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Chorus One Introduces TON Pool: The First Institutional Solution for Scalable TON staking

Chorus One
Chorus One
November 1, 2024
5 min read
November 1, 2024
5 min read

The TON blockchain has emerged as a promising platform, but for institutions (wallets, exchanges, custodians etc.) looking to offer Toncoin staking to their customers, current options come with serious limitations. From high staking minimums to complex pool management, existing solutions fall short of meeting the needs of large-scale, flexible staking.

Recognizing this gap, we have launched TON Pool – a staking solution designed to meet the unique requirements of institutional players while making Toncoin staking simpler, more efficient, and scalable.

The challenge with current staking solutions

The TON ecosystem currently offers the Nominator Pool and Single Nominator contracts as staking options. However, both models restrict the number of delegators and impose high minimum stake requirements, which limits accessibility for larger institutions that manage staking services for numerous clients. These limitations force institutions to distribute stakes manually across multiple pools, adding operational complexity and increasing transaction fees, while impacting the final yield. (We covered the current TON staking mechanisms in detail here.)

With these pain points in mind, we saw an opportunity to create a tailored solution that eliminates these barriers and optimizes staking for our customers needs.

Why we built TON Pool

TON Pool addresses the shortcomings of current models by providing a flexible, high-efficiency staking solution that scales for larger institutions and various service providers. TON Pool aggregates Toncoin from an unlimited number of users into a single pool, offering seamless in-protocol distribution across multiple validators and removing the need for complex management. The result? A more streamlined, cost-effective, and yield-optimized staking experience for institutions and their customers.

Who is TON Pool built for?

TON Pool is designed for:

  • Custodians: Looking to offer reliable staking without the high minimum requirements or complex pool management.
  • Wallets and Exchanges: Aiming to provide a hassle-free staking experience to their users.
  • Investors: Seeking a straightforward way to stake Toncoin across multiple validators without the administrative overhead of manually distributing tokens.

Key benefits of TON Pool
  • Unlimited delegators: Unlike traditional models limited to 40 addresses, TON Pool supports an unlimited number of users and handles stake aggregation automatically.
  • Low minimum stake: Start staking with as little as 10 TON, compared to the 300,000 TON required by the Single Nominator model, making staking accessible to a wider audience.
  • Effortless integration: Institutions can integrate TON Pool easily into their user interfaces, allowing users to stake or unstake seamlessly, without requiring constant updates or additional fees.
  • Enhanced yields: With TON Pool’s single pool structure, institutions save on transaction fees, maximizing profitability for themselves and their users.

How TON Pool solves current staking challenges
Comparing Staking Flows: Traditional TON staking vs. TON Pool

One of the most significant advantages of TON Pool is its streamlined staking flow. Here’s a comparison of how staking works with traditional models versus TON Pool:

With TON Pool, customers no longer need to juggle multiple addresses or pay per transaction. Instead, they delegate once, paying a single fee, while all technical complexities are managed seamlessly within the protocol.

“TON Pool is our answer 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 and profitable, which we believe is essential to driving the TON ecosystem forward,” -  Brian Fabian Crain, CEO, Chorus One.

Get in Touch

For more details about TON Pool and to get exclusive discounted commission rates, reach out at staking@chorus.one, and sign up now to be among the first to experience streamlined, scalable Toncoin staking.

About Chorus One

Chorus One is one of the largest institutional staking providers globally, operating infrastructure for over 60 Proof-of-Stake (PoS) networks, including Ethereum, Cosmos, Solana, Avalanche, Near, and others. Since 2018, we have been at the forefront of the PoS industry, offering easy-to-use, enterprise-grade staking solutions, conducting industry-leading research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001 certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clients. For more information, visit chorus.one or follow us on LinkedIn, X (formerly Twitter), and Telegram.