Advancing Liquid Staking: The stONT Launch on Ontology Network Expands Financial Horizons

Ontology Network has recently announced the launch of stONT, marking a significant stride toward liquid staking on its platform. This initiative moves beyond the conventional staking barriers, creating a pathway towards a flexible and accessible means to garner rewards. Unlike traditional staking tokens, stONT appreciates in value in ONG (Ontology Gas), instead of increasing in quantity, presenting a unique proposition for those keen on venturing into new territories of the staking universe.

Key Features:

• Early Phase Engagement: The launch phase begins with the integration of 10 nodes to facilitate the stONT service, thereby laying a solid foundation for further testing and improvements.

• Accessibility: stONT is made easily accessible whether on a PC via node.ont.io or on mobile through the stONT dApp on ONTO Wallet, bringing the service closer to the users.

Liquid Staking Adventure:

Liquid staking emerges as a significant financial flexibility beacon within the blockchain arena. Unlike traditional staking where assets are locked up to earn rewards, liquid staking via stONT allows users to retain asset liquidity while still earning. This modern methodology represents a welcoming gateway for both seasoned stakers and newcomers, with the allure of compounding earnings being a lucrative facet that’s likely to attract many to this innovative staking frontier.

Future Endeavours:

The upcoming collaboration with iZiSwap and Wing Finance indicates that the journey of stONT in the broader staking world is just beginning. Each collaboration widens the horizon, availing Ontonauts numerous pathways to explore and gain from. Crypto wallets & DeFi projects are invited to explore integration possibilities with stONT, widening the audience and showcasing the advantages of liquid staking.

Community Invitation:

Ontology extends an invitation to the community and partners to dive into the stONT venture, share invaluable feedback, and engage in this journey into new staking territories. The stONT initiative is more than just a token; it’s a ticket to a new staking adventure with boundless possibilities.

Elevating Financial Empowerment:

Ontology’s unveiling of stONT is a clear testament to its unwavering commitment to financial empowerment. Traditional Ontology staking has been a hallmark of financial autonomy, with a simplified process of connecting a wallet on the ONTO Wallet platform, specifying the amount of ONT tokens to stake, and affirming the staking action. The introduction of stONT adds a layer of flexibility and liquidity to this robust mechanism, allowing stakers to utilize stONT in other DeFi protocols without having to unstake their ONT tokens. This not only broadens financial activities but also enriches the user interface with the upcoming integration of various tabs such as Stake, Unstake, Dashboard, and Stats, making the staking journey more intuitive and informative.

Ontology and stONT together are not just ushering in an era of financial independence but significantly enhancing it, allowing users to take charge of their financial destiny in the burgeoning digital economy. Through Ontology staking and the liquidity provision of stONT, financial empowerment transitions from a mere promise to an actionable reality.

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