A popular cryptocurrency exchange Binance announced this Friday the launch of a new global campaign with Tonstakers, the leading liquid staking protocol on TON (The Open Network).
According to the statement, this joint initiative aims to encourage user participation in staking the cryptocurrency "Toncoin" (TON) through the "Simple Yield" product of "Binance Wallet", offering a total of $300,000 in rewards.
It is important to note that the promotion will take place from July 31 to August 29, 2025, and will allow users who hold at least 10 TON and deposit them in the Tonstakers pool through the Binance Wallet to participate in the daily distribution of rewards.
Additionally, this campaign aims to reward participants and encourage the use of liquid staking, an alternative that allows participants to maintain liquidity while generating returns.
It is worth noting that staking will be conducted using "tsTON", the token that represents staking on the Tonstakers network. Users who hold this asset for at least one hour and meet the established criteria will be eligible to receive rewards.
The statement also noted that the Binance Wallet will automatically update the annual percentage rate (APR) based on the total value locked (TVL). This allows profits to dynamically adjust to the performance of the cryptocurrency market and the participation of investors.
So far, Tonstakers has established itself as one of the most robust protocols in the TON ecosystem, reaching a TVL of over $170 million and allowing millions of users to access staking in a simple, secure, and intermediaries-free manner.
Binance drives the expansion of the TON network
On the other hand, the campaign also represents an opportunity to continue expanding the adoption of "The Open Network" (TON), the blockchain originally developed by Telegram and focused on high-speed and low-cost transactions.
Additionally, participating in this initiative not only offers financial benefits but also allows users to engage more actively with the TON ecosystem. Thanks to the interoperability of tsTON, participants will be able to use this asset on various compatible DeFi platforms, such as STON.fi, EVAA, Affluent, and Curve.
It is important to note that the TON Foundation declared, since 2024, that it intends to empower more than 500 million users by 2028.
Toncoin (TON) is currently trading at $3.57, accumulating weekly gains of 13.6%. Source: CoinMarketCap.
In terms of operation, the campaign stipulates that only users who have updated their Binance app, have a compatible Binance Wallet, completed the KYC process, and maintained at least 10 TON during the promotional period will be eligible to receive rewards.
Excluding or disabling your wallet during the process will automatically invalidate your right to receive payments. Rewards will be distributed on the TON network up to six weeks after the campaign ends and will be calculated based on each user's participation in the pool.
This initiative reaffirms the commitment of the cryptocurrency exchange Binance to innovation and decentralization, facilitating simple and secure access to blockchain-based financial products.
With this campaign, the Binance Wallet positions itself as a strategic tool for those seeking to maximize their performance within the TON ecosystem and other blockchains while promoting financial education and the responsible use of emerging technologies.
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