UTONIC Protocol Premieres the First Restaking Token uTON for TON Blockchain
UTONIC Protocol, the first Restaking protocol exclusively built for The Open Network and TON tokens, announces the launch of a pre-staking event for its Restaking program uTON on Oct 21, 2024.
Backed by top-tier innovators of the restaking segment and The Open Network’s ecosystem, UTONIC enables TON restakers to earn triple yield (staking yield, restaking yield, and farming yield) and encourages innovation in the ecosystem by enhancing network security, ultimately benefiting projects such as cross-chain bridges, oracle networks, and sidechains.
UTONIC’s initiative aims to decentralize the way TON’s blockchain operates, fostering shared security and a more robust ecosystem for The Open Network. Being the first restaking protocol for TON, UTONIC aims to extend The Open Network’s securi...