The Nasdaq-listed company said it staked roughly 227 million Toncoin, valued at about $5.6 million at market prices, while supporting network upgrades focused on throughput, scalability and smart-contract execution.
TON Strategy said it generated about 3.3 million TON in May by staking (locking tokens to earn rewards) roughly 227 million Toncoin, which it valued at about $5.6 million at market prices. The Nasdaq-listed company described that as a preliminary annualized yield of 1.48%. It also said nearly all of its TON holdings were staked and that it supported recently implemented network upgrades designed to improve smart-contract (self-executing blockchain code) execution, block synchronization, validation, throughput and scalability.