Staking in Tonkeeper
What is staking?
Staking presents an opportunity for cryptocurrency holders to generate passive income through the delegation of their assets to validators responsible for upholding the integrity of the network.
Why is staking necessary?
The TON blockchain uses the Proof of Stake (PoS) algorithm, which means the network’s security and stability are supported by validators. In PoS, validators are selected based on the amount of cryptocurrency they are willing to stake as collateral. The larger a validator's stake, the higher the rewards they receive for confirming transactions on the blockchain.
To enable this, staking pools are in place, where validators collect and lock users' deposits on a dedicated server. Participation in staking allows users to contribute to the functionality of the blockchain and receive rewards.
Which staking pools are available in Tonkeeper?
Tonkeeper offers 3 staking pools:
How to stake TON?
Open the Tonkeeper app, tap 'Stake' on the wallet's main screen, and choose the staking pool that best suits your preferences. On the pool's page, tap 'Deposit,' enter the amount, and confirm the transaction.
Please note that for successful staking, you need to keep at least 1.1 TON in your wallet to cover the network fee (the full amount won't be deducted).
How to unstake TON?
To withdraw TON from staking, tap the 'Staked Coins' tab on the wallet's main screen and select 'Withdraw.' To unstake, you need at least 0.4 TON (or 1.1 TON if you use Tonstakers) to cover the network fee. Most of the fee will be refunded to you. Please note that your withdrawal request will be processed after the validation cycle, which takes 27 hours for Tonstakers and 36 hours for TON Whales.
Staking is based on smart contracts by third perties. Tonkeeper is not responsible for staking expirience.