What are the benefits of staking in MyTonWallet?

TON Staking

What is TON Staking?

Staking TON in MyTonWallet is available from just 3 TON. The Annual Percentage Yield (APY) is currently around 4.19% but can vary depending on the blockchain's load.

How Does APY Work?

APY is the annual return on your stake. The rewards are automatically added to your balance, so there's no need for manual reinvestment. Your balance grows automatically over time.

Why Stake TON in MyTonWallet?

MyTonWallet offers the highest APY for staking TON among leading TON wallets, making it an excellent option for those looking to earn passive income with their tokens.

MY Staking

What is MY Staking?

Besides TON, you can also stake MY, the utility token of MyTonWallet. The APR on MY staking varies depending on the number of participants in the staking pool.

How Does APR Work?

MY staking operates on a simple interest (APR) model, where rewards are not automatically added to your stake. To grow your balance, you need to manually reinvest your rewards.

What is the APR for MY Staking?

The current APR for MY staking is 17.45%. However, this rate can fluctuate based on the number of participants. When MY staking was first launched, the APR was over 90%.

What are the Benefits of Staking MY?

Staking MY gives you reduced swap fees within MyTonWallet. The more MY you stake, the more you save:

• 500 MY → STARTER (-5%)

• 5,000 MY → SILVER (-10%)

• 25,000 MY → GOLD (-25%)

• 100,000 MY → PLATINUM (-50%)

• 300,000 MY → BLACK (-100%)

Key Differences Between TON and MY Staking

• TON staking offers automatic rewards with the highest APY among leading TON wallets, making it easier to grow your balance without extra steps.

• MY staking uses an APR-based system, where rewards are not automatically reinvested, requiring manual action to grow your stake. Staking MY also gives you reduced swap fees within MyTonWallet.

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