UTONIC Protocol locks in $100M for TON restaking
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. Picks for you ‘Rich Dad’ R. Kiyosaki warns ‘debt is going to kill us’ 10 mins ago R. Kiyosaki explains why Bitcoin price i...