
Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the integration of Tonstakers, a leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, further expanding decentralized finance (DeFi) opportunities for its users.
With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem.
This groundbreaking development is set to open up new possibilities for users who wish to participate in the DeFi space, particularly those who have been exploring the potential of the TON blockchain. Bybit’s decision to pioneer this integration reinforces its commitment to fostering an open and inclusive ecosystem that empowers builders, creators, and enthusiasts alike.
Bybit Web3 Wallet is already supporting a range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more. The addition of Tonstakers’ liquid staking protocol further solidifies Bybit’s position as a trailblazer in the Web3 space.
“We are thrilled to announce this landmark integration with Tonstakers,” said [Name], a representative from Bybit Web3. “By providing our users with access to TON-based DeFi opportunities, we aim to accelerate the growth of decentralized finance and unlock new possibilities for the entire blockchain community.”
Bybit’s commitment to fostering an open ecosystem is rooted in its mission to democratize access to innovative financial tools, infrastructure, and technologies. By integrating Tonstakers’ staking protocol, the exchange seeks to empower a wider audience to participate in DeFi, paving the way for further innovation and collaboration.
To learn more about this development or explore the range of Web3 services offered by Bybit, please visit their official website at [website URL].
Source: cryptocurrencynews.com