🚀 Utonic, a new restaking protocol on The Open Network (TON), receives $100M TVL in commitments ahead of launch! 💰

🔹 Participating companies: TonStake, iZUMi Finance, InfStones, SatLayer, StakeStone.

🔹 Goal: Enhance security & decentralization of TON.

🔹 Expected APY up to 30%, even in bear market still above 20%.

📈 Benefits of restaking:

- Earn profits from validator yield, AVS, and farming incentives.

- Increase capital efficiency & liquidity.

📅 Utonic will launch at the end of September!

💬 What do you think about the potential of restaking? Share your thoughts!#Crypto#Blockchain#BTC#DeFi