Ethereum Layer-2 project Tokamak Network has launched a key upgrade to its staking mechanism called TON Staking V2, aimed at directly rewarding participants supporting its Layer 2 infrastructure.
Key Changes in Staking Model
The TON Staking V2 upgrade introduces a new staking model that significantly changes how rewards are distributed within the Tokamak ecosystem. Participants will benefit from improvements that make the process faster and more efficient.
Rewards for Participants
The new system rewards Layer 2 sequencers with token seigniorage based on the total value locked in Layer 2, meaning users will receive more substantial bonuses for contributing to the support of the ecosystem.
Market Reaction to the Upgrade
Since the announcement of the upgrade, the price of the TOKAMAK token has increased by 4.57%, currently trading at $1.22. According to CoinMarketCap, the token's price has risen by 15% over the past week.
The TON Staking V2 upgrade from Tokamak Network is a step forward in the development of Layer 2 infrastructure, offering users new opportunities to engage with the ecosystem and reap rewards.
