The Open Network (TON)

Validators

Kiln currently offers single nominator contract type for TON staking. The minimum amount to stake with this flow is 500k TON.

Before staking TON please contact your CSM in order to set up the single nominator contracts.

Staking mechanics

Stake activation time

Next Epoch (18hs)

Stake lock-up time

One Epoch (18hs) + 9hs

Re-delegating activation time

Instant

Rewards frequency

First rewards: First epoch after funds where send to single nominator contract Rewards frequency: every epoch (18hs).

Auto-compounding

Yes

Minimum requirement

Minimum of 500k TON for single nominator contract

Active set

Yes (400 validators)

Slashing

Yes, if validator is idle or behaves maliciously can get slashed.

Relationship between validator stake balance and rewards

Linear. The more stake balance there is on the validator, the more rewards it will earn, until 1M TON threshold where there are no additional rewards for additional TON. A new single nominator contract has to be deployed in this case.

Staking workflow

What is the staking process?

After the single nominator contract has been deployed the user can send funds to the contract

Do funds move out to another wallet?

Funds move to the single nominator contract which the user owns and can withdraw at any time.

Can I keep staking/unstaking from/to the same wallet?

Yes

Can I select how much of my wallet balance I want to stake?

Yes

How does auto-compounding work?

After every epoch the additional TON earned is used to generate additional rewards

How do I unstake?

You can unstake by withdrawing from the single nominator contract when the funds are not being used to validate

Can I unstake part of the staked balance?

Yes, you can select the amount of tokens you want to unstake

What is the slashing risk?

Downtime: During en epoch if a validator signed less than a certain threshold of the blocks, he will get slashed for 101 TON Double signing: Validator won't be able to validate for the epoch so it will get the downtime slashing

How is commission paid?

Commissions are invoiced to the customer as there is no commission dispatching on chain for the single nominator contract

Staking guide

pageTon (TON)

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