Tokamak Network provides TON storage staking function in Samsung Blockchain Wallet

Tokamak Network announced that Samsung Blockchain Wallet will officially support Tokamak Network’s ecosystem token’TON’ and staking service.

The on-demand Ethereum layer 2 platform’Tokamak Network’ is now available on the Samsung Blockchain Wallet.

According to the data distributed by Tokamak Network, Samsung Blockchain Wallet announced that it will provide deposit and withdrawal, storage and staking services for Tokamak Network’s ecosystem token’TON’.

Staking is the consignment of the user’s virtual assets to the blockchain for operation and verification of the blockchain network, and the reward is rewarded with virtual assets. It is one of the essential functions for blockchain operation.

Tokamak Network’s staking is currently being operated by delegating four operators to Tokamak Network Foundation, Level 19, DSRV, and Talken. Since its official launch in September 2020, a total of 11 million TONs, which account for 53% of the distribution volume, are staked, and through this, you can receive about 45% of rewards per year.

Tokamak network users who use Samsung Galaxy smartphones (S20, S21, Note 20, etc.) with the listing of the Samsung Blockchain Wallet can easily deposit and withdraw TON, and easily staking through mobile through the staking app provided by DApp Tab. You can participate in

In particular, the simple staking app of Tokamak Network, which is provided with tone support, adopts UX that reflects the behavior of users participating in staking, making it easier and simpler to use.

Tokamak Network is expected to revitalize more Tokamak Network user communities through the listing of Samsung Blockchain Wallet.

Jeong Soon-hyung, Tokamak Network Founder, said, “The Samsung Blockchain Wallet that has proven stability is equipped with a Tokamak staking app, and we are very pleased to be able to introduce it through this. “It will be able to increase the level of trust in the Layer 2 network.

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