Liquid Staking

What is Liquid Staking?

Liquid staking combines the benefits of staking with the flexibility of liquidity.

Traditionally, when you stake your tokens in a blockchain network, they are locked up for a specific period, earning rewards but limiting your ability to use them for other purposes.

Liquid staking protocols like Hipo address this limitation by issuing liquid tokens representing your staked assets. These liquid tokens can be freely transferred and used in other DeFi applications while still earning staking rewards in the background. As a result, Liquid staking can generate active income through various DeFi activities such as trading, yield farming, and liquidity provision.

For example, after receiving hGRAM for staking your GRAM with Hipo, you can hold it, transfer it, swap it on a DEX, or supply it to a liquidity pool — while the underlying GRAM keeps earning staking rewards. Each of those uses carries its own smart-contract, liquidity and price-impact risk; the DeFi page lists the integrations Hipo currently points to.

Why TON?

TON is a prime candidate for mass adoption for three reasons:

High Throughput: TON’s sharded design scales transaction throughput with demand, and has set public records in large-scale throughput tests.

Telegram Roots and Reach: TON grew out of a project started by Telegram’s founders and is now maintained by the independent TON Foundation. Telegram is not its operator, but remains the main distribution channel for TON apps and wallets.

Thriving Community: TON has a large and active community of developers, validators, and users, fostering innovation, collaboration, and network growth.