UTONIC, the first revenue-sharing restaking layer designed for one billion users on TON and Telegram, is revolutionizing the TON ecosystem with its innovative AVS (Actively Validated Services) partners. As a key milestone, DuckChain, UTONIC’s first AVS partner and the first EVM-compatible solution on TON, has announced the token listing on OKX on January 16th.
This achievement not only highlights the success of UTONIC's AVS strategy but also represents a critical step in the expansion of UTONIC's AVS partner ecosystem. UTONIC had announced partnerships with over 10 AVS partners, signaling the start of a robust ecosystem in the TON network.
DuckChain, the first AVS partner of UTONIC, initiated the collaboration by utilizing UTONIC’s robust AVS framework to secure its operations, delivering a revenue stream for uTON (liquidity restaking token) holders. DuckChain has further strengthened the partnership by integrating uTON as a key staking asset in the staking campaign. This integration has created a unique opportunity for uTON holders to earn more yields, making it a highly attractive staking option in the TON ecosystem.
Through the staking campaign, UTONIC has successfully contributed $5 million in TVL to DuckChain. This high-yield opportunity highlights the value of uTON as a highly valuable asset, incentivizing broader participation while maximizing financial benefits for uTON holders. This milestone demonstrates UTONIC's influence in the TON ecosystem and its commitment to fostering growth with AVS partners.
Users in UITONIC holding uTON gain access to triple benefits:
- Staking Yield: Native yield from TON staking, approximately 3.6% APR.
- Restaking Yield: Shared revenue from AVS security services, ranging between 5%-15% APR.
- Farming Yield: Incentives in the form of UTONIC tokens and other rewards from participating in TON DeFi, Layer2, and DApp scenarios.
By enabling the TON’s native asset and the existing staked assets to secure applications such as sidechains, data availability layers, keeper networks, oracle networks, bridges, UTONIC enhances the scalability and resilience of the TON ecosystem. Projects like DuckChain leverage UTONIC’s AVS framework to meet the security requirements, attract institutional and professional participants, and fuel broader adoption across TON and Telegram, which exemplifies UTONIC’s vital role in the TON ecosystem by driving liquidity, enhancing security, and fostering the growth of the AVS applications.
UTONIC’s AVS has expanded from the TON mainnet to TON’s Layer 2 infrastructure, marking a significant milestone in the platform’s development. As the first UTONIC’s AVS partner and the first EVM-compatible solution on TON, DuckChain has successfully launched on the mainnet, officially introducing UTONIC’s AVS to TON Layer 2 ecosystems.
AVS provides advanced security guarantees and decentralized insurance mechanisms for protocols operating on TON Layer 2s. By delivering tailored protection, UTONIC enhances the scalability, security, and reliability of the Layer 2 ecosystem, fostering a robust environment for innovation and adoption.
Driving the expansion of the UTONIC ecosystem
DuckChain’s listing not only demonstrates the success of UTONIC’s AVS partnerships but also highlights the role in empowering projects in the TON and telegram ecosystem. Applications leverage AVS to meet stricter security standards, attract larger-scale participants, and drive broader adoption of TON and Telegram.
Gus, head of operation of UTONIC, emphasized:
“DuckChain’s listing is a significant milestone not just for them, but for UTONIC as well. It demonstrates the potential of AVS to empower innovative solutions in the TON ecosystem. UTONIC is committed to collaborating with leading AVS partners to create a thriving, interconnected TON ecosystem that benefits all users. This is just the beginning of our journey to drive greater adoption and usability for TON.”
UTONIC plans to expand its partnerships and accelerate the ecosystem’s development. By establishing a high standard of security, UTONIC is positioning itself as a cornerstone of the TON blockchain, paving the way for a thriving and innovative future.