The UTONIC Protocol, a restaking protocol on the Open Network (TON), has secured $100 million in total value locked (TVL) from key investors, validators, and institutions, as disclosed to Finbold on Monday, September 16.
Supported by the likes of TonStake, iZUMi Finance, InfStones, SatLayer, and StakeStone, TON stakers can now earn validator rewards, Actively Validated Services (AVS) yield, and farming incentives while helping improve cross-chain bridges, oracle networks, and sidechains.
How UTONIC restaking works
UTONIC’s model aims to decentralize TON operations and build a more secure and diverse ecosystem.
Enhanced security is achieved by repurposing staked tokens to secure additional applications within the blockchain.
By reallocating these assets, users can secure AVS and grant additional enforcement rights over their staked assets, ensuring the integrity of data availability protocols, cross-chain bridges, and oracles.
The protocol is structured as a marketpla
We współpracy z: https://finbold.com/utonic-protocol-locks-in-100m-for-ton-restaking/
