Chorus One Launches TON Pool The Premier Institutional Solution for Scalable TON Staking

**Zug, Switzerland, October 31, 2024, Chainwire**

Chorus One, a prominent provider of staking infrastructure across more than 60 networks, has unveiled TON Pool, an innovative staking solution designed to enhance and streamline Toncoin staking for institutional investors. This new offering addresses the shortcomings of current staking models on the TON blockchain, presenting a flexible, cost-effective, and scalable option that caters to custodians, exchanges, wallets, and institutional clients alike.

**Addressing Toncoin’s Staking Challenges**

The TON blockchain has emerged as a robust platform for decentralized applications; however, the existing Toncoin staking mechanisms—such as the Nominator Pool and Single Nominator contracts—pose considerable challenges for institutional participants.

The Chorus One team highlights that prohibitive minimum staking requirements, a limited capacity for delegators, and the operational complexities associated with managing multiple pools are significant barriers that hinder large institutions from effectively staking Toncoin at scale. Presently, the Single Nominator contract mandates a minimum stake of 300,000 TON, which limits accessibility for many institutions. Additionally, both staking models impose restrictions on the number of delegators and necessitate manual management, leading to elevated transaction fees and diminished yields due to the intricate monitoring of pools.

In light of these challenges, Chorus One has engineered TON Pool, a solution specifically designed for large-scale staking operations that streamlines processes and enhances the staking experience.

**Advantages of TON Pool**

– **Maximized Yield Potential:** By consolidating stakes and minimizing transaction fees, TON Pool aims to optimize potential yields for institutions and their clients.

– **Unlimited Delegator Capacity:** In contrast to conventional staking models that restrict the number of delegators, TON Pool permits institutions to stake for an unlimited number of clients.

– **Low Minimum Stake Requirement:** With a minimum stake of just 10 TON—compared to 300,000 TON in other models—TON Pool broadens accessibility for a diverse range of users.

– **Seamless Integration:** Institutions can effortlessly incorporate TON Pool into their platforms, simplifying management of staking and enhancing user experience.

**Streamlined Staking Process with TON Pool**

TON Pool offers a significantly more efficient staking process than traditional models. Rather than requiring operators to establish and oversee multiple pools, TON Pool consolidates all staking activities into a single address. Customers only need to delegate once, incur a single transaction fee, and the platform manages all technical aspects related to stake distribution and oversight.

“TON Pool is our solution to the challenges faced by institutions staking on the TON blockchain,” stated Brian Fabian Crain, CEO of Chorus One. “We designed this platform to eliminate unnecessary steps, reduce costs, and provide a scalable option for institutions that need greater flexibility. TON Pool facilitates easier access to staking, which we believe is vital for advancing the TON ecosystem.”

**Get in Touch**

For further information about TON Pool and to access exclusive discounted commission rates, interested users can contact [email protected] and sign up to be among the first to benefit from streamlined, scalable Toncoin staking.

**About Chorus One**

Chorus One is a leading institutional staking provider, operating infrastructure for over 60 networks, including Ethereum, Cosmos, Solana, Avalanche, Near, among others. Since its inception in 2018, Chorus One has been at the forefront of the Proof-of-Stake (PoS) industry, delivering user-friendly, enterprise-grade staking solutions, conducting cutting-edge research, and investing in innovative protocols through Chorus One Ventures. As an ISO 27001-certified provider, Chorus One also offers slashing and double-signing insurance to its institutional clientele. For more information, visit chorus.one or follow them on X (formerly Twitter) and LinkedIn.

**Contact:**
Hari Iyer
[email protected]