by the TUN
Foundation. KTON is set to enter the United States and global markets, bringing its enterprise-grade
liquid staking solution to institutional and retail users. Telegram recently announced it
will exclusively support the open network, TON, for its blockchain ecosystem. KTON is uniquely
positioned to capitalize on this growth as it is being built specifically for TON users.
Building on TONX's success in the API and security space, KTON is positioned to capture the
$6.12 billion ton liquid staking market opportunity. KTON allows users to stake ton while receiving
dollar KTON, unlocking liquidity without sacrificing staking rewards. Unlike existing
solutions that often concentrate risk or lack robust standardization, KTON provides institutional-grade security tailored for family offices, trusts, and exchanges.
Users can start staking with as little as one ton, and there is no lock-up period.
Unlocking tons $6.12b Liquid staking market
Potential liquid staking has transformed blockchain ecosystems with Lido
finance-dominating Ethereum's LST market at
$30 billion TVL. KTON aims to capture similar potential in TON's nascent LST market,
currently valued at $377 million. Greater than, our research reveals TON's LST ratio matches
Solana at 10% of staked tokens, greater than yet TON's total staking rate is merely 13.7%
versus Solana's 69%, indicating a greater than 5x growth potential. Furthermore, if TON's LST
ratio reaches Ethereum's 36%, greater than the market could surge 18x, unlocking an additional
$6.12b in value, said Dr. Awesome Doge, founder of Tonks and KTON.
Greater than, KTON aims to bridge this gap by providing the infrastructure needed to unlock
greater than this liquidity and drive Ton's DeFi expansion. KTON's staking service will unlock
liquidity, enabling seamless integration with leading Ton native DEXs and protocols,
and more DeFi giants which are
entering TON like Athena and Curve Finance. This offers TUN users flexible and stable
yield strategies through various DeFi opportunities while maintaining staking rewards.
Greater than, TUNX's triumph is a powerful testament to why KTON has solidified its
place greater than as a trusted pillar in the ecosystem, said Howard Pung of Ton Ventures. TONXKTON sets new standards for ton liquid staking. INFRASTRUCTUREKTON is addressing
the critical challenges of existing liquid staking solutions, such as concentration risks and lack of
standardization, by introducing a centralized protocol with institutional-grade security. To further enhance accessibility, KTON is launching a Telegram mini-app designed for
the platform's 950M users in a move to bridge DeFi adoption and mainstream accessibility.
By integrating liquid staking directly within Telegram, KTON simplifies the process,
ensuring that anyone can participate with ease. This innovative approach positions KTON
to drive the widespread adoption of TUN blockchain technology, expanding its reach in the US market
and globally. The platform's roadmap goes beyond staking rewards. Following the launch of KTONv1,
the planned upgrade will introduce a dual token model featuring $KTON and a new governance token. This system allows
$KTON holders to earn rewards while actively participating in KTON DAO governance.
Unlock your yield with KTON. Launching February 2025 KTON is poised to seize the $6.12 billion
market potential in tons liquids taking ecosystem with its enterprise-grade staking services. Launching this February, KTON provides the most secure and user-friendly
solutions for both retail and institutional clients, enabling them to unlock liquidity,
maximize staking rewards, and confidently participate in TUN's thriving DeFi ecosystem.
KTON's commitment to security, combined with a decentralized governance structure,
makes Kton a trusted choice for staking at scale. For partnerships and customized solutions,
contact, contact at Kton. I O A B O U T K T O N K T O N is a next-generation liquid staking
protocol built for the TUN ecosystem, designed to unlock liquidity for both retail and institutional users.
Through its liquid staking token $KTON, users can participate in TON's growing DeFi ecosystem
while earning staking rewards. Adoption combining institutional-grade security with decentralized
governance and seamless Telegram integration, KTON aims to drive Ton's ecosystem growth and mass adoption.
X. Telegram About Tonks Founded in 2021, Tonks is a super app platform layer driving the new Web3 economy. As a cornerstone of the Ton ecosystem, it delivers powerful tools like Tonks
API, a trusted RPC solution integrated with over 20 leading projects, and Tonki, a secure multi-signature wallet managing over $400 million in assets. Tonks, ex-Telegram, blog, docs, Tonks API,
Tonki, tip This story was distributed as a release by BTC Wire under HackerNoon's
business blogging program. Learn more about the program here.
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