tl;dr
Chorus One, a leading staking infrastructure provider, has launched TON Pool, a staking solution designed to simplify and optimize TONcoin staking for institutions and investors. TON Pool addresses the limitations of current staking models on the TON blockchain, offering flexible, cost-effective, an...
Chorus One, a leading staking infrastructure provider, has launched TON Pool, a staking solution designed to simplify and optimize TONcoin staking for institutions and investors. TON Pool addresses the limitations of current staking models on the TON blockchain, offering flexible, cost-effective, and scalable staking solutions for large-scale operations. The solution aims to maximize potential yields, allow unlimited delegators, and streamline the staking process. Chorus One is known for operating infrastructure for over 60 networks and is offering exclusive discounted commission rates for TON Pool.
With a focus on addressing the limitations of current staking models on the TON blockchain, TON Pool offers a flexible, cost-effective and scalable staking solution that meets the needs of custodians, exchanges, wallets and institutional investors. The TON blockchain is gaining traction as a powerful platform for DApps (decentralized applications), but existing Toncoin staking mechanisms – such as the Nominator Pool and Single Nominator contracts – present significant limitations for institutional players. According to the team, high minimum staking requirements, limited delegator capacity and the operational complexity of managing multiple pools are key challenges that prevent large institutions from efficiently staking Toncoin at scale.
Currently, they add, the Single Nominator contract requires a minimum of 300,000 TON, limiting accessibility for many institutions. Moreover, both staking models restrict the number of delegators and require manual management, resulting in higher transaction fees and reduced yields due to complex pool monitoring. Recognizing these limitations, Chorus One developed TON Pool – a solution specifically tailored for large-scale staking operations that eliminates inefficiencies and provides a more seamless staking experience.
* Optimized potential yields – By consolidating stakes and reducing transaction fees, TON Pool can maximize potential yields for institutions and their clients. * Unlimited delegators – Unlike traditional staking models that limit delegator capacity, TON Pool allows institutions to stake on behalf of an unlimited number of clients. * Low minimum stake – With a minimum of just 10 TON – versus 300,000 TON in other models – TON Pool makes staking accessible to a broader range of users. * Effortless integration – Institutions can easily integrate TON Pool into their platforms, simplifying staking management and improving user experience.
Compared to traditional staking models, TON Pool offers a much more streamlined staking process. Instead of requiring operators to create and manage multiple pools, TON Pool consolidates all staking into a single address. Customers delegate once, pay one transaction fee and the platform handles all the technical complexities of distributing and managing the stake. Brian Fabian Crain, CEO of Chorus One, said, “TON Pool is our response to the challenges institutions face when staking on the TON blockchain. “We built this solution to remove unnecessary steps, lower costs and provide a scalable option for institutions that require a higher degree of flexibility. TON Pool makes staking more accessible, which we believe is essential to driving the TON ecosystem forward.”
For more details about TON Pool and to get exclusive discounted commission rates, users can reach out here, and sign up now to be among the first to experience streamlined, scalable Toncoin staking.
More about United States Steel Corporation
Company: United States Steel Corporation
Business Focus: Manufacturing, Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Headquarters: Pittsburgh, Pennsylvania
Revenue: $8,892,748,000
Stock Price: $17.26
Price Change: $0.2
Dividend Yield: 2.29%
Market Cap: $7,531,000,000
EPS: $0.034
Shares Outstanding: 1,685,300,000
P/E Ratio: 41.87
RSI: -0.617
MACD: -0.178
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