PAX Gold (paxg) 
Bybit Integrates Tonstakers for Enhanced Staking Opportunities
Crypto exchange Bybit has taken a significant step towards expanding its staking offerings by integrating Tonstakers, a leading liquid staking protocol on the TON blockchain. This integration is part of Bybit’s efforts to bridge the gap between Web2 and Web3, providing users with seamless access to decentralized finance (DeFi) opportunities.
The integration follows the announcement that Bybit’s web3 wallet now supports the TON blockchain, allowing users to tap into Toncoin TON staking opportunities. This move is expected to benefit up to 130 million TON blockchain ecosystem users, who can now access staking of TON tokens directly within the Bybit Web3 Wallet.
Unlocking Staking Opportunities with Tonstakers
Bybit Web3 Wallet users can now stake TON and receive Tonstakers’ liquid staking token, tsTON. Holders of tsTON will be eligible to earn rewards while contributing to the TON ecosystem’s growth and security. The staking process offers annual returns of between 3% and 5%, with compounding support available.
According to Emily Bao, head of Bybit Web3, “We believe this integration will significantly contribute to the growth and success of the TON ecosystem.” Bybit is committed to creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience.
Tonstakers and Bybit Web3 Wallet: Key Features
Tonstakers boasts a total value locked of over $260 million and is one of the top protocols for liquid-staked TON in the market. Bybit Web3 Wallet, on the other hand, offers a range of staking options, including:
- Support for Ethereum, Sui, and the stablecoins USDT and USDC
- bbSOL, a Bybit liquid staking token on Solana
As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience.
Bybit’s integration with Tonstakers marks a significant milestone in the growth of the TON ecosystem and provides users with enhanced staking opportunities. For more news and updates on the world of cryptocurrency, visit Global Crypto News.
