UTONIC Protocol Partners with 10+ AVS Providers to Bring a Paradigm Shift to TON Restaking
UTONIC Protocol, the first restaking platform built on The Open Network, today announces its latest alliance with notable AVS (Actively Validated Services) providers from the TON and Telegram ecosystem.
Being the first restaking protocol for TON, UTONIC aims to extend TON Network’s security to thousands of Telegram applications and build the revenue-sharing layer for one billion users.
Background
On Oct 12, 2024, UTONIC team submitted a proposal to TONResearch, seeking to enhance the security of the growing number of applications in Telegram, increasing the value and yield of TON assets, and encouraging more TON holders to participate in staking.
The original proposal can be found at https://tonresear.ch/t/introducing-ton-restaking-the-utonic-approach/38260
How does UTONIC and Restaking A...