đ Big news in the crypto world! UTONIC Protocol, a restaking solution on The Open Network (TON), has secured a whopping $100M in total value locked from investors, validators, and institutions. đ
Key Highlights:
- UTONIC offers a marketplace where projects can incentivize users by rewarding them for allocating their staked Toncoin (TON).
- The protocol aims to expand the decentralized finance (DeFi) ecosystem on TON, which is gaining traction with tap-to-earn games.
- Users can leverage their staked TON for native validator rewards, actively validated services, and farming.
Join the conversation! How do you think UTONIC will impact the DeFi landscape? đŹ
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