Blockchain-Restaking-Lösung UTONIC erreicht 100 Millionen US-Dollar in TVL

Coinspeaker · 2024-09-14T14:13:03.000Z

Coinspeaker Blockchain-Restaking-Lösung UTONIC erreicht 100 Millionen US-Dollar in TVL UTONIC Protocol, eine Blockchain-Restaking-Plattform, hat einen wichtigen Meilenstein erreicht und dank der Beteiligung namhafter Investoren, Validierer und Institutionen die Marke von 100 Millionen US-Dollar an gesperrtem Gesamtwert (TVL) überschritten. In einer am Freitag veröffentlichten Erklärung betonte die Plattform ihre Position als erste Restaking-Lösung, die auf The Open Network (TON) basiert. Das Protokoll zielt darauf ab, das Blockchain-Ökosystem zu dezentralisieren, die gemeinsame Sicherheit zu verbessern und dezentrale Anwendungen (dApps) zu stärken, die innerhalb des TON-Netzwerks erstellt werden.

Coinspeaker Blockchain Restaking Solution UTONIC Reaches $100 Million in TVL
UTONIC Protocol, a blockchain restaking platform, has achieved a major milestone, surpassing $100 million in total value locked (TVL) thanks to the participation of notable investors, validators, and institutions.
In a statement released on Friday, the platform emphasized its position as the first restaking solution built on The Open Network (TON). The protocol aims to decentralize the blockchain ecosystem, enhancing shared security and strengthening decentralized applications (dApps) built within the TON network.
Inspired by Ethereum’s EigenLayer
UTONIC said it drew inspiration from EigenLayer, the first restaking protocol built on Ethereum to introduce its own restaking mechanism. However, the platform differentiates itself by combining innovation with TON’s unique capabilities. By leveraging the power of the network, it provides enhanced security and scalability for both validators and individual token holders.
So far, UTONIC has established several strategic partnerships both within and beyond the TON ecosystem. According to the platform, it is currently working with notable restaking solutions, including TonStake, iZUMi Finance, InfStones, Satlayer, and Stakestone.
The partners have also pledged to provide the platform with advisory and technical support to enhance its capabilities and integration across various blockchain services.
For users interacting with the network, UTONIC offers restakers the opportunity to earn three types of rewards: native validator rewards, Actively Validated Services (AVS) yield, and farming incentives. By restaking their assets, users contribute to vital services across the TON blockchain such as cross-chain bridges, oracle networks, and sidechains, further improving the overall security of the protocol.
UTONIC also includes an opt-in feature that introduces additional slashing conditions tailored to specific validated services, such as data availability protocols and oracles. These conditions help maintain the integrity and security of the blockchain ecosystem.
Rewards and Incentives
TON holders can use UTONIC to restake their assets in multiple ways, including through native restaking or Liquid Staking Tokens (LST) restaking. According to the platform, native restaking involves depositing TON tokens into UTONIC’s smart contracts. These deposited tokens are then utilized in the TON staking process, with operators leveraging the staked TON to participate in UTONIC’s restaking.
Alternatively, users can opt for LST restaking by depositing their Liquid Staking Tokens into UTONIC’s smart contracts. In this method, the network operators take LSTs, which are already staked in various protocols, and restake these assets through UTONIC.
Upon completion of the restaking process, the platform mints an embedded token called uTON, which acts as a receipt for the restaked TON. Additionally, users holding uTON can earn incentives from partner networks, benefiting across DeFi platforms, sidechains, and other parts of the TON ecosystem.
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Blockchain Restaking Solution UTONIC Reaches $100 Million in TVL

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