🇦🇪 Toncoin partners with UAE to offer 10-year golden visa to $TON stakers.

Toncoin has indeed partnered with the United Arab Emirates (UAE) to offer a 10-year Golden Visa to $TON stakers. Here's a breakdown of the program:

Eligibility: Applicants must stake $100,000 worth of TON tokens for 3 years and pay a one-time processing fee of $35,000.

Benefits:

10-year residency: Successful applicants will receive a 10-year UAE Golden Visa, allowing them to live, work, and invest in the region.

Family coverage: The visa extends to spouses, children, and parents at no additional cost, except for standard government fees.

Annual returns: Stakers can earn an estimated 3-4% annual percentage yield (APY) on their staked TON tokens during the 3-year lock-in period.

Program features:

Decentralized smart contract: The staking mechanism is implemented via a decentralized smart contract, ensuring transparency and security.

Fast processing: The visa application process is expected to take approximately 7 weeks, significantly faster than traditional visa paths.

Lower capital requirement: This program offers a lower capital requirement compared to traditional UAE Golden Visa options, which often require a minimum investment of $540,000 in real estate or fixed deposits.

This partnership reflects the UAE's growing interest in crypto and its efforts to establish itself as a global hub for digital assets. The program's success may pave the way for similar initiatives, bridging the gap between digital assets and real-world utility.#HODLTradingStrategy $TON