Everscale launches temporary boost staking program

Press release

Tallinn, Estonia, December 16, 2021 – Everscale (formerly Free TON) has announced the launch of its Boost Staking campaign, a limited-time offer that offers unique benefits to EVER owners. Designed to provide passive income for participants, individuals can send tokens to a special smart contract called “Depool” where they help validate transactions on the blockchain. .

Staking used to be seen as an intimidating process, whether the user interface wasn’t intuitive or the user needed a substantial token balance to participate. Surf Wallet and Browser always solve the first problems by offering users the possibility to interact with smart contracts and successfully set their tokens by running a single chat interface in a browser called “DeBot”.

The advanced staking program further lowers the barrier to entry, allowing users to wager only 100 tokens to participate, while also leaving the embargo period to the user. From 6, 12, 18 and 24 months, planners can benefit from various advantages, with the additional APY being a maximum of 15%. Rewards are distributed after each validation cycle, with withdrawals from Depool taking up to 54 hours.

Everscale Network prides itself on lowering the barrier to entry and welcoming new users to the staking process to see how easy it is to earn rewards. Through this initiative, the team encourages user participation, increases liquidity and welcomes more projects in the near future.

Everscale is a layer-one blockchain that uses a proof-of-stake (PoS) consensus and runs on over 400 decentralized validators. Everscale enables reliable, efficient and interoperable blockchain solutions. Driven by a distributed community and a network of projects, Everscale is committed to empowering the community to discover, build and develop blockchain solutions. The network’s technology uses multithreading, which makes it scalable and able to process millions of transactions per second while remaining safe and secure.

Via the Everscale network

Everscale is a unique blockchain design that proposes a scalable, decentralized world computer paired with a distributed operating system. Everscale is based on a platform called At Any Time OS, which can process millions of transactions per second and has full Turing smart contracts and a decentralized user interface.

Everscale offers several new and unique features, such as dynamic multithreading, soft majority consensus and distributed programming, which simultaneously enable it to be scalable, fast and secure. It is operated by a decentralized community based on democratic principles through the soft majority voting protocol.

Everscale has powerful developer tools such as compilers for Solidity and C ++, SDKs and APIs, client libraries ported to more than 20 languages ​​and platforms, a wide range of browser unusable tokens, encryption and domain governance.

About TON Labs

TON Labs was founded in May 2018 and is a global meeting of experts in decentralized application development and the core developer of the free TON network, a decentralized, blockchain-controlled blockchain, the community and its main component is TON OS. As the core developer of Totally Free TON, TON Labs is committed to optimizing the development of applications that are easily accessible to global communities and businesses.

Real end-to-end decentralization is made possible by the TON operating system, a technology system that accelerates blockchain development and lives off the community-controlled free TON blockchain. With absolute trust and legitimate data ownership, developers are armed with the tools to drive the mass adoption of liberating technologies.

For more information, please visit https://tonlabs.io/

Media contact

Joanne Eberhardt VP Communications TON Labs

Joanne@tonlabs.io