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UTONIC Protocol Premieres the First Restaking Token uTON for TON Blockchain

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UTONIC Protocol, the first Restaking protocol exclusively built for The Open Network and TON tokens, announces the launch of a pre-staking event for its Restaking program uTON on Oct 21, 2024.

Backed by top-tier innovators of the restaking segment and The Open Network’s ecosystem, UTONIC enables TON restakers to earn triple yield (staking yield, restaking yield, and farming yield) and encourages innovation in the ecosystem by enhancing network security, ultimately benefiting projects such as cross-chain bridges, oracle networks, and sidechains. 

UTONIC’s initiative aims to decentralize the way TON’s blockchain operates, fostering shared security and a more robust ecosystem for The Open Network. Being the first restaking protocol for TON, UTONIC aims to extend The Open Network’s security to thousands of Telegram applications and build the revenue-sharing layer for one billion users.

DeFi-Focused Background and Partners

The core team of UTONIC Protocol have dived deep into DeFi and worked to catch up with the need for restaking. Supported by TonStake, iZUMi Finance, InfStones, SatLayer, StakeStone and inspired by EigenLayer, UTONIC combines innovation with TON’s unique use-cases, empowering TON’s validators as well as individual token holders, to enhance the security and scalability of local dApps.

UTONIC Protocol has previously announced their $100M fundraising details and a DeFi-focused background, with 10+ notable projects joining as UTONIC’s AVS partners. In addition, UTONIC is hosting the pre-launch event, marking a new chapter in expanding the UTONIC ecosystem through DeFi protocol collaborations, including Bemo, EVAA, DeDust, Torch, P2P, Chorus One, and Ston.fi and more. Bemo’s stTON (a liquid-staked version of TON) can now be used to mint uTON. Torch, Ston.fi, and DeDust will support uTON liquidity farming by offering additional incentives. P2P and Chorus One will join as restaking operators, with more details to be announced soon.

In the future, UTONIC plans to explore further collaborations with DeFi protocols to expand uTON’s use cases and enhance yield opportunities for users, aiming to unlock new avenues for growth and strengthen UTONIC’s position in the TON blockchain.

The core team of UTONIC Protocol have dived deep into DeFi and worked to catch up with the need for restaking. Supported by TonStake, iZUMi Finance, InfStones, SatLayer, StakeStone and inspired by EigenLayer, UTONIC combines innovation with TON’s unique use-cases, empowering TON’s validators as well as individual token holders, to enhance the security and scalability of local dApps.

The pre-launch event of uTON unfolds with several major partnerships, including Bemo and Ston.fi, who contribute to the on-chain liquidity of uTON.

stTON (a liquid-staked version of TON) of Bemo is now an applicable collateral for minting new uTON. Ston.fi will support uTON liquidity farming by providing extra incentives.

Available Staking Events

Along with the launch of uTON pre-staking program, UTONIC Protocol also announces two major events to generate exposure among users outside the TON ecosystem: TonicWave and Binance Web3 Wallet Campaign.

TonicWave is a Points Program designed to allocate UTONIC’s native token to reward the loyal users of UTONIC Protocol.

By depositing TON tokens into UTONIC Protocol and mint uTON, or supplying uTON tokens to designated staking pools, users will passively earn UP points while enjoying the native yield provided by uTON. 

In collaboration with Binance Web3 Wallet, UTONIC Protocol will also launch an exclusive campaign to enable the users of Binance Web3 Wallet to enter the Restaking layer of The Open Network. Through yield opportunities and task-based events, UTONIC Protocol is expected to onboard a new wave of Web3 users to enter the restaking and DeFi layer of TON Blockchain, driving real adoption cases.

Further details of the Binance Web3 Wallet campaign are to be revealed.

Envisioning the Future of TON Blockchain through Restaking

The crypto industry is currently undergoing a time period that lacks new users and adoption cases. The Open Network has gained popularity through the adoption of mini-apps on the Telegram app, and has caught the market’s attention with the speculation that it will continue to onboard millions of new users.

Unlike many popular Telegram mini-apps that are built on Telegram but have not interacted with the TON blockchain, UTONIC uplifts the yield opportunity for applications built on TON, encouraging innovations and foraging use cases for the TON blockchain. 

Through UTONIC’s restaking approach, the security of dApps and protocols on TON and Telegram can be strengthened. UTONIC incentivizes users to restake TON and encourages protocols to join as AVS partners, maximizing the security of the TON and Telegram ecosystem.

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Press Release

KEYNODE Unveils Effortless Staking Rewards: A Decade of Expertise & Trust in Crypto Staking with Unmatched Security and Reliability

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55 mins ago

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October 22, 2024

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rusted by Over 10 Million Users Worldwide, KEYNODE Leads the Charge in Secure and Effortless Crypto Staking

KEYNODE, one of the most respected platforms in the cryptocurrency staking industry, celebrates 12 years of innovation and trust. Since 2012, KEYNODE has been at the forefront of the crypto revolution, offering users a secure, reliable, and easy-to-use staking experience. Today, the platform proudly serves over 10 million users globally, helping them earn rewards through its cutting-edge staking solutions.

“Our journey in crypto staking has been one of dedication, expertise, and trust,” said the CEO Kiven Scott of KEYNODE. “When Ethereum launched its staking mechanism in 2020, we were ready with the expertise and support our users needed to make the most of this exciting opportunity. We are thrilled to continue leading the way with a focus on security, efficiency, and user satisfaction.”

Unparalleled Security and Privacy Standards

At KEYNODE, security is the top priority. The platform has developed a robust suite of protective measures to ensure users’ funds and data are always safeguarded:

  1. Full Control Over Accounts: No phone or SMS recovery options ensure only users have access to their accounts.
  2. SSL Encryption: All browsing activities on the KEYNODE platform are secured with SSL encryption.
  3. FIDO2-Compliant Two-Factor Authentication (2FA): With Passkeys, users benefit from an enhanced layer of security.
  4. End-to-End Encryption: Sensitive data is encrypted both at rest and in transit to prevent unauthorized access.
  5. 24/7 Support: KEYNODE offers high-priority, around-the-clock live chat, and email support for any urgent issues.

“We believe in empowering our users with not only the best staking opportunities but also the peace of mind that their assets are fully protected. “From state-of-the-art encryption to industry-leading authentication methods, we’re redefining security standards in the staking space.”

Ensuring a Seamless and Efficient Staking Experience

In addition to security, KEYNODE is committed to delivering an optimized and reliable staking experience. The platform’s infrastructure is built to ensure seamless staking operations, powered by high-performance computers with multi-core CPUs and abundant RAM to support fast transaction processing.

KEYNODE’s advanced systems include:

  • Low-Latency Network: A stable connection ensures uninterrupted staking and trading activities.
  • Cold Storage: Cryptocurrencies are stored in secure hardware wallets, safeguarding assets from online threats.
  • Power Backup and Cooling Systems: High-quality power supplies and cooling solutions keep devices running smoothly and efficiently.
  • Regular Backups: Critical data is regularly backed up to prevent loss and ensure quick recovery.

“KEYNODE’s platform combines the best of both worlds–security, and efficiency–allowing users to stake their assets while we handle the rest confidently,” concluded the CEO Kiven Scott. “We are committed to providing an unrivaled experience in crypto staking as we continue to grow and evolve with the industry.”

About KEYNODE

Since its founding in 2012, KEYNODE has grown to become one of the largest and most trusted platforms in the crypto staking industry. With a decade of experience, KEYNODE is dedicated to helping users maximize their rewards with secure, reliable, and easy-to-use staking solutions. Trusted by over 10 million users worldwide, KEYNODE is committed to leading the industry in innovation, security, and customer satisfaction.

Media Contact:

KEYNODE
Kiven Scott
https://www.keynode.net/
info@keynode.net
1325 Avenue of the Americas, New City, NY, United States, New York

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Press Release

$BRIAN and $KLAUS: Revolutionizing Ethereum with Unconventional Cryptocurrency Tokens Inspired by Family Guy’s Beloved Character

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55 mins ago

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October 22, 2024

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$BRIAN and $KLAUS, two innovative Ethereum tokens, are making waves in the cryptocurrency landscape. Inspired by the witty and irreverent character of Brian Griffin from Family Guy, these tokens bring a fresh perspective to the industry. By combining humor and innovation, $BRIAN and $KLAUS offer a unique approach to cryptocurrency, emphasizing community engagement and entertainment. This unconventional strategy sets them apart from traditional tokens and invites holders to join a dynamic ecosystem.

October 22,2024 Introducing $BRIAN, the revolutionary cartoon-inspired token that’s set to disrupt the world of cryptocurrency. Inspired by the witty and charming Brian Griffin from Family Guy, $BRIAN embodies the same irreverent spirit and humor that has captured the hearts of millions. This innovative token brings a touch of satire and whimsy to the world of digital finance, proving that even cryptocurrency can have character. With its unique blend of cutting-edge blockchain technology and cartoon-inspired flair, $BRIAN is poised to shake up the industry and bring a fresh perspective to the world of finance.

A new meta is emerging, inspired by the creative genius of Seth MacFarlane. $KLAUS, named after the iconic fish character from American Dad, Now, Brian Griffin is making a splash with his own unique energy – playful, peculiar, and purpose-driven. This innovative currency blends cultural relevance with speculative excitement, striking a balance between meme token frenzy and market practicality. The result? A steadily growing community, fueled by organic engagement that radiates like ripples across a vast digital landscape. Imagine a cryptocurrency that embodies the spirit of creativity and innovation, where humor and unpredictability are woven into the very fabric of its existence. Welcome to $BRIAN, a token that defies convention and redefines the possibilities of digital finance. With its dynamic persona and engaging community, $BRIAN is more than just a cryptocurrency – it’s a movement. By harnessing the power of popular culture and combining it with cutting-edge blockchain technology, $BRIAN has the potential to revolutionize the way we think about money and value. Join the journey and discover a new era of cryptocurrency, where creativity meets innovation.

While other tokens struggle to strike a balance between hype and inherent value, $BRIAN boldly embraces its eccentricity, staying faithful to the quirky spirit of its namesake, Brian Griffin. This unconventional approach has proven effective, as early indicators suggest that holders are gravitating towards the token’s lighthearted and playful identity. Moreover, the project’s commitment to transparency has fostered a sense of trust and community among its supporters. By staying true to its offbeat roots, $BRIAN has differentiated itself in a crowded cryptocurrency market, offering a refreshing alternative to the usual hype-driven tokens.

$BRIAN’s ecosystem thrives on a core principle: authentic growth through community engagement. By prioritizing natural, organic development, we avoid artificial stimulation that can undermine long-term success. Instead, our community-focused initiatives empower holders to shape the token’s future, ensuring a dynamic and entertaining experience. Campaigns encourage participation, driving sustained momentum and fueling conversations that spark new ideas. This collaborative approach enables $BRIAN to stay adaptable and responsive to the evolving needs of its community.

The $BRIAN journey is anything but predictable. Rather than following a linear trajectory, it embracingly zigzags with charm, wit, and a dash of irreverence – mirroring the eccentric personality of its namesake, Brian Griffin. This unconventional approach allows $BRIAN to thrive in the ever-changing cryptocurrency landscape. By embracing unpredictability, this token creates an exciting experience for its holders.

For more details, Visit Website: https://brian-griffin.net

X.com (Twitter): https://x.com/BrianCoinETH

Telegram: https://t.me/BrianGriffinETH

About the $BRIAN Token

$BRIAN, a crypto token deeply rooted in Brian Griffin’s eccentric genius, introduces a pioneering approach to cryptocurrency development. By emphasizing community-driven growth and organic expansion, $BRIAN cultivates a self-sustaining ecosystem that harmoniously balances entertainment and functionality. This token’s core philosophy recognizes the importance of sustained participation and fluid expansion, ensuring that holders are integral to its success. Through its innovative framework, $BRIAN merges unpredictability with opportunity, offering a refreshing alternative to traditional cryptocurrency models.

Media Contact

Organization: Brian Griffin

Contact Person: Brian Griffin

Website: https://brian-griffin.net

Email: Send Email

Address: Dubai , United Arab Emirates

State: Dubai

Country: United Arab Emirates

Release Id: 22102418798

The post $BRIAN and $KLAUS: Revolutionizing Ethereum with Unconventional Cryptocurrency Tokens Inspired by Family Guy’s Beloved Character appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

OpenAudio Enhances HOLO-WHAS with 8-Streaming Capability

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1 hour ago

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October 22, 2024

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China, 22nd Oct 2024 – OpenAudio, a leading provider of smart home audio solutions, is proud to announce a significant update to its flagship product, the HOLO-WHAS. This update doubles the system’s streaming capacity from 4 to 8, providing even more flexibility and coverage for whole-home audio distribution.

Expanding Audio Coverage for Modern Households

The updated HOLO-WHAS is designed to accommodate the diverse family structures and room configurations prevalent in the United States. With an average household size of four people and typically eight rooms, the need for comprehensive audio coverage has never been greater. This enhancement ensures that every corner of the home, from living rooms to gardens and kitchens, can enjoy synchronized audio streaming.

Technical Highlights of the HOLO-WHAS Update:

  • Increased Streaming Capacity: The HOLO-WHAS now supports 8 simultaneous audio streams, doubling its previous capacity and demonstrating the system’s robust architecture and scalability.
  • Firmware Upgrade: The firmware has been upgraded from version 1.0.76 to 1.0.83, featuring enhanced AirPlay 2 support and improved compatibility with both Android and iOS apps.
  • Extensive Testing: The update underwent rigorous testing by in-house engineers and external testers from ByteDance, ensuring a seamless user experience.
  • Successful Deployment: On August 22, 2024, the firmware and app update were successfully rolled out, receiving extremely positive feedback from customers.

About OpenAudio:

OpenAudio is dedicated to delivering innovative smart home audio solutions that enhance the daily lives of its users. Our product lineup includes the HOLO-WHAS, HoloHome streamer+, HoloHome Streamer, SmartAmp, smart speakers, and smart headphones. We are committed to continuous innovation, with the upcoming release of the HOLO-WHAS-G2, which will offer numerous advantages over its predecessor.

For more information, visit OpenAudio’s website www.openaudiohome.com or contact us directly holosound@holosound.net.

 

Media Contact

Organization: OpenAudio

Contact Person: Holosound

Website: http://www.openaudiohome.com

Email: Send Email

Country: China

Release Id: 22102418794

The post OpenAudio Enhances HOLO-WHAS with 8-Streaming Capability appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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