TonicWave: Freshen Up Your Liquidity

UTONIC
3 min read9 hours ago

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Being the #1 restaking protocol on TON, UTONIC empowers TON token restakers with triple yield, encouraging innovations in the TON ecosystem by reinforcing network security through restaking, ultimately benefiting projects such as cross-chain bridges, oracle networks, and sidechains.

The launch of UTONIC Protocol and uTON today is a big event for the TON ecosystem. uTON is the native embedded liquid restaking token (LRT) of TON, minted and fully backed by restaked TON and TON LSTs (Liquid Staked Token).

To express our gratitude for early supporters, we are launching the “TonicWave” Campaign.

Campaign participants can start to earn UTONIC points, starting from today!

Let’s dive into the campaign details.

UTONIC’s Points System — UP

UTONIC will allocate its native token through its Points System “UP” to reward the loyal users.

To ensure fair participation, the distribution of UTONIC tokens will be based on the number of points (UTONIC Points — “UP”) each user has accumulated during the campaign period.

The more UP a user earns, the bigger portion of airdrop the user will receive.

How to earn UP?

UTONIC offers an innovative triple-earn approach, combining native yield, restaking yield from AVS, and farming incentives from TON Layer 2s or other DeFi protocols.

Additionally, you can earn UP while enjoying airdrops of native tokens through these two main ways:

  1. Deposit TON tokens into the UTONIC Protocol to mint uTON tokens within 1-click:
    🚩https://utonic.org/stake
    Mint uTON and earn x100 UP. For example, if you mint 1.5 uTON, you could receive 150 UP.
  2. Supply uTON tokens to designated staking pools:
    🚩https://utonic.org/defi
    UPs will be distributed at the rate of UPs per day when you stake uTON in designated staking pools. For example, for every 1 uTON staked for 1 day, you will earn 4 UP.
    UTONIC will gradually open various staking pools with our partners, and different scenarios will offer different UPs/day rates.

Note:

The minimum staking time period is 1 day. For example, staking 2.15 uTON for less than 3 days will be considered as 2.15 uTON staked for 2 days.

uTON can be swapped back to TON via uTON/TON trading pool (SWAP) initially, and the redeem function will be enabled later.

Referral Program

Invite your friends or community members to earn unlimited UP:

  1. Generate your unique referral link
  2. Share your referral link with your friends and community members.
  3. You will receive 10% of all UP earned by your referees from minting or staking events.

Notice:

  • Your referral status with your referees cannot be changed once established.
  • UP earned by your referees before establishing a referral status with you will not be retroactively awarded.

For example, if your referee first minted 10 uTON and then established a referral status with you, you will NOT be granted referral UP reward. However, if your referee minted another 10 uTON after establishing a referral status with you, you will earn 10% of their minted/staked amount of uTON as the referral reward.

Special Events

There will be a series of special events providing extra opportunities for users to earn UP. However, it’s important to note that UP earned through special events may not generate referral rewards. Whether each special event can be combined with the referral program depends on the specific circumstances of each event. Please pay attention to this when participating.

Future events will be announced on UTONIC’s social media so stay tuned!

UTONIC’s initiative is to further decentralize TON, fostering shared security and a more robust ecosystem.

Are you ready to join us on this exciting journey?

Join our Telegram channel and follow UTONIC on Twitter to stay up to date!

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UTONIC
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The First Restaking Platform designed specifically for the TON (The Open Network) Ecosystem. utonic.org/home; x.com/UTONIC_uTON; t.me/utonic_uton