TonWhales

Telegram users can now earn rewards from staking TON

Now, Telegram users can earn rewards from staking $TON , the cryptocurrency of The Open Network. This new service, a collaboration between P2P.org and Ton Whales, promises "institutional-grade" security, ease of use, and requires a minimum stake of only 10 TON (less than 30 USD) with an APY of 4.7%.

Integration with Telegram and growth potential

This new service will automatically distribute the staked funds across the TON network validators. The exclusive integration of TON into applications #Telegram allows access to billions of global users who can earn TON through games and applications. Currently, the TON network has over 156 million active wallets with over 2 billion USD staked. P2P.org and #TonWhales are also developing tools that allow investors to stake locked tokens earlier and a bank card linked to staking TON so users can accumulate cryptocurrency as rewards when shopping. Telegram's acceptance of TON has significantly expanded the user base for cryptocurrency applications, although there are still challenges in maintaining interest as financial incentives wane.