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Ethereum L2 Tokamak Network Announces Major ‘TON Staking V2’ Upgrade


by Anisha Pandey
for CoinEdition
Ethereum L2 Tokamak Network Rolls Out 'TON Staking V2'
  • Ethereum L2 project Tokamak Network launched a major staking upgrade, dubbed ‘TON Staking V2’.
  • The new system rewards Layer 2 sequencers with token seigniorage based on L2 TVL.
  • Stakers can now withdraw tokens instantly to Layer 2, skipping the Layer 1 lockup period.

Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism with the launch of TON Staking V2, designed to directly reward participants supporting its Layer 2 infrastructure. 

The announcement sent the price of the TOKAMAK token up 4.57%; it’s now trading at $1.22, bringing its 7-day gain to 15%, according to CoinMarketCap data.

How Does Staking V2 Change Rewards?

At the core of this upgrade is a new staking model. It marks a major shift in how rewards are distributed across the Tokamak ecosystem. 

Specifically, unlike the original model, S…

The post Ethereum L2 Tokamak Network Announces Major ‘TON Staking V2’ Upgrade appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsEthereum L2 ...

Ethereum L2 Tokamak Network Announces Major ‘TON Staking V2’ Upgrade


by Anisha Pandey
for CoinEdition
Ethereum L2 Tokamak Network Rolls Out 'TON Staking V2'
  • Ethereum L2 project Tokamak Network launched a major staking upgrade, dubbed ‘TON Staking V2’.
  • The new system rewards Layer 2 sequencers with token seigniorage based on L2 TVL.
  • Stakers can now withdraw tokens instantly to Layer 2, skipping the Layer 1 lockup period.

Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism with the launch of TON Staking V2, designed to directly reward participants supporting its Layer 2 infrastructure. 

The announcement sent the price of the TOKAMAK token up 4.57%; it’s now trading at $1.22, bringing its 7-day gain to 15%, according to CoinMarketCap data.

How Does Staking V2 Change Rewards?

At the core of this upgrade is a new staking model. It marks a major shift in how rewards are distributed across the Tokamak ecosystem. 

Specifically, unlike the original model, S…

The post Ethereum L2 Tokamak Network Announces Major ‘TON Staking V2’ Upgrade appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum’s 30.24% Surge in May: Why ETH Holders Are Set for Big Rewards

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Ethereum has broken past the $2,000 mark, setting $2,490 as its next resistance level...
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