Ethereum L2 Tokamak Network Announces Major ‘TON Staking V2’ Upgrade
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- Ethereum L2 project Tokamak Network launched a major staking upgrade, dubbed ‘TON Staking V2’.
- The new system rewards Layer 2 sequencers with token seigniorage based on L2 TVL.
- Stakers can now withdraw tokens instantly to Layer 2, skipping the Layer 1 lockup period.
Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism with the launch of TON Staking V2, designed to directly reward participants supporting its Layer 2 infrastructure.
The announcement sent the price of the TOKAMAK token up 4.57%; it’s now trading at $1.22, bringing its 7-day gain to 15%, according to CoinMarketCap data.
How Does Staking V2 Change Rewards?
At the core of this upgrade is a new staking model. It marks a major shift in how rewards are distributed across the Tokamak ecosystem.
Specifically, unlike the original model, S…
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